DBLFX vs. COP
DBLFX (DoubleLine Core Fixed Income Fund) is Intermediate Core-Plus Bond fund managed by DoubleLine, while COP (ConocoPhillips Company) is a stock. Over the past 10 years, DBLFX returned 2.04%/yr vs 13.90%/yr for COP. At a correlation of -0.19, they often move in opposite directions.
Performance
DBLFX vs. COP - Performance Comparison
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Returns By Period
In the year-to-date period, DBLFX achieves a 0.02% return, which is significantly lower than COP's 29.12% return. Over the past 10 years, DBLFX has underperformed COP with an annualized return of 2.04%, while COP has yielded a comparatively higher 13.90% annualized return.
DBLFX
- 1D
- 0.11%
- 1M
- 0.37%
- YTD
- 0.02%
- 6M
- 0.06%
- 1Y
- 5.08%
- 3Y*
- 4.66%
- 5Y*
- 0.68%
- 10Y*
- 2.04%
COP
- 1D
- 1.87%
- 1M
- -3.98%
- YTD
- 29.12%
- 6M
- 31.65%
- 1Y
- 39.91%
- 3Y*
- 8.69%
- 5Y*
- 18.95%
- 10Y*
- 13.90%
DBLFX vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBLFX DoubleLine Core Fixed Income Fund | 0.02% | 7.54% | 3.04% | 6.44% | -12.76% | -0.34% | 5.61% | 7.99% | -0.01% | 4.66% |
COP ConocoPhillips Company | 29.12% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between DBLFX and COP is -0.27, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2010 | -0.19 |
The correlation between DBLFX and COP shifts across timeframes, from -0.27 (1 year) to -0.12 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DBLFX vs. COP — Risk / Return Rank
DBLFX
COP
DBLFX vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Core Fixed Income Fund (DBLFX) and ConocoPhillips Company (COP). 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.
| DBLFX | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 2.69 | -0.94 |
| Martin ratioReturn relative to average drawdown | 5.31 | 6.13 | -0.82 |
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
| DBLFX | COP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 1.37 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.58 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.37 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.23 | +0.64 |
Drawdowns
DBLFX vs. COP - Drawdown Comparison
The maximum DBLFX drawdown since its inception was -17.09%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for DBLFX and COP.
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Drawdown Indicators
| DBLFX | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.09% | -84.55% | +67.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.92% | -14.90% | +11.98% |
Max Drawdown (3Y)Largest decline over 3 years | -6.05% | -36.19% | +30.14% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -36.19% | +19.10% |
Max Drawdown (10Y)Largest decline over 10 years | -17.09% | -70.66% | +53.57% |
Current DrawdownCurrent decline from peak | -1.59% | -10.36% | +8.77% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -25.49% | +22.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 6.53% | -5.57% |
Volatility
DBLFX vs. COP - Volatility Comparison
The current volatility for DoubleLine Core Fixed Income Fund (DBLFX) is 1.39%, while ConocoPhillips Company (COP) has a volatility of 8.92%. This indicates that DBLFX experiences smaller price fluctuations and is considered to be less risky than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBLFX | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 8.92% | -7.53% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 22.81% | -20.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.66% | 29.27% | -25.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.24% | 32.72% | -27.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.29% | 37.67% | -33.38% |
Dividends
DBLFX vs. COP - Dividend Comparison
DBLFX's dividend yield for the trailing twelve months is around 4.81%, more than COP's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.77% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
DBLFX DoubleLine Core Fixed Income Fund | 4.81% | 4.87% | 5.22% | 4.66% | 3.99% | 3.12% | 3.17% | 3.42% | 3.35% | 2.90% | 2.95% | 3.59% |
Frequently Asked Questions
DBLFX and COP have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COP has higher volatility (8.92%) compared to DBLFX (1.39%). In terms of maximum drawdown, DBLFX dropped -17.09% vs COP's -84.55%.
DBLFX currently has the higher Sharpe Ratio (1.40 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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