DBND vs. DSCO

Last updated Jul 15, 2026

DBND (DoubleLine Opportunistic Bond ETF) and DSCO (DoubleLine Securitized Credit ETF) are both exchange-traded funds - DBND is a Intermediate Core-Plus Bond fund tracking the Bloomberg US Aggregate Bond Index, while DSCO is a Mortgage Backed Securities fund actively managed by DoubleLine. DBND is passively managed, while DSCO is actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.

Performance

DBND vs. DSCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Opportunistic Bond ETF (DBND) and DoubleLine Securitized Credit ETF (DSCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DBND

• 1D: 0.20%
• 1M: -0.25%
• 6M: -0.56%
• YTD: -0.35%
• 1Y: 3.65%
• 3Y*: 4.34%
• 5Y*: —
• 10Y*: —

DSCO

• 1D: 0.17%
• 1M: 0.42%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBND vs. DSCO - Yearly Performance Comparison

	2026 (YTD)
DBND DoubleLine Opportunistic Bond ETF	-0.72%
DSCO DoubleLine Securitized Credit ETF	1.41%

Correlation

The correlation between DBND and DSCO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.35

Return for Risk

DBND vs. DSCO — Risk / Return Rank

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

DBND

DBND Risk / Return Rank: 35
DBND Sharpe Ratio Rank: 39
DBND Sortino Ratio Rank: 39
DBND Omega Ratio Rank: 36
DBND Calmar Ratio Rank: 32
DBND Martin Ratio Rank: 29

DSCO

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.

DBND vs. DSCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Opportunistic Bond ETF (DBND) and DoubleLine Securitized Credit ETF (DSCO). 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.

	DBND	DSCO	Difference
Sharpe ratio: Return per unit of total volatility	1.13	—	—
Sortino ratio: Return per unit of downside risk	1.66	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.29	—	—
Martin ratio: Return relative to average drawdown	3.36	—	—

Drawdowns

DBND vs. DSCO - Drawdown Comparison

The maximum DBND drawdown since its inception was -9.39%, which is greater than DSCO's maximum drawdown of -1.64%. Use the drawdown chart below to compare losses from any high point for DBND and DSCO.

Drawdown Indicators

	DBND	DSCO	Difference
Max Drawdown Largest peak-to-trough decline	-9.39%	-1.64%	-7.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.25%	—	—
Current Drawdown Current decline from peak	-1.93%	-0.02%	-1.91%
Average Drawdown Average peak-to-trough decline	-2.25%	-0.60%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	—	—

Volatility

Volatility by Period

	DBND	DSCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.23%	2.43%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.06%	2.43%	+2.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.06%	2.43%	+2.63%

DBND vs. DSCO - Expense Ratio Comparison

Both DBND and DSCO have an expense ratio of 0.50%.

Dividends

DBND vs. DSCO - Dividend Comparison

DBND's dividend yield for the trailing twelve months is around 4.80%, more than DSCO's 2.26% yield.

Position	TTM	2025	2024	2023	2022
DBND DoubleLine Opportunistic Bond ETF	4.80%	4.78%	5.19%	4.39%	2.74%
DSCO DoubleLine Securitized Credit ETF	2.26%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBND and DSCO in my portfolio?

DBND and DSCO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DBND or DSCO?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DBND or DSCO?

DBND and DSCO have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, DBND or DSCO?

DBND has the higher dividend yield at 4.80%, compared with 2.26% for DSCO.

What is the main difference between DBND and DSCO?

DBND is categorized as Intermediate Core-Plus Bond, while DSCO is Mortgage Backed Securities.