DBLSX vs. SPSB
Compare and contrast key facts about DoubleLine Low Duration Bond Fund (DBLSX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB).
DBLSX is managed by DoubleLine. It was launched on Sep 30, 2011. SPSB is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index. It was launched on Dec 16, 2009.
Performance
DBLSX vs. SPSB - Performance Comparison
Loading graphics...
DBLSX vs. SPSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBLSX DoubleLine Low Duration Bond Fund | 0.36% | 5.74% | 5.32% | 6.76% | -2.69% | 0.70% | 2.02% | 4.73% | 1.40% | 2.65% |
SPSB SPDR Portfolio Short Term Corporate Bond ETF | 0.28% | 5.86% | 5.25% | 5.60% | -3.31% | -0.20% | 3.83% | 5.21% | 1.45% | 1.58% |
Returns By Period
In the year-to-date period, DBLSX achieves a 0.36% return, which is significantly higher than SPSB's 0.28% return. Over the past 10 years, DBLSX has outperformed SPSB with an annualized return of 2.88%, while SPSB has yielded a comparatively lower 2.61% annualized return.
DBLSX
- 1D
- 0.10%
- 1M
- -0.52%
- YTD
- 0.36%
- 6M
- 1.52%
- 1Y
- 4.48%
- 3Y*
- 5.40%
- 5Y*
- 3.11%
- 10Y*
- 2.88%
SPSB
- 1D
- 0.17%
- 1M
- -0.48%
- YTD
- 0.28%
- 6M
- 1.46%
- 1Y
- 4.49%
- 3Y*
- 5.17%
- 5Y*
- 2.64%
- 10Y*
- 2.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DBLSX vs. SPSB - Expense Ratio Comparison
DBLSX has a 0.41% expense ratio, which is higher than SPSB's 0.07% expense ratio.
Return for Risk
DBLSX vs. SPSB — Risk / Return Rank
DBLSX
SPSB
DBLSX vs. SPSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Low Duration Bond Fund (DBLSX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB). 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.
| DBLSX | SPSB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.69 | 3.01 | +0.68 |
Sortino ratioReturn per unit of downside risk | 5.93 | 4.62 | +1.31 |
Omega ratioGain probability vs. loss probability | 2.04 | 1.68 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 6.46 | 5.22 | +1.24 |
Martin ratioReturn relative to average drawdown | 28.25 | 21.58 | +6.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DBLSX | SPSB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.69 | 3.01 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.27 | 1.35 | +0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.05 | 0.86 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.86 | -0.81 |
Correlation
The correlation between DBLSX and SPSB is 0.42, 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
DBLSX vs. SPSB - Dividend Comparison
DBLSX's dividend yield for the trailing twelve months is around 4.19%, less than SPSB's 4.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLSX DoubleLine Low Duration Bond Fund | 4.19% | 4.64% | 5.09% | 4.49% | 2.50% | 1.72% | 2.37% | 3.21% | 2.92% | 2.42% | 2.52% | 2.47% |
SPSB SPDR Portfolio Short Term Corporate Bond ETF | 4.50% | 4.55% | 4.85% | 4.05% | 1.92% | 1.19% | 1.94% | 2.77% | 2.36% | 1.94% | 1.65% | 1.43% |
Drawdowns
DBLSX vs. SPSB - Drawdown Comparison
The maximum DBLSX drawdown since its inception was -57.22%, which is greater than SPSB's maximum drawdown of -11.75%. Use the drawdown chart below to compare losses from any high point for DBLSX and SPSB.
Loading graphics...
Drawdown Indicators
| DBLSX | SPSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.22% | -11.75% | -45.47% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -0.87% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -4.71% | -5.96% | +1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -57.22% | -11.75% | -45.47% |
Current DrawdownCurrent decline from peak | -45.38% | -0.48% | -44.90% |
Average DrawdownAverage peak-to-trough decline | -31.35% | -0.55% | -30.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.17% | 0.21% | -0.04% |
Volatility
DBLSX vs. SPSB - Volatility Comparison
The current volatility for DoubleLine Low Duration Bond Fund (DBLSX) is 0.47%, while SPDR Portfolio Short Term Corporate Bond ETF (SPSB) has a volatility of 0.64%. This indicates that DBLSX experiences smaller price fluctuations and is considered to be less risky than SPSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DBLSX | SPSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.47% | 0.64% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 0.80% | 0.87% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 1.50% | -0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.38% | 1.97% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.98% | 3.06% | +60.92% |