SJNK vs. DADS
SJNK (SPDR Bloomberg Barclays Short Term High Yield Bond ETF) and DADS (Digital Asset Debt Strategy ETF) are both High Yield Bonds funds. SJNK is passively managed, while DADS is actively managed. A 0.53 correlation means they provide meaningful diversification when combined. SJNK charges 0.40%/yr vs 1.04%/yr for DADS.
Performance
SJNK vs. DADS - Performance Comparison
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Returns By Period
In the year-to-date period, SJNK achieves a 1.41% return, which is significantly lower than DADS's 14.37% return.
SJNK
- 1D
- -0.12%
- 1M
- 0.37%
- YTD
- 1.41%
- 6M
- 1.87%
- 1Y
- 6.45%
- 3Y*
- 8.21%
- 5Y*
- 4.84%
- 10Y*
- 5.51%
DADS
- 1D
- -0.89%
- 1M
- 4.49%
- YTD
- 14.37%
- 6M
- 9.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SJNK vs. DADS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 1.41% | 2.83% |
DADS Digital Asset Debt Strategy ETF | 14.37% | -3.41% |
Correlation
The correlation between SJNK 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
SJNK vs. DADS — Risk / Return Rank
SJNK
DADS
SJNK vs. DADS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) 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.
| SJNK | DADS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | — | — |
| Martin ratioReturn relative to average drawdown | 16.21 | — | — |
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
| SJNK | DADS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.73 | +0.06 |
Drawdowns
SJNK vs. DADS - Drawdown Comparison
The maximum SJNK drawdown since its inception was -19.74%, which is greater than DADS's maximum drawdown of -17.07%. Use the drawdown chart below to compare losses from any high point for SJNK and DADS.
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Drawdown Indicators
| SJNK | DADS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.74% | -17.07% | -2.67% |
Max Drawdown (1Y)Largest decline over 1 year | -1.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -10.18% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -19.74% | — | — |
Current DrawdownCurrent decline from peak | -0.19% | -2.77% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -1.63% | -7.63% | +6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | — | — |
Volatility
SJNK vs. DADS - Volatility Comparison
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Volatility by Period
| SJNK | DADS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.20% | 17.58% | -14.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.83% | 17.58% | -11.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.49% | 17.58% | -11.09% |
SJNK vs. DADS - Expense Ratio Comparison
SJNK has a 0.40% expense ratio, which is lower than DADS's 1.04% expense ratio.
Dividends
SJNK vs. DADS - Dividend Comparison
SJNK's dividend yield for the trailing twelve months is around 7.02%, more than DADS's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 7.02% | 7.12% | 7.47% | 7.20% | 5.85% | 4.21% | 5.34% | 5.64% | 5.69% | 5.64% | 5.65% | 5.81% |
Frequently Asked Questions
SJNK 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, SJNK is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SJNK is cheaper with a 0.40% expense ratio, compared with 1.04% for DADS.
SJNK has the higher dividend yield at 7.02%, compared with 2.76% for DADS.
They also come from different issuers: State Street and Alphabit. Their fees differ too: 0.40% for SJNK and 1.04% for DADS.
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