GTOQ vs. DADS
GTOQ (Invesco High Yield Systematic Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. GTOQ charges 0.39%/yr vs 1.04%/yr for DADS.
Performance
GTOQ vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, GTOQ achieves a 1.79% return, which is significantly lower than DADS's 14.99% return.
GTOQ
- 1D
- -0.19%
- 1M
- 0.51%
- YTD
- 1.79%
- 6M
- 2.02%
- 1Y
- 6.53%
- 3Y*
- 9.00%
- 5Y*
- 3.89%
- 10Y*
- —
DADS
- 1D
- -0.07%
- 1M
- 1.58%
- YTD
- 14.99%
- 6M
- 12.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GTOQ vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GTOQ Invesco High Yield Systematic Bond ETF | 1.79% | 3.23% |
DADS Digital Asset Debt Strategy ETF | 14.99% | -3.21% |
Correlation
The correlation between GTOQ and DADS is 0.55, 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 Aug 5, 2025 | 0.55 |
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Return for Risk
GTOQ vs. DADS — Risk / Return Rank
GTOQ
DADS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GTOQ vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Systematic Bond ETF (GTOQ) 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.
| GTOQ | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | — | — |
| Martin ratioReturn relative to average drawdown | 9.50 | — | — |
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Drawdowns
GTOQ vs. DADS - Drawdown Comparison
The maximum GTOQ drawdown since its inception was -15.96%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for GTOQ and DADS.
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Drawdown Indicators
| GTOQ | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.96% | -17.07% | +1.11% |
Max Drawdown (1Y)Largest decline over 1 year | -2.95% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.96% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -2.25% | +2.02% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -7.37% | +4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | — | — |
Volatility
GTOQ vs. DADS - Volatility Comparison
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Volatility by Period
| GTOQ | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 17.72% | -14.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.72% | 17.72% | -12.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.51% | 17.72% | -12.21% |
GTOQ vs. DADS - Expense Ratio Comparison
GTOQ has a 0.39% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
GTOQ vs. DADS - Dividend Comparison
GTOQ's dividend yield for the trailing twelve months is around 7.40%, more than DADS's 2.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.75% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% |
GTOQ Invesco High Yield Systematic Bond ETF | 7.40% | 7.04% | 7.20% | 6.76% | 6.17% | 4.86% |
Frequently Asked Questions
GTOQ and DADS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GTOQ is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GTOQ is cheaper with a 0.39% expense ratio, compared with 1.04% for DADS.
GTOQ has the higher dividend yield at 7.40%, compared with 2.75% for DADS.
They also come from different issuers: Invesco and Alphabit. Their fees differ too: 0.39% for GTOQ and 1.04% for DADS.
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