DFVE vs. DCMT

Last updated Apr 1, 2026

Compare and contrast key facts about Doubleline Fortune 500 Equal Weight ETF (DFVE) and DoubleLine Commodity Strategy ETF (DCMT).

DFVE and DCMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFVE is a passively managed fund by DoubleLine that tracks the performance of the Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross. It was launched on Jan 31, 2024. DCMT is an actively managed fund by DoubleLine. It was launched on Jan 31, 2024.

Performance

DFVE vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Fortune 500 Equal Weight ETF (DFVE) and DoubleLine Commodity Strategy ETF (DCMT). The values are adjusted to include any dividend payments, if applicable.

DFVE vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DFVE Doubleline Fortune 500 Equal Weight ETF	1.77%	14.51%	13.70%
DCMT DoubleLine Commodity Strategy ETF	27.72%	6.04%	4.96%

Returns By Period

In the year-to-date period, DFVE achieves a 1.77% return, which is significantly lower than DCMT's 27.72% return.

DFVE

• 1D: 1.90%
• 1M: -5.33%
• YTD: 1.77%
• 6M: 3.98%
• 1Y: 16.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: -1.56%
• 1M: 15.33%
• YTD: 27.72%
• 6M: 27.84%
• 1Y: 28.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFVE vs. DCMT - Expense Ratio Comparison

DFVE has a 0.20% expense ratio, which is lower than DCMT's 0.66% expense ratio.

DCMT

DoubleLine Commodity Strategy ETF

DFVE

Doubleline Fortune 500 Equal Weight ETF

Return for Risk

DFVE vs. DCMT — Risk / Return Rank

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

DFVE

DFVE Risk / Return Rank: 54
DFVE Sharpe Ratio Rank: 50
DFVE Sortino Ratio Rank: 52
DFVE Omega Ratio Rank: 52
DFVE Calmar Ratio Rank: 54
DFVE Martin Ratio Rank: 62

DCMT

DCMT Risk / Return Rank: 81
DCMT Sharpe Ratio Rank: 81
DCMT Sortino Ratio Rank: 82
DCMT Omega Ratio Rank: 76
DCMT Calmar Ratio Rank: 86
DCMT Martin Ratio Rank: 76

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.

DFVE vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Fortune 500 Equal Weight ETF (DFVE) and DoubleLine Commodity Strategy ETF (DCMT). 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.

	DFVE	DCMT	Difference
Sharpe ratio Return per unit of total volatility	0.93	1.62	-0.69
Sortino ratio Return per unit of downside risk	1.42	2.21	-0.79
Omega ratio Gain probability vs. loss probability	1.20	1.30	-0.10
Calmar ratio Return relative to maximum drawdown	1.41	2.70	-1.29
Martin ratio Return relative to average drawdown	6.28	8.42	-2.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFVE vs. DCMT - Sharpe Ratio Comparison

The current DFVE Sharpe Ratio is 0.93, which is lower than the DCMT Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of DFVE and DCMT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DFVE	DCMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.62	-0.69
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.20	-0.32

Correlation

The correlation between DFVE and DCMT is 0.09, 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.

Dividends

DFVE vs. DCMT - Dividend Comparison

DFVE's dividend yield for the trailing twelve months is around 1.49%, less than DCMT's 2.88% yield.

	TTM	2025	2024
DFVE Doubleline Fortune 500 Equal Weight ETF	1.49%	1.52%	1.53%
DCMT DoubleLine Commodity Strategy ETF	2.88%	3.67%	1.59%

Drawdowns

DFVE vs. DCMT - Drawdown Comparison

The maximum DFVE drawdown since its inception was -19.43%, which is greater than DCMT's maximum drawdown of -11.95%. Use the drawdown chart below to compare losses from any high point for DFVE and DCMT.

Drawdown Indicators

	DFVE	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-19.43%	-11.95%	-7.48%
Max Drawdown (1Y) Largest decline over 1 year	-13.38%	-11.05%	-2.33%
Current Drawdown Current decline from peak	-5.79%	-1.56%	-4.23%
Average Drawdown Average peak-to-trough decline	-2.87%	-3.20%	+0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	3.54%	-0.54%

Volatility

DFVE vs. DCMT - Volatility Comparison

The current volatility for Doubleline Fortune 500 Equal Weight ETF (DFVE) is 4.39%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 8.79%. This indicates that DFVE experiences smaller price fluctuations and is considered to be less risky than DCMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFVE	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	8.79%	-4.40%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	13.24%	-3.61%
Volatility (1Y) Calculated over the trailing 1-year period	18.37%	17.57%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	14.83%	+0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.82%	14.83%	+0.99%