Data as of .
BITQ vs DAPP: which is really different?
BITQ and DAPP hold 62% of their weight in the same names, and BITQ returned more over the year.
ETFIQ Off-Index Score: DAPP scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
62% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, BITQ and DAPP hold 62% of their money in the same securities at the same weight.
| Holding | BITQ | DAPP |
|---|---|---|
| COINBASE GLOBAL, INC. | 9.20% | 8.54% |
| STRATEGY INC | 8.72% | 5.01% |
| RIOT PLATFORMS, INC. | 4.83% | 5.17% |
| CLEANSPARK, INC. | 4.97% | 4.71% |
| MARA HOLDINGS, INC. | 4.62% | 4.80% |
| CORE SCIENTIFIC, INC. | 4.58% | 4.30% |
| CIPHER MINING INC. | 4.17% | 4.69% |
| TERAWULF INC. | 4.17% | 4.29% |
| HUT 8 CORP. | 4.10% | 5.44% |
| Circle Internet Group Inc | 3.94% | 6.63% |
| GALAXY DIGITAL INC. | 3.62% | 4.24% |
| Metaplanet Inc. | 2.93% | 3.18% |
| Only in BITQ | Only in DAPP |
|---|---|
| IREN LIMITED 12.61% | Block Inc 7.38% |
| APPLIED DIGITAL CORPORATION 5.30% | Iren Ltd 6.42% |
| ROBINHOOD MARKETS, INC. 1.61% | Bitmine Immersion Technologies Inc 6.18% |
| The Bank of New York Mellon Corporation 1.37% | Applied Digital Corp 4.48% |
| CME GROUP INC. 1.36% | Bc Technology Group Ltd 1.87% |
| BLACKROCK, INC. 1.36% | |
| Nu Holdings Ltd 1.36% | |
| MercadoLibre, Inc. 1.32% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 30, 2025.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BITQ | DAPP | BITQ | DAPP | BITQ | DAPP | |
| 3 months | −2.1% | −5.0% | −4.4 pts | −7.3 pts | +0.3 pts | −2.6 pts |
| 6 months | +33.8% | +29.7% | +15.8 pts | +11.7 pts | +9.6 pts | +5.5 pts |
| 1 year | +12.1% | −3.6% | −4.4 pts | −20.2 pts | −9.6 pts | −25.4 pts |
| 3 years | +290.8% | +266.1% | +212.4 pts | +187.7 pts | +192.7 pts | +167.9 pts |
| Since launch | +23.7% | −27.9% | −78.6 pts | −127.1 pts | −111.2 pts | −149.0 pts |
| 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, 19% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Bitwise | VanEck |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 18.8% | 18.6% |
| Active share vs the S&P 500 | 97.7% | 99.9% |
| In the Nasdaq-100 | 11.4% | 5.3% |
| Holdings | 30 | 20 |
| Top ten, share of the fund | 63.2% | 65.6% |
| Expense ratio | 0.85% | 0.52% |
| Fee for the differing part | 0.87% | 0.52% |
| Total return, 1 year | +12.1% | −3.6% |
| vs the S&P 500 | −4.4 pts | −20.2 pts |
| vs the Nasdaq-100 | −9.6 pts | −25.4 pts |
| Below its high | −15.7% | −30.2% |
| Net assets | $473m | $480m |
BITQ in plain words
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 Sep 30, 2025. Over the year to Sep 18, 2026 the fund returned +12.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 4.4 pts. It sits 15.7% below its all-time high of Nov 9, 2021.
DAPP in plain words
By weight, 19% 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 66% of the fund across 20 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −3.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 20.2 pts. It sits 30.2% below its all-time high of Nov 9, 2021.
Questions people ask
- Do BITQ and DAPP hold the same stocks?
- By their latest filings, 62% of their books are the same securities at the same weight, which is close to holding one of them twice. 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 19%, 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
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BITQ against DAPP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bitq-vs-dapp Free to use with attribution; the underlying files are at Open data.