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. At a 0.47 correlation, their price movements are largely independent. 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 0.27% return, which is significantly lower than DADS's 14.24% return.
GHYG
- 1D
- -0.29%
- 1M
- 0.17%
- YTD
- 0.27%
- 6M
- 0.33%
- 1Y
- 4.57%
- 3Y*
- 8.81%
- 5Y*
- 3.34%
- 10Y*
- 4.88%
DADS
- 1D
- -0.65%
- 1M
- 0.92%
- YTD
- 14.24%
- 6M
- 12.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GHYG vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GHYG iShares US & Intl High Yield Corp Bond ETF | 0.27% | 3.00% |
DADS Digital Asset Debt Strategy ETF | 14.24% | -3.21% |
Correlation
The correlation between GHYG and DADS is 0.47, 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 5, 2025 | 0.47 |
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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 | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | — | — |
| Martin ratioReturn relative to average drawdown | 4.39 | — | — |
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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 | -4.46% | — | — |
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 | -1.09% | -2.88% | +1.79% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -7.35% | +4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | — | — |
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 | 1.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.78% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.69% | 17.69% | -13.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.64% | 17.69% | -10.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.74% | 17.69% | -8.95% |
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 6.26%, more than DADS's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.77% | 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 | 6.26% | 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 0.47, 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 6.26%, compared with 2.77% 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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