ETF Evaluator:
Digital Asset Debt Strategy ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Digital Assets Over the Last Year
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| 10.8% | Proshares UltraShort Ether ETF (ETHD) |
Risk
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Risk
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ETF Details
Digital Asset Debt Strategy ETF Overview
Digital Asset Debt Strategy ETF (DADS) is an actively managed Miscellaneous Digital Assets exchange-traded fund (ETF). AlphaBit Investments, LLC launched the ETF in 2025.
The investment seeks long-term capital appreciation and, secondarily, income.
The fund is an actively managed exchange-traded fund (“ETF”). Under normal market conditions the fund invests at least 80% of its net assets in debt securities of issuers that are directly involved in digital asset-related activities. The digital asset-related activities that such issuers may be involved in include (i) mining of digital assets; (ii) holding digital assets in their corporate treasury or government treasury; and (iii) working on platforms to facilitate payment with, or the transfer of, digital assets.
About Digital Asset Debt Strategy ETF (DADS)
There are 6 members of the management team with an average tenure of 0.85 years: Dan Weiskopf (2025), Michael Venuto (2025), Charles Ragauss (2025), Stephen Foy (2026), Taylor J. Thompson (2025) and Bryan Dewhurst (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Digital Asset Debt Strategy ETF has 38 securities in its portfolio. The top 10 holdings constitute 41.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Digital Asset Debt Strategy ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Digital Asset Debt Strategy ETF has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 10.4% There is 0.5% allocated to foreign stock, and 18.6% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 30.0% (30.0% domestic bond, 0.0% foreign bond and 34.8% convertible bond). Digital Asset Debt Strategy ETF has 5.1% of the portfolio in cash.
Assets Under Management
The fund has $9 million in total assets, which is below the $564 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DADS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Digital Asset Debt Strategy ETF expense ratio is high compared to funds in the Digital Assets category. Digital Asset Debt Strategy ETF has an expense ratio of 1.04%, which is 7% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Digital Asset Debt Strategy ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 82% for the Digital Assets category.
Recently, in the month of July 2026, Digital Asset Debt Strategy ETF returned -3.9%, which earned it a grade of F, as the Digital Assets category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Digital Asset Debt Strategy ETF has a trailing yield of 0.00%, which is below the 15.12% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Digital Asset Debt Strategy ETF Grades
Year to date, the ETF has returned 6.2%, 36.9 percentage points better than the category, which translates into a grade of A.
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DADS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DADS Return (NAV) | -3.9% | -1.8% | na | na | na | na |
| DADS Return (Price) | -3.9% | -1.4% | na | na | na | na |
| NAV +/- Price Return | -0.006% | -0.397% | na | na | na | na |
| Digital Assets Avg | 2.9% | -16.7% | -32.2% | 6.2% | -17.1% | 54.9% |
| DADS Grade (NAV) | F | A | na | na | na | na |
| +/- Category (NAV) | -6.8% | 14.9% | na | na | na | na |
| DADS Tax-Cost Ratio | na | na | na | na | na | na |
DADS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DADS Return (NAV) | 6.2% | na | na | na | na | na | na | na | na | na | na |
| DADS Return (Price) | 6.3% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.022% | na | na | na | na | na | na | na | na | na | na |
| Digital Assets Avg | -30.7% | -9.9% | 65.8% | 127.8% | -72.3% | 199.4% | 175.1% | 11.8% | -81.4% | 1391.4% | 119.9% |
| DADS Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 36.9% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 10 Mil |
| Share Class Assets: | $ 10 Mil |
| Turnover: | na |
| Expense Ratio: | 1.04% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 6 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Weiskopf Dan (2025), Venuto Michael (2025), Ragauss Charles (2025), Thompson Taylor J. (2025), Dewhurst Bryan (2025), Foy Stephen (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 38 |
| % in Top 10 Holdings: | 41.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.5% |
Portfolio Allocation |
|
| Domestic Stock: | 10.4% |
| Foreign Stock: | 0.5% |
| Preferred Stock: | 18.6% |
| Domestic Bond: | 30.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 34.8% |
| Other: | 0.5% |
| Cash: | 5.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AlphaBit Investments, LLC |
| Phone Number: | 866-379-6199 |
| Website: | |
| Inception Date: | August 4, 2025 |
Expenses and Fees
| Expense Ratio (%): | 1.04% (Rating: High) |
| Category Average Expense Ratio (%): | 0.97% |
