DBELX vs. DBLTX
Compare and contrast key facts about DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and DoubleLine Total Return Bond Fund Class I (DBLTX).
DBELX is managed by DoubleLine. It was launched on Jun 27, 2019. DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010.
Performance
DBELX vs. DBLTX - Performance Comparison
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DBELX vs. DBLTX - 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% |
DBLTX DoubleLine Total Return Bond Fund Class I | -0.54% | 8.05% | 3.08% | 5.34% | -12.56% | 0.24% | 4.13% | 1.38% |
Returns By Period
In the year-to-date period, DBELX achieves a -3.02% return, which is significantly lower than DBLTX's -0.54% return.
DBELX
- 1D
- -0.11%
- 1M
- -5.95%
- YTD
- -3.02%
- 6M
- -0.06%
- 1Y
- 12.23%
- 3Y*
- 6.46%
- 5Y*
- 2.58%
- 10Y*
- —
DBLTX
- 1D
- -0.34%
- 1M
- -2.00%
- YTD
- -0.54%
- 6M
- 0.55%
- 1Y
- 3.79%
- 3Y*
- 4.14%
- 5Y*
- 0.70%
- 10Y*
- 1.80%
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DBELX vs. DBLTX - Expense Ratio Comparison
DBELX has a 0.90% expense ratio, which is higher than DBLTX's 0.50% expense ratio.
Return for Risk
DBELX vs. DBLTX — Risk / Return Rank
DBELX
DBLTX
DBELX vs. DBLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and DoubleLine Total Return Bond Fund Class I (DBLTX). 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 | DBLTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.87 | 0.98 | +0.89 |
Sortino ratioReturn per unit of downside risk | 2.51 | 1.43 | +1.08 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.17 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.51 | +0.30 |
Martin ratioReturn relative to average drawdown | 8.22 | 4.43 | +3.79 |
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 | DBLTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 0.98 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.13 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.91 | -0.72 |
Correlation
The correlation between DBELX and DBLTX is 0.23, 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. DBLTX - Dividend Comparison
DBELX's dividend yield for the trailing twelve months is around 4.02%, less than DBLTX's 4.44% 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% |
DBLTX DoubleLine Total Return Bond Fund Class I | 4.44% | 4.86% | 5.03% | 4.35% | 3.86% | 3.12% | 3.39% | 3.66% | 3.74% | 3.65% | 3.72% | 4.11% |
Drawdowns
DBELX vs. DBLTX - Drawdown Comparison
The maximum DBELX drawdown since its inception was -21.95%, which is greater than DBLTX's maximum drawdown of -16.49%. Use the drawdown chart below to compare losses from any high point for DBELX and DBLTX.
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Drawdown Indicators
| DBELX | DBLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.95% | -16.49% | -5.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -2.88% | -4.11% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -16.49% | -3.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.49% | — |
Current DrawdownCurrent decline from peak | -6.99% | -2.54% | -4.45% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -2.38% | -4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 0.98% | +0.55% |
Volatility
DBELX vs. DBLTX - Volatility Comparison
DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) has a higher volatility of 3.96% compared to DoubleLine Total Return Bond Fund Class I (DBLTX) at 1.70%. This indicates that DBELX's price experiences larger fluctuations and is considered to be riskier than DBLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBELX | DBLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 1.70% | +2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 2.64% | +2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.64% | 4.23% | +2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.98% | 5.56% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 4.38% | +3.01% |