DABS vs. VPC

Last updated Jun 4, 2026

DABS (DoubleLine Asset-Backed Securities ETF) and VPC (Virtus Private Credit ETF) are both Nontraditional Bonds funds. DABS is actively managed, while VPC is passively managed. Over the past year, DABS returned 5.66% vs -12.88% for VPC. At a 0.02 correlation, their price movements are largely independent. DABS charges 0.40%/yr vs 0.75%/yr for VPC.

Performance

DABS vs. VPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Asset-Backed Securities ETF (DABS) and Virtus Private Credit ETF (VPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DABS achieves a 0.88% return, which is significantly higher than VPC's -9.26% return.

DABS

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.88%
• 6M: 1.22%
• 1Y: 5.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VPC

• 1D: -1.89%
• 1M: -5.24%
• YTD: -9.26%
• 6M: -10.18%
• 1Y: -12.88%
• 3Y*: 2.85%
• 5Y*: 1.17%
• 10Y*: —

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

DABS vs. VPC - Yearly Performance Comparison

	2026 (YTD)	2025
DABS DoubleLine Asset-Backed Securities ETF	0.88%	5.63%
VPC Virtus Private Credit ETF	-9.26%	-8.55%

Correlation

The correlation between DABS and VPC is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	0.02

Return for Risk

DABS vs. VPC — Risk / Return Rank

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

DABS

DABS Risk / Return Rank: 78
DABS Sharpe Ratio Rank: 71
DABS Sortino Ratio Rank: 79
DABS Omega Ratio Rank: 79
DABS Calmar Ratio Rank: 83
DABS Martin Ratio Rank: 79

VPC

VPC Risk / Return Rank: 3
VPC Sharpe Ratio Rank: 1
VPC Sortino Ratio Rank: 2
VPC Omega Ratio Rank: 2
VPC Calmar Ratio Rank: 4
VPC Martin Ratio Rank: 3

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.

DABS vs. VPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Asset-Backed Securities ETF (DABS) and Virtus Private Credit ETF (VPC). 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.

	DABS	VPC	Difference
Sharpe ratio: Return per unit of total volatility	2.28	-0.98	+3.26
Sortino ratio: Return per unit of downside risk	3.52	-1.33	+4.85
Omega ratio: Gain probability vs. loss probability	1.47	0.85	+0.62
Calmar ratio: Return relative to maximum drawdown	4.40	-0.57	+4.97
Martin ratio: Return relative to average drawdown	15.21	-1.13	+16.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DABS vs. VPC - Sharpe Ratio Comparison

The current DABS Sharpe Ratio is 2.28, which is higher than the VPC Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of DABS and VPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DABS	VPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	-0.98	+3.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.05	0.20	+1.85

Drawdowns

DABS vs. VPC - Drawdown Comparison

The maximum DABS drawdown since its inception was -1.47%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for DABS and VPC.

Drawdown Indicators

	DABS	VPC	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	-53.45%	+51.98%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	-22.76%	+21.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Current Drawdown Current decline from peak	-0.49%	-19.63%	+19.14%
Average Drawdown Average peak-to-trough decline	-0.31%	-7.67%	+7.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	11.45%	-11.08%

Volatility

DABS vs. VPC - Volatility Comparison

The current volatility for DoubleLine Asset-Backed Securities ETF (DABS) is 0.71%, while Virtus Private Credit ETF (VPC) has a volatility of 3.27%. This indicates that DABS experiences smaller price fluctuations and is considered to be less risky than VPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DABS	VPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.71%	3.27%	-2.56%
Volatility (6M) Calculated over the trailing 6-month period	1.60%	10.85%	-9.25%
Volatility (1Y) Calculated over the trailing 1-year period	2.49%	13.17%	-10.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.56%	13.50%	-10.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.56%	20.56%	-18.00%

DABS vs. VPC - Expense Ratio Comparison

DABS has a 0.40% expense ratio, which is lower than VPC's 0.75% expense ratio.

Dividends

DABS vs. VPC - Dividend Comparison

DABS's dividend yield for the trailing twelve months is around 4.89%, less than VPC's 17.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DABS DoubleLine Asset-Backed Securities ETF	4.89%	3.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VPC Virtus Private Credit ETF	17.30%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%

Frequently Asked Questions

Can I hold both DABS and VPC in my portfolio?

DABS and VPC have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DABS or VPC?

VPC has higher volatility (3.27%) compared to DABS (0.71%). In terms of maximum drawdown, DABS dropped -1.47% vs VPC's -53.45%.

Which ETF is better, DABS or VPC?

On 1-year performance, DABS leads with 5.66% vs -12.88% for VPC. On fees, DABS is cheaper at 0.40% per year. On volatility, DABS has been the lower-risk option at 0.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DABS or VPC?

Over the 1-year period, DABS has performed better with a 5.66% return vs -12.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DABS or VPC?

DABS is cheaper with a 0.40% expense ratio, compared with 0.75% for VPC.

Which ETF pays a higher dividend yield, DABS or VPC?

VPC has the higher dividend yield at 17.30%, compared with 4.89% for DABS.

What is the main difference between DABS and VPC?

They also come from different issuers: DoubleLine and Virtus Investment Partners. Their fees differ too: 0.40% for DABS and 0.75% for VPC.

Which has better risk-adjusted returns?

DABS currently has the higher Sharpe Ratio (2.28 vs -0.98), 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.