GTOQ vs. DADS

Last updated Jul 12, 2026

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 0.53 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

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

Returns By Period

In the year-to-date period, GTOQ achieves a 1.97% return, which is significantly lower than DADS's 9.26% return.

GTOQ

• 1D: -0.04%
• 1M: 0.17%
• 6M: 1.53%
• YTD: 1.97%
• 1Y: 6.14%
• 3Y*: 8.67%
• 5Y*: 3.75%
• 10Y*: —

DADS

• 1D: -0.27%
• 1M: -3.85%
• 6M: 5.36%
• YTD: 9.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTOQ vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
GTOQ Invesco High Yield Systematic Bond ETF	1.97%	3.23%
DADS Digital Asset Debt Strategy ETF	9.26%	-3.21%

Correlation

The correlation between GTOQ and DADS is 0.53, 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	0.53

Return for Risk

GTOQ vs. DADS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GTOQ

GTOQ Risk / Return Rank: 61
GTOQ Sharpe Ratio Rank: 62
GTOQ Sortino Ratio Rank: 66
GTOQ Omega Ratio Rank: 65
GTOQ Calmar Ratio Rank: 50
GTOQ Martin Ratio Rank: 61

DADS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.43	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.00	—	—
Martin ratio: Return relative to average drawdown	8.64	—	—

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.

Drawdown Indicators

	GTOQ	DADS	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	-0.09%	-7.12%	+7.03%
Average Drawdown Average peak-to-trough decline	-3.25%	-7.30%	+4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	—	—

Volatility

Volatility by Period

	GTOQ	DADS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	17.63%	-14.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	17.63%	-11.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.49%	17.63%	-12.14%

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 6.82%, more than DADS's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021
DADS Digital Asset Debt Strategy ETF	4.71%	1.83%	0.00%	0.00%	0.00%	0.00%
GTOQ Invesco High Yield Systematic Bond ETF	6.82%	7.04%	7.20%	6.76%	6.17%	4.86%

Frequently Asked Questions

Can I hold both GTOQ and DADS in my portfolio?

GTOQ and DADS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTOQ or DADS?

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.

Which ETF is cheaper, GTOQ or DADS?

GTOQ is cheaper with a 0.39% expense ratio, compared with 1.04% for DADS.

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

GTOQ has the higher dividend yield at 6.82%, compared with 4.71% for DADS.

What is the main difference between GTOQ and DADS?

They also come from different issuers: Invesco and Alphabit. Their fees differ too: 0.39% for GTOQ and 1.04% for DADS.