DBLLX vs. DSL
DBLLX (DoubleLine Low Duration Emerging Markets Fixed Income Fund) and DSL (DoubleLine Income Solutions Fund) are both mutual funds - DBLLX is a Emerging Markets Bonds fund managed by DoubleLine, while DSL is a High Yield Bonds fund managed by DoubleLine. Over the past 10 years, DBLLX returned 3.32%/yr vs 4.74%/yr for DSL. Their 0.23 correlation means their historical movements had little consistent relationship. DBLLX charges 0.59%/yr vs 2.28%/yr for DSL.
Performance
DBLLX vs. DSL - Performance Comparison
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Returns By Period
In the year-to-date period, DBLLX achieves a 0.95% return, which is significantly lower than DSL's 1.45% return. Over the past 10 years, DBLLX has underperformed DSL with an annualized return of 3.32%, while DSL has yielded a comparatively higher 4.74% annualized return.
DBLLX
- 1D
- -0.41%
- 1M
- -0.31%
- 6M
- 0.36%
- YTD
- 0.95%
- 1Y
- 3.61%
- 3Y*
- 6.44%
- 5Y*
- 3.36%
- 10Y*
- 3.32%
- ALL TIME*
- 3.26%
DSL
- 1D
- 0.00%
- 1M
- -2.10%
- 6M
- -0.94%
- YTD
- 1.45%
- 1Y
- -1.01%
- 3Y*
- 7.22%
- 5Y*
- 1.11%
- 10Y*
- 4.74%
- ALL TIME*
- 3.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $4.99M | $6.21M | $5.64M |
DBLLX vs. DSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBLLX DoubleLine Low Duration Emerging Markets Fixed Income Fund | 0.95% | 7.86% | 7.20% | 7.00% | -5.05% | -0.21% | 3.53% | 8.57% | -0.04% | 4.20% |
DSL DoubleLine Income Solutions Fund | 1.45% | -0.01% | 15.00% | 23.41% | -22.61% | 7.39% | -6.49% | 25.10% | -6.04% | 16.39% |
Correlation
The correlation between DBLLX and DSL is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2014 | 0.23 |
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Return for Risk
DBLLX vs. DSL — Risk / Return Rank
DBLLX
DSL
DBLLX vs. DSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX) and DoubleLine Income Solutions Fund (DSL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DBLLX | DSL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.03 | ||
| Sortino ratioReturn per unit of downside risk | +4.67 | ||
| Omega ratioGain probability vs. loss probability | 1.83 | 0.99 | +0.84 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | -0.09 | +4.02 |
| Martin ratioReturn relative to average drawdown | 17.59 | -0.17 | +17.76 |
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Drawdowns
DBLLX vs. DSL - Drawdown Comparison
The maximum DBLLX drawdown since its inception was -10.13%, smaller than the maximum DSL drawdown of -49.51%. Use the drawdown chart below to compare losses from any high point for DBLLX and DSL.
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Drawdown Indicators
| DBLLX | DSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.13% | -49.51% | +39.38% |
Max Drawdown (1Y)Largest decline over 1 year | -0.92% | -11.16% | +10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -1.35% | -14.43% | +13.08% |
Max Drawdown (5Y)Largest decline over 5 years | -10.13% | -34.18% | +24.05% |
Max Drawdown (10Y)Largest decline over 10 years | -10.13% | -49.51% | +39.38% |
Current DrawdownCurrent decline from peak | -0.41% | -6.31% | +5.90% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -8.70% | +7.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 6.00% | -5.79% |
Volatility
DBLLX vs. DSL - Volatility Comparison
The current volatility for DoubleLine Low Duration Emerging Markets Fixed Income Fund (DBLLX) is 0.53%, while DoubleLine Income Solutions Fund (DSL) has a volatility of 3.08%. This indicates that DBLLX experiences smaller price fluctuations and is considered to be less risky than DSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBLLX | DSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 3.08% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 1.03% | 8.23% | -7.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 9.79% | -8.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.95% | 14.82% | -12.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.91% | 20.09% | -18.18% |
DBLLX vs. DSL - Expense Ratio Comparison
DBLLX has a 0.59% expense ratio, which is lower than DSL's 2.28% expense ratio.
Dividends
DBLLX vs. DSL - Dividend Comparison
DBLLX's dividend yield for the trailing twelve months is around 4.65%, less than DSL's 12.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLLX DoubleLine Low Duration Emerging Markets Fixed Income Fund | 4.65% | 5.27% | 4.70% | 3.74% | 2.41% | 2.15% | 2.61% | 4.93% | 2.87% | 3.00% | 3.19% | 3.77% |
DSL DoubleLine Income Solutions Fund | 12.37% | 11.71% | 11.38% | 10.78% | 13.67% | 10.74% | 10.69% | 9.33% | 10.39% | 9.11% | 9.53% | 11.63% |
Frequently Asked Questions
DBLLX and DSL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DSL has higher volatility (3.08%) compared to DBLLX (0.53%). In terms of maximum drawdown, DBLLX dropped -10.13% vs DSL's -49.51%.
DBLLX currently has the higher Sharpe Ratio (2.93 vs -0.10), 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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