DBLIX vs. VMSAX

Last updated Apr 1, 2026

Compare and contrast key facts about DoubleLine Income Fund (DBLIX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX).

DBLIX is managed by DoubleLine. It was launched on Sep 2, 2019. VMSAX is an actively managed fund by Vanguard. It was launched on Oct 12, 2021.

Performance

DBLIX vs. VMSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Income Fund (DBLIX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX). The values are adjusted to include any dividend payments, if applicable.

DBLIX vs. VMSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-12.74%
VMSAX Vanguard Multi-Sector Income Bond Fund Admiral Shares	-0.99%	9.08%	6.86%	10.53%	-8.42%

Returns By Period

DBLIX

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

VMSAX

• 1D: 0.22%
• 1M: -1.98%
• YTD: -0.99%
• 6M: 0.66%
• 1Y: 6.00%
• 3Y*: 7.21%
• 5Y*: —
• 10Y*: —

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

DBLIX vs. VMSAX - Expense Ratio Comparison

DBLIX has a 0.65% expense ratio, which is higher than VMSAX's 0.30% expense ratio.

DBLIX

DoubleLine Income Fund

VMSAX

Vanguard Multi-Sector Income Bond Fund Admiral Shares

Return for Risk

DBLIX vs. VMSAX — Risk / Return Rank

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

VMSAX

VMSAX Risk / Return Rank: 35
VMSAX Sharpe Ratio Rank: 6
VMSAX Sortino Ratio Rank: 44
VMSAX Omega Ratio Rank: 98
VMSAX Calmar Ratio Rank: 8
VMSAX Martin Ratio Rank: 17

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. VMSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Income Fund (DBLIX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX). 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	VMSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.06	—

Correlation

The correlation between DBLIX and VMSAX is 0.63, 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

DBLIX vs. VMSAX - Dividend Comparison

DBLIX's dividend yield for the trailing twelve months is around 5.20%, which matches VMSAX's 5.17% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
DBLIX DoubleLine Income Fund	5.20%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%
VMSAX Vanguard Multi-Sector Income Bond Fund Admiral Shares	5.17%	5.66%	6.48%	5.52%	3.76%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	DBLIX	VMSAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-54.84%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-54.84%	—
Current Drawdown Current decline from peak	—	-2.03%	—
Average Drawdown Average peak-to-trough decline	—	-3.21%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.50%	—

Volatility

Volatility by Period

	DBLIX	VMSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	112.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	133.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	65.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	65.65%	—