DADS vs. VGHY

Last updated Jun 4, 2026

DADS (Digital Asset Debt Strategy ETF) and VGHY (Vanguard High-Yield Active ETF) are both High Yield Bonds funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. DADS charges 1.04%/yr vs 0.22%/yr for VGHY.

Performance

DADS vs. VGHY - Performance Comparison

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

Returns By Period

In the year-to-date period, DADS achieves a 14.37% return, which is significantly higher than VGHY's 1.44% return.

DADS

• 1D: -0.89%
• 1M: 4.49%
• YTD: 14.37%
• 6M: 9.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGHY

• 1D: 0.06%
• 1M: 0.32%
• YTD: 1.44%
• 6M: 2.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DADS vs. VGHY - Yearly Performance Comparison

	2026 (YTD)	2025
DADS Digital Asset Debt Strategy ETF	14.37%	-8.28%
VGHY Vanguard High-Yield Active ETF	1.44%	1.80%

Correlation

The correlation between DADS and VGHY is 0.46, 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 Sep 18, 2025	0.46

Return for Risk

DADS vs. VGHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Digital Asset Debt Strategy ETF (DADS) and Vanguard High-Yield Active ETF (VGHY). 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

	DADS	VGHY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	1.08	-0.35

Drawdowns

DADS vs. VGHY - Drawdown Comparison

The maximum DADS drawdown since its inception was -17.07%, which is greater than VGHY's maximum drawdown of -2.66%. Use the drawdown chart below to compare losses from any high point for DADS and VGHY.

Drawdown Indicators

	DADS	VGHY	Difference
Max Drawdown Largest peak-to-trough decline	-17.07%	-2.66%	-14.41%
Current Drawdown Current decline from peak	-2.77%	-0.24%	-2.53%
Average Drawdown Average peak-to-trough decline	-7.63%	-0.45%	-7.18%

Volatility

Volatility by Period

	DADS	VGHY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.58%	4.28%	+13.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.58%	4.28%	+13.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.58%	4.28%	+13.30%

DADS vs. VGHY - Expense Ratio Comparison

DADS has a 1.04% expense ratio, which is higher than VGHY's 0.22% expense ratio.

Dividends

DADS vs. VGHY - Dividend Comparison

DADS's dividend yield for the trailing twelve months is around 2.76%, less than VGHY's 3.98% yield.

Position	TTM	2025
DADS Digital Asset Debt Strategy ETF	2.76%	1.83%
VGHY Vanguard High-Yield Active ETF	3.98%	1.49%

Frequently Asked Questions

Can I hold both DADS and VGHY in my portfolio?

DADS and VGHY have a correlation of 0.46, 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 VGHY?

On fees, VGHY is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DADS or VGHY?

VGHY is cheaper with a 0.22% expense ratio, compared with 1.04% for DADS.

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

VGHY has the higher dividend yield at 3.98%, compared with 2.76% for DADS.

What is the main difference between DADS and VGHY?

They also come from different issuers: Alphabit and Vanguard. Their fees differ too: 1.04% for DADS and 0.22% for VGHY.