Doubleline Fortune 500 Equal Weight ETF (DFVE)
DFVE is a passive ETF by DoubleLine tracking the investment results of the Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross. DFVE launched on Jan 31, 2024 and has a 0.20% expense ratio.
ETF Info
| Issuer | DoubleLine |
|---|---|
| Inception Date | Jan 31, 2024 |
| Category | Large Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
DFVE has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: DFVE vs. BDGS
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Doubleline Fortune 500 Equal Weight ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 18.10% |
| 1 month | 2.09% | 1.42% |
| 6 months | 7.72% | 9.39% |
| 1 year | N/A | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of DFVE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.55% | 5.53% | -5.14% | 3.58% | -1.27% | 5.36% | 1.32% | 12.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Doubleline Fortune 500 Equal Weight ETF (DFVE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Doubleline Fortune 500 Equal Weight ETF granted a 0.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.
| Period | TTM |
|---|---|
| Dividend | $0.20 |
Dividend yield | 0.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Doubleline Fortune 500 Equal Weight 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.20 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Doubleline Fortune 500 Equal Weight 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 Fortune 500 Equal Weight ETF was 6.35%, occurring on Aug 5, 2024. Recovery took 14 trading sessions.
The current Doubleline Fortune 500 Equal Weight ETF drawdown is 0.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.35% | Aug 1, 2024 | 3 | Aug 5, 2024 | 14 | Aug 23, 2024 | 17 |
| -6.31% | Apr 1, 2024 | 14 | Apr 18, 2024 | 60 | Jul 16, 2024 | 74 |
| -3.65% | Sep 3, 2024 | 4 | Sep 6, 2024 | — | — | — |
| -2.79% | Jul 17, 2024 | 6 | Jul 24, 2024 | 4 | Jul 30, 2024 | 10 |
| -2.13% | Feb 13, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
Volatility
Volatility Chart
The current Doubleline Fortune 500 Equal Weight ETF volatility is 3.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.