DBLSX vs. OSTIX
Compare and contrast key facts about DoubleLine Low Duration Bond Fund (DBLSX) and Osterweis Strategic Income Fund (OSTIX).
DBLSX is managed by DoubleLine. It was launched on Sep 30, 2011. OSTIX is managed by Osterweis. It was launched on Aug 30, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBLSX or OSTIX.
Key characteristics
| DBLSX | OSTIX | |
|---|---|---|
| YTD Return | 4.55% | 7.23% |
| 1Y Return | 6.75% | 11.69% |
| 3Y Return (Ann) | 2.76% | 4.31% |
| 5Y Return (Ann) | 2.30% | 5.65% |
| 10Y Return (Ann) | 2.35% | 4.63% |
| Sharpe Ratio | 5.03 | 6.42 |
| Sortino Ratio | 9.11 | 14.38 |
| Omega Ratio | 2.57 | 3.58 |
| Calmar Ratio | 16.19 | 18.63 |
| Martin Ratio | 48.98 | 84.23 |
| Ulcer Index | 0.14% | 0.14% |
| Daily Std Dev | 1.34% | 1.84% |
| Max Drawdown | -7.45% | -10.06% |
| Current Drawdown | -0.41% | -0.09% |
Correlation
The correlation between DBLSX and OSTIX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DBLSX vs. OSTIX - Performance Comparison
In the year-to-date period, DBLSX achieves a 4.55% return, which is significantly lower than OSTIX's 7.23% return. Over the past 10 years, DBLSX has underperformed OSTIX with an annualized return of 2.35%, while OSTIX has yielded a comparatively higher 4.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBLSX vs. OSTIX - Expense Ratio Comparison
DBLSX has a 0.41% expense ratio, which is lower than OSTIX's 0.84% expense ratio.
Risk-Adjusted Performance
DBLSX vs. OSTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Low Duration Bond Fund (DBLSX) and Osterweis Strategic Income Fund (OSTIX). 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.
Dividends
DBLSX vs. OSTIX - Dividend Comparison
DBLSX's dividend yield for the trailing twelve months is around 5.06%, less than OSTIX's 6.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLSX DoubleLine Low Duration Bond Fund | 5.06% | 4.48% | 2.49% | 1.74% | 2.39% | 3.19% | 2.91% | 2.43% | 2.54% | 2.47% | 2.09% | 1.74% |
OSTIX Osterweis Strategic Income Fund | 6.04% | 5.71% | 4.71% | 4.03% | 3.85% | 4.74% | 4.66% | 4.58% | 5.24% | 5.98% | 5.15% | 4.70% |
Drawdowns
DBLSX vs. OSTIX - Drawdown Comparison
The maximum DBLSX drawdown since its inception was -7.45%, smaller than the maximum OSTIX drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for DBLSX and OSTIX. For additional features, visit the drawdowns tool.
Volatility
DBLSX vs. OSTIX - Volatility Comparison
The current volatility for DoubleLine Low Duration Bond Fund (DBLSX) is 0.35%, while Osterweis Strategic Income Fund (OSTIX) has a volatility of 0.40%. This indicates that DBLSX experiences smaller price fluctuations and is considered to be less risky than OSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.