DFLEX vs. CGMS
Compare and contrast key facts about DoubleLine Flexible Income Fund (DFLEX) and Capital Group U.S. Multi-Sector Income ETF (CGMS).
DFLEX is managed by DoubleLine. It was launched on Apr 6, 2014. CGMS is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLEX or CGMS.
Correlation
The correlation between DFLEX and CGMS is 0.19, 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
DFLEX vs. CGMS - Performance Comparison
Key characteristics
DFLEX:
4.84
CGMS:
1.48
DFLEX:
8.27
CGMS:
2.11
DFLEX:
2.45
CGMS:
1.29
DFLEX:
6.44
CGMS:
1.82
DFLEX:
35.86
CGMS:
8.06
DFLEX:
0.21%
CGMS:
0.92%
DFLEX:
1.52%
CGMS:
5.00%
DFLEX:
-17.29%
CGMS:
-4.08%
DFLEX:
-0.34%
CGMS:
-1.20%
Returns By Period
In the year-to-date period, DFLEX achieves a 1.38% return, which is significantly higher than CGMS's 0.89% return.
DFLEX
1.38%
-0.10%
2.73%
7.50%
5.51%
3.12%
CGMS
0.89%
-0.37%
1.68%
7.48%
N/A
N/A
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DFLEX vs. CGMS - Expense Ratio Comparison
DFLEX has a 0.74% expense ratio, which is higher than CGMS's 0.39% expense ratio.
Risk-Adjusted Performance
DFLEX vs. CGMS — Risk-Adjusted Performance Rank
DFLEX
CGMS
DFLEX vs. CGMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Flexible Income Fund (DFLEX) and Capital Group U.S. Multi-Sector Income ETF (CGMS). 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
DFLEX vs. CGMS - Dividend Comparison
DFLEX's dividend yield for the trailing twelve months is around 5.95%, more than CGMS's 5.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLEX DoubleLine Flexible Income Fund | 5.95% | 6.05% | 5.96% | 4.73% | 3.86% | 3.95% | 4.47% | 4.47% | 3.83% | 3.77% | 4.32% | 2.74% |
CGMS Capital Group U.S. Multi-Sector Income ETF | 5.84% | 5.91% | 5.84% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFLEX vs. CGMS - Drawdown Comparison
The maximum DFLEX drawdown since its inception was -17.29%, which is greater than CGMS's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for DFLEX and CGMS. For additional features, visit the drawdowns tool.
Volatility
DFLEX vs. CGMS - Volatility Comparison
The current volatility for DoubleLine Flexible Income Fund (DFLEX) is 0.70%, while Capital Group U.S. Multi-Sector Income ETF (CGMS) has a volatility of 3.05%. This indicates that DFLEX experiences smaller price fluctuations and is considered to be less risky than CGMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.