JPHY vs. DADS

Last updated Jun 4, 2026

JPHY (JPMorgan High Yield Research Enhanced ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. JPHY charges 0.24%/yr vs 1.04%/yr for DADS.

Performance

JPHY vs. DADS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan High Yield Research Enhanced ETF (JPHY) 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, JPHY achieves a 2.07% return, which is significantly lower than DADS's 14.37% return.

JPHY

• 1D: -0.09%
• 1M: 0.44%
• YTD: 2.07%
• 6M: 2.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DADS

• 1D: -0.89%
• 1M: 4.49%
• YTD: 14.37%
• 6M: 9.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPHY vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
JPHY JPMorgan High Yield Research Enhanced ETF	2.07%	3.06%
DADS Digital Asset Debt Strategy ETF	14.37%	-3.41%

Correlation

The correlation between JPHY and DADS is 0.50, 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	0.50

Return for Risk

JPHY vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) 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.

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

Sharpe Ratios by Period

	JPHY	DADS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	0.73	+1.44

Drawdowns

JPHY vs. DADS - Drawdown Comparison

The maximum JPHY drawdown since its inception was -1.65%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for JPHY and DADS.

Drawdown Indicators

	JPHY	DADS	Difference
Max Drawdown Largest peak-to-trough decline	-1.65%	-17.07%	+15.42%
Current Drawdown Current decline from peak	-0.09%	-2.77%	+2.68%
Average Drawdown Average peak-to-trough decline	-0.21%	-7.63%	+7.42%

Volatility

Volatility by Period

	JPHY	DADS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.04%	17.58%	-14.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.04%	17.58%	-14.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.04%	17.58%	-14.54%

JPHY vs. DADS - Expense Ratio Comparison

JPHY has a 0.24% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

JPHY vs. DADS - Dividend Comparison

JPHY's dividend yield for the trailing twelve months is around 5.92%, more than DADS's 2.76% yield.

Position	TTM	2025
DADS Digital Asset Debt Strategy ETF	2.76%	1.83%
JPHY JPMorgan High Yield Research Enhanced ETF	5.92%	3.32%

Frequently Asked Questions

Can I hold both JPHY and DADS in my portfolio?

JPHY and DADS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPHY or DADS?

On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPHY or DADS?

JPHY is cheaper with a 0.24% expense ratio, compared with 1.04% for DADS.

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

JPHY has the higher dividend yield at 5.92%, compared with 2.76% for DADS.

What is the main difference between JPHY and DADS?

They also come from different issuers: JPMorgan and Alphabit. Their fees differ too: 0.24% for JPHY and 1.04% for DADS.