Data as of .
BLCK vs DAPP: which is really different?
BLCK and DAPP hold 62% of their weight in the same names.
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, BLCK and DAPP hold 62% of their money in the same securities at the same weight.
| Holding | BLCK | DAPP |
|---|---|---|
| Coinbase Global Inc | 7.88% | 8.54% |
| Circle Internet Group Inc | 5.94% | 6.63% |
| BitMine Immersion Technologies Inc | 5.58% | 6.18% |
| HUT 8 CORP | 4.93% | 5.44% |
| Riot Platforms Inc | 4.74% | 5.17% |
| IREN Ltd | 4.44% | 6.42% |
| Figure Technology Solutions Inc | 4.21% | 4.02% |
| Cipher Digital Inc | 3.95% | 4.69% |
| MARA Holdings Inc | 3.80% | 4.80% |
| Cleanspark Inc | 3.41% | 4.71% |
| Galaxy Digital Inc | 3.27% | 4.24% |
| Terawulf Inc | 3.25% | 4.29% |
| Only in BLCK | Only in DAPP |
|---|---|
| Robinhood Markets Inc 4.96% | Strategy Inc 5.01% |
| CME Group Inc 4.74% | Metaplanet Inc 3.18% |
| Hive Digital Technologies Ltd 2.84% | Bc Technology Group Ltd 1.87% |
| PayPal Holdings Inc 2.62% | |
| GPGI Inc 2.48% | |
| Gemini Space Station Inc 2.32% | |
| Bit Digital Inc 2.18% | |
| Etoro Group Ltd 2.15% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BLCK | DAPP | BLCK | DAPP | BLCK | DAPP | |
| 3 months | −6.1% | −5.0% | −8.3 pts | −7.3 pts | −3.6 pts | −2.6 pts |
| 6 months | not published | +29.7% | not published | +11.7 pts | not published | +5.5 pts |
| 1 year | not published | −3.6% | not published | −20.2 pts | not published | −25.4 pts |
| 3 years | not published | +266.1% | not published | +187.7 pts | not published | +167.9 pts |
| Since launch | −9.7% | −27.9% | −14.0 pts | −127.1 pts | −13.5 pts | −149.0 pts |
| BLCK Corgi Crypto Infrastructure ETF Holds 34 stocks in blockchain and crypto equities, 23% 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 | Corgi | VanEck |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 23.3% | 18.6% |
| Active share vs the S&P 500 | 99.5% | 99.9% |
| In the Nasdaq-100 | 2.6% | 5.3% |
| Holdings | 34 | 20 |
| Top ten, share of the fund | 51.4% | 65.6% |
| Expense ratio | 0.35% | 0.52% |
| Fee for the differing part | 0.35% | 0.52% |
| Total return, 1 year | −9.7% (since launch on May 6, 2026) | −3.6% |
| vs the S&P 500 | −14.0 pts | −20.2 pts |
| vs the Nasdaq-100 | −13.5 pts | −25.4 pts |
| Below its high | −10.4% | −30.2% |
| Net assets | $512,649 | $480m |
BLCK in plain words
By weight, 23% of BLCK'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 51% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −9.7% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 14.0 pts. It sits 10.4% below its all-time high of May 14, 2026.
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 BLCK 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, BLCK or DAPP?
- BLCK has 23% of its weight in S&P 500 names and DAPP has 19%, so DAPP differs more from the index.
- Which is cheaper, BLCK or DAPP?
- BLCK charges 0.35% a year and DAPP charges 0.52%, so BLCK 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, BLCK against DAPP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/blck-vs-dapp Free to use with attribution; the underlying files are at Open data.