IHY vs. DADS
IHY (VanEck Vectors International High Yield Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. IHY is passively managed, while DADS is actively managed. At a 0.46 correlation, their price movements are largely independent. IHY charges 0.40%/yr vs 1.04%/yr for DADS.
Performance
IHY vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, IHY achieves a 0.65% return, which is significantly lower than DADS's 14.24% return.
IHY
- 1D
- -0.18%
- 1M
- 0.01%
- YTD
- 0.65%
- 6M
- 0.37%
- 1Y
- 4.89%
- 3Y*
- 8.50%
- 5Y*
- 1.72%
- 10Y*
- 4.19%
DADS
- 1D
- -0.65%
- 1M
- 0.92%
- YTD
- 14.24%
- 6M
- 12.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IHY vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IHY VanEck Vectors International High Yield Bond ETF | 0.65% | 2.82% |
DADS Digital Asset Debt Strategy ETF | 14.24% | -3.21% |
Correlation
The correlation between IHY and DADS is 0.46, 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 | 0.46 |
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Return for Risk
IHY vs. DADS — Risk / Return Rank
IHY
DADS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IHY vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors International High Yield Bond ETF (IHY) 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.
| IHY | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | — | — |
| Martin ratioReturn relative to average drawdown | 3.67 | — | — |
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Drawdowns
IHY vs. DADS - Drawdown Comparison
The maximum IHY drawdown since its inception was -27.63%, which is greater than DADS's maximum drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for IHY and DADS.
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Drawdown Indicators
| IHY | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.63% | -17.07% | -10.56% |
Max Drawdown (1Y)Largest decline over 1 year | -4.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.75% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.63% | — | — |
Current DrawdownCurrent decline from peak | -1.41% | -2.88% | +1.47% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -7.35% | +2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | — | — |
Volatility
IHY vs. DADS - Volatility Comparison
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Volatility by Period
| IHY | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.42% | 17.69% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.75% | 17.69% | -9.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.65% | 17.69% | -10.04% |
IHY vs. DADS - Expense Ratio Comparison
IHY has a 0.40% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
IHY vs. DADS - Dividend Comparison
IHY's dividend yield for the trailing twelve months is around 5.71%, more than DADS's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DADS Digital Asset Debt Strategy ETF | 2.77% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHY VanEck Vectors International High Yield Bond ETF | 5.71% | 5.31% | 5.60% | 5.26% | 4.97% | 4.55% | 4.65% | 4.86% | 4.70% | 4.36% | 5.11% | 5.79% |
Frequently Asked Questions
IHY and DADS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IHY is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IHY is cheaper with a 0.40% expense ratio, compared with 1.04% for DADS.
IHY has the higher dividend yield at 5.71%, compared with 2.77% for DADS.
They also come from different issuers: VanEck and Alphabit. Their fees differ too: 0.40% for IHY and 1.04% for DADS.
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