HYRM vs. DADS

Last updated Jul 12, 2026

HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. HYRM is passively managed, while DADS is actively managed. At a 0.45 correlation, their price movements are largely independent. HYRM charges 0.30%/yr vs 1.04%/yr for DADS.

Performance

HYRM vs. DADS - Performance Comparison

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

Returns By Period

HYRM

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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)

HYRM vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.50%	2.95%
DADS Digital Asset Debt Strategy ETF	9.26%	-3.21%

Correlation

The correlation between HYRM and DADS is 0.45, 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	0.45

Return for Risk

HYRM vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) 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.

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

Drawdowns

Drawdown Indicators

	HYRM	DADS	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.07%	—
Current Drawdown Current decline from peak	—	-7.12%	—
Average Drawdown Average peak-to-trough decline	—	-7.30%	—

Volatility

Volatility by Period

	HYRM	DADS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	17.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.63%	—

HYRM vs. DADS - Expense Ratio Comparison

HYRM has a 0.30% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

HYRM vs. DADS - Dividend Comparison

HYRM's dividend yield for the trailing twelve months is around 5.42%, more than DADS's 4.71% yield.

Position	TTM	2025	2024	2023	2022
DADS Digital Asset Debt Strategy ETF	4.71%	1.83%	0.00%	0.00%	0.00%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	5.42%	6.28%	6.08%	5.78%	4.69%

Frequently Asked Questions

Can I hold both HYRM and DADS in my portfolio?

HYRM and DADS have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYRM or DADS?

On fees, HYRM is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYRM or DADS?

HYRM is cheaper with a 0.30% expense ratio, compared with 1.04% for DADS.

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

HYRM has the higher dividend yield at 5.42%, compared with 4.71% for DADS.

What is the main difference between HYRM and DADS?

They also come from different issuers: Xtrackers and Alphabit. Their fees differ too: 0.30% for HYRM and 1.04% for DADS.