FLBL vs. DADS
FLBL (Franklin Liberty Senior Loan ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. FLBL charges 0.45%/yr vs 1.04%/yr for DADS.
Performance
FLBL vs. DADS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLBL achieves a 0.91% return, which is significantly lower than DADS's 14.37% return.
FLBL
- 1D
- 0.00%
- 1M
- 0.45%
- YTD
- 0.91%
- 6M
- 0.70%
- 1Y
- 2.39%
- 3Y*
- 7.36%
- 5Y*
- 5.21%
- 10Y*
- —
DADS
- 1D
- -0.89%
- 1M
- 4.49%
- YTD
- 14.37%
- 6M
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLBL vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 0.91% | 0.32% |
DADS Digital Asset Debt Strategy ETF | 14.37% | -3.41% |
Correlation
The correlation between FLBL and DADS 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLBL vs. DADS — Risk / Return Rank
FLBL
DADS
FLBL vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) 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.
| FLBL | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | — | — |
| Martin ratioReturn relative to average drawdown | 2.54 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FLBL | DADS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.73 | +0.07 |
Drawdowns
FLBL vs. DADS - Drawdown Comparison
The maximum FLBL drawdown since its inception was -19.52%, which is greater than DADS's maximum drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for FLBL and DADS.
Loading charts...
Drawdown Indicators
| FLBL | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.52% | -17.07% | -2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -6.80% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -2.77% | +2.68% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -7.63% | +6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | — | — |
Volatility
FLBL vs. DADS - Volatility Comparison
Loading charts...
Volatility by Period
| FLBL | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 17.58% | -14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 17.58% | -13.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.72% | 17.58% | -11.86% |
FLBL vs. DADS - Expense Ratio Comparison
FLBL has a 0.45% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
FLBL vs. DADS - Dividend Comparison
FLBL's dividend yield for the trailing twelve months is around 7.58%, more than DADS's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.76% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLBL Franklin Liberty Senior Loan ETF | 7.58% | 7.24% | 8.05% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.21% |
Frequently Asked Questions
FLBL and DADS 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, FLBL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLBL is cheaper with a 0.45% expense ratio, compared with 1.04% for DADS.
FLBL has the higher dividend yield at 7.58%, compared with 2.76% for DADS.
They also come from different issuers: Franklin Templeton and Alphabit. Their fees differ too: 0.45% for FLBL and 1.04% for DADS.
Find the right allocation for FLBL and DADS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer