VanEck Crypto and Blockchain ETF Ranked Top Performer: Morningstar
VanEck Crypto and Blockchain Innovators UCITS ETF trading under the ticker “DAPP” is one of the top-performing ETFs in May, according to Morningstar Inc.
This ETF has seen pretty impressive returns during a volatile market environment. With an expense ratio of 0.65%, this ETF has demonstrated significant performance, attracting investor attention and confidence.
The VanEck Crypto and Blockchain Innovators ETF delivered a remarkable return of 12.26%, surpassing the average equity technology fund’s gain of 2.59%. This performance not only underscores the ETF’s robust portfolio but also its strategic focus on the burgeoning sectors of crypto and blockchain technology.
As a passively managed fund, DAPP’s success is indicative of the underlying strength and growth potential within the blockchain and crypto industry.
The ETF’s performance over the past 12 months further cements its standing in the market. The VanEck Crypto and Blockchain Innovators ETF has achieved an impressive return of 68.68%, significantly outperforming the average fund in its category, which recorded a 20.23% return.
This outstanding performance places the ETF in the second percentile, showcasing its ability to generate returns compared to its peers. the product is listed on Deutsche Börse AG, the London Stock Exchange, the SIX Swiss Exchange, and the Borsa Italiana.
Launched in April 2021, the VanEck Crypto and Blockchain Innovators ETF was designed to provide investors with exposure to companies driving innovation in the crypto and blockchain spaces.
The ETF portfolio includes a diversified mix of firms involved in cryptocurrency mining, blockchain technology development, and other related fields. Holdings include Terawulf 10.85%, Microstrategy 6.59%,
