HYSA vs. DADS

Last updated Jun 5, 2026

HYSA (Bondbloxx USD High Yield Bond Sector Rotation ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. HYSA charges 0.55%/yr vs 1.04%/yr for DADS.

Performance

HYSA vs. DADS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) 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, HYSA achieves a 1.26% return, which is significantly lower than DADS's 14.38% return.

HYSA

• 1D: 0.19%
• 1M: 0.40%
• YTD: 1.26%
• 6M: 1.49%
• 1Y: 6.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DADS

• 1D: 0.00%
• 1M: 2.96%
• YTD: 14.38%
• 6M: 9.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYSA vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF	1.26%	3.20%
DADS Digital Asset Debt Strategy ETF	14.38%	-3.41%

Correlation

The correlation between HYSA and DADS is 0.42, 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	0.42

Return for Risk

HYSA vs. DADS — Risk / Return Rank

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

HYSA

HYSA Risk / Return Rank: 42
HYSA Sharpe Ratio Rank: 39
HYSA Sortino Ratio Rank: 41
HYSA Omega Ratio Rank: 38
HYSA Calmar Ratio Rank: 42
HYSA Martin Ratio Rank: 49

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.

HYSA vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) 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.

	HYSA	DADS	Difference
Sharpe ratio: Return per unit of total volatility	1.37	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.03	—	—
Martin ratio: Return relative to average drawdown	8.16	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HYSA	DADS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.73	+0.64

Drawdowns

HYSA vs. DADS - Drawdown Comparison

The maximum HYSA drawdown since its inception was -4.90%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for HYSA and DADS.

Drawdown Indicators

	HYSA	DADS	Difference
Max Drawdown Largest peak-to-trough decline	-4.90%	-17.07%	+12.17%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	—	—
Current Drawdown Current decline from peak	-0.27%	-2.77%	+2.50%
Average Drawdown Average peak-to-trough decline	-0.68%	-7.61%	+6.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	—	—

Volatility

Volatility by Period

	HYSA	DADS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	17.54%	-12.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	17.54%	-11.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.08%	17.54%	-11.46%

HYSA vs. DADS - Expense Ratio Comparison

HYSA has a 0.55% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

HYSA vs. DADS - Dividend Comparison

HYSA's dividend yield for the trailing twelve months is around 6.76%, 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%
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF	6.76%	6.70%	6.99%	2.65%

Frequently Asked Questions

Can I hold both HYSA and DADS in my portfolio?

HYSA and DADS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYSA or DADS?

On fees, HYSA is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYSA or DADS?

HYSA is cheaper with a 0.55% expense ratio, compared with 1.04% for DADS.

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

HYSA has the higher dividend yield at 6.76%, compared with 2.76% for DADS.

What is the main difference between HYSA and DADS?

They also come from different issuers: BondBloxx and Alphabit. Their fees differ too: 0.55% for HYSA and 1.04% for DADS.