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DBLTX vs. DFLEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DBLTX vs. DFLEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Total Return Bond Fund Class I (DBLTX) and DoubleLine Flexible Income Fund (DFLEX). The values are adjusted to include any dividend payments, if applicable.

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DBLTX vs. DFLEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DBLTX
DoubleLine Total Return Bond Fund Class I
-0.20%8.05%3.08%5.34%-12.56%0.24%4.13%5.81%1.76%3.80%
DFLEX
DoubleLine Flexible Income Fund
0.22%6.58%8.65%7.84%-8.48%3.79%2.93%7.21%0.10%5.27%

Returns By Period

In the year-to-date period, DBLTX achieves a -0.20% return, which is significantly lower than DFLEX's 0.22% return. Over the past 10 years, DBLTX has underperformed DFLEX with an annualized return of 1.83%, while DFLEX has yielded a comparatively higher 3.79% annualized return.


DBLTX

1D
0.57%
1M
-2.21%
YTD
-0.20%
6M
1.11%
1Y
4.50%
3Y*
4.26%
5Y*
0.83%
10Y*
1.83%

DFLEX

1D
0.11%
1M
-0.80%
YTD
0.22%
6M
1.54%
1Y
5.12%
3Y*
7.13%
5Y*
3.19%
10Y*
3.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DBLTX vs. DFLEX - Expense Ratio Comparison

DBLTX has a 0.50% expense ratio, which is lower than DFLEX's 0.74% expense ratio.


Return for Risk

DBLTX vs. DFLEX — Risk / Return Rank

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

DBLTX
DBLTX Risk / Return Rank: 6363
Overall Rank
DBLTX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
DBLTX Sortino Ratio Rank: 6666
Sortino Ratio Rank
DBLTX Omega Ratio Rank: 4949
Omega Ratio Rank
DBLTX Calmar Ratio Rank: 7878
Calmar Ratio Rank
DBLTX Martin Ratio Rank: 5757
Martin Ratio Rank

DFLEX
DFLEX Risk / Return Rank: 9898
Overall Rank
DFLEX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
DFLEX Sortino Ratio Rank: 9999
Sortino Ratio Rank
DFLEX Omega Ratio Rank: 9898
Omega Ratio Rank
DFLEX Calmar Ratio Rank: 9898
Calmar Ratio Rank
DFLEX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

DBLTX vs. DFLEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class I (DBLTX) and DoubleLine Flexible Income Fund (DFLEX). 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.


DBLTXDFLEXDifference

Sharpe ratio

Return per unit of total volatility

1.12

3.69

-2.57

Sortino ratio

Return per unit of downside risk

1.62

6.09

-4.46

Omega ratio

Gain probability vs. loss probability

1.20

2.08

-0.88

Calmar ratio

Return relative to maximum drawdown

1.84

4.58

-2.74

Martin ratio

Return relative to average drawdown

5.47

20.46

-14.99

DBLTX vs. DFLEX - Sharpe Ratio Comparison

The current DBLTX Sharpe Ratio is 1.12, which is lower than the DFLEX Sharpe Ratio of 3.69. The chart below compares the historical Sharpe Ratios of DBLTX and DFLEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DBLTXDFLEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

3.69

-2.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.15

1.67

-1.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

1.39

-0.97

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

1.35

-0.43

Correlation

The correlation between DBLTX and DFLEX is 0.52, 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

DBLTX vs. DFLEX - Dividend Comparison

DBLTX's dividend yield for the trailing twelve months is around 4.43%, less than DFLEX's 5.14% yield.


TTM20252024202320222021202020192018201720162015
DBLTX
DoubleLine Total Return Bond Fund Class I
4.43%4.86%5.03%4.35%3.86%3.12%3.39%3.66%3.74%3.65%3.72%4.11%
DFLEX
DoubleLine Flexible Income Fund
5.14%5.68%6.05%5.95%4.72%3.86%3.96%4.46%4.46%3.82%3.75%4.32%

Drawdowns

DBLTX vs. DFLEX - Drawdown Comparison

The maximum DBLTX drawdown since its inception was -16.49%, roughly equal to the maximum DFLEX drawdown of -17.29%. Use the drawdown chart below to compare losses from any high point for DBLTX and DFLEX.


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Drawdown Indicators


DBLTXDFLEXDifference

Max Drawdown

Largest peak-to-trough decline

-16.49%

-17.29%

+0.80%

Max Drawdown (1Y)

Largest decline over 1 year

-2.88%

-1.15%

-1.73%

Max Drawdown (5Y)

Largest decline over 5 years

-16.49%

-11.00%

-5.49%

Max Drawdown (10Y)

Largest decline over 10 years

-16.49%

-17.29%

+0.80%

Current Drawdown

Current decline from peak

-2.21%

-0.80%

-1.41%

Average Drawdown

Average peak-to-trough decline

-2.38%

-1.58%

-0.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

0.26%

+0.71%

Volatility

DBLTX vs. DFLEX - Volatility Comparison

DoubleLine Total Return Bond Fund Class I (DBLTX) has a higher volatility of 1.74% compared to DoubleLine Flexible Income Fund (DFLEX) at 0.56%. This indicates that DBLTX's price experiences larger fluctuations and is considered to be riskier than DFLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DBLTXDFLEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.74%

0.56%

+1.18%

Volatility (6M)

Calculated over the trailing 6-month period

2.64%

0.91%

+1.73%

Volatility (1Y)

Calculated over the trailing 1-year period

4.23%

1.40%

+2.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.56%

1.92%

+3.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.38%

2.73%

+1.65%