DBCMX vs. DBLIX

Last updated Jun 26, 2026

DBCMX (DoubleLine Strategic Commodity Fund) and DBLIX (DoubleLine Income Fund) are both mutual funds - DBCMX is a Commodities fund managed by DoubleLine, while DBLIX is a Multisector Bonds fund managed by DoubleLine. At a correlation of -0.02, they often move in opposite directions. DBCMX charges 1.02%/yr vs 0.65%/yr for DBLIX.

Performance

DBCMX vs. DBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Strategic Commodity Fund (DBCMX) and DoubleLine Income Fund (DBLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DBCMX

• 1D: -1.50%
• 1M: -7.99%
• YTD: 18.01%
• 6M: 18.44%
• 1Y: 24.84%
• 3Y*: 8.85%
• 5Y*: 8.03%
• 10Y*: 6.14%

DBLIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DBCMX vs. DBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DBCMX DoubleLine Strategic Commodity Fund	18.01%	6.10%	0.45%	-3.96%	13.40%	31.24%	-6.07%	2.36%
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-13.31%	5.72%	-5.09%	0.39%

Correlation

The correlation between DBCMX and DBLIX is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (5Y) Calculated over the trailing 5-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Sep 4, 2019	-0.02

Return for Risk

DBCMX vs. DBLIX — Risk / Return Rank

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

DBCMX

DBCMX Risk / Return Rank: 51
DBCMX Sharpe Ratio Rank: 54
DBCMX Sortino Ratio Rank: 49
DBCMX Omega Ratio Rank: 49
DBCMX Calmar Ratio Rank: 40
DBCMX Martin Ratio Rank: 62

DBLIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DBCMX vs. DBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Strategic Commodity Fund (DBCMX) and DoubleLine Income Fund (DBLIX). 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.

	DBCMX	DBLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	—	—
Sortino ratio: Return per unit of downside risk	2.44	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.08	—	—
Martin ratio: Return relative to average drawdown	10.41	—	—

Drawdowns

Drawdown Indicators

	DBCMX	DBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.62%	—	—
Current Drawdown Current decline from peak	-11.98%	—	—
Average Drawdown Average peak-to-trough decline	-13.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	—	—

Volatility

Volatility by Period

	DBCMX	DBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.05%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.63%	—	—

DBCMX vs. DBLIX - Expense Ratio Comparison

DBCMX has a 1.02% expense ratio, which is higher than DBLIX's 0.65% expense ratio.

Dividends

DBCMX vs. DBLIX - Dividend Comparison

DBCMX's dividend yield for the trailing twelve months is around 2.57%, less than DBLIX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DBCMX DoubleLine Strategic Commodity Fund	2.57%	3.04%	2.89%	3.30%	46.88%	13.53%	0.00%	1.04%	1.21%	5.23%	0.51%
DBLIX DoubleLine Income Fund	4.11%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBCMX and DBLIX in my portfolio?

DBCMX and DBLIX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.