DCRE vs. DLUX
DCRE (DoubleLine Commercial Real Estate ETF) and DLUX (DoubleLine Ultrashort Income ETF) are both exchange-traded funds - DCRE is a Short-Term Bond fund actively managed by DoubleLine, while DLUX is a Ultrashort Bond fund actively managed by DoubleLine. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. DCRE charges 0.40%/yr vs 0.18%/yr for DLUX.
Performance
DCRE vs. DLUX - Performance Comparison
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Returns By Period
DCRE
- 1D
- -0.08%
- 1M
- 0.19%
- 6M
- 1.45%
- YTD
- 1.70%
- 1Y
- 4.37%
- 3Y*
- 6.04%
- 5Y*
- —
- 10Y*
- —
DLUX
- 1D
- -0.03%
- 1M
- 0.29%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DCRE vs. DLUX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DCRE DoubleLine Commercial Real Estate ETF | 0.80% |
DLUX DoubleLine Ultrashort Income ETF | 1.20% |
Correlation
The correlation between DCRE and DLUX is 0.12, 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 Apr 1, 2026 | 0.12 |
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Return for Risk
DCRE vs. DLUX — Risk / Return Rank
DCRE
DLUX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DCRE vs. DLUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Commercial Real Estate ETF (DCRE) and DoubleLine Ultrashort Income ETF (DLUX). 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.
| DCRE | DLUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.85 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.44 | — | — |
| Martin ratioReturn relative to average drawdown | 23.34 | — | — |
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Drawdowns
DCRE vs. DLUX - Drawdown Comparison
The maximum DCRE drawdown since its inception was -0.84%, which is greater than DLUX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for DCRE and DLUX.
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Drawdown Indicators
| DCRE | DLUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.84% | -0.13% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -0.68% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -0.84% | — | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.05% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -0.03% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.19% | — | — |
Volatility
DCRE vs. DLUX - Volatility Comparison
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Volatility by Period
| DCRE | DLUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.39% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.92% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.16% | 0.90% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.57% | 0.90% | +0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.57% | 0.90% | +0.67% |
DCRE vs. DLUX - Expense Ratio Comparison
DCRE has a 0.40% expense ratio, which is higher than DLUX's 0.18% expense ratio.
Dividends
DCRE vs. DLUX - Dividend Comparison
DCRE's dividend yield for the trailing twelve months is around 4.76%, more than DLUX's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DCRE DoubleLine Commercial Real Estate ETF | 4.76% | 4.84% | 5.52% | 3.47% |
DLUX DoubleLine Ultrashort Income ETF | 0.80% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DCRE and DLUX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DLUX is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DLUX is cheaper with a 0.18% expense ratio, compared with 0.40% for DCRE.
DCRE has the higher dividend yield at 4.76%, compared with 0.80% for DLUX.
DCRE is categorized as Short-Term Bond, while DLUX is Ultrashort Bond. Their fees differ too: 0.40% for DCRE and 0.18% for DLUX.
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