CGHY vs. DADS

Last updated Jun 6, 2026

CGHY (Capital Group High Yield Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. A 0.55 correlation means they provide meaningful diversification when combined. CGHY charges 0.39%/yr vs 1.04%/yr for DADS.

Performance

CGHY vs. DADS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group High Yield Bond ETF (CGHY) and Digital Asset Debt Strategy ETF (DADS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGHY achieves a 1.65% return, which is significantly lower than DADS's 10.95% return.

CGHY

• 1D: -0.45%
• 1M: -0.11%
• YTD: 1.65%
• 6M: 2.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DADS

• 1D: -2.99%
• 1M: -2.77%
• YTD: 10.95%
• 6M: 6.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGHY vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
CGHY Capital Group High Yield Bond ETF	1.65%	3.17%
DADS Digital Asset Debt Strategy ETF	10.95%	-3.41%

Correlation

The correlation between CGHY and DADS is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025	0.55

Return for Risk

CGHY vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group High Yield Bond ETF (CGHY) and Digital Asset Debt Strategy ETF (DADS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CGHY	DADS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	0.49	+1.26

Drawdowns

CGHY vs. DADS - Drawdown Comparison

The maximum CGHY drawdown since its inception was -2.38%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for CGHY and DADS.

Drawdown Indicators

	CGHY	DADS	Difference
Max Drawdown Largest peak-to-trough decline	-2.38%	-17.07%	+14.69%
Current Drawdown Current decline from peak	-0.59%	-5.68%	+5.09%
Average Drawdown Average peak-to-trough decline	-0.31%	-7.60%	+7.29%

Volatility

Volatility by Period

	CGHY	DADS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.36%	17.81%	-14.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.36%	17.81%	-14.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.36%	17.81%	-14.45%

CGHY vs. DADS - Expense Ratio Comparison

CGHY has a 0.39% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

CGHY vs. DADS - Dividend Comparison

CGHY's dividend yield for the trailing twelve months is around 5.10%, more than DADS's 2.85% yield.

Position	TTM	2025
CGHY Capital Group High Yield Bond ETF	5.10%	3.09%
DADS Digital Asset Debt Strategy ETF	2.85%	1.83%

Frequently Asked Questions

Can I hold both CGHY and DADS in my portfolio?

CGHY and DADS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGHY or DADS?

On fees, CGHY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGHY or DADS?

CGHY is cheaper with a 0.39% expense ratio, compared with 1.04% for DADS.

Which ETF pays a higher dividend yield, CGHY or DADS?

CGHY has the higher dividend yield at 5.10%, compared with 2.85% for DADS.

What is the main difference between CGHY and DADS?

They also come from different issuers: Capital Group and Alphabit. Their fees differ too: 0.39% for CGHY and 1.04% for DADS.