ARKD vs. DAPP ETF Comparison

Comparison of ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD) to VanEck Vectors Digital Transformation ETF (DAPP)

ARKD

ARK 21Shares Blockchain and Digital Economy Innovation ETF

ARKD Description

The fund is an actively managed exchange-traded fund. Under normal conditions, the fund seeks to invest 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the blockchain and in securities issued by companies principally engaged in the blockchain industry and/or digital economy (the "80% Policy"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.35

Average Daily Volume

3,045

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DAPP

VanEck Vectors Digital Transformation ETF

DAPP Description

DAPP seeks to track, as closely as possible, the price and yield performance of the MVIS Global Digital Assets Equity Index ("The Index"), a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets. As the Index is designed to be a pure-play overview of the relevant players in the space, to be eligible for inclusion, a company must (i) generate at least 50% of its revenues from digital assets projects; (ii) generate at least 50% of its revenues from projects that, when developed, have the potential to generate at least 50% of their revenues from digital assets or digital asset projects; and/or (iii) have at least 50% of its assets invested in direct digital asset holdings or digital asset projects. The Index provides significant exposure to key companies in mining, hardware, exchanges, holding and trading, payment gateways, patents and services, and banking. The Fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The Index rebalances quarterly.

Grade (RS Rating)

Last Trade

$18.47

Average Daily Volume

343,780

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKD	DAPP
30 Days	35.68%	38.46%
60 Days	41.31%	63.45%
90 Days	38.39%	55.34%
12 Months	117.80%	197.23%

2 Overlapping Holdings

	Symbol	Grade	Weight in ARKD	Weight in DAPP	Overlap
	COIN	C	17.69%	8.82%	8.82%
	SQ	B	11.68%	6.54%	6.54%

ARKD Overweight 5 Positions Relative to DAPP

Symbol	Grade	Weight
SHOP	B	8.2%
HOOD	B	4.9%
PYPL	B	3.52%
MELI	D	2.86%
NU	C	2.47%

ARKD Underweight 10 Positions Relative to DAPP

Symbol	Grade	Weight
MSTR	C	-11.03%
CIFR	B	-5.79%
MARA	C	-5.32%
RIOT	C	-5.2%
CLSK	C	-5.14%
BTBT	C	-4.52%
APLD	A	-4.47%
WULF	C	-4.39%
IREN	C	-3.84%
CAN	C	-3.14%

ARKD: Top Represented Industries & Keywords

Industries: Software - Application Banks - Diversified Credit Services Software - Infrastructure Specialty Retail