DBSCX vs. JNK
Compare and contrast key facts about Doubleline Selective Credit Fund (DBSCX) and SPDR Barclays High Yield Bond ETF (JNK).
DBSCX is managed by DoubleLine. It was launched on Aug 3, 2014. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBSCX or JNK.
Correlation
The correlation between DBSCX and JNK is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DBSCX vs. JNK - Performance Comparison
Key characteristics
DBSCX:
2.83
JNK:
2.15
DBSCX:
4.17
JNK:
3.09
DBSCX:
1.56
JNK:
1.40
DBSCX:
6.79
JNK:
3.99
DBSCX:
15.22
JNK:
15.03
DBSCX:
0.55%
JNK:
0.63%
DBSCX:
2.96%
JNK:
4.44%
DBSCX:
-14.12%
JNK:
-38.48%
DBSCX:
-0.56%
JNK:
-0.14%
Returns By Period
In the year-to-date period, DBSCX achieves a 0.14% return, which is significantly lower than JNK's 1.03% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: DBSCX at 4.00% and JNK at 4.00%.
DBSCX
0.14%
0.38%
3.68%
8.38%
2.56%
4.00%
JNK
1.03%
1.12%
4.32%
9.23%
3.14%
4.00%
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DBSCX vs. JNK - Expense Ratio Comparison
DBSCX has a 0.05% expense ratio, which is lower than JNK's 0.40% expense ratio.
Risk-Adjusted Performance
DBSCX vs. JNK — Risk-Adjusted Performance Rank
DBSCX
JNK
DBSCX vs. JNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Doubleline Selective Credit Fund (DBSCX) and SPDR Barclays High Yield Bond ETF (JNK). 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
DBSCX vs. JNK - Dividend Comparison
DBSCX's dividend yield for the trailing twelve months is around 7.09%, more than JNK's 6.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBSCX Doubleline Selective Credit Fund | 7.09% | 7.10% | 6.77% | 6.68% | 4.68% | 4.67% | 6.05% | 7.45% | 9.04% | 9.75% | 9.53% | 2.40% |
JNK SPDR Barclays High Yield Bond ETF | 6.56% | 6.63% | 6.38% | 6.06% | 4.26% | 5.11% | 5.44% | 5.90% | 5.60% | 6.55% | 6.60% | 5.99% |
Drawdowns
DBSCX vs. JNK - Drawdown Comparison
The maximum DBSCX drawdown since its inception was -14.12%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for DBSCX and JNK. For additional features, visit the drawdowns tool.
Volatility
DBSCX vs. JNK - Volatility Comparison
The current volatility for Doubleline Selective Credit Fund (DBSCX) is 0.78%, while SPDR Barclays High Yield Bond ETF (JNK) has a volatility of 1.83%. This indicates that DBSCX experiences smaller price fluctuations and is considered to be less risky than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.