DMBS vs. HTAB

Last updated Jun 4, 2026

DMBS (Doubleline Etf Trust - Mortgage ETF) and HTAB (Hartford Schroders Tax-Aware Bond ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past 3 years, DMBS returned 4.62%/yr vs 3.43%/yr for HTAB. A 0.72 correlation means they provide meaningful diversification when combined. DMBS charges 0.49%/yr vs 0.39%/yr for HTAB.

Performance

DMBS vs. HTAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Doubleline Etf Trust - Mortgage ETF (DMBS) and Hartford Schroders Tax-Aware Bond ETF (HTAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DMBS achieves a 0.51% return, which is significantly lower than HTAB's 1.48% return.

DMBS

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.51%
• 6M: 0.61%
• 1Y: 6.86%
• 3Y*: 4.62%
• 5Y*: —
• 10Y*: —

HTAB

• 1D: -0.05%
• 1M: 0.66%
• YTD: 1.48%
• 6M: 1.64%
• 1Y: 6.89%
• 3Y*: 3.43%
• 5Y*: 0.69%
• 10Y*: —

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

DMBS vs. HTAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DMBS Doubleline Etf Trust - Mortgage ETF	0.51%	8.54%	2.09%	1.31%
HTAB Hartford Schroders Tax-Aware Bond ETF	1.48%	2.86%	1.52%	2.95%

Correlation

The correlation between DMBS and HTAB is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Apr 5, 2023	0.72

The correlation between DMBS and HTAB has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

Return for Risk

DMBS vs. HTAB — Risk / Return Rank

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

DMBS

DMBS Risk / Return Rank: 48
DMBS Sharpe Ratio Rank: 48
DMBS Sortino Ratio Rank: 52
DMBS Omega Ratio Rank: 48
DMBS Calmar Ratio Rank: 44
DMBS Martin Ratio Rank: 47

HTAB

HTAB Risk / Return Rank: 51
HTAB Sharpe Ratio Rank: 50
HTAB Sortino Ratio Rank: 53
HTAB Omega Ratio Rank: 53
HTAB Calmar Ratio Rank: 49
HTAB Martin Ratio Rank: 47

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. HTAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doubleline Etf Trust - Mortgage ETF (DMBS) and Hartford Schroders Tax-Aware Bond ETF (HTAB). 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	HTAB	Difference
Sharpe ratio Return per unit of total volatility	1.65	1.72	-0.07
Sortino ratio Return per unit of downside risk	2.49	2.56	-0.08
Omega ratio Gain probability vs. loss probability	1.30	1.33	-0.03
Calmar ratio Return relative to maximum drawdown	2.15	2.43	-0.27
Martin ratio Return relative to average drawdown	7.62	7.68	-0.06
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. HTAB - Sharpe Ratio Comparison

The current DMBS Sharpe Ratio is 1.65, which is comparable to the HTAB Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of DMBS and HTAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DMBS	HTAB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	1.72	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.44	+0.18

Drawdowns

DMBS vs. HTAB - Drawdown Comparison

The maximum DMBS drawdown since its inception was -8.14%, smaller than the maximum HTAB drawdown of -14.76%. Use the drawdown chart below to compare losses from any high point for DMBS and HTAB.

Drawdown Indicators

	DMBS	HTAB	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-14.76%	+6.62%
Max Drawdown (1Y) Largest decline over 1 year	-3.20%	-2.85%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-7.24%	-8.42%	+1.18%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.76%	—
Current Drawdown Current decline from peak	-1.59%	-0.86%	-0.73%
Average Drawdown Average peak-to-trough decline	-1.70%	-2.89%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	0.90%	0.00%

Volatility

DMBS vs. HTAB - Volatility Comparison

Doubleline Etf Trust - Mortgage ETF (DMBS) has a higher volatility of 1.61% compared to Hartford Schroders Tax-Aware Bond ETF (HTAB) at 1.25%. This indicates that DMBS's price experiences larger fluctuations and is considered to be riskier than HTAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMBS	HTAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	1.25%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	3.02%	2.80%	+0.22%
Volatility (1Y) Calculated over the trailing 1-year period	4.18%	4.02%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.28%	5.74%	+0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.28%	5.17%	+1.11%

DMBS vs. HTAB - Expense Ratio Comparison

DMBS has a 0.49% expense ratio, which is higher than HTAB's 0.39% expense ratio.

Dividends

DMBS vs. HTAB - Dividend Comparison

DMBS's dividend yield for the trailing twelve months is around 5.12%, more than HTAB's 3.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DMBS Doubleline Etf Trust - Mortgage ETF	5.12%	4.96%	4.97%	2.82%	0.00%	0.00%	0.00%	0.00%	0.00%
HTAB Hartford Schroders Tax-Aware Bond ETF	3.83%	3.88%	3.57%	3.21%	2.26%	2.18%	1.64%	2.77%	1.61%

Frequently Asked Questions

Can I hold both DMBS and HTAB in my portfolio?

DMBS and HTAB have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DMBS or HTAB?

DMBS has higher volatility (1.61%) compared to HTAB (1.25%). In terms of maximum drawdown, DMBS dropped -8.14% vs HTAB's -14.76%.

Which ETF is better, DMBS or HTAB?

On 3-year performance, DMBS leads with 4.62% vs 3.43% for HTAB. On fees, HTAB is cheaper at 0.39% per year. On volatility, HTAB has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DMBS or HTAB?

Over the 3-year period, DMBS has performed better with a 4.62% return vs 3.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DMBS or HTAB?

HTAB is cheaper with a 0.39% expense ratio, compared with 0.49% for DMBS.

Which ETF pays a higher dividend yield, DMBS or HTAB?

DMBS has the higher dividend yield at 5.12%, compared with 3.83% for HTAB.

What is the main difference between DMBS and HTAB?

They also come from different issuers: DoubleLine and Hartford. Their fees differ too: 0.49% for DMBS and 0.39% for HTAB.

Which has better risk-adjusted returns?

HTAB currently has the higher Sharpe Ratio (1.72 vs 1.65), 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.