These following are some measurements for Fiio BR15 R2R DAC, priced @200$.
These were captured using cheap E1/2 OTG with REW.
Fiio Published parameters:
RCA Out: 2.2 v THD + N: About 0.017% (1kHz/0dB@10KΩ)
XLR Out: 4.4 v, THD + N: About 0.015% (1kHz/0dB@10KΩ)
USB Input, XLR Out
Mode: Over...