Data as of Nov 4, 2026.

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Thematic ETFs

BITQ vs DAPP: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, BITQ returned −27.8% to DAPP's −37.0%; 64% of their weight is in the same names.

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Net assets: $353m on Nov 4, 2026 for Bitwise Crypto Industry Innovators ETF, and $220m on Nov 3, 2026 for VanEck Digital Transformation ETF.

At a glance
18.7%
BITQ in the S&P 500
20.7%
DAPP in the S&P 500
−27.8%
BITQ total return, 1 year
−37.0%
DAPP total return, 1 year
BITQ · 1 year to Nov 4, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.19%81%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 63% of the fund · 30 holdings as filed for Sep 30, 2025 · Nasdaq-100: 11% in81% of its weight is outside the S&P 50019% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.19%81%inoutside the S&P 500active share 98% · Nasdaq-100: 11% in

19% of BITQ's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Sep 30, 2025.

DAPP · 1 year to Nov 4, 2026 79% of its weight is outside the S&P 500
79% of its weight is outside the S&P 50021% of DAPP's weight is in S&P 500 companies and 79% is outside the index. Holdings as of Nov 2, 2026.21%79%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 65% of the fund · 20 holdings as published by its issuer for Nov 2, 2026 · Nasdaq-100: 7% in79% of its weight is outside the S&P 50021% of DAPP's weight is in S&P 500 companies and 79% is outside the index. Holdings as of Nov 2, 2026.21%79%inoutside the S&P 500active share 100% · Nasdaq-100: 7% in

21% of DAPP's weight is in S&P 500 companies and 79% is outside the index. Holdings as of Nov 2, 2026.

Pair scorecard

DAPP costs 0.33 points a year less; their one-year returns differ by 9.2 points; BITQ is 1.6 times larger.

Points (pts) are percentage points.

BITQ vs DAPP: Holdings Overlap & Returns
MeasureBITQDAPP
Return
Total return, 1 year−27.8%−37.0%
Drawdown
Below its all-time high38.7%, high on Nov 9, 202151.8%, high on Nov 9, 2021
Against its benchmark
What it tracksBlockchain and crypto equitiesBlockchain and crypto equities
Against the S&P 500, 1 yearbehind by 42.6 pts
Its benchmark, total return, 1 year+14.8%+15.0%
Against its benchmark, 1 yearbehind by 42.6 ptsbehind by 52.0 pts
Cost and size
Expense ratio0.85%0.52%
Net assets, as of Nov 3, 2026$356m$220m
Holdings
Holdings in common64%

Method

What they share

64%

By the books each fund has filed, BITQ and DAPP hold 64% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

64% in common

Positions both hold · largest shared weight first BITQ DAPP
COINBASE GLOBAL INC 10.00% 9.12%
STRATEGY INC 7.52% 6.29%
HUT 8 CORP 4.82% 5.00%
IREN LTD 8.77% 4.79%
TERAWULF INC 4.83% 4.50%
RIOT PLATFORMS INC 5.21% 4.35%
GALAXY DIGITAL INC 5.10% 4.12%
BITMINE IMMERSION TECHNOLOGIES INC 3.93% 6.96%
MARA HOLDINGS INC 5.18% 3.70%
CIRCLE INTERNET GROUP INC 3.66% 7.75%
CLEANSPARK INC 3.60% 3.78%
FIGURE TECHNOLOGY SOLUTIONS INC 4.40% 3.57%
Only in one fund ↓
Only in BITQ
KEEL INFRASTRUCTURE CORP 3.37%
ETORO GROUP LTD 2.05%
ROBINHOOD MARKETS INC 1.90%
SOCIETE GENERALE SA 1.70%
VISA INC 1.66%
MERCADOLIBRE INC 1.65%
MASTERCARD INC 1.64%
DBS GROUP HOLDINGS LTD 1.60%
Only in DAPP
Block Inc 10.47%
Core Scientific Inc 4.85%
Applied Digital Corp 4.04%
Bc Technology Group Ltd 2.58%
Check overlap with more funds →

Window by window

Window by window: BITQ vs DAPP: Holdings Overlap & Returns
Total returnvs its benchmark
WindowBITQDAPPBITQDAPP
3 months−13.9%−19.6%−13.8 pts vs VOO−18.3 pts vs ACWI
6 months−29.7%−34.9%−34.7 pts vs VOO−37.5 pts vs ACWI
1 year−27.8%−37.0%−42.6 pts vs VOO−52.0 pts vs ACWI
3 years+171.6%+141.6%+88.3 pts vs VOO+64.0 pts vs ACWI
Since launchNot the same days: BITQ May 2021 · DAPP Apr 2021−10.1%−50.1%−114.2 pts vs VOO−127.2 pts vs ACWI

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Side by side

BITQ Bitwise Crypto Industry Innovators ETF · Holds 30 stocks in blockchain and crypto equities, 19% of its weight in S&P 500 companies DAPP VanEck Digital Transformation ETF · Holds 20 stocks in blockchain and crypto equities, 21% of its weight in S&P 500 companies
Theme Blockchain and crypto equities Blockchain and crypto equities
In the S&P 500 18.7% 20.7%
Active share vs the S&P 500 97.8% 99.9%
In the Nasdaq-100 11.3% 6.5%
Holdings 30 20
Top ten, share of the fund 62.8% 64.9%
Expense ratio 0.85% 0.52%
Fee for the differing part 0.87% 0.52%
Total return, 1 year −27.8% −37.0%
vs its benchmark −42.6 pts vs VOO −52.0 pts vs ACWI
Below its high −38.7% −51.8%
Net assets, BITQ as of Nov 4, 2026 and DAPP as of Nov 3, 2026 $353m $220m

As of Nov 4, 2026. Source: ETFIQ.

64% of the two portfolios are the same securities at the same weight.

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About each fund
BITQ

By weight, 19% of BITQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 63% of the fund across 30 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −27.8% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 42.6 pts. It sits 38.7% below its all-time high of Nov 9, 2021.

DAPP

By weight, 21% of DAPP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 65% of the fund across 20 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −37.0% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 52.0 pts. It sits 51.8% below its all-time high of Nov 9, 2021.

Questions people ask

Do BITQ and DAPP hold the same stocks?
By their latest filings, 64% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BITQ or DAPP?
BITQ has 19% of its weight in S&P 500 names and DAPP has 21%, so DAPP differs more from the index.
Which is cheaper, BITQ or DAPP?
BITQ charges 0.85% a year and DAPP charges 0.52%, so DAPP is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, BITQ against DAPP, data as of Nov 4, 2026. https://etfiq.com/compare/themes/bitq-vs-dapp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.