HYTR vs. DADS
HYTR (CP High Yield Trend ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. HYTR is passively managed, while DADS is actively managed. A 0.53 correlation means they provide meaningful diversification when combined. HYTR charges 0.97%/yr vs 1.04%/yr for DADS.
Performance
HYTR vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, HYTR achieves a 0.23% return, which is significantly lower than DADS's 14.37% return.
HYTR
- 1D
- -0.21%
- 1M
- 0.40%
- YTD
- 0.23%
- 6M
- 0.57%
- 1Y
- 5.31%
- 3Y*
- 6.40%
- 5Y*
- 2.06%
- 10Y*
- —
DADS
- 1D
- -0.89%
- 1M
- 4.49%
- YTD
- 14.37%
- 6M
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYTR vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HYTR CP High Yield Trend ETF | 0.23% | 2.88% |
DADS Digital Asset Debt Strategy ETF | 14.37% | -3.41% |
Correlation
The correlation between HYTR 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 6, 2025 | 0.53 |
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Return for Risk
HYTR vs. DADS — Risk / Return Rank
HYTR
DADS
HYTR vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CP High Yield Trend ETF (HYTR) 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.
| HYTR | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | — | — |
| Martin ratioReturn relative to average drawdown | 7.73 | — | — |
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
| HYTR | DADS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.73 | -0.44 |
Drawdowns
HYTR vs. DADS - Drawdown Comparison
The maximum HYTR drawdown since its inception was -13.25%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for HYTR and DADS.
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Drawdown Indicators
| HYTR | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.25% | -17.07% | +3.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.28% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.93% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.25% | — | — |
Current DrawdownCurrent decline from peak | -0.67% | -2.77% | +2.10% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -7.63% | +3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | — | — |
Volatility
HYTR vs. DADS - Volatility Comparison
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Volatility by Period
| HYTR | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 17.58% | -13.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 17.58% | -11.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.86% | 17.58% | -11.72% |
HYTR vs. DADS - Expense Ratio Comparison
HYTR has a 0.97% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
HYTR vs. DADS - Dividend Comparison
HYTR's dividend yield for the trailing twelve months is around 5.71%, more than DADS's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.76% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYTR CP High Yield Trend ETF | 5.71% | 5.78% | 5.55% | 5.43% | 1.24% | 3.70% | 3.05% |
Frequently Asked Questions
HYTR 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.
On fees, HYTR is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYTR is cheaper with a 0.97% expense ratio, compared with 1.04% for DADS.
HYTR has the higher dividend yield at 5.71%, compared with 2.76% for DADS.
They also come from different issuers: Counterpoint Mutual Funds LLC and Alphabit. Their fees differ too: 0.97% for HYTR and 1.04% for DADS.
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