DADS vs. IBHE

Last updated Jul 17, 2026

DADS (Digital Asset Debt Strategy ETF) and IBHE (iShares iBonds 2025 Term High Yield & Income ETF) are both High Yield Bonds funds. DADS is actively managed, while IBHE is passively managed. At a 0.04 correlation, their price movements are largely independent. DADS charges 1.04%/yr vs 0.35%/yr for IBHE.

Performance

DADS vs. IBHE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Digital Asset Debt Strategy ETF (DADS) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DADS

• 1D: -1.81%
• 1M: -6.89%
• 6M: 0.37%
• YTD: 7.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHE

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DADS vs. IBHE - Yearly Performance Comparison

	2026 (YTD)	2025
DADS Digital Asset Debt Strategy ETF	7.44%	-3.21%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	0.00%	1.52%

Correlation

The correlation between DADS and IBHE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.04

Return for Risk

DADS vs. IBHE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Digital Asset Debt Strategy ETF (DADS) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

Drawdown Indicators

	DADS	IBHE	Difference
Max Drawdown Largest peak-to-trough decline	-17.07%	—	—
Current Drawdown Current decline from peak	-8.67%	—	—
Average Drawdown Average peak-to-trough decline	-7.31%	—	—

Volatility

Volatility by Period

	DADS	IBHE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	—	—

DADS vs. IBHE - Expense Ratio Comparison

DADS has a 1.04% expense ratio, which is higher than IBHE's 0.35% expense ratio.

Dividends

DADS vs. IBHE - Dividend Comparison

DADS's dividend yield for the trailing twelve months is around 4.79%, while IBHE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DADS Digital Asset Debt Strategy ETF	4.79%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	1.87%	4.53%	6.92%	7.17%	5.77%	4.84%	5.74%	3.73%

Frequently Asked Questions

Can I hold both DADS and IBHE in my portfolio?

DADS and IBHE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DADS or IBHE?

On fees, IBHE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DADS or IBHE?

IBHE is cheaper with a 0.35% expense ratio, compared with 1.04% for DADS.

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

DADS has the higher dividend yield at 4.79%, compared with 1.87% for IBHE.

What is the main difference between DADS and IBHE?

They also come from different issuers: Alphabit and iShares. Their fees differ too: 1.04% for DADS and 0.35% for IBHE.