DAPP vs. FDIG ETF Comparison

Comparison of VanEck Vectors Digital Transformation ETF (DAPP) to Fidelity Crypto Industry and Digital Payments ETF (FDIG)

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

$17.45

Average Daily Volume

340,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDIG

Fidelity Crypto Industry and Digital Payments ETF

FDIG Description

The fund ormally invests at least 80% of assets in equity securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies engaged in activities related to cryptocurrency, related blockchain technology, and digital payments processing. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.54

Average Daily Volume

63,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DAPP	FDIG
30 Days	25.04%	16.44%
60 Days	58.35%	39.15%
90 Days	46.76%	26.52%
12 Months	180.81%	101.41%

10 Overlapping Holdings

Symbol	Grade	Weight in DAPP	Weight in FDIG	Overlap
APLD	B	4.47%	2.96%	2.96%
BTBT	C	4.52%	2.84%	2.84%
CAN	C	3.14%	2.09%	2.09%
CIFR	C	5.79%	4.36%	4.36%
CLSK	C	5.14%	6.48%	5.14%
COIN	C	8.82%	15.14%	8.82%
IREN	C	3.84%	4.47%	3.84%
MARA	B	5.32%	7.34%	5.32%
RIOT	C	5.2%	6.24%	5.2%
WULF	C	4.39%	4.74%	4.39%

DAPP Overweight 2 Positions Relative to FDIG

	Symbol	Grade	Weight
	MSTR	B	11.03%
	SQ	A	6.54%

DAPP Underweight 12 Positions Relative to FDIG

Symbol	Grade	Weight
SHOP	B	-1.78%
FOUR	A	-1.53%
CPAY	A	-1.41%
PAYO	A	-1.4%
V	A	-1.32%
MA	B	-1.29%
FLYW	B	-1.26%
GPN	B	-1.25%
WEX	D	-1.12%
DLO	C	-1.1%
STNE	F	-0.97%
MQ	D	-0.77%