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DBMF vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

DBMF vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iMGP DBi Managed Futures Strategy ETF (DBMF) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


DBMF

1D
0.26%
1M
-1.31%
YTD
10.27%
6M
11.24%
1Y
26.94%
3Y*
9.64%
5Y*
8.01%
10Y*

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DBMF vs. USD=X - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
DBMF
iMGP DBi Managed Futures Strategy ETF
10.27%13.85%7.24%-8.94%21.61%11.49%1.80%10.51%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

DBMF vs. USD=X — Risk / Return Rank

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

DBMF
DBMF Risk / Return Rank: 8484
Overall Rank
DBMF Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
DBMF Sortino Ratio Rank: 7676
Sortino Ratio Rank
DBMF Omega Ratio Rank: 8787
Omega Ratio Rank
DBMF Calmar Ratio Rank: 8888
Calmar Ratio Rank
DBMF Martin Ratio Rank: 8787
Martin Ratio Rank

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iMGP DBi Managed Futures Strategy ETF (DBMF) and USD Cash (USD=X). 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.


DBMFUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.47

Calmar ratioReturn relative to maximum drawdown

4.50

Martin ratioReturn relative to average drawdown

16.30

DBMF vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

DBMF vs. USD=X - Drawdown Comparison

The maximum DBMF drawdown since its inception was -20.39%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DBMF and USD=X.


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Drawdown Indicators


DBMFUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-20.39%

0.00%

-20.39%

Max Drawdown (1Y)

Largest decline over 1 year

-6.10%

0.00%

-6.10%

Max Drawdown (3Y)

Largest decline over 3 years

-15.60%

0.00%

-15.60%

Max Drawdown (5Y)

Largest decline over 5 years

-20.39%

0.00%

-20.39%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

Current Drawdown

Current decline from peak

-1.91%

0.00%

-1.91%

Average Drawdown

Average peak-to-trough decline

-6.56%

0.00%

-6.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.68%

0.00%

+1.68%

Volatility

DBMF vs. USD=X - Volatility Comparison

iMGP DBi Managed Futures Strategy ETF (DBMF) has a higher volatility of 2.71% compared to USD Cash (USD=X) at 0.00%. This indicates that DBMF's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DBMFUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.71%

0.00%

+2.71%

Volatility (6M)

Calculated over the trailing 6-month period

10.00%

0.00%

+10.00%

Volatility (1Y)

Calculated over the trailing 1-year period

12.35%

0.00%

+12.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.55%

0.00%

+12.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.41%

0.00%

+12.41%

Frequently Asked Questions


DBMF has higher volatility (2.71%) compared to USD=X (0.00%). In terms of maximum drawdown, DBMF dropped -20.39% vs USD=X's 0.00%.

Portfolio Optimizer

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