DMBS vs. DCMT

Last updated Apr 1, 2026

Compare and contrast key facts about Doubleline Etf Trust - Mortgage ETF (DMBS) and DoubleLine Commodity Strategy ETF (DCMT).

DMBS and DCMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMBS is an actively managed fund by DoubleLine. It was launched on Mar 31, 2023. DCMT is an actively managed fund by DoubleLine. It was launched on Jan 31, 2024.

Performance

DMBS vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Etf Trust - Mortgage ETF (DMBS) and DoubleLine Commodity Strategy ETF (DCMT). The values are adjusted to include any dividend payments, if applicable.

DMBS vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DMBS Doubleline Etf Trust - Mortgage ETF	0.28%	8.54%	1.84%
DCMT DoubleLine Commodity Strategy ETF	27.72%	6.04%	4.96%

Returns By Period

In the year-to-date period, DMBS achieves a 0.28% return, which is significantly lower than DCMT's 27.72% return.

DMBS

• 1D: 0.39%
• 1M: -1.81%
• YTD: 0.28%
• 6M: 1.89%
• 1Y: 5.84%
• 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)

DMBS vs. DCMT - Expense Ratio Comparison

DMBS has a 0.49% expense ratio, which is lower than DCMT's 0.66% expense ratio.

DCMT

DoubleLine Commodity Strategy ETF

DMBS

Doubleline Etf Trust - Mortgage ETF

Return for Risk

DMBS vs. DCMT — Risk / Return Rank

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

DMBS

DMBS Risk / Return Rank: 66
DMBS Sharpe Ratio Rank: 68
DMBS Sortino Ratio Rank: 69
DMBS Omega Ratio Rank: 60
DMBS Calmar Ratio Rank: 74
DMBS Martin Ratio Rank: 61

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.

DMBS vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Etf Trust - Mortgage ETF (DMBS) 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.

	DMBS	DCMT	Difference
Sharpe ratio Return per unit of total volatility	1.22	1.62	-0.40
Sortino ratio Return per unit of downside risk	1.77	2.21	-0.44
Omega ratio Gain probability vs. loss probability	1.22	1.30	-0.07
Calmar ratio Return relative to maximum drawdown	1.94	2.70	-0.76
Martin ratio Return relative to average drawdown	6.18	8.42	-2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMBS vs. DCMT - Sharpe Ratio Comparison

The current DMBS Sharpe Ratio is 1.22, which is comparable to the DCMT Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of DMBS 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

	DMBS	DCMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.62	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	1.20	-0.56

Correlation

The correlation between DMBS and DCMT is -0.15. 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

DMBS vs. DCMT - Dividend Comparison

DMBS's dividend yield for the trailing twelve months is around 5.01%, more than DCMT's 2.88% yield.

	TTM	2025	2024	2023
DMBS Doubleline Etf Trust - Mortgage ETF	5.01%	4.96%	4.97%	2.82%
DCMT DoubleLine Commodity Strategy ETF	2.88%	3.67%	1.59%	0.00%

Drawdowns

DMBS vs. DCMT - Drawdown Comparison

The maximum DMBS drawdown since its inception was -8.14%, smaller than the maximum DCMT drawdown of -11.95%. Use the drawdown chart below to compare losses from any high point for DMBS and DCMT.

Drawdown Indicators

	DMBS	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-11.95%	+3.81%
Max Drawdown (1Y) Largest decline over 1 year	-3.09%	-11.05%	+7.96%
Current Drawdown Current decline from peak	-1.81%	-1.56%	-0.25%
Average Drawdown Average peak-to-trough decline	-1.71%	-3.20%	+1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	3.54%	-2.57%

Volatility

DMBS vs. DCMT - Volatility Comparison

The current volatility for Doubleline Etf Trust - Mortgage ETF (DMBS) is 1.87%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 8.79%. This indicates that DMBS 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

	DMBS	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.87%	8.79%	-6.92%
Volatility (6M) Calculated over the trailing 6-month period	2.71%	13.24%	-10.53%
Volatility (1Y) Calculated over the trailing 1-year period	4.79%	17.57%	-12.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.37%	14.83%	-8.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.37%	14.83%	-8.46%