I recently purchased both a Denafrips Ares II and a Schiit Bifrost 2.
I did NOT like the Ares at all, and I do love the Bifrost.
I also have a 10yr old Lynx Hilo, which sounds very nice, but very different from the Bifrost. Bifrost is more punchy & dynamic in the lows, sharper transients in the highs, but the Hilo sounds smoother through the mids, with a natural texture. Hilo also has A/D and had many routing functions... far more than just a DAC, it’s meant for studio use.