DCMT vs. DSCO

Last updated Jul 14, 2026

DCMT (DoubleLine Commodity Strategy ETF) and DSCO (DoubleLine Securitized Credit ETF) are both exchange-traded funds - DCMT is a Commodities fund actively managed by DoubleLine, while DSCO is a Mortgage Backed Securities fund actively managed by DoubleLine. Both are actively managed. At a correlation of -0.17, they often move in opposite directions. DCMT charges 0.66%/yr vs 0.50%/yr for DSCO.

Performance

DCMT vs. DSCO - Performance Comparison

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

Returns By Period

DCMT

• 1D: 2.59%
• 1M: -0.52%
• 6M: 21.60%
• YTD: 25.74%
• 1Y: 28.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DSCO

• 1D: -0.14%
• 1M: 0.25%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DCMT vs. DSCO - Yearly Performance Comparison

	2026 (YTD)
DCMT DoubleLine Commodity Strategy ETF	15.79%
DSCO DoubleLine Securitized Credit ETF	1.23%

Correlation

The correlation between DCMT and DSCO is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	-0.17

Return for Risk

DCMT vs. DSCO — Risk / Return Rank

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

DCMT

DCMT Risk / Return Rank: 51
DCMT Sharpe Ratio Rank: 57
DCMT Sortino Ratio Rank: 55
DCMT Omega Ratio Rank: 53
DCMT Calmar Ratio Rank: 44
DCMT Martin Ratio Rank: 49

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.

DCMT vs. DSCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Commodity Strategy ETF (DCMT) 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.

	DCMT	DSCO	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.11	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.78	—	—
Martin ratio: Return relative to average drawdown	6.45	—	—

Drawdowns

DCMT vs. DSCO - Drawdown Comparison

The maximum DCMT drawdown since its inception was -15.96%, which is greater than DSCO's maximum drawdown of -1.64%. Use the drawdown chart below to compare losses from any high point for DCMT and DSCO.

Drawdown Indicators

	DCMT	DSCO	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	-1.64%	-14.32%
Max Drawdown (1Y) Largest decline over 1 year	-15.96%	—	—
Current Drawdown Current decline from peak	-9.74%	-0.19%	-9.55%
Average Drawdown Average peak-to-trough decline	-3.51%	-0.60%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.40%	—	—

Volatility

Volatility by Period

	DCMT	DSCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.80%	2.43%	+16.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.03%	2.43%	+13.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	2.43%	+13.60%

DCMT vs. DSCO - Expense Ratio Comparison

DCMT has a 0.66% expense ratio, which is higher than DSCO's 0.50% expense ratio.

Dividends

DCMT vs. DSCO - Dividend Comparison

DCMT's dividend yield for the trailing twelve months is around 2.92%, more than DSCO's 2.26% yield.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	2.92%	3.67%	1.59%
DSCO DoubleLine Securitized Credit ETF	2.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DCMT and DSCO in my portfolio?

DCMT and DSCO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DCMT or DSCO?

On fees, DSCO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DCMT or DSCO?

DSCO is cheaper with a 0.50% expense ratio, compared with 0.66% for DCMT.

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

DCMT has the higher dividend yield at 2.92%, compared with 2.26% for DSCO.

What is the main difference between DCMT and DSCO?

DCMT is categorized as Commodities, while DSCO is Mortgage Backed Securities. Their fees differ too: 0.66% for DCMT and 0.50% for DSCO.