QHY vs. DADS

Last updated Jun 4, 2026

QHY (WisdomTree U.S. Short-Term Corporate Bond Fund) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. QHY is passively managed, while DADS is actively managed. At a 0.49 correlation, their price movements are largely independent. QHY charges 0.38%/yr vs 1.04%/yr for DADS.

Performance

QHY vs. DADS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) 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, QHY achieves a 1.46% return, which is significantly lower than DADS's 14.37% return.

QHY

• 1D: -0.09%
• 1M: 0.55%
• YTD: 1.46%
• 6M: 1.70%
• 1Y: 7.29%
• 3Y*: 8.10%
• 5Y*: 3.21%
• 10Y*: 4.96%

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)

QHY vs. DADS - Yearly Performance Comparison

	2026 (YTD)	2025
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	1.46%	3.43%
DADS Digital Asset Debt Strategy ETF	14.37%	-3.41%

Correlation

The correlation between QHY and DADS is 0.49, 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	0.49

Return for Risk

QHY vs. DADS — Risk / Return Rank

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

QHY

QHY Risk / Return Rank: 63
QHY Sharpe Ratio Rank: 60
QHY Sortino Ratio Rank: 67
QHY Omega Ratio Rank: 66
QHY Calmar Ratio Rank: 54
QHY Martin Ratio Rank: 67

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.

QHY vs. DADS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) 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.

	QHY	DADS	Difference
Sharpe ratio: Return per unit of total volatility	2.01	—	—
Sortino ratio: Return per unit of downside risk	3.05	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	12.02	—	—
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

	QHY	DADS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.73	-0.12

Drawdowns

QHY vs. DADS - Drawdown Comparison

The maximum QHY drawdown since its inception was -22.74%, which is greater than DADS's maximum drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for QHY and DADS.

Drawdown Indicators

	QHY	DADS	Difference
Max Drawdown Largest peak-to-trough decline	-22.74%	-17.07%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.74%	—	—
Current Drawdown Current decline from peak	-0.09%	-2.77%	+2.68%
Average Drawdown Average peak-to-trough decline	-2.75%	-7.63%	+4.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	—	—

Volatility

Volatility by Period

	QHY	DADS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	17.58%	-13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.57%	17.58%	-10.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.20%	17.58%	-9.38%

QHY vs. DADS - Expense Ratio Comparison

QHY has a 0.38% expense ratio, which is lower than DADS's 1.04% expense ratio.

Dividends

QHY vs. DADS - Dividend Comparison

QHY's dividend yield for the trailing twelve months is around 6.26%, more than DADS's 2.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DADS Digital Asset Debt Strategy ETF	2.76%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	6.26%	6.26%	6.40%	6.11%	5.44%	4.09%	4.80%	5.21%	5.93%	6.47%	4.39%

Frequently Asked Questions

Can I hold both QHY and DADS in my portfolio?

QHY and DADS have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QHY or DADS?

On fees, QHY is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QHY or DADS?

QHY is cheaper with a 0.38% expense ratio, compared with 1.04% for DADS.

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

QHY has the higher dividend yield at 6.26%, compared with 2.76% for DADS.

What is the main difference between QHY and DADS?

They also come from different issuers: WisdomTree and Alphabit. Their fees differ too: 0.38% for QHY and 1.04% for DADS.