DLUX vs. GBIL

Last updated Jul 8, 2026

DLUX (DoubleLine Ultrashort Income ETF) and GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) are both exchange-traded funds - DLUX is a Ultrashort Bond fund actively managed by DoubleLine, while GBIL is a Government Bonds fund tracking the FTSE US Treasury 0-1 Year Composite Select Index. DLUX is actively managed, while GBIL is passively managed. At a 0.16 correlation, their price movements are largely independent. DLUX charges 0.18%/yr vs 0.12%/yr for GBIL.

Performance

DLUX vs. GBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Ultrashort Income ETF (DLUX) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DLUX

• 1D: 0.00%
• 1M: 0.42%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBIL

• 1D: 0.00%
• 1M: 0.27%
• 6M: 1.70%
• YTD: 1.73%
• 1Y: 3.83%
• 3Y*: 4.58%
• 5Y*: 3.38%
• 10Y*: —

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

DLUX vs. GBIL - Yearly Performance Comparison

	2026 (YTD)
DLUX DoubleLine Ultrashort Income ETF	1.22%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	0.92%

Correlation

The correlation between DLUX and GBIL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.16

Return for Risk

DLUX vs. GBIL — Risk / Return Rank

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

DLUX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GBIL

GBIL Risk / Return Rank: 100
GBIL Sharpe Ratio Rank: 100
GBIL Sortino Ratio Rank: 100
GBIL Omega Ratio Rank: 100
GBIL Calmar Ratio Rank: 100
GBIL Martin Ratio Rank: 100

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.

DLUX vs. GBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Ultrashort Income ETF (DLUX) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.

	DLUX	GBIL	Difference
Sharpe ratio: Return per unit of total volatility	—	16.79	—
Sortino ratio: Return per unit of downside risk	—	108.91	—
Omega ratio: Gain probability vs. loss probability	—	48.07	—
Calmar ratio: Return relative to maximum drawdown	—	192.40	—
Martin ratio: Return relative to average drawdown	—	1,692.72	—

Drawdowns

DLUX vs. GBIL - Drawdown Comparison

The maximum DLUX drawdown since its inception was -0.13%, smaller than the maximum GBIL drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for DLUX and GBIL.

Drawdown Indicators

	DLUX	GBIL	Difference
Max Drawdown Largest peak-to-trough decline	-0.13%	-0.76%	+0.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.76%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.03%	-0.04%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	DLUX	GBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.91%	0.23%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.91%	0.58%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.91%	0.47%	+0.44%

DLUX vs. GBIL - Expense Ratio Comparison

DLUX has a 0.18% expense ratio, which is higher than GBIL's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DLUX vs. GBIL - Dividend Comparison

DLUX's dividend yield for the trailing twelve months is around 0.80%, less than GBIL's 3.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DLUX DoubleLine Ultrashort Income ETF	0.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	3.72%	4.02%	4.93%	4.77%	1.37%	0.00%	0.81%	2.20%	1.70%	0.74%	0.11%

Frequently Asked Questions

Can I hold both DLUX and GBIL in my portfolio?

DLUX and GBIL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DLUX or GBIL?

On fees, GBIL is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DLUX or GBIL?

GBIL is cheaper with a 0.12% expense ratio, compared with 0.18% for DLUX.

Which ETF pays a higher dividend yield, DLUX or GBIL?

GBIL has the higher dividend yield at 3.72%, compared with 0.80% for DLUX.

What is the main difference between DLUX and GBIL?

DLUX is categorized as Ultrashort Bond, while GBIL is Government Bonds. They also come from different issuers: DoubleLine and Goldman Sachs. Their fees differ too: 0.18% for DLUX and 0.12% for GBIL.