DLFNX vs. DBCMX
DLFNX (DoubleLine Core Fixed Income Fund) and DBCMX (DoubleLine Strategic Commodity Fund) are both mutual funds - DLFNX is a Intermediate Core-Plus Bond fund managed by DoubleLine, while DBCMX is a Commodities fund managed by DoubleLine. Over the past 10 years, DLFNX returned 1.52%/yr vs 7.53%/yr for DBCMX. Their -0.09 correlation means they have often moved in opposite directions in the past. DLFNX charges 0.73%/yr vs 1.02%/yr for DBCMX.
Performance
DLFNX vs. DBCMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DLFNX achieves a -0.73% return, which is significantly lower than DBCMX's 29.78% return. Over the past 10 years, DLFNX has underperformed DBCMX with an annualized return of 1.52%, while DBCMX has yielded a comparatively higher 7.53% annualized return.
DLFNX
- 1D
- 0.11%
- 1M
- -0.66%
- 6M
- -1.04%
- YTD
- -0.73%
- 1Y
- 1.75%
- 3Y*
- 4.19%
- 5Y*
- 0.03%
- 10Y*
- 1.52%
- ALL TIME*
- 3.05%
DBCMX
- 1D
- -0.43%
- 1M
- 8.57%
- 6M
- 23.78%
- YTD
- 29.78%
- 1Y
- 35.56%
- 3Y*
- 9.18%
- 5Y*
- 9.45%
- 10Y*
- 7.53%
- ALL TIME*
- 7.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DLFNX vs. DBCMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLFNX DoubleLine Core Fixed Income Fund | -0.73% | 7.28% | 2.77% | 6.18% | -13.08% | -0.50% | 5.25% | 7.82% | -0.27% | 4.41% |
DBCMX DoubleLine Strategic Commodity Fund | 29.78% | 6.10% | 0.45% | -3.96% | 13.40% | 31.24% | -6.07% | 4.78% | -10.65% | 9.17% |
Correlation
The correlation between DLFNX and DBCMX is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.32 |
Correlation (3Y) Balances recent behavior with more history. | -0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.10 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | -0.09 |
Over the past year, the inverse relationship between DLFNX and DBCMX has strengthened: their correlation has moved from -0.09 to -0.32, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DLFNX vs. DBCMX — Risk / Return Rank
DLFNX
DBCMX
DLFNX vs. DBCMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Core Fixed Income Fund (DLFNX) and DoubleLine Strategic Commodity Fund (DBCMX). 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.
| DLFNX | DBCMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.39 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 2.79 | -1.91 |
| Martin ratioReturn relative to average drawdown | 2.11 | 10.33 | -8.22 |
Loading charts...
Drawdowns
DLFNX vs. DBCMX - Drawdown Comparison
The maximum DLFNX drawdown since its inception was -17.33%, smaller than the maximum DBCMX drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for DLFNX and DBCMX.
Loading charts...
Drawdown Indicators
| DLFNX | DBCMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.33% | -37.62% | +20.29% |
Max Drawdown (1Y)Largest decline over 1 year | -2.96% | -11.98% | +9.02% |
Max Drawdown (3Y)Largest decline over 3 years | -4.82% | -14.75% | +9.93% |
Max Drawdown (5Y)Largest decline over 5 years | -17.33% | -27.60% | +10.27% |
Max Drawdown (10Y)Largest decline over 10 years | -17.33% | -37.62% | +20.29% |
Current DrawdownCurrent decline from peak | -2.28% | -3.20% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -13.16% | +10.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 3.25% | -2.02% |
Volatility
DLFNX vs. DBCMX - Volatility Comparison
The current volatility for DoubleLine Core Fixed Income Fund (DLFNX) is 1.08%, while DoubleLine Strategic Commodity Fund (DBCMX) has a volatility of 4.43%. This indicates that DLFNX experiences smaller price fluctuations and is considered to be less risky than DBCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DLFNX | DBCMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 4.43% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 12.88% | -9.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 14.67% | -11.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.28% | 16.24% | -10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.31% | 14.61% | -10.30% |
DLFNX vs. DBCMX - Expense Ratio Comparison
DLFNX has a 0.73% expense ratio, which is lower than DBCMX's 1.02% expense ratio.
Dividends
DLFNX vs. DBCMX - Dividend Comparison
DLFNX's dividend yield for the trailing twelve months is around 4.12%, more than DBCMX's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBCMX DoubleLine Strategic Commodity Fund | 2.34% | 3.04% | 2.89% | 3.30% | 46.88% | 13.53% | 0.00% | 1.04% | 1.21% | 5.23% | 0.51% | 0.00% |
DLFNX DoubleLine Core Fixed Income Fund | 4.12% | 4.62% | 4.96% | 4.41% | 3.72% | 2.87% | 2.92% | 3.17% | 3.10% | 2.65% | 2.71% | 3.34% |
Frequently Asked Questions
DLFNX and DBCMX have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBCMX has higher volatility (4.43%) compared to DLFNX (1.08%). In terms of maximum drawdown, DLFNX dropped -17.33% vs DBCMX's -37.62%.
DBCMX currently has the higher Sharpe Ratio (2.28 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DLFNX and DBCMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer