DBLLX Alternatives & Similar Mutual Funds

DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DBLLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DBLLX

DBLLX charges 0.59% annually. There are 7 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	DBLLX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	DBLLX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.35%	—	Dec 2017	DBLLX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	DBLLX vs SEDAX
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	0.50%	5.90B	Mar 2016	DBLLX vs VEMBX

Best Risk-Adjusted Alternatives to DBLLX

DBLLX has a PortfoliosLab risk / return rank of 96. There are 8 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
AGEYX	American Beacon Developing World Income Fund Class...	99	—	Feb 2014	DBLLX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	DBLLX vs AGEPX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Sep 2015	DBLLX vs EIDOX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Feb 2013	DBLLX vs EELDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	98	—	May 2006	DBLLX vs FEMDX

Top Performing DBLLX Alternatives (YTD)

DBLLX is at 0.95% YTD. There are 61 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 15.39%.

Symbol	Name	YTD Return	AUM	Inception
EDD	Morgan Stanley Emerging Markets Domestic Fund	15.39%	—	Apr 2007	DBLLX vs EDD
EDF	Virtus Stone Harbor Emerging Markets Income Fund	13.59%	—	Dec 2010	DBLLX vs EDF
FEMDX	Franklin Emerging Market Debt Opportunities Fund	8.80%	—	May 2006	DBLLX vs FEMDX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.57%	—	Feb 2013	DBLLX vs EELDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.53%	—	Sep 2015	DBLLX vs EIDOX

Lowest Volatility Alternatives to DBLLX

DBLLX has 1.24% 1-year volatility. No mutual funds in the Emerging Markets Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 2.03%.

Symbol	Name	Volatility 1Y	AUM	Inception
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	2.03%	—	Apr 2010	DBLLX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.05%	—	May 2011	DBLLX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.05%	—	Nov 2013	DBLLX vs PYCEX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.17%	—	Apr 2010	DBLLX vs DBLEX
DEDIX	Delaware Emerging Markets Debt Corporate Fund	2.21%	—	Sep 2013	DBLLX vs DEDIX

Lowest Drawdown Alternatives to DBLLX

DBLLX has a 1-year max drawdown of -0.92%. No mutual funds in the Emerging Markets Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -1.81%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	DBLLX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	DBLLX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	DBLLX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	DBLLX vs PYCEX
DEDIX	Delaware Emerging Markets Debt Corporate Fund	-2.46%	—	Sep 2013	DBLLX vs DEDIX

Other Mutual Funds from DoubleLine

The 10 most viewed DoubleLine mutual funds shown here include DBLTX, DSL, DBLSX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DBLTX	DoubleLine Total Return Bond Fund Class I	Total Bond Market	15	-1.15%	—	Apr 2010	DBLLX vs DBLTX
DSL	DoubleLine Income Solutions Fund	High Yield Bonds	3	1.45%	—	Apr 2013	DBLLX vs DSL
DBLSX	DoubleLine Low Duration Bond Fund	Short-Term Bond	96	1.02%	—	Sep 2011	DBLLX vs DBLSX
DLY	DoubleLine Yield Opportunities Fund	Multisector Bonds	5	2.38%	—	Feb 2020	DBLLX vs DLY
DSEEX	DoubleLine Shiller Enhanced CAPE	Large Cap Blend Equities	8	0.57%	—	Oct 2013	DBLLX vs DSEEX
DBSCX	Doubleline Selective Credit Fund	Multisector Bonds	91	1.36%	—	Aug 2014	DBLLX vs DBSCX
DBLFX	DoubleLine Core Fixed Income Fund	Intermediate Core-Plus Bond	12	-1.36%	—	Jun 2010	DBLLX vs DBLFX
DFLEX	DoubleLine Flexible Income Fund	Nontraditional Bonds	97	1.38%	—	Apr 2014	DBLLX vs DFLEX
DBLIX	DoubleLine Income Fund	Multisector Bonds	—	—	—	Sep 2019	DBLLX vs DBLIX
DBCMX	DoubleLine Strategic Commodity Fund	Commodities	86	30.19%	—	May 2015	DBLLX vs DBCMX

Often Compared With DBLLX

Investors most often compare DBLLX with APFOX, EMTIX, GMOQX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
APFOX	Artisan Emerging Markets Debt Opportunities Fund	Emerging Markets Bonds	98	6.99%	—	Apr 2022	DBLLX vs APFOX
EMTIX	Transamerica Emerging Markets Debt Fund	Emerging Markets Bonds	87	4.59%	—	Aug 2011	DBLLX vs EMTIX
GMOQX	GMO Emerging Country Debt Fund Class VI	Emerging Markets Bonds	98	8.28%	—	Apr 1994	DBLLX vs GMOQX
DEM	WisdomTree Emerging Markets Equity Income Fund	Dividend, Emerging Markets Equities	75	17.69%	3.87B	Jul 2007	DBLLX vs DEM
JEMDX	JPMorgan Emerging Markets Debt Fund	Emerging Markets Bonds	65	1.34%	—	Apr 1997	DBLLX vs JEMDX
AMAPX	Amana Participation Fund	Emerging Markets Bonds	33	-0.22%	—	Sep 2015	DBLLX vs AMAPX
EMCIX	Ashmore Emerging Markets Corporate Income Fund	Emerging Markets Bonds	47	2.88%	—	Dec 2010	DBLLX vs EMCIX
PFSIX	PIMCO Emerging Markets Full Spectrum Bond Fund	Emerging Markets Bonds	55	1.24%	—	Feb 2013	DBLLX vs PFSIX
PREMX	T. Rowe Price Emerging Markets Bond Fund	Emerging Markets Bonds	78	1.81%	—	Dec 1994	DBLLX vs PREMX
IHIAX	Federated Hermes Emerging Market Debt Fund	Emerging Markets Bonds	79	2.34%	—	Oct 1996	DBLLX vs IHIAX
EMDIX	Federated Hermes Emerging Market Debt Fund Institu...	Emerging Markets Bonds	74	2.51%	—	Oct 1996	DBLLX vs EMDIX
PELBX	PIMCO Emerging Markets Local Currency and Bond Fun...	Emerging Markets Bonds	45	1.68%	—	Dec 2006	DBLLX vs PELBX
EMLIX	MFS Emerging Markets Debt Local Currency Fund	Emerging Markets Bonds	36	1.37%	—	Sep 2011	DBLLX vs EMLIX
SHLMX	Virtus Stone Harbor Local Markets	Emerging Markets Bonds	39	1.75%	—	Jun 2010	DBLLX vs SHLMX
PFUMX	Principal Finisterre Emerging Markets Total Return...	Emerging Markets Bonds	76	2.04%	—	Jul 2016	DBLLX vs PFUMX
DBL	DoubleLine Opportunistic Credit Fund	Multisector Bonds	5	-2.54%	—	Jan 2012	DBLLX vs DBL
BILDX	DoubleLine Infrastructure Income Fund	Intermediate Core-Plus Bond	31	0.31%	—	Apr 2016	DBLLX vs BILDX
GMCDX	GMO Emerging Country Debt Fund	Emerging Markets Bonds	98	8.26%	—	Apr 1994	DBLLX vs GMCDX
PLMIX	PIMCO Emerging Markets Currency and Short-Term Inv...	Emerging Markets Bonds	76	4.94%	—	May 2005	DBLLX vs PLMIX
WEDIX	William Blair Emerging Markets Debt Fund	Emerging Markets Bonds	87	3.49%	—	May 2021	DBLLX vs WEDIX

Compare DBLLX with Any Fund or Stock

Compare DBLLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair DBLLX with funds that move differently

DoubleLine Low Duration Emerging Markets Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBLLX.

Explore DBLLX Diversifiers

DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX) Alternatives