BLST vs. DCRE

Last updated Jun 24, 2026

BLST (Bluemonte Short Term Bond ETF) and DCRE (DoubleLine Commercial Real Estate ETF) are both Short-Term Bond funds. Over the past year, BLST returned 3.24% vs 4.41% for DCRE. At a 0.46 correlation, their price movements are largely independent. BLST charges 0.23%/yr vs 0.40%/yr for DCRE.

Performance

BLST vs. DCRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Short Term Bond ETF (BLST) and DoubleLine Commercial Real Estate ETF (DCRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLST achieves a 0.35% return, which is significantly lower than DCRE's 1.47% return.

BLST

• 1D: 0.08%
• 1M: 0.35%
• YTD: 0.35%
• 6M: 0.52%
• 1Y: 3.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCRE

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.47%
• 6M: 1.60%
• 1Y: 4.41%
• 3Y*: 6.09%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLST vs. DCRE - Yearly Performance Comparison

	2026 (YTD)	2025
BLST Bluemonte Short Term Bond ETF	0.35%	2.68%
DCRE DoubleLine Commercial Real Estate ETF	1.47%	2.99%

Correlation

The correlation between BLST and DCRE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.46

Return for Risk

BLST vs. DCRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLST

BLST Risk / Return Rank: 44
BLST Sharpe Ratio Rank: 45
BLST Sortino Ratio Rank: 49
BLST Omega Ratio Rank: 43
BLST Calmar Ratio Rank: 42
BLST Martin Ratio Rank: 41

DCRE

DCRE Risk / Return Rank: 95
DCRE Sharpe Ratio Rank: 96
DCRE Sortino Ratio Rank: 97
DCRE Omega Ratio Rank: 97
DCRE Calmar Ratio Rank: 94
DCRE Martin Ratio Rank: 93

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.

BLST vs. DCRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Short Term Bond ETF (BLST) and DoubleLine Commercial Real Estate ETF (DCRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BLST	DCRE	Difference
Sharpe ratio: Return per unit of total volatility	1.45	3.82	-2.37
Sortino ratio: Return per unit of downside risk	2.19	6.49	-4.30
Omega ratio: Gain probability vs. loss probability	1.26	1.85	-0.60
Calmar ratio: Return relative to maximum drawdown	1.92	6.50	-4.57
Martin ratio: Return relative to average drawdown	5.89	23.58	-17.70

BLST vs. DCRE - Sharpe Ratio Comparison

The current BLST Sharpe Ratio is 1.45, which is lower than the DCRE Sharpe Ratio of 3.82. The chart below compares the historical Sharpe Ratios of BLST and DCRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BLST vs. DCRE - Drawdown Comparison

The maximum BLST drawdown since its inception was -1.69%, which is greater than DCRE's maximum drawdown of -0.84%. Use the drawdown chart below to compare losses from any high point for BLST and DCRE.

Drawdown Indicators

	BLST	DCRE	Difference
Max Drawdown Largest peak-to-trough decline	-1.69%	-0.84%	-0.85%
Max Drawdown (1Y) Largest decline over 1 year	-1.69%	-0.68%	-1.01%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.84%	—
Current Drawdown Current decline from peak	-0.82%	-0.17%	-0.65%
Average Drawdown Average peak-to-trough decline	-0.37%	-0.11%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	0.19%	+0.36%

Volatility

BLST vs. DCRE - Volatility Comparison

Bluemonte Short Term Bond ETF (BLST) has a higher volatility of 0.73% compared to DoubleLine Commercial Real Estate ETF (DCRE) at 0.36%. This indicates that BLST's price experiences larger fluctuations and is considered to be riskier than DCRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLST	DCRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.73%	0.36%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	1.69%	0.91%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	1.16%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.25%	1.58%	+0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.25%	1.58%	+0.67%

BLST vs. DCRE - Expense Ratio Comparison

BLST has a 0.23% expense ratio, which is lower than DCRE's 0.40% expense ratio.

Dividends

BLST vs. DCRE - Dividend Comparison

BLST's dividend yield for the trailing twelve months is around 3.38%, less than DCRE's 4.75% yield.

Position	TTM	2025	2024	2023
BLST Bluemonte Short Term Bond ETF	3.38%	2.11%	0.00%	0.00%
DCRE DoubleLine Commercial Real Estate ETF	4.75%	4.84%	5.52%	3.47%

Frequently Asked Questions

Can I hold both BLST and DCRE in my portfolio?

BLST and DCRE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLST or DCRE?

BLST has higher volatility (0.73%) compared to DCRE (0.36%). In terms of maximum drawdown, BLST dropped -1.69% vs DCRE's -0.84%.

Which ETF is better, BLST or DCRE?

On 1-year performance, DCRE leads with 4.41% vs 3.24% for BLST. On fees, BLST is cheaper at 0.23% per year. On volatility, DCRE has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLST or DCRE?

Over the 1-year period, DCRE has performed better with a 4.41% return vs 3.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLST or DCRE?

BLST is cheaper with a 0.23% expense ratio, compared with 0.40% for DCRE.

Which ETF pays a higher dividend yield, BLST or DCRE?

DCRE has the higher dividend yield at 4.75%, compared with 3.38% for BLST.

What is the main difference between BLST and DCRE?

They also come from different issuers: Bluemonte and DoubleLine. Their fees differ too: 0.23% for BLST and 0.40% for DCRE.

Which has better risk-adjusted returns?

DCRE currently has the higher Sharpe Ratio (3.82 vs 1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.