- Issuer
- DoubleLine
- Inception Date
- Jan 31, 2024
- Category
- Large Cap Blend Equities, Equal Weight
- Leveraged
- 1x (No leverage)
- Index Tracked
- Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $35M
Highlights
- Avg. Volume (1M)
- 2K
- Avg. Volume Value (1M)
- $88.82K
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
DFVE Performance Chart
Doubleline Fortune 500 Equal Weight ETF (DFVE) is up 15.3% since the beginning of the year. DFVE is currently trading at $37 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
Doubleline Fortune 500 Equal Weight ETF (DFVE) has returned 15.30% so far this year and 25.75% over the past 12 months.
Doubleline Fortune 500 Equal Weight ETF
- 1D
- -0.28%
- 1M
- 1.35%
- 6M
- 10.99%
- YTD
- 15.30%
- 1Y
- 25.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.09%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
DFVE Monthly Returns History
Based on dividend-adjusted daily data since Feb 1, 2024, DFVE's average daily return is +0.07%, while the average monthly return is +1.46%. At this rate, an investment would double in approximately 4.0 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2024 with a return of +7.2%, while the worst month was Dec 2024 at -6.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, DFVE closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +8.5%, while the worst single day was Apr 3, 2025 at -5.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.88% | 3.49% | -5.33% | 7.12% | 1.02% | 2.48% | 2.16% | 15.30% | |||||
| 2025 | 4.29% | -1.38% | -3.05% | -3.72% | 5.32% | 4.48% | 1.06% | 3.88% | 1.07% | -0.57% | 2.22% | 0.52% | 14.51% |
| 2024 | 4.43% | 5.53% | -5.14% | 3.58% | -1.27% | 5.36% | 1.32% | 2.16% | -1.52% | 7.18% | -6.83% | 14.66% |
Benchmark Metrics
Doubleline Fortune 500 Equal Weight ETF has an annualized alpha of 2.59%, beta of 0.82, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since February 01, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.81%) than losses (84.00%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 2.59% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.59%
- Beta
- 0.82
- R²
- 0.70
- Upside Capture
- 88.81%
- Downside Capture
- 84.00%
Expense Ratio
DFVE has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
DFVE ranks 82 for risk / return — above 82% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Doubleline Fortune 500 Equal Weight ETF (DFVE) 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.
| DFVE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 2.00 | +1.05 |
| Martin ratioReturn relative to average drawdown | 11.31 | 8.49 | +2.82 |
Dividends
Dividend History
Doubleline Fortune 500 Equal Weight ETF provided a 1.36% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.50 | $0.48 | $0.43 |
Dividend yield | 1.36% | 1.52% | 1.53% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.25 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.13 | $0.48 |
| 2024 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.13 | $0.43 |
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.
Loading charts...
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 19.43%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.
The current Doubleline Fortune 500 Equal Weight ETF drawdown is 1.24%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-19.43%Apr 2025 | 4mo 13d | 2mo 25d | 7mo 8dNov 2024 - Jul 2025 | 2025 selloff2025 |
-7.79%Mar 2026 | 1mo 6d | 28d | 2mo 4dFeb 2026 - Apr 2026 | — |
-6.35%Aug 2024 | 4d | 18d | 22dAug 2024 - Aug 2024 | — |
-6.32%Apr 2024 | 17d | 2mo 29d | 3mo 16dApr 2024 - Jul 2024 | — |
-5.41%Nov 2025 | 23d | 8d | 1mo 1dOct 2025 - Nov 2025 | — |
Drawdown Indicators
| DFVE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.43% | -56.78% | +37.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.79% | -9.10% | +1.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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 | -1.24% | -1.58% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -2.63% | -10.70% | +8.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.14% | -0.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with DFVE
Add Doubleline Fortune 500 Equal Weight ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with DFVE