DBSCX vs. SPY
Compare and contrast key facts about Doubleline Selective Credit Fund (DBSCX) and SPDR S&P 500 ETF (SPY).
DBSCX is managed by DoubleLine. It was launched on Aug 3, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBSCX or SPY.
Correlation
The correlation between DBSCX and SPY is 0.01, 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. SPY - Performance Comparison
Key characteristics
DBSCX:
3.23
SPY:
0.30
DBSCX:
4.96
SPY:
0.56
DBSCX:
1.64
SPY:
1.08
DBSCX:
5.71
SPY:
0.31
DBSCX:
18.74
SPY:
1.40
DBSCX:
0.49%
SPY:
4.18%
DBSCX:
2.84%
SPY:
19.64%
DBSCX:
-14.12%
SPY:
-55.19%
DBSCX:
-1.20%
SPY:
-13.86%
Returns By Period
In the year-to-date period, DBSCX achieves a 1.62% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, DBSCX has underperformed SPY with an annualized return of 4.01%, while SPY has yielded a comparatively higher 11.59% annualized return.
DBSCX
1.62%
-0.79%
2.12%
9.01%
5.09%
4.01%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DBSCX vs. SPY - Expense Ratio Comparison
DBSCX has a 0.05% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DBSCX vs. SPY — Risk-Adjusted Performance Rank
DBSCX
SPY
DBSCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Doubleline Selective Credit Fund (DBSCX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
DBSCX's dividend yield for the trailing twelve months is around 7.02%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBSCX Doubleline Selective Credit Fund | 7.02% | 7.10% | 6.77% | 6.68% | 4.68% | 4.67% | 6.05% | 7.45% | 9.04% | 9.75% | 9.53% | 2.40% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DBSCX vs. SPY - Drawdown Comparison
The maximum DBSCX drawdown since its inception was -14.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DBSCX and SPY. For additional features, visit the drawdowns tool.
Volatility
DBSCX vs. SPY - Volatility Comparison
The current volatility for Doubleline Selective Credit Fund (DBSCX) is 0.94%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that DBSCX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.