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DoubleLine Commodity Strategy ETF (DCMT)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Jan 31, 2024
Category
Commodities
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Commodity
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in DoubleLine Commodity Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

DoubleLine Commodity Strategy ETF (DCMT) has returned 27.72% so far this year and 28.30% over the past 12 months.


DoubleLine Commodity Strategy ETF

1D
-1.56%
1M
15.33%
YTD
27.72%
6M
27.84%
1Y
28.30%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 1, 2024, DCMT's average daily return is +0.07%, while the average monthly return is +1.43%. At this rate, your investment would double in approximately 4.1 years.

Historically, 73% of months were positive and 27% were negative. The best month was Mar 2026 with a return of +15.3%, while the worst month was Apr 2025 at -7.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, DCMT closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +3.9%, while the worst single day was Mar 23, 2026 at -4.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.60%1.98%15.33%27.72%
20253.91%-1.15%2.77%-7.26%0.82%2.36%2.49%1.43%0.86%0.39%0.70%-0.98%6.04%
20240.17%4.42%0.66%-0.55%-0.44%-2.97%-0.85%2.11%1.05%0.43%1.00%4.96%

Benchmark Metrics

DoubleLine Commodity Strategy ETF has an annualized alpha of 16.02%, beta of 0.18, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since February 02, 2024.

  • This ETF captured 41.42% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -67.95%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.18 may look defensive, but with R² of 0.04 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.04 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
16.02%
Beta
0.18
0.04
Upside Capture
41.42%
Downside Capture
-67.95%

Expense Ratio

DCMT has an expense ratio of 0.66%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DCMT ranks 80 for risk / return — in the top 80% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


DCMT Risk / Return Rank: 8080
Overall Rank
DCMT Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
DCMT Sortino Ratio Rank: 8282
Sortino Ratio Rank
DCMT Omega Ratio Rank: 7676
Omega Ratio Rank
DCMT Calmar Ratio Rank: 8686
Calmar Ratio Rank
DCMT Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for DoubleLine Commodity Strategy ETF (DCMT) and compare them to a chosen benchmark (S&P 500 Index).


DCMTBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.62

0.90

+0.73

Sortino ratio

Return per unit of downside risk

2.21

1.39

+0.82

Omega ratio

Gain probability vs. loss probability

1.30

1.21

+0.09

Calmar ratio

Return relative to maximum drawdown

2.70

1.40

+1.30

Martin ratio

Return relative to average drawdown

8.42

6.61

+1.81

Explore DCMT risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

DoubleLine Commodity Strategy ETF provided a 2.88% dividend yield over the last twelve months, with an annual payout of $0.96 per share.


1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80$1.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.96$0.96$0.41

Dividend yield

2.88%3.67%1.59%

Monthly Dividends

The table displays the monthly dividend distributions for DoubleLine Commodity Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.96$0.96
2024$0.41$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the DoubleLine Commodity Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the DoubleLine Commodity Strategy ETF was 11.95%, occurring on Apr 8, 2025. Recovery took 110 trading sessions.

The current DoubleLine Commodity Strategy ETF drawdown is 1.56%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.95%Feb 20, 202534Apr 8, 2025110Sep 16, 2025144
-11.28%Apr 8, 2024108Sep 10, 202484Jan 10, 2025192
-5.14%Jan 30, 202612Feb 17, 20268Feb 27, 202620
-4.72%Mar 19, 20263Mar 23, 20264Mar 27, 20267
-3.78%Nov 12, 202524Dec 16, 202513Jan 6, 202637

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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