DAPP vs VCV

Comparison between VANECK DIGITAL TRANSFORMATION ETF (DAPP, ETF) and Invesco California Value Municipal Income Trust (VCV, ETF).

5-Year PerformanceVCV has outperformed DAPP, delivering a return of +0.4% compared to -0.4%

DAPP vs VCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DAPP(ETF)	VCV(ETF)
Net Assets	$500M	$497M
Expense Ratio	0.52%	N/A
Max Drawdown	92.63%	63.94%
Sharpe Ratio	0.80	0.85
5Y Beta	2.59	0.12
P/E Ratio	-6.99	N/A
Forward P/E	21.77	N/A
5Y Dividends CAGR	N/A	6.81%
Debt to Equity	-155.06%	N/A
P/S Ratio	2.91	N/A
P/B Ratio	3.19	N/A

Net Assets

Winner

DAPP

$500M

VCV

$497M

Expense Ratio

DAPP

0.52%

VCV

N/A

Max Drawdown

DAPP

92.63%

Winner

VCV

63.94%

Sharpe Ratio

DAPP

0.80

Winner

VCV

0.85

5Y Beta

DAPP

2.59

Winner

VCV

0.12

P/E Ratio

DAPP

-6.99

VCV

N/A

Forward P/E

DAPP

21.77

VCV

N/A

5Y Dividends CAGR

DAPP

N/A

VCV

6.81%

Debt to Equity

DAPP

-155.06%

VCV

N/A

P/S Ratio

DAPP

2.91

VCV

N/A

P/B Ratio

DAPP

3.19

VCV

N/A

DAPP vs VCV - Historical Returns

Returns include dividend reinvestment.

Period	DAPP	VCV
1 month	-2.95%	-0.12%
3 months	+30.77%	+0.07%
6 months	+13.21%	+1.27%
1 year	+42.24%	+12.25%
5 years(CAGR)	-0.37%	+0.39%
10 years(CAGR)	N/A	+2.46%
Max(CAGR)	-5.98%	+5.14%

DAPP

-2.95%

Winner

VCV

-0.12%

Winner

DAPP

+30.77%

VCV

+0.07%

Winner

DAPP

+13.21%

VCV

+1.27%

Winner

DAPP

+42.24%

VCV

+12.25%

5Y(CAGR)

DAPP

-0.37%

Winner

VCV

+0.39%

10Y(CAGR)

DAPP

N/A

VCV

+2.46%

Max(CAGR)

DAPP

-5.98%

Winner

VCV

+5.14%

DAPP vs VCV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DAPP	VCV
2026	+18.43%	-1.68%
2025	+9.54%	+7.58%
2024	+49.63%	+18.51%
2023	+279.34%	+6.44%
2022	-85.71%	-28.13%
2021	-38.38%	+10.23%
2020	N/A	+7.95%
2019	N/A	+16.48%
2018	N/A	-5.26%
2017	N/A	+8.65%
2016	N/A	-3.54%
2015	N/A	+8.92%
2014	N/A	+20.40%
2013	N/A	-12.87%
2012	N/A	+12.78%
2011	N/A	+23.63%
2010	N/A	+1.94%
2009	N/A	+55.43%
2008	N/A	-45.40%
2007	N/A	+1.50%
2006	N/A	+11.44%
2005	N/A	+7.67%
2004	N/A	-6.37%
2003	N/A	+14.77%
2002	N/A	+10.83%
2001	N/A	+8.40%
2000	N/A	+10.38%
1999	N/A	-0.87%

DAPP vs VCV 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 VCV was -58.93%, occurring on Dec 15, 2008. Recovery took 829 trading sessions.

The current DAPP drawdown is -29.66%. The current VCV drawdown is -4.09%.

Rank	DAPP	VCV
#1	-91.87% Nov 9, 2021 - Dec 28, 2022	-58.93% May 11, 2007 - Aug 25, 2010
#2	-39.21% Apr 14, 2021 - Nov 8, 2021	-38.54% Nov 12, 2021 - Feb 27, 2026
#3	N/A	-31.73% Feb 21, 2020 - Dec 18, 2020
#4	N/A	-21.75% Aug 17, 2012 - Dec 2, 2014
#5	N/A	-18.38% Sep 8, 2010 - Oct 31, 2011
#6	N/A	-18.02% Jul 8, 2016 - Jun 20, 2019
#7	N/A	-17.84% Mar 17, 2004 - Jul 29, 2005
#8	N/A	-10.15% Mar 2, 2012 - May 4, 2012
#9	N/A	-8.93% Nov 8, 1999 - Apr 6, 2000
#10	N/A	-8.45% Sep 3, 2019 - Feb 6, 2020
#11	N/A	-8.29% Feb 27, 2026 - Apr 6, 2026
#12	N/A	-8.25% Feb 2, 2015 - Oct 30, 2015
#13	N/A	-8.00% Apr 11, 2000 - Jun 20, 2000
#14	N/A	-7.94% Sep 15, 2021 - Nov 8, 2021
#15	N/A	-7.93% Feb 15, 2001 - Jul 24, 2001

Correlation

Correlation between DAPP and VCV is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2000 - 2026)

DAPP vs VCV dividend yield comparison.

Year	DAPP	VCV
2026	0.00%	3.03%
2025	0.00%	6.96%
2024	4.04%	5.76%
2023	0.00%	4.16%
2022	0.00%	5.46%
2021	10.13%	4.09%
2020	0.00%	4.07%
2019	0.00%	4.43%
2018	0.00%	5.46%
2017	0.00%	5.10%
2016	0.00%	5.86%
2015	0.00%	5.98%
2014	0.00%	6.16%
2013	0.00%	6.95%
2012	0.00%	6.42%
2011	0.00%	7.09%
2010	0.00%	8.09%
2009	0.00%	7.46%
2008	0.00%	11.06%
2007	0.00%	5.32%
2006	0.00%	5.55%
2005	0.00%	7.45%
2004	0.00%	7.40%
2003	0.00%	8.70%
2002	0.00%	6.74%
2001	0.00%	5.92%
2000	0.00%	2.37%