GHYG vs. DADS
GHYG (iShares US & Intl High Yield Corp Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. GHYG is passively managed, while DADS is actively managed. Their 0.46 correlation means their historical movements had little consistent relationship. GHYG charges 0.40%/yr vs 1.04%/yr for DADS.
Performance
GHYG vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, GHYG achieves a 0.94% return, which is significantly lower than DADS's 6.35% return.
GHYG
- 1D
- 0.00%
- 1M
- 0.41%
- 6M
- 0.14%
- YTD
- 0.94%
- 1Y
- 4.30%
- 3Y*
- 8.24%
- 5Y*
- 3.34%
- 10Y*
- 4.63%
- ALL TIME*
- 4.55%
DADS
- 1D
- -0.66%
- 1M
- -2.32%
- 6M
- 1.41%
- YTD
- 6.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $84.25K | $151.20K | $87.13K | |
| $1.17M | $1.68M | $1.13M |
GHYG vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GHYG iShares US & Intl High Yield Corp Bond ETF | 0.94% | 3.00% |
DADS Digital Asset Debt Strategy ETF | 6.35% | -3.21% |
Correlation
The correlation between GHYG and DADS is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025 | 0.46 |
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Return for Risk
GHYG vs. DADS — Risk / Return Rank
GHYG
DADS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GHYG vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US & Intl High Yield Corp Bond ETF (GHYG) 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.
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.
| GHYG | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | — | — |
| Martin ratioReturn relative to average drawdown | 4.10 | — | — |
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Drawdowns
GHYG vs. DADS - Drawdown Comparison
The maximum GHYG drawdown since its inception was -27.36%, which is greater than DADS's maximum drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for GHYG and DADS.
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Drawdown Indicators
| GHYG | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.36% | -17.07% | -10.29% |
Max Drawdown (1Y)Largest decline over 1 year | -3.84% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.36% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -9.60% | +9.18% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -7.37% | +4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | — | — |
Volatility
GHYG vs. DADS - Volatility Comparison
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Volatility by Period
| GHYG | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 17.82% | -13.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.62% | 17.82% | -10.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.71% | 17.82% | -9.11% |
GHYG vs. DADS - Expense Ratio Comparison
GHYG has a 0.40% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
GHYG vs. DADS - Dividend Comparison
GHYG's dividend yield for the trailing twelve months is around 6.27%, more than DADS's 4.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 4.84% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GHYG iShares US & Intl High Yield Corp Bond ETF | 5.72% | 6.03% | 6.11% | 5.60% | 4.64% | 4.57% | 4.36% | 4.61% | 5.62% | 4.60% | 4.61% | 4.79% |
Frequently Asked Questions
GHYG and DADS 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.
On fees, GHYG is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GHYG is cheaper with a 0.40% expense ratio, compared with 1.04% for DADS.
GHYG has the higher dividend yield at 5.72%, compared with 4.84% for DADS.
They also come from different issuers: iShares and AlphaBit. Their fees differ too: 0.40% for GHYG and 1.04% for DADS.
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