- ISIN
- US25861R3030
- CUSIP
- 25861R303
- Issuer
- DoubleLine
- Inception Date
- Mar 31, 2023
- Category
- Short-Term Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $416M
Share Price Chart
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Performance
DCRE Performance Chart
DoubleLine Commercial Real Estate ETF (DCRE) is up 1.5% since the beginning of the year. DCRE is currently trading at $52 per share.
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Returns By Period
DoubleLine Commercial Real Estate ETF (DCRE) has returned 1.47% so far this year and 4.50% over the past 12 months.
DoubleLine Commercial Real Estate ETF
- 1D
- -0.02%
- 1M
- 0.30%
- YTD
- 1.47%
- 6M
- 1.61%
- 1Y
- 4.50%
- 3Y*
- 6.09%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DCRE Monthly Returns History
Based on dividend-adjusted daily data since Apr 4, 2023, DCRE's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 92% of months were positive and 8% were negative. The best month was Nov 2023 with a return of +1.2%, while the worst month was Oct 2024 at -0.6%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 1 months.
On a daily basis, DCRE closed higher 60% of trading days. The best single day was May 15, 2024 with a return of +0.5%, while the worst single day was Oct 4, 2024 at -0.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.52% | 0.81% | -0.43% | 0.38% | 0.14% | 0.05% | 1.47% | ||||||
| 2025 | 0.52% | 0.67% | 0.42% | 0.66% | 0.10% | 0.74% | 0.22% | 0.87% | 0.27% | 0.47% | 0.59% | 0.18% | 5.86% |
| 2024 | 0.92% | -0.04% | 0.71% | 0.06% | 0.95% | 0.69% | 0.89% | 0.91% | 0.80% | -0.61% | 0.96% | 0.45% | 6.86% |
| 2023 | 0.43% | 0.40% | 0.44% | 0.49% | 0.78% | 0.15% | 0.33% | 1.19% | 0.89% | 5.22% |
Benchmark Metrics
DoubleLine Commercial Real Estate ETF has an annualized alpha of 6.15%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 04, 2023.
- This ETF captured 13.92% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -12.66%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.00 may look defensive, but with R2 of 0.00 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 0.00 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
- 6.15%
- Beta
- -0.00
- R²
- 0.00
- Upside Capture
- 13.92%
- Downside Capture
- -12.66%
Expense Ratio
DCRE has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DCRE ranks 95 for risk / return — in the top 95% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for DoubleLine Commercial Real Estate ETF (DCRE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DCRE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.86 | ||
| Omega ratioGain probability vs. loss probability | 1.87 | 1.37 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 6.63 | 2.78 | +3.84 |
| Martin ratioReturn relative to average drawdown | 24.11 | 12.44 | +11.67 |
Dividends
Dividend History
DoubleLine Commercial Real Estate ETF provided a 4.75% dividend yield over the last twelve months, with an annual payout of $2.45 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $2.45 | $2.51 | $2.84 | $1.76 |
Dividend yield | 4.75% | 4.84% | 5.52% | 3.47% |
Monthly Dividends
The table displays the monthly dividend distributions for DoubleLine Commercial Real Estate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.21 | $0.19 | $0.18 | $0.21 | $0.19 | $0.98 | ||||||
| 2025 | $0.00 | $0.20 | $0.22 | $0.21 | $0.21 | $0.19 | $0.23 | $0.22 | $0.21 | $0.21 | $0.20 | $0.41 | $2.51 |
| 2024 | $0.00 | $0.23 | $0.22 | $0.23 | $0.23 | $0.27 | $0.25 | $0.24 | $0.26 | $0.21 | $0.22 | $0.49 | $2.84 |
| 2023 | $0.12 | $0.20 | $0.25 | $0.22 | $0.18 | $0.20 | $0.21 | $0.38 | $1.76 |
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 Commercial Real Estate 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 Commercial Real Estate ETF was 0.84%, occurring on Oct 30, 2024. Recovery took 19 trading sessions.
The current DoubleLine Commercial Real Estate ETF drawdown is 0.17%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2024 pullback2024 | -0.84%Oct 2024 | 26d | 27d | 1mo 23dOct 2024 - Nov 2024 |
2026 pullback2026 | -0.68%Mar 2026 | 18d | 1mo 1d | 1mo 19dMar 2026 - Apr 2026 |
2026 pullback2026 | -0.48%May 2026 | 14d | 22d | 1mo 6dMay 2026 - Jun 2026 |
2025 selloff2025 | -0.46%Apr 2025 | 3d | 17d | 20dApr 2025 - Apr 2025 |
2023 pullback2023 | -0.44%May 2023 | 14d | 25d | 1mo 9dMay 2023 - Jun 2023 |
Drawdown Indicators
| DCRE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.84% | -56.78% | +55.94% |
Max Drawdown (1Y)Largest decline over 1 year | -0.68% | -9.10% | +8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -0.84% | -18.90% | +18.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.17% | -1.80% | +1.63% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -10.71% | +10.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.19% | 2.03% | -1.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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