PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BWDTX vs. DBSCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BWDTX and DBSCX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

BWDTX vs. DBSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and Doubleline Selective Credit Fund (DBSCX). The values are adjusted to include any dividend payments, if applicable.

32.00%34.00%36.00%38.00%JulyAugustSeptemberOctoberNovemberDecember
36.31%
37.06%
BWDTX
DBSCX

Key characteristics

Sharpe Ratio

BWDTX:

4.28

DBSCX:

2.41

Sortino Ratio

BWDTX:

6.95

DBSCX:

3.52

Omega Ratio

BWDTX:

2.04

DBSCX:

1.46

Calmar Ratio

BWDTX:

9.60

DBSCX:

5.84

Martin Ratio

BWDTX:

33.68

DBSCX:

13.79

Ulcer Index

BWDTX:

0.20%

DBSCX:

0.52%

Daily Std Dev

BWDTX:

1.60%

DBSCX:

3.00%

Max Drawdown

BWDTX:

-10.06%

DBSCX:

-14.12%

Current Drawdown

BWDTX:

-0.50%

DBSCX:

-1.07%

Returns By Period

In the year-to-date period, BWDTX achieves a 6.52% return, which is significantly lower than DBSCX's 6.93% return.


BWDTX

YTD

6.52%

1M

0.20%

6M

3.16%

1Y

6.85%

5Y*

3.96%

10Y*

N/A

DBSCX

YTD

6.93%

1M

-0.40%

6M

3.61%

1Y

7.23%

5Y*

2.50%

10Y*

3.96%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BWDTX vs. DBSCX - Expense Ratio Comparison

BWDTX has a 0.40% expense ratio, which is higher than DBSCX's 0.05% expense ratio.


BWDTX
Boyd Watterson Limited Duration Enhanced Income Fund
Expense ratio chart for BWDTX: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for DBSCX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

BWDTX vs. DBSCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and Doubleline Selective Credit Fund (DBSCX). 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.


Sharpe ratio
The chart of Sharpe ratio for BWDTX, currently valued at 4.28, compared to the broader market-1.000.001.002.003.004.004.282.41
The chart of Sortino ratio for BWDTX, currently valued at 6.95, compared to the broader market-2.000.002.004.006.008.0010.006.953.52
The chart of Omega ratio for BWDTX, currently valued at 2.04, compared to the broader market0.501.001.502.002.503.003.502.041.46
The chart of Calmar ratio for BWDTX, currently valued at 9.60, compared to the broader market0.002.004.006.008.0010.0012.0014.009.605.84
The chart of Martin ratio for BWDTX, currently valued at 33.68, compared to the broader market0.0020.0040.0060.0033.6813.79
BWDTX
DBSCX

The current BWDTX Sharpe Ratio is 4.28, which is higher than the DBSCX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of BWDTX and DBSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
4.28
2.41
BWDTX
DBSCX

Dividends

BWDTX vs. DBSCX - Dividend Comparison

BWDTX's dividend yield for the trailing twelve months is around 4.07%, less than DBSCX's 6.43% yield.


TTM2023202220212020201920182017201620152014
BWDTX
Boyd Watterson Limited Duration Enhanced Income Fund
4.07%5.51%3.77%2.97%3.18%3.47%4.17%2.90%1.35%0.00%0.00%
DBSCX
Doubleline Selective Credit Fund
6.43%6.77%6.68%4.68%4.67%6.05%7.45%9.04%9.75%9.53%2.40%

Drawdowns

BWDTX vs. DBSCX - Drawdown Comparison

The maximum BWDTX drawdown since its inception was -10.06%, smaller than the maximum DBSCX drawdown of -14.12%. Use the drawdown chart below to compare losses from any high point for BWDTX and DBSCX. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.50%
-1.07%
BWDTX
DBSCX

Volatility

BWDTX vs. DBSCX - Volatility Comparison

The current volatility for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) is 0.54%, while Doubleline Selective Credit Fund (DBSCX) has a volatility of 0.87%. This indicates that BWDTX experiences smaller price fluctuations and is considered to be less risky than DBSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%JulyAugustSeptemberOctoberNovemberDecember
0.54%
0.87%
BWDTX
DBSCX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab