Data as of .
DAPP vs FDIG: which is really different?
DAPP and FDIG hold 46% 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
46% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DAPP and FDIG hold 46% of their money in the same securities at the same weight.
| Holding | DAPP | FDIG |
|---|---|---|
| Coinbase Global Inc | 8.54% | 4.64% |
| Iren Ltd | 6.42% | 4.45% |
| Applied Digital Corp | 4.48% | 3.69% |
| Terawulf Inc | 4.29% | 3.57% |
| Mara Holdings Inc | 4.80% | 3.43% |
| Block Inc | 7.38% | 3.38% |
| Circle Internet Group Inc | 6.63% | 3.22% |
| Hut 8 Corp | 5.44% | 3.21% |
| Riot Platforms Inc | 5.17% | 3.14% |
| Bitmine Immersion Technologies Inc | 6.18% | 2.77% |
| Cleanspark Inc | 4.71% | 2.53% |
| Core Scientific Inc | 4.30% | 2.53% |
| Only in DAPP | Only in FDIG |
|---|---|
| Strategy Inc 5.01% | CIPHER DIGITAL INC 3.47% |
| Cipher Mining Inc 4.69% | ROBINHOOD MARKETS INC 2.45% |
| Figure Technology Solutions Inc 4.02% | KEEL INFRASTRUCTURE CORP 2.22% |
| Bc Technology Group Ltd 1.87% | SHIFT4 PAYMENTS INC 1.96% |
| KLARNA GROUP PLC 1.88% | |
| TOAST INC 1.79% | |
| CHIME FINANCIAL INC 1.76% | |
| VISA INC 1.74% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DAPP | FDIG | DAPP | FDIG | DAPP | FDIG | |
| 3 months | −5.0% | −1.8% | −7.3 pts | −4.0 pts | −2.6 pts | +0.7 pts |
| 6 months | +29.7% | +31.2% | +11.7 pts | +13.2 pts | +5.5 pts | +7.0 pts |
| 1 year | −3.6% | −3.4% | −20.2 pts | −20.0 pts | −25.4 pts | −25.2 pts |
| 3 years | +266.1% | +175.6% | +187.7 pts | +97.2 pts | +167.9 pts | +77.5 pts |
| Since launch | −27.9% | +95.9% | −127.1 pts | +11.2 pts | −149.0 pts | −25.8 pts |
| DAPP VanEck Digital Transformation ETF Holds 20 stocks in blockchain and crypto equities, 19% of its weight in S&P 500 companies | FDIG Fidelity Crypto Industry and Digital Payments ETF Holds 58 stocks in blockchain and crypto equities, 20% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VanEck | Fidelity |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 18.6% | 20.2% |
| Active share vs the S&P 500 | 99.9% | 98.1% |
| In the Nasdaq-100 | 5.3% | 3.2% |
| Holdings | 20 | 58 |
| Top ten, share of the fund | 65.6% | 36.2% |
| Expense ratio | 0.52% | 0.39% |
| Fee for the differing part | 0.52% | 0.40% |
| Total return, 1 year | −3.6% | −3.4% |
| vs the S&P 500 | −20.2 pts | −20.0 pts |
| vs the Nasdaq-100 | −25.4 pts | −25.2 pts |
| Below its high | −30.2% | −21.6% |
| Net assets | $480m | $265m |
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.
FDIG in plain words
By weight, 20% of FDIG'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 36% of the fund across 58 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −3.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 20.0 pts. It sits 21.6% below its all-time high of Oct 15, 2025.
Questions people ask
- Do DAPP and FDIG hold the same stocks?
- By their latest filings, 46% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DAPP or FDIG?
- DAPP has 19% of its weight in S&P 500 names and FDIG has 20%, so DAPP differs more from the index.
- Which is cheaper, DAPP or FDIG?
- DAPP charges 0.52% a year and FDIG charges 0.39%, so FDIG 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, DAPP against FDIG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/dapp-vs-fdig Free to use with attribution; the underlying files are at Open data.