Best Bang for your Buck DAC ?


I just realized I’m in the market for a DAC , I don’t want to spend a fortune on a DAC either . I picked up a drangonfly cobalt a while back and am unimpressed  so I moved it to my CPU and sounds really good on my system there which when I bought it figured I would do anyway since it was my first DAC purchase . There are so many DACs I have no clue , how high up on the returns chart can I go at say $1,000 before I run into heavy Diminished returns resistance. I’m open to buying used . I was thinking about a Schitt made in the states ? Anyone’s take on best bang for buck DACs? 
ngiordano
I have heard many of the Dac's mentioned above.  These are all nice sounding Dac's and some good recommendations.  I have had a dozen Dac's in my system and am just stunned with how the SMSL M500 sounds.  This little Dac is like $400 and has clearly outperformed some pricey Dac's in my system.  It does require a fair amount of burn in.  
Even though you may prefer another Dac from above, it is all personal.  I can promise that it won't be embarrassed by any of them. 
Denafrips Ares II. 

Under $1,000 CAD into the country. 

So sweet I bought a second.  

It really shines after a couple hundred hours of use. 
Emotiva DC-1 is a steal if you can find one. A great DAC plus headphone amp, balanced outputc digital inputs. Check it out. I’ve also been enjoying my Aune X8. I can swap opamps with ease, which has been enlightening. The Burson Vivid and Classic opamps are totally worth it. The Classic has really expanded the soundstage.