DBSCX vs. PLSRX

Last updated Jun 4, 2026

DBSCX (Doubleline Selective Credit Fund) and PLSRX (Pacific Funds Strategic Income) are both Multisector Bonds funds. Over the past 10 years, DBSCX returned 4.60%/yr vs 4.99%/yr for PLSRX. At a 0.45 correlation, their price movements are largely independent. DBSCX charges 0.05%/yr vs 0.64%/yr for PLSRX.

Performance

DBSCX vs. PLSRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Selective Credit Fund (DBSCX) and Pacific Funds Strategic Income (PLSRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBSCX achieves a 1.71% return, which is significantly higher than PLSRX's 1.18% return. Over the past 10 years, DBSCX has underperformed PLSRX with an annualized return of 4.60%, while PLSRX has yielded a comparatively higher 4.99% annualized return.

DBSCX

• 1D: 0.00%
• 1M: 0.39%
• YTD: 1.71%
• 6M: 1.93%
• 1Y: 6.72%
• 3Y*: 7.62%
• 5Y*: 3.82%
• 10Y*: 4.60%

PLSRX

• 1D: 0.00%
• 1M: 0.57%
• YTD: 1.18%
• 6M: 1.44%
• 1Y: 6.33%
• 3Y*: 7.17%
• 5Y*: 3.35%
• 10Y*: 4.99%

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

DBSCX vs. PLSRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBSCX Doubleline Selective Credit Fund	1.71%	8.46%	7.78%	8.55%	-8.10%	4.13%	1.83%	5.68%	3.03%	8.75%
PLSRX Pacific Funds Strategic Income	1.18%	7.40%	6.04%	11.24%	-9.67%	3.61%	9.82%	13.65%	-2.64%	6.85%

Correlation

The correlation between DBSCX and PLSRX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.45

Over the past year, DBSCX and PLSRX have become more correlated (0.71) than their long-term average of 0.45, meaning their price movements have been converging.

Return for Risk

DBSCX vs. PLSRX — Risk / Return Rank

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

DBSCX

DBSCX Risk / Return Rank: 94
DBSCX Sharpe Ratio Rank: 94
DBSCX Sortino Ratio Rank: 95
DBSCX Omega Ratio Rank: 95
DBSCX Calmar Ratio Rank: 93
DBSCX Martin Ratio Rank: 94

PLSRX

PLSRX Risk / Return Rank: 71
PLSRX Sharpe Ratio Rank: 70
PLSRX Sortino Ratio Rank: 77
PLSRX Omega Ratio Rank: 76
PLSRX Calmar Ratio Rank: 62
PLSRX Martin Ratio Rank: 70

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.

DBSCX vs. PLSRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Selective Credit Fund (DBSCX) and Pacific Funds Strategic Income (PLSRX). 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.

	DBSCX	PLSRX	Difference
Sharpe ratio: Return per unit of total volatility	3.27	2.45	+0.83
Sortino ratio: Return per unit of downside risk	5.07	3.72	+1.35
Omega ratio: Gain probability vs. loss probability	1.77	1.50	+0.27
Calmar ratio: Return relative to maximum drawdown	5.11	3.02	+2.09
Martin ratio: Return relative to average drawdown	20.67	13.55	+7.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBSCX vs. PLSRX - Sharpe Ratio Comparison

The current DBSCX Sharpe Ratio is 3.27, which is higher than the PLSRX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of DBSCX and PLSRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DBSCX	PLSRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.27	2.45	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.41	0.84	+0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.59	1.12	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	1.36	+0.24

Drawdowns

DBSCX vs. PLSRX - Drawdown Comparison

The maximum DBSCX drawdown since its inception was -14.12%, smaller than the maximum PLSRX drawdown of -19.88%. Use the drawdown chart below to compare losses from any high point for DBSCX and PLSRX.

Drawdown Indicators

	DBSCX	PLSRX	Difference
Max Drawdown Largest peak-to-trough decline	-14.12%	-19.88%	+5.76%
Max Drawdown (1Y) Largest decline over 1 year	-1.32%	-2.14%	+0.82%
Max Drawdown (3Y) Largest decline over 3 years	-1.91%	-3.29%	+1.38%
Max Drawdown (5Y) Largest decline over 5 years	-9.52%	-13.71%	+4.19%
Max Drawdown (10Y) Largest decline over 10 years	-14.12%	-19.88%	+5.76%
Current Drawdown Current decline from peak	-0.13%	-0.10%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.24%	-1.74%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.33%	0.48%	-0.15%

Volatility

DBSCX vs. PLSRX - Volatility Comparison

The current volatility for Doubleline Selective Credit Fund (DBSCX) is 0.72%, while Pacific Funds Strategic Income (PLSRX) has a volatility of 1.10%. This indicates that DBSCX experiences smaller price fluctuations and is considered to be less risky than PLSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBSCX	PLSRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.72%	1.10%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	1.54%	2.10%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	2.07%	2.64%	-0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.71%	4.01%	-1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.91%	4.46%	-1.55%

DBSCX vs. PLSRX - Expense Ratio Comparison

DBSCX has a 0.05% expense ratio, which is lower than PLSRX's 0.64% expense ratio.

Dividends

DBSCX vs. PLSRX - Dividend Comparison

DBSCX's dividend yield for the trailing twelve months is around 6.57%, more than PLSRX's 5.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBSCX Doubleline Selective Credit Fund	6.57%	6.50%	7.09%	6.77%	6.67%	4.68%	4.64%	6.04%	7.43%	9.01%	9.73%	9.53%
PLSRX Pacific Funds Strategic Income	5.61%	5.67%	5.97%	5.17%	4.73%	4.10%	3.84%	4.32%	4.74%	3.87%	4.14%	4.71%

Frequently Asked Questions

Can I hold both DBSCX and PLSRX in my portfolio?

DBSCX and PLSRX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DBSCX or PLSRX?

PLSRX has higher volatility (1.10%) compared to DBSCX (0.72%). In terms of maximum drawdown, DBSCX dropped -14.12% vs PLSRX's -19.88%.

Which has better risk-adjusted returns?

DBSCX currently has the higher Sharpe Ratio (3.27 vs 2.44), 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.