SATO vs. DAPP ETF Comparison
Comparison of Invesco Alerian Galaxy Crypto Economy ETF (SATO) to VanEck Vectors Digital Transformation ETF (DAPP)
SATO
Invesco Alerian Galaxy Crypto Economy ETF
SATO Description
Invesco Alerian Galaxy Crypto Economy ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in public equity markets of global region. It invests directly and through other funds in stocks of companies operating across digital asset companies, which are companies that are materially engaged in cyrptocurrency, cryptocurrency mining, cryptocurrency buying, or enabling technologies sectors. The fund was formed on October 7, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$22.90
Average Daily Volume
5,451
25
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
340,361
12
Performance
Period | SATO | DAPP |
---|---|---|
30 Days | 29.40% | 25.04% |
60 Days | 55.90% | 58.35% |
90 Days | 45.18% | 46.76% |
12 Months | 163.28% | 180.81% |
12 Overlapping Holdings
Symbol | Grade | Weight in SATO | Weight in DAPP | Overlap | |
---|---|---|---|---|---|
APLD | B | 2.29% | 4.47% | 2.29% | |
BTBT | C | 3.41% | 4.52% | 3.41% | |
CAN | C | 3.62% | 3.14% | 3.14% | |
CIFR | C | 4.03% | 5.79% | 4.03% | |
CLSK | C | 3.72% | 5.14% | 3.72% | |
COIN | C | 3.91% | 8.82% | 3.91% | |
IREN | C | 3.24% | 3.84% | 3.24% | |
MARA | B | 3.14% | 5.32% | 3.14% | |
MSTR | B | 4.11% | 11.03% | 4.11% | |
RIOT | C | 3.53% | 5.2% | 3.53% | |
SQ | A | 0.72% | 6.54% | 0.72% | |
WULF | C | 4.07% | 4.39% | 4.07% |
SATO Underweight 0 Positions Relative to DAPP
Symbol | Grade | Weight |
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SATO: Top Represented Industries & Keywords
DAPP: Top Represented Industries & Keywords