DADS vs. HYZD
DADS (Digital Asset Debt Strategy ETF) and HYZD (WisdomTree Interest Rate Hedged High Yield Bond Fund) are both High Yield Bonds funds. DADS is actively managed, while HYZD is passively managed. At a 0.35 correlation, their price movements are largely independent. DADS charges 1.04%/yr vs 0.43%/yr for HYZD.
Performance
DADS vs. HYZD - Performance Comparison
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Returns By Period
In the year-to-date period, DADS achieves a 14.37% return, which is significantly higher than HYZD's 2.51% return.
DADS
- 1D
- -0.89%
- 1M
- 4.49%
- YTD
- 14.37%
- 6M
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYZD
- 1D
- 0.09%
- 1M
- 0.69%
- YTD
- 2.51%
- 6M
- 3.22%
- 1Y
- 7.66%
- 3Y*
- 9.28%
- 5Y*
- 6.22%
- 10Y*
- 5.57%
DADS vs. HYZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DADS Digital Asset Debt Strategy ETF | 14.37% | -3.41% |
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 2.51% | 3.66% |
Correlation
The correlation between DADS and HYZD is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025 | 0.35 |
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Return for Risk
DADS vs. HYZD — Risk / Return Rank
DADS
HYZD
DADS vs. HYZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Digital Asset Debt Strategy ETF (DADS) and WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD). 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.
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Sharpe Ratios by Period
| DADS | HYZD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.44 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.93 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.51 | +0.23 |
Drawdowns
DADS vs. HYZD - Drawdown Comparison
The maximum DADS drawdown since its inception was -17.07%, smaller than the maximum HYZD drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for DADS and HYZD.
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Drawdown Indicators
| DADS | HYZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.07% | -25.66% | +8.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.91% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.66% | — |
Current DrawdownCurrent decline from peak | -2.77% | -0.02% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -7.63% | -2.20% | -5.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.45% | — |
Volatility
DADS vs. HYZD - Volatility Comparison
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Volatility by Period
| DADS | HYZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.96% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.35% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.58% | 3.15% | +14.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.58% | 6.70% | +10.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 8.57% | +9.01% |
DADS vs. HYZD - Expense Ratio Comparison
DADS has a 1.04% expense ratio, which is higher than HYZD's 0.43% expense ratio.
Dividends
DADS vs. HYZD - Dividend Comparison
DADS's dividend yield for the trailing twelve months is around 2.76%, less than HYZD's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.76% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 5.89% | 6.05% | 6.08% | 5.94% | 5.14% | 4.02% | 5.13% | 5.50% | 5.58% | 4.94% | 5.07% | 4.38% |
Frequently Asked Questions
DADS and HYZD have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYZD is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYZD is cheaper with a 0.43% expense ratio, compared with 1.04% for DADS.
HYZD has the higher dividend yield at 5.89%, compared with 2.76% for DADS.
They also come from different issuers: Alphabit and WisdomTree. Their fees differ too: 1.04% for DADS and 0.43% for HYZD.
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