Data as of Nov 4, 2026.

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Thematic ETFs

DAPP vs IBLC: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, DAPP returned −37.0% to IBLC's −36.4%; 51% of their weight is in the same names.

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Net assets on Nov 3, 2026: $220m for VanEck Digital Transformation ETF and $66m for iShares Blockchain and Tech ETF.

At a glance
20.7%
DAPP in the S&P 500
35.8%
IBLC in the S&P 500
−37.0%
DAPP total return, 1 year
−36.4%
IBLC total return, 1 year
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.

IBLC · 1 year to Nov 4, 2026 64% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of IBLC's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Nov 3, 2026.36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 66% of the fund · 42 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 11% in64% of its weight is outside the S&P 50036% of IBLC's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Nov 3, 2026.36%64%inoutside the S&P 500active share 93% · Nasdaq-100: 11% in

36% of IBLC's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

IBLC costs 0.05 points a year less; their one-year returns differ by 0.6 points; DAPP is 3.3 times larger.

Points (pts) are percentage points.

DAPP vs IBLC: Holdings Overlap & Returns
MeasureDAPPIBLC
Return
Total return, 1 year−37.0%−36.4%
Drawdown
Below its all-time high51.8%, high on Nov 9, 202143.3%, high on Oct 15, 2025
Against its benchmark
What it tracksBlockchain and crypto equitiesBlockchain and crypto equities
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearbehind by 52.0 pts
Cost and size
Expense ratio0.52%0.47%
Net assets, as of Nov 3, 2026$220m$66m
Active share vs the S&P 500100%92%
Holdings
Holdings in common51%

Method

What they share

51%

By the books each fund has filed, DAPP and IBLC hold 51% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

51% in common

Positions both hold · largest shared weight first DAPP IBLC
Coinbase Global Inc 9.12% 12.49%
Circle Internet Group Inc 7.75% 11.53%
Hut 8 Corp 5.00% 5.69%
Iren Ltd 4.79% 6.68%
Riot Platforms Inc 4.35% 3.91%
Applied Digital Corp 4.04% 3.76%
Terawulf Inc 4.50% 3.51%
Core Scientific Inc 4.85% 3.50%
Galaxy Digital Inc 4.12% 2.56%
Cipher Mining Inc 2.96% 2.22%
Mara Holdings Inc 3.70% 2.17%
Cleanspark Inc 3.78% 1.61%
Only in one fund ↓
Only in DAPP
Block Inc 10.47%
Bitmine Immersion Technologies Inc 6.96%
Strategy Inc 6.29%
Metaplanet Inc 4.23%
Figure Technology Solutions Inc 3.57%
Bc Technology Group Ltd 2.58%
Only in IBLC
MASTERCARD CLASS A 5.91%
ADVANCED MICRO DEVICES 5.35%
INTERNATIONAL BUSINESS MACHINES CO 4.92%
NVIDIA 4.74%
TENCENT HOLDINGS 4.74%
IONIC DIGITAL INC CLASS A 2.20%
INFINEON TECHNOLOGIES AG 1.60%
PING AN INSURANCE (GROUP) OF CHINA 1.50%
Check overlap with more funds →

Window by window

Window by window: DAPP vs IBLC: Holdings Overlap & Returns
Total returnvs its benchmark
WindowDAPPIBLCDAPPIBLC
3 months−19.6%−19.3%−18.3 pts vs ACWInot measured
6 months−34.9%−33.6%−37.5 pts vs ACWInot measured
1 year−37.0%−36.4%−52.0 pts vs ACWInot measured
3 years+141.6%+117.6%+64.0 pts vs ACWInot measured
Since launchNot the same days: DAPP Apr 2021 · IBLC Apr 2022−50.1%+65.4%−127.2 pts vs ACWInot measured

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Side by side

DAPP VanEck Digital Transformation ETF · Holds 20 stocks in blockchain and crypto equities, 21% of its weight in S&P 500 companies IBLC iShares Blockchain and Tech ETF · Holds 42 stocks in blockchain and crypto equities, 36% of its weight in S&P 500 companies
Theme Blockchain and crypto equities Blockchain and crypto equities
In the S&P 500 20.7% 35.8%
Active share vs the S&P 500 99.9% 92.5%
In the Nasdaq-100 6.5% 11.1%
Holdings 20 42
Top ten, share of the fund 64.9% 66.0%
Expense ratio 0.52% 0.47%
Fee for the differing part 0.52% 0.51%
Total return, 1 year −37.0% −36.4%
vs its benchmark −52.0 pts vs ACWI not measured
Below its high −51.8% −43.3%
Net assets, as of Nov 3, 2026 $220m $66m

As of Nov 4, 2026. Source: ETFIQ.

51% of the two portfolios are the same securities at the same weight.

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About each fund
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.

IBLC

By weight, 36% of IBLC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 66% of the fund across 42 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −36.4% with distributions reinvested. It sits 43.3% below its all-time high of Oct 15, 2025.

Questions people ask

Do DAPP and IBLC hold the same stocks?
By their latest filings, 51% 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, DAPP or IBLC?
DAPP has 21% of its weight in S&P 500 names and IBLC has 36%, so DAPP differs more from the index.
Which is cheaper, DAPP or IBLC?
DAPP charges 0.52% a year and IBLC charges 0.47%, so IBLC is cheaper. Fees come from each fund's prospectus.
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ETFIQ, DAPP against IBLC, data as of Nov 4, 2026. https://etfiq.com/compare/themes/dapp-vs-iblc

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