diff --git a/drivers/iio/dac/ad5686.c b/drivers/iio/dac/ad5686.c
index 4b18498aa074..b85d5c5a864b 100644
--- a/drivers/iio/dac/ad5686.c
+++ b/drivers/iio/dac/ad5686.c
@@ -509,7 +509,7 @@ int ad5686_probe(struct device *dev,
 		break;
 	case AD5686_REGMAP:
 		cmd = AD5686_CMD_INTERNAL_REFER_SETUP;
-		ref_bit_msk = 0;
+		ref_bit_msk = AD5686_REF_BIT_MSK;
 		break;
 	case AD5693_REGMAP:
 		cmd = AD5686_CMD_CONTROL_REG;
@@ -520,9 +520,9 @@ int ad5686_probe(struct device *dev,
 		return -EINVAL;
 	}
 
-	val = (has_external_vref | ref_bit_msk);
+	val = has_external_vref ? ref_bit_msk : 0;
 
-	ret = st->write(st, cmd, 0, !!val);
+	ret = st->write(st, cmd, 0, val);
 	if (ret)
 		return ret;
 
diff --git a/drivers/iio/dac/ad5686.h b/drivers/iio/dac/ad5686.h
index e7d36bae3e59..36e16c5c4581 100644
--- a/drivers/iio/dac/ad5686.h
+++ b/drivers/iio/dac/ad5686.h
@@ -46,6 +46,7 @@
 
 #define AD5310_REF_BIT_MSK			BIT(8)
 #define AD5683_REF_BIT_MSK			BIT(12)
+#define AD5686_REF_BIT_MSK			BIT(0)
 #define AD5693_REF_BIT_MSK			BIT(12)
 
 /**