DFLEX vs. RPIEX
Compare and contrast key facts about DoubleLine Flexible Income Fund (DFLEX) and T. Rowe Price Dynamic Global Bond Fund (RPIEX).
DFLEX is managed by DoubleLine. It was launched on Apr 6, 2014. RPIEX is managed by T. Rowe Price. It was launched on Jan 21, 2015.
Performance
DFLEX vs. RPIEX - Performance Comparison
Loading graphics...
DFLEX vs. RPIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFLEX DoubleLine Flexible Income Fund | 0.22% | 6.58% | 8.65% | 7.84% | -8.48% | 3.79% | 2.93% | 7.21% | 0.10% | 5.27% |
RPIEX T. Rowe Price Dynamic Global Bond Fund | -1.77% | 7.23% | 5.38% | -4.51% | 3.08% | 0.08% | 9.42% | -0.39% | 0.89% | -1.89% |
Returns By Period
In the year-to-date period, DFLEX achieves a 0.22% return, which is significantly higher than RPIEX's -1.77% return. Over the past 10 years, DFLEX has outperformed RPIEX with an annualized return of 3.79%, while RPIEX has yielded a comparatively lower 1.98% annualized return.
DFLEX
- 1D
- 0.11%
- 1M
- -0.80%
- YTD
- 0.22%
- 6M
- 1.54%
- 1Y
- 5.12%
- 3Y*
- 7.13%
- 5Y*
- 3.19%
- 10Y*
- 3.79%
RPIEX
- 1D
- -0.27%
- 1M
- -2.66%
- YTD
- -1.77%
- 6M
- -0.33%
- 1Y
- 3.67%
- 3Y*
- 1.71%
- 5Y*
- 1.24%
- 10Y*
- 1.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DFLEX vs. RPIEX - Expense Ratio Comparison
DFLEX has a 0.74% expense ratio, which is higher than RPIEX's 0.71% expense ratio.
Return for Risk
DFLEX vs. RPIEX — Risk / Return Rank
DFLEX
RPIEX
DFLEX vs. RPIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Flexible Income Fund (DFLEX) and T. Rowe Price Dynamic Global Bond Fund (RPIEX). 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.
| DFLEX | RPIEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.69 | 1.06 | +2.63 |
Sortino ratioReturn per unit of downside risk | 6.09 | 1.62 | +4.47 |
Omega ratioGain probability vs. loss probability | 2.08 | 1.22 | +0.86 |
Calmar ratioReturn relative to maximum drawdown | 4.58 | 1.17 | +3.41 |
Martin ratioReturn relative to average drawdown | 20.46 | 4.32 | +16.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DFLEX | RPIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.69 | 1.06 | +2.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.67 | 0.26 | +1.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.39 | 0.48 | +0.91 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.50 | +0.85 |
Correlation
The correlation between DFLEX and RPIEX is -0.18. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
DFLEX vs. RPIEX - Dividend Comparison
DFLEX's dividend yield for the trailing twelve months is around 5.14%, less than RPIEX's 10.84% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLEX DoubleLine Flexible Income Fund | 5.14% | 5.68% | 6.05% | 5.95% | 4.72% | 3.86% | 3.96% | 4.46% | 4.46% | 3.82% | 3.75% | 4.32% |
RPIEX T. Rowe Price Dynamic Global Bond Fund | 10.84% | 10.00% | 4.95% | 4.68% | 15.28% | 3.76% | 1.93% | 2.51% | 4.36% | 0.61% | 2.72% | 0.00% |
Drawdowns
DFLEX vs. RPIEX - Drawdown Comparison
The maximum DFLEX drawdown since its inception was -17.29%, which is greater than RPIEX's maximum drawdown of -9.59%. Use the drawdown chart below to compare losses from any high point for DFLEX and RPIEX.
Loading graphics...
Drawdown Indicators
| DFLEX | RPIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.29% | -9.59% | -7.70% |
Max Drawdown (1Y)Largest decline over 1 year | -1.15% | -3.34% | +2.19% |
Max Drawdown (5Y)Largest decline over 5 years | -11.00% | -9.59% | -1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -17.29% | -9.59% | -7.70% |
Current DrawdownCurrent decline from peak | -0.80% | -3.34% | +2.54% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -2.59% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.91% | -0.65% |
Volatility
DFLEX vs. RPIEX - Volatility Comparison
The current volatility for DoubleLine Flexible Income Fund (DFLEX) is 0.56%, while T. Rowe Price Dynamic Global Bond Fund (RPIEX) has a volatility of 2.13%. This indicates that DFLEX experiences smaller price fluctuations and is considered to be less risky than RPIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DFLEX | RPIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 2.13% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 0.91% | 3.29% | -2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.40% | 3.97% | -2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.92% | 4.84% | -2.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.73% | 4.14% | -1.41% |