DBELX vs. AGEYX
Compare and contrast key facts about DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and American Beacon Developing World Income Fund Class Y (AGEYX).
DBELX is managed by DoubleLine. It was launched on Jun 27, 2019. AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014.
Performance
DBELX vs. AGEYX - Performance Comparison
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DBELX vs. AGEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | -3.02% | 20.86% | -4.37% | 12.50% | -6.99% | -9.37% | 2.61% | 0.89% |
AGEYX American Beacon Developing World Income Fund Class Y | 1.59% | 19.15% | 15.85% | 13.10% | -12.62% | 6.91% | 2.54% | 4.77% |
Returns By Period
In the year-to-date period, DBELX achieves a -3.02% return, which is significantly lower than AGEYX's 1.59% return.
DBELX
- 1D
- -0.11%
- 1M
- -5.95%
- YTD
- -3.02%
- 6M
- -0.06%
- 1Y
- 12.23%
- 3Y*
- 6.46%
- 5Y*
- 2.58%
- 10Y*
- —
AGEYX
- 1D
- 0.00%
- 1M
- -2.57%
- YTD
- 1.59%
- 6M
- 7.65%
- 1Y
- 18.77%
- 3Y*
- 16.31%
- 5Y*
- 8.06%
- 10Y*
- 7.77%
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DBELX vs. AGEYX - Expense Ratio Comparison
DBELX has a 0.90% expense ratio, which is lower than AGEYX's 1.14% expense ratio.
Return for Risk
DBELX vs. AGEYX — Risk / Return Rank
DBELX
AGEYX
DBELX vs. AGEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and American Beacon Developing World Income Fund Class Y (AGEYX). 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.
| DBELX | AGEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.87 | 4.04 | -2.17 |
Sortino ratioReturn per unit of downside risk | 2.51 | 5.55 | -3.04 |
Omega ratioGain probability vs. loss probability | 1.37 | 2.07 | -0.71 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 4.43 | -2.62 |
Martin ratioReturn relative to average drawdown | 8.22 | 21.89 | -13.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DBELX | AGEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 4.04 | -2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 1.58 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 1.31 | -1.11 |
Correlation
The correlation between DBELX and AGEYX is 0.40, 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.
Dividends
DBELX vs. AGEYX - Dividend Comparison
DBELX's dividend yield for the trailing twelve months is around 4.02%, less than AGEYX's 9.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | 4.02% | 4.41% | 3.80% | 2.03% | 2.01% | 1.98% | 1.17% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% |
AGEYX American Beacon Developing World Income Fund Class Y | 9.15% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
Drawdowns
DBELX vs. AGEYX - Drawdown Comparison
The maximum DBELX drawdown since its inception was -21.95%, roughly equal to the maximum AGEYX drawdown of -22.24%. Use the drawdown chart below to compare losses from any high point for DBELX and AGEYX.
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Drawdown Indicators
| DBELX | AGEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.95% | -22.24% | +0.29% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -4.14% | -2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -22.24% | +2.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.24% | — |
Current DrawdownCurrent decline from peak | -6.99% | -3.15% | -3.84% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -3.59% | -3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 0.84% | +0.69% |
Volatility
DBELX vs. AGEYX - Volatility Comparison
DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) has a higher volatility of 3.96% compared to American Beacon Developing World Income Fund Class Y (AGEYX) at 1.71%. This indicates that DBELX's price experiences larger fluctuations and is considered to be riskier than AGEYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBELX | AGEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 1.71% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 2.84% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.64% | 4.64% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.98% | 5.12% | +1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 5.00% | +2.39% |