HYFI vs. DADS
HYFI (AB High Yield ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. HYFI charges 0.40%/yr vs 1.04%/yr for DADS.
Performance
HYFI vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, HYFI achieves a 1.95% return, which is significantly lower than DADS's 14.37% return.
HYFI
- 1D
- -0.24%
- 1M
- 0.55%
- YTD
- 1.95%
- 6M
- 2.21%
- 1Y
- 7.81%
- 3Y*
- 9.12%
- 5Y*
- —
- 10Y*
- —
DADS
- 1D
- -0.89%
- 1M
- 4.49%
- YTD
- 14.37%
- 6M
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYFI vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HYFI AB High Yield ETF | 1.95% | 3.01% |
DADS Digital Asset Debt Strategy ETF | 14.37% | -3.41% |
Correlation
The correlation between HYFI and DADS is 0.43, 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 | 0.43 |
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Return for Risk
HYFI vs. DADS — Risk / Return Rank
HYFI
DADS
HYFI vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB High Yield ETF (HYFI) 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.
| HYFI | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | — | — |
| Martin ratioReturn relative to average drawdown | 14.18 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYFI | DADS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.70 | 0.73 | +0.97 |
Drawdowns
HYFI vs. DADS - Drawdown Comparison
The maximum HYFI drawdown since its inception was -6.34%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for HYFI and DADS.
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Drawdown Indicators
| HYFI | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.34% | -17.07% | +10.73% |
Max Drawdown (1Y)Largest decline over 1 year | -2.49% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.34% | — | — |
Current DrawdownCurrent decline from peak | -0.24% | -2.77% | +2.53% |
Average DrawdownAverage peak-to-trough decline | -0.51% | -7.63% | +7.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | — | — |
Volatility
HYFI vs. DADS - Volatility Comparison
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Volatility by Period
| HYFI | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 17.58% | -13.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.36% | 17.58% | -12.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.36% | 17.58% | -12.22% |
HYFI vs. DADS - Expense Ratio Comparison
HYFI has a 0.40% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
HYFI vs. DADS - Dividend Comparison
HYFI's dividend yield for the trailing twelve months is around 6.64%, more than DADS's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.76% | 1.83% | 0.00% | 0.00% |
HYFI AB High Yield ETF | 6.64% | 6.66% | 6.57% | 4.17% |
Frequently Asked Questions
HYFI and DADS have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYFI is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYFI is cheaper with a 0.40% expense ratio, compared with 1.04% for DADS.
HYFI has the higher dividend yield at 6.64%, compared with 2.76% for DADS.
They also come from different issuers: AllianceBernstein and Alphabit. Their fees differ too: 0.40% for HYFI and 1.04% for DADS.
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