DADS vs. IBHM

Last updated Jun 23, 2026

DADS (Digital Asset Debt Strategy ETF) and IBHM (iShares iBonds 2033 Term High Yield and Income ETF) are both High Yield Bonds funds. DADS is actively managed, while IBHM is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. DADS charges 1.04%/yr vs 0.35%/yr for IBHM.

Performance

DADS vs. IBHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Digital Asset Debt Strategy ETF (DADS) and iShares iBonds 2033 Term High Yield and Income ETF (IBHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DADS

• 1D: -0.07%
• 1M: 1.58%
• YTD: 14.99%
• 6M: 12.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHM

• 1D: -0.12%
• 1M: 1.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DADS vs. IBHM - Yearly Performance Comparison

	2026 (YTD)
DADS Digital Asset Debt Strategy ETF	12.73%
IBHM iShares iBonds 2033 Term High Yield and Income ETF	2.62%

Correlation

The correlation between DADS and IBHM is 0.70, 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 Mar 26, 2026	0.70

Return for Risk

DADS vs. IBHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Digital Asset Debt Strategy ETF (DADS) and iShares iBonds 2033 Term High Yield and Income ETF (IBHM). 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

DADS vs. IBHM - Drawdown Comparison

The maximum DADS drawdown since its inception was -17.07%, which is greater than IBHM's maximum drawdown of -1.67%. Use the drawdown chart below to compare losses from any high point for DADS and IBHM.

Drawdown Indicators

	DADS	IBHM	Difference
Max Drawdown Largest peak-to-trough decline	-17.07%	-1.67%	-15.40%
Current Drawdown Current decline from peak	-2.25%	-0.18%	-2.07%
Average Drawdown Average peak-to-trough decline	-7.37%	-0.44%	-6.93%

Volatility

Volatility by Period

	DADS	IBHM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	5.38%	+12.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.72%	5.38%	+12.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.72%	5.38%	+12.34%

DADS vs. IBHM - Expense Ratio Comparison

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

Dividends

DADS vs. IBHM - Dividend Comparison

DADS's dividend yield for the trailing twelve months is around 2.75%, more than IBHM's 1.08% yield.

Position	TTM	2025
DADS Digital Asset Debt Strategy ETF	2.75%	1.83%
IBHM iShares iBonds 2033 Term High Yield and Income ETF	1.08%	0.00%

Frequently Asked Questions

Can I hold both DADS and IBHM in my portfolio?

DADS and IBHM have a correlation of 0.70, 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 IBHM?

On fees, IBHM 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 IBHM?

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

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

DADS has the higher dividend yield at 2.75%, compared with 1.08% for IBHM.

What is the main difference between DADS and IBHM?

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