DLTNX vs. LCTIX
DLTNX (DoubleLine Total Return Bond Fund Class N) and LCTIX (Leader Capital High Quality Income Fund Institutional Shares) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past 10 years, DLTNX returned 1.47%/yr vs 5.33%/yr for LCTIX. At a 0.08 correlation, their price movements are largely independent. DLTNX charges 0.75%/yr vs 1.08%/yr for LCTIX.
Performance
DLTNX vs. LCTIX - Performance Comparison
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Returns By Period
In the year-to-date period, DLTNX achieves a -0.21% return, which is significantly lower than LCTIX's 2.03% return. Over the past 10 years, DLTNX has underperformed LCTIX with an annualized return of 1.47%, while LCTIX has yielded a comparatively higher 5.33% annualized return.
DLTNX
- 1D
- -0.23%
- 1M
- 0.49%
- YTD
- -0.21%
- 6M
- -0.02%
- 1Y
- 3.72%
- 3Y*
- 4.16%
- 5Y*
- 0.29%
- 10Y*
- 1.47%
LCTIX
- 1D
- -0.18%
- 1M
- 0.81%
- YTD
- 2.03%
- 6M
- 2.43%
- 1Y
- 5.42%
- 3Y*
- 6.23%
- 5Y*
- 5.18%
- 10Y*
- 5.33%
DLTNX vs. LCTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLTNX DoubleLine Total Return Bond Fund Class N | -0.21% | 7.66% | 2.94% | 4.96% | -12.77% | -0.01% | 3.87% | 5.74% | 1.50% | 3.44% |
LCTIX Leader Capital High Quality Income Fund Institutional Shares | 2.03% | 5.12% | 6.49% | 8.47% | 2.64% | 2.41% | 12.94% | 1.55% | 6.64% | 4.79% |
Correlation
The correlation between DLTNX and LCTIX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2010 | 0.08 |
Over the past year, DLTNX and LCTIX have become more correlated (0.42) than their long-term average of 0.08, meaning their price movements have been converging.
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Return for Risk
DLTNX vs. LCTIX — Risk / Return Rank
DLTNX
LCTIX
DLTNX vs. LCTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class N (DLTNX) and Leader Capital High Quality Income Fund Institutional Shares (LCTIX). 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.
| DLTNX | LCTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -4.20 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.95 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 4.65 | -3.37 |
| Martin ratioReturn relative to average drawdown | 3.61 | 19.73 | -16.13 |
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Drawdowns
DLTNX vs. LCTIX - Drawdown Comparison
The maximum DLTNX drawdown since its inception was -16.94%, smaller than the maximum LCTIX drawdown of -24.76%. Use the drawdown chart below to compare losses from any high point for DLTNX and LCTIX.
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Drawdown Indicators
| DLTNX | LCTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.94% | -24.76% | +7.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -1.17% | -2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -6.65% | -1.29% | -5.36% |
Max Drawdown (5Y)Largest decline over 5 years | -16.94% | -3.70% | -13.24% |
Max Drawdown (10Y)Largest decline over 10 years | -16.94% | -23.61% | +6.67% |
Current DrawdownCurrent decline from peak | -2.18% | -0.18% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -2.54% | -3.84% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 0.28% | +0.85% |
Volatility
DLTNX vs. LCTIX - Volatility Comparison
DoubleLine Total Return Bond Fund Class N (DLTNX) has a higher volatility of 1.30% compared to Leader Capital High Quality Income Fund Institutional Shares (LCTIX) at 0.66%. This indicates that DLTNX's price experiences larger fluctuations and is considered to be riskier than LCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLTNX | LCTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 0.66% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 2.84% | 1.50% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.77% | 2.02% | +1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.54% | 2.25% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.38% | 6.30% | -1.92% |
DLTNX vs. LCTIX - Expense Ratio Comparison
DLTNX has a 0.75% expense ratio, which is lower than LCTIX's 1.08% expense ratio.
Dividends
DLTNX vs. LCTIX - Dividend Comparison
DLTNX's dividend yield for the trailing twelve months is around 4.64%, less than LCTIX's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLTNX DoubleLine Total Return Bond Fund Class N | 4.64% | 4.62% | 4.77% | 4.11% | 3.59% | 2.87% | 3.13% | 3.49% | 3.48% | 3.40% | 3.47% | 3.85% |
LCTIX Leader Capital High Quality Income Fund Institutional Shares | 5.64% | 5.90% | 5.91% | 5.50% | 2.31% | 1.93% | 1.73% | 2.92% | 3.67% | 2.56% | 0.00% | 0.00% |
Frequently Asked Questions
DLTNX and LCTIX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLTNX has higher volatility (1.30%) compared to LCTIX (0.66%). In terms of maximum drawdown, DLTNX dropped -16.94% vs LCTIX's -24.76%.
LCTIX currently has the higher Sharpe Ratio (2.70 vs 1.09), 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.
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