DBLTX vs. WOBDX
Compare and contrast key facts about DoubleLine Total Return Bond Fund Class I (DBLTX) and JPMorgan Core Bond Fund (WOBDX).
DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBLTX or WOBDX.
Key characteristics
| DBLTX | WOBDX | |
|---|---|---|
| YTD Return | 2.92% | 2.12% |
| 1Y Return | 9.48% | 8.36% |
| 3Y Return (Ann) | -1.76% | -2.07% |
| 5Y Return (Ann) | -0.24% | -0.31% |
| 10Y Return (Ann) | 1.52% | 1.30% |
| Sharpe Ratio | 1.60 | 1.46 |
| Sortino Ratio | 2.36 | 2.18 |
| Omega Ratio | 1.29 | 1.26 |
| Calmar Ratio | 0.67 | 0.54 |
| Martin Ratio | 6.07 | 5.44 |
| Ulcer Index | 1.56% | 1.54% |
| Daily Std Dev | 5.94% | 5.72% |
| Max Drawdown | -16.49% | -18.25% |
| Current Drawdown | -6.07% | -8.38% |
Correlation
The correlation between DBLTX and WOBDX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBLTX vs. WOBDX - Performance Comparison
In the year-to-date period, DBLTX achieves a 2.92% return, which is significantly higher than WOBDX's 2.12% return. Over the past 10 years, DBLTX has outperformed WOBDX with an annualized return of 1.52%, while WOBDX has yielded a comparatively lower 1.30% 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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DBLTX vs. WOBDX - Expense Ratio Comparison
Both DBLTX and WOBDX have an expense ratio of 0.50%.
Risk-Adjusted Performance
DBLTX vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class I (DBLTX) and JPMorgan Core Bond Fund (WOBDX). 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
DBLTX vs. WOBDX - Dividend Comparison
DBLTX's dividend yield for the trailing twelve months is around 4.98%, more than WOBDX's 3.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLTX DoubleLine Total Return Bond Fund Class I | 4.98% | 4.36% | 3.84% | 3.13% | 3.39% | 3.67% | 3.74% | 3.66% | 3.72% | 4.11% | 4.77% | 5.16% |
WOBDX JPMorgan Core Bond Fund | 3.92% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
Drawdowns
DBLTX vs. WOBDX - Drawdown Comparison
The maximum DBLTX drawdown since its inception was -16.49%, smaller than the maximum WOBDX drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for DBLTX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
DBLTX vs. WOBDX - Volatility Comparison
The current volatility for DoubleLine Total Return Bond Fund Class I (DBLTX) is 1.48%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.60%. This indicates that DBLTX experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.