MYHE vs. DADS

Last updated Jun 4, 2026

MYHE (State Street My2031 High Yield Corporate Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. MYHE is passively managed, while DADS is actively managed. A 0.68 correlation means they provide meaningful diversification when combined. MYHE charges 0.39%/yr vs 1.04%/yr for DADS.

Performance

MYHE vs. DADS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2031 High Yield Corporate Bond ETF (MYHE) and Digital Asset Debt Strategy ETF (DADS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYHE

• 1D: -0.14%
• 1M: 0.56%
• YTD: —
• 6M: —
• 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)

MYHE vs. DADS - Yearly Performance Comparison

	2026 (YTD)
MYHE State Street My2031 High Yield Corporate Bond ETF	1.16%
DADS Digital Asset Debt Strategy ETF	9.78%

Correlation

The correlation between MYHE and DADS is 0.68, 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 Feb 27, 2026	0.68

Return for Risk

MYHE vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2031 High Yield Corporate Bond ETF (MYHE) 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

	MYHE	DADS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.73	+0.08

Drawdowns

MYHE vs. DADS - Drawdown Comparison

The maximum MYHE drawdown since its inception was -2.28%, smaller than the maximum DADS drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for MYHE and DADS.

Drawdown Indicators

	MYHE	DADS	Difference
Max Drawdown Largest peak-to-trough decline	-2.28%	-17.07%	+14.79%
Current Drawdown Current decline from peak	-0.21%	-2.77%	+2.56%
Average Drawdown Average peak-to-trough decline	-0.59%	-7.63%	+7.04%

Volatility

Volatility by Period

	MYHE	DADS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.52%	17.58%	-12.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.52%	17.58%	-12.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.52%	17.58%	-12.06%

MYHE vs. DADS - Expense Ratio Comparison

MYHE has a 0.39% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

MYHE vs. DADS - Dividend Comparison

MYHE's dividend yield for the trailing twelve months is around 1.81%, less than DADS's 2.76% yield.

Position	TTM	2025
DADS Digital Asset Debt Strategy ETF	2.76%	1.83%
MYHE State Street My2031 High Yield Corporate Bond ETF	1.81%	0.00%

Frequently Asked Questions

Can I hold both MYHE and DADS in my portfolio?

MYHE and DADS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYHE or DADS?

On fees, MYHE is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYHE or DADS?

MYHE is cheaper with a 0.39% expense ratio, compared with 1.04% for DADS.

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

DADS has the higher dividend yield at 2.76%, compared with 1.81% for MYHE.

What is the main difference between MYHE and DADS?

They also come from different issuers: State Street and Alphabit. Their fees differ too: 0.39% for MYHE and 1.04% for DADS.