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DBMF vs. BJ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DBMF vs. BJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iMGP DBi Managed Futures Strategy ETF (DBMF) and BJ's Wholesale Club Holdings, Inc. (BJ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DBMF achieves a 12.95% return, which is significantly higher than BJ's 3.23% return.


DBMF

1D
-0.25%
1M
3.44%
6M
7.95%
YTD
12.95%
1Y
27.97%
3Y*
10.07%
5Y*
8.70%
10Y*
ALL TIME*
9.43%

BJ

1D
1.81%
1M
7.68%
6M
-4.63%
YTD
3.23%
1Y
-10.81%
3Y*
12.53%
5Y*
12.93%
10Y*
ALL TIME*
20.06%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$149.84M$164.52M$193.09M
$48.88M$50.74M$48.74M

DBMF vs. BJ - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
DBMF
iMGP DBi Managed Futures Strategy ETF
12.95%13.85%7.24%-8.94%21.61%11.49%1.80%10.51%
BJ
BJ's Wholesale Club Holdings, Inc.
3.23%0.76%34.04%0.76%-1.21%79.64%63.94%-13.04%

Correlation

The correlation between DBMF and BJ is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.01

Correlation (3Y)
Balances recent behavior with more history.

0.07

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.02

Correlation (All Time)
Calculated using the full available price history since May 8, 2019

0.04

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Return for Risk

DBMF vs. BJ — Risk / Return Rank

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

DBMF
DBMF Risk / Return Rank: 9191
Overall Rank
DBMF Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
DBMF Sortino Ratio Rank: 8888
Sortino Ratio Rank
DBMF Omega Ratio Rank: 9292
Omega Ratio Rank
DBMF Calmar Ratio Rank: 9393
Calmar Ratio Rank
DBMF Martin Ratio Rank: 9292
Martin Ratio Rank

BJ
BJ Risk / Return Rank: 3131
Overall Rank
BJ Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
BJ Sortino Ratio Rank: 2929
Sortino Ratio Rank
BJ Omega Ratio Rank: 2929
Omega Ratio Rank
BJ Calmar Ratio Rank: 3232
Calmar Ratio Rank
BJ Martin Ratio Rank: 3434
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.

DBMF vs. BJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iMGP DBi Managed Futures Strategy ETF (DBMF) and BJ's Wholesale Club Holdings, Inc. (BJ). 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.


DBMFBJDifference
Sharpe ratioReturn per unit of total volatility

+2.56

Sortino ratioReturn per unit of downside risk

+3.20

Omega ratioGain probability vs. loss probability

1.45

0.97

+0.48

Calmar ratioReturn relative to maximum drawdown

4.59

-0.43

+5.02

Martin ratioReturn relative to average drawdown

15.59

-0.69

+16.29

DBMF vs. BJ - Sharpe Ratio Comparison

The current DBMF Sharpe Ratio is 2.21, which is higher than the BJ Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of DBMF and BJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DBMF vs. BJ - Drawdown Comparison

The maximum DBMF drawdown since its inception was -20.39%, smaller than the maximum BJ drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for DBMF and BJ.


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Drawdown Indicators


DBMFBJDifference

Max Drawdown

Largest peak-to-trough decline

-20.39%

-38.76%

+18.37%

Max Drawdown (1Y)

Largest decline over 1 year

-6.10%

-23.79%

+17.69%

Max Drawdown (3Y)

Largest decline over 3 years

-15.60%

-30.12%

+14.52%

Max Drawdown (5Y)

Largest decline over 5 years

-20.39%

-30.12%

+9.73%

Current Drawdown

Current decline from peak

-0.25%

-22.51%

+22.26%

Average Drawdown

Average peak-to-trough decline

-6.49%

-12.67%

+6.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.79%

14.84%

-13.05%

Volatility

DBMF vs. BJ - Volatility Comparison

The current volatility for iMGP DBi Managed Futures Strategy ETF (DBMF) is 2.42%, while BJ's Wholesale Club Holdings, Inc. (BJ) has a volatility of 7.97%. This indicates that DBMF experiences smaller price fluctuations and is considered to be less risky than BJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DBMFBJDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.42%

7.97%

-5.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.96%

22.54%

-12.58%

Volatility (1Y)

Calculated over the trailing 1-year period

12.66%

29.99%

-17.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.43%

32.42%

-19.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.37%

37.04%

-24.67%

Dividends

DBMF vs. BJ - Dividend Comparison

DBMF's dividend yield for the trailing twelve months is around 5.03%, while BJ has not paid dividends to shareholders.


PositionTTM2025202420232022202120202019
BJ
BJ's Wholesale Club Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DBMF
iMGP DBi Managed Futures Strategy ETF
5.03%5.91%5.75%2.91%7.72%10.38%0.86%9.35%

Frequently Asked Questions


DBMF and BJ have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BJ has higher volatility (7.97%) compared to DBMF (2.42%). In terms of maximum drawdown, DBMF dropped -20.39% vs BJ's -38.76%.

DBMF currently has the higher Sharpe Ratio (2.21 vs -0.34), 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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