DBELX vs. DSEEX
Compare and contrast key facts about DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) and DoubleLine Shiller Enhanced CAPE (DSEEX).
DBELX is managed by DoubleLine. It was launched on Jun 27, 2019. DSEEX is managed by DoubleLine. It was launched on Oct 31, 2013.
Performance
DBELX vs. DSEEX - Performance Comparison
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DBELX vs. DSEEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBELX DoubleLine Emerging Markets Local Currency Bond Fund | -2.91% | 20.86% | -4.37% | 12.50% | -6.99% | -9.37% | 2.61% | 0.89% |
DSEEX DoubleLine Shiller Enhanced CAPE | -7.19% | 9.49% | 12.84% | 27.03% | -23.24% | 24.91% | 16.27% | 12.51% |
Returns By Period
In the year-to-date period, DBELX achieves a -2.91% return, which is significantly higher than DSEEX's -7.19% return.
DBELX
- 1D
- -0.32%
- 1M
- -6.70%
- YTD
- -2.91%
- 6M
- 0.26%
- 1Y
- 12.48%
- 3Y*
- 6.49%
- 5Y*
- 2.63%
- 10Y*
- —
DSEEX
- 1D
- 0.55%
- 1M
- -10.31%
- YTD
- -7.19%
- 6M
- -7.49%
- 1Y
- 0.03%
- 3Y*
- 10.31%
- 5Y*
- 5.62%
- 10Y*
- 11.57%
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DBELX vs. DSEEX - Expense Ratio Comparison
DBELX has a 0.90% expense ratio, which is higher than DSEEX's 0.54% expense ratio.
Return for Risk
DBELX vs. DSEEX — Risk / Return Rank
DBELX
DSEEX
DBELX vs. DSEEX - 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 Shiller Enhanced CAPE (DSEEX). 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 | DSEEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 0.07 | +1.86 |
Sortino ratioReturn per unit of downside risk | 2.58 | 0.21 | +2.37 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.03 | +0.35 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | -0.05 | +1.88 |
Martin ratioReturn relative to average drawdown | 8.57 | -0.18 | +8.75 |
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 | DSEEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 0.07 | +1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.25 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.58 | -0.39 |
Correlation
The correlation between DBELX and DSEEX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DBELX vs. DSEEX - Dividend Comparison
DBELX's dividend yield for the trailing twelve months is around 4.02%, less than DSEEX's 4.86% 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% |
DSEEX DoubleLine Shiller Enhanced CAPE | 4.86% | 4.93% | 4.92% | 4.59% | 16.41% | 28.54% | 1.73% | 7.57% | 15.27% | 9.09% | 4.09% | 4.43% |
Drawdowns
DBELX vs. DSEEX - Drawdown Comparison
The maximum DBELX drawdown since its inception was -21.95%, smaller than the maximum DSEEX drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for DBELX and DSEEX.
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Drawdown Indicators
| DBELX | DSEEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.95% | -41.66% | +19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -10.96% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -41.66% | +21.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.66% | — |
Current DrawdownCurrent decline from peak | -6.89% | -10.31% | +3.42% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -8.54% | +1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 2.87% | -1.40% |
Volatility
DBELX vs. DSEEX - Volatility Comparison
The current volatility for DoubleLine Emerging Markets Local Currency Bond Fund (DBELX) is 4.00%, while DoubleLine Shiller Enhanced CAPE (DSEEX) has a volatility of 4.34%. This indicates that DBELX experiences smaller price fluctuations and is considered to be less risky than DSEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBELX | DSEEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 4.34% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 7.73% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.65% | 15.18% | -8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.99% | 22.82% | -15.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 21.68% | -14.29% |