DBCMX vs. SPMO
Compare and contrast key facts about DoubleLine Strategic Commodity Fund (DBCMX) and Invesco S&P 500® Momentum ETF (SPMO).
DBCMX is managed by DoubleLine. It was launched on May 17, 2015. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBCMX or SPMO.
Correlation
The correlation between DBCMX and SPMO is 0.25, 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.
Performance
DBCMX vs. SPMO - Performance Comparison
Key characteristics
DBCMX:
-0.72
SPMO:
1.02
DBCMX:
-0.88
SPMO:
1.51
DBCMX:
0.89
SPMO:
1.22
DBCMX:
-0.29
SPMO:
1.25
DBCMX:
-0.95
SPMO:
4.52
DBCMX:
8.42%
SPMO:
5.57%
DBCMX:
11.41%
SPMO:
24.70%
DBCMX:
-37.62%
SPMO:
-30.95%
DBCMX:
-23.96%
SPMO:
-4.43%
Returns By Period
In the year-to-date period, DBCMX achieves a -1.28% return, which is significantly lower than SPMO's 3.87% return.
DBCMX
-1.28%
4.53%
-2.34%
-8.14%
12.21%
N/A
SPMO
3.87%
19.16%
2.96%
25.00%
20.72%
N/A
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DBCMX vs. SPMO - Expense Ratio Comparison
DBCMX has a 1.02% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
DBCMX vs. SPMO — Risk-Adjusted Performance Rank
DBCMX
SPMO
DBCMX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Strategic Commodity Fund (DBCMX) and Invesco S&P 500® Momentum ETF (SPMO). 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.
Dividends
DBCMX vs. SPMO - Dividend Comparison
DBCMX's dividend yield for the trailing twelve months is around 2.92%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DBCMX DoubleLine Strategic Commodity Fund | 2.92% | 2.89% | 3.30% | 46.88% | 13.53% | 0.00% | 1.04% | 1.21% | 5.23% | 0.51% | 0.03% |
SPMO Invesco S&P 500® Momentum ETF | 0.52% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
DBCMX vs. SPMO - Drawdown Comparison
The maximum DBCMX drawdown since its inception was -37.62%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for DBCMX and SPMO. For additional features, visit the drawdowns tool.
Volatility
DBCMX vs. SPMO - Volatility Comparison
The current volatility for DoubleLine Strategic Commodity Fund (DBCMX) is 3.33%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 13.05%. This indicates that DBCMX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.