DBLIX vs. DBL

Last updated Jun 5, 2026

DBLIX (DoubleLine Income Fund) and DBL (DoubleLine Opportunistic Credit Fund) are both Multisector Bonds funds from DoubleLine. At a 0.16 correlation, their price movements are largely independent. DBLIX charges 0.65%/yr vs 2.43%/yr for DBL.

Performance

DBLIX vs. DBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Income Fund (DBLIX) and DoubleLine Opportunistic Credit Fund (DBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DBLIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBL

• 1D: -0.17%
• 1M: 0.00%
• YTD: -2.26%
• 6M: -2.26%
• 1Y: -0.00%
• 3Y*: 8.04%
• 5Y*: 2.07%
• 10Y*: 2.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBLIX vs. DBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-13.31%	5.72%	-5.09%	0.39%
DBL DoubleLine Opportunistic Credit Fund	-2.26%	7.16%	10.05%	13.11%	-15.83%	4.61%	3.93%	1.62%

Correlation

The correlation between DBLIX and DBL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 5, 2019	0.16

The correlation between DBLIX and DBL shifts across timeframes, from 0.04 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DBLIX vs. DBL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBL

DBL Risk / Return Rank: 3
DBL Sharpe Ratio Rank: 3
DBL Sortino Ratio Rank: 3
DBL Omega Ratio Rank: 3
DBL Calmar Ratio Rank: 3
DBL Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBLIX vs. DBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Income Fund (DBLIX) and DoubleLine Opportunistic Credit Fund (DBL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DBLIX	DBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.18	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.32	—

Drawdowns

Drawdown Indicators

	DBLIX	DBL	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.45%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-5.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.45%	—
Current Drawdown Current decline from peak	—	-3.19%	—
Average Drawdown Average peak-to-trough decline	—	-6.86%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.19%	—

Volatility

Volatility by Period

	DBLIX	DBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	7.08%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.56%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.52%	—

DBLIX vs. DBL - Expense Ratio Comparison

DBLIX has a 0.65% expense ratio, which is lower than DBL's 2.43% expense ratio.

Dividends

DBLIX vs. DBL - Dividend Comparison

DBLIX's dividend yield for the trailing twelve months is around 4.11%, less than DBL's 9.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBL DoubleLine Opportunistic Credit Fund	9.19%	8.66%	8.52%	8.60%	8.89%	7.17%	8.69%	6.83%	10.27%	9.03%	8.68%	9.35%
DBLIX DoubleLine Income Fund	4.11%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBLIX and DBL in my portfolio?

DBLIX and DBL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.