DAPP vs PIE
Comparison between VANECK DIGITAL TRANSFORMATION ETF (DAPP, ETF) and INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF).
5-Year PerformancePIE has outperformed DAPP, delivering a return of +8.3% compared to -3.4%
DAPP vs PIE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
DAPP
$229M
PIE
$228M
Expense Ratio
Winner
DAPP
0.52%
PIE
0.90%
Max Drawdown
DAPP
92.63%
Winner
PIE
73.06%
Sharpe Ratio
DAPP
0.48
Winner
PIE
1.37
5Y Beta
DAPP
2.53
Winner
PIE
0.93
P/E Ratio
DAPP
-4.42
PIE
N/A
Forward P/E
DAPP
41.90
PIE
N/A
5Y Dividends CAGR
DAPP
N/A
PIE
18.17%
Debt to Equity
DAPP
72.51%
PIE
N/A
P/S Ratio
DAPP
2.29
PIE
N/A
P/B Ratio
DAPP
2.52
PIE
N/A
DAPP vs PIE - Holdings Comparison
DAPP and PIE have 1 common holdings. Overlap is -0.51%
DAPP's top 25 holdings weight is 99.94%. PIE's top 25 holdings weight is 48.95%.
| Rank | DAPP | PIE |
|---|---|---|
| #1 | BLOCK INC CLASS A (XYZ) - 10.58% | TOPCO SCIENTIFIC CO LTD (n/a) - 3.17% |
| #2 | COINBASE GLOBAL INC ORDINARY SHARES CLASS A (COIN) - 9.06% | n/a (n/a) - 2.82% |
| #3 | BITMINE IMMERSION TECHNOLOGIES INC (BMNR) - 8.45% | ACCTON TECHNOLOGY CORP (n/a) - 2.79% |
| #4 | CIRCLE INTERNET GROUP INC ORDINARY SHARES CLASS A (CRCL) - 7.05% | UNITED INTEGRATED SERVICES CO LTD (n/a) - 2.68% |
| #5 | FIGURE TECHNOLOGY SOLUTIONS INC ORDINARY SHARES-CLASS A (FIGR) - 6.43% | WANGUO GOLD GROUP LTD (n/a) - 2.63% |
| #6 | IREN LTD (IREN) - 6.34% | MARKETECH INTERNATIONAL CORP (n/a) - 2.62% |
| #7 | STRATEGY INC CLASS A (MSTR) - 4.43% | SIGURD MICROELECTRONICS CORP (n/a) - 2.48% |
| #8 | RIOT PLATFORMS INC (RIOT) - 4.38% | n/a (n/a) - 2.36% |
| #9 | APPLIED DIGITAL CORP (APLD) - 4.34% | NAN YA PRINTED CIRCUIT BOARD CORP (n/a) - 2.34% |
| #10 | BULLISH (BLSH) - 3.87% | CHROMA ATE INC (n/a) - 2.09% |
| #11 | CLEANSPARK INC (CLSK) - 3.84% | ZIJIN MINING GROUP CO LTD CLASS H (n/a) - 1.95% |
| #12 | HUT 8 CORP (HUT) - 3.80% | KINSUS INTERCONNECT TECHNOLOGY CORP (n/a) - 1.82% |
| #13 | MARA HOLDINGS INC (MARA) - 3.75% | SUPREME ELECTRONICS CO LTD (n/a) - 1.78% |
| #14 | CIPHER DIGITAL INC (CIFR) - 3.70% | UNIMICRON TECHNOLOGY CORP (n/a) - 1.72% |
| #15 | METAPLANET INC (n/a) - 3.68% | MAGYAR TELEKOM TELECOMMUNICATIONS PLC (n/a) - 1.70% |
| #16 | CORE SCIENTIFIC INC ORDINARY SHARES NEW (CORZ) - 3.57% | ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.68% |
| #17 | GALAXY DIGITAL INC ORDINARY SHARES CLASS A (GLXY) - 3.56% | ASELSAN ELEKTRONIK SANAYI VE TICARET AS (n/a) - 1.58% |
| #18 | TERAWULF INC (WULF) - 3.27% | MEGA UNION TECHNOLOGY INC (n/a) - 1.48% |
| #19 | BITDEER TECHNOLOGIES GROUP ORDINARY SHARES CLASS A (BTDR) - 2.93% | n/a (n/a) - 1.47% |
| #20 | OSL GROUP LTD (n/a) - 2.91% | TRIPOD TECHNOLOGY CORP (n/a) - 1.45% |
| #21 | N/A | BIZLINK HOLDING INC (n/a) - 1.44% |
| #22 | N/A | VUKILE PROPERTY FUND LTD (n/a) - 1.27% |
| #23 | N/A | HARBIN ELECTRIC CO LTD CLASS H (n/a) - 1.23% |
| #24 | N/A | CHINA SHENHUA ENERGY CO LTD CLASS H (n/a) - 1.20% |
| #25 | N/A | KING SLIDE WORKS CO LTD (n/a) - 1.20% |
| Total Holdings | 20 | 111 |
DAPP vs PIE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
DAPP
+12.42%
PIE
+8.36%
3M
DAPP
-6.80%
Winner
PIE
+0.88%
6M
Winner
DAPP
+22.85%
PIE
+18.40%
1Y
DAPP
+17.71%
Winner
PIE
+46.95%
5Y(CAGR)
DAPP
-3.39%
Winner
PIE
+8.29%
10Y(CAGR)
DAPP
N/A
PIE
+9.72%
Max(CAGR)
DAPP
-6.45%
Winner
PIE
+3.04%
DAPP vs PIE - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | DAPP | PIE |
|---|---|---|
| 2026 | +13.88% | +39.89% |
| 2025 | +9.54% | +25.76% |
| 2024 | +49.63% | +1.38% |
| 2023 | +279.34% | +12.56% |
| 2022 | -85.71% | -28.77% |
| 2021 | -38.38% | +12.85% |
| 2020 | N/A | +18.03% |
| 2019 | N/A | +25.13% |
| 2018 | N/A | -22.83% |
| 2017 | N/A | +41.02% |
| 2016 | N/A | +2.26% |
| 2015 | N/A | -13.21% |
| 2014 | N/A | -0.27% |
| 2013 | N/A | -2.46% |
| 2012 | N/A | +14.98% |
| 2011 | N/A | -13.39% |
| 2010 | N/A | +21.08% |
| 2009 | N/A | +53.15% |
| 2008 | N/A | -62.20% |
| 2007 | N/A | +0.56% |
DAPP vs PIE Drawdown Comparison
The maximum drawdown for DAPP was -91.87%, occurring on Dec 28, 2022. This drawdown has not yet recovered.
The maximum drawdown for PIE was -72.98%, occurring on Mar 2, 2009. Recovery took 3259 trading sessions.
The current DAPP drawdown is -32.37%. The current PIE drawdown is -2.85%.
| Rank | DAPP | PIE |
|---|---|---|
| #1 | -91.87% Nov 9, 2021 - Dec 28, 2022 | -72.98% Jan 10, 2008 - Dec 18, 2020 |
| #2 | -39.21% Apr 14, 2021 - Nov 8, 2021 | -40.31% Jul 15, 2021 - Jan 6, 2026 |
| #3 | N/A | -17.26% Jun 22, 2026 - Jul 29, 2026 |
| #4 | N/A | -12.87% Feb 17, 2021 - Jun 1, 2021 |
| #5 | N/A | -9.87% Feb 27, 2026 - Apr 10, 2026 |
| #6 | N/A | -7.85% May 26, 2026 - Jun 15, 2026 |
| #7 | N/A | -6.90% May 11, 2026 - May 26, 2026 |
| #8 | N/A | -5.39% Jan 25, 2021 - Feb 2, 2021 |
| #9 | N/A | -4.89% Jan 28, 2026 - Feb 11, 2026 |
| #10 | N/A | -2.98% Jun 15, 2026 - Jun 18, 2026 |
| #11 | N/A | -2.18% Apr 22, 2026 - Apr 24, 2026 |
| #12 | N/A | -1.92% Jun 1, 2021 - Jun 21, 2021 |
| #13 | N/A | -1.86% Jan 14, 2021 - Jan 19, 2021 |
| #14 | N/A | -1.85% Jul 7, 2021 - Jul 15, 2021 |
| #15 | N/A | -1.46% Dec 31, 2007 - Jan 7, 2008 |
Correlation
Correlation between DAPP and PIE is 0.72 which considered as a strong positive correlation - the stocks tend to move together.
0.72
-101
Dividend Comparison (2008 - 2026)
DAPP vs PIE dividend yield comparison.
| Year | DAPP | PIE |
|---|---|---|
| 2026 | 0.00% | 0.73% |
| 2025 | 0.00% | 2.28% |
| 2024 | 4.04% | 2.33% |
| 2023 | 0.00% | 2.59% |
| 2022 | 0.00% | 3.45% |
| 2021 | 10.13% | 1.28% |
| 2020 | 0.00% | 1.32% |
| 2019 | 0.00% | 2.29% |
| 2018 | 0.00% | 3.32% |
| 2017 | 0.00% | 1.63% |
| 2016 | 0.00% | 1.48% |
| 2015 | 0.00% | 0.80% |
| 2014 | 0.00% | 0.53% |
| 2013 | 0.00% | 1.23% |
| 2012 | 0.00% | 0.68% |
| 2011 | 0.00% | 0.80% |
| 2010 | 0.00% | 0.34% |
| 2009 | 0.00% | 0.71% |
| 2008 | 0.00% | 0.67% |
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