DSCO vs. DCPE

Last updated Jul 8, 2026

DSCO (DoubleLine Securitized Credit ETF) and DCPE (DoubleLine Shiller CAPE US Equities ETF) are both exchange-traded funds - DSCO is a Mortgage Backed Securities fund actively managed by DoubleLine, while DCPE is a Large Cap Value Equities fund tracking the Shiller Barclays CAPE US Sector Index. DSCO is actively managed, while DCPE is passively managed. At a 0.24 correlation, their price movements are largely independent. DSCO charges 0.50%/yr vs 0.65%/yr for DCPE.

Performance

DSCO vs. DCPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Securitized Credit ETF (DSCO) and DoubleLine Shiller CAPE US Equities ETF (DCPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DSCO

• 1D: -0.16%
• 1M: 0.47%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCPE

• 1D: 1.08%
• 1M: 3.11%
• 6M: 3.14%
• YTD: 3.50%
• 1Y: 5.56%
• 3Y*: 12.45%
• 5Y*: —
• 10Y*: —

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

DSCO vs. DCPE - Yearly Performance Comparison

	2026 (YTD)
DSCO DoubleLine Securitized Credit ETF	1.17%
DCPE DoubleLine Shiller CAPE US Equities ETF	1.26%

Correlation

The correlation between DSCO and DCPE is 0.24, 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 Feb 2, 2026	0.24

Return for Risk

DSCO vs. DCPE — Risk / Return Rank

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

DSCO

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

DCPE

DCPE Risk / Return Rank: 17
DCPE Sharpe Ratio Rank: 17
DCPE Sortino Ratio Rank: 17
DCPE Omega Ratio Rank: 16
DCPE Calmar Ratio Rank: 17
DCPE Martin Ratio Rank: 20

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.

DSCO vs. DCPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Securitized Credit ETF (DSCO) and DoubleLine Shiller CAPE US Equities ETF (DCPE). 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.

	DSCO	DCPE	Difference
Sharpe ratio: Return per unit of total volatility	—	0.50	—
Sortino ratio: Return per unit of downside risk	—	0.80	—
Omega ratio: Gain probability vs. loss probability	—	1.09	—
Calmar ratio: Return relative to maximum drawdown	—	0.58	—
Martin ratio: Return relative to average drawdown	—	2.03	—

Drawdowns

DSCO vs. DCPE - Drawdown Comparison

The maximum DSCO drawdown since its inception was -1.64%, smaller than the maximum DCPE drawdown of -22.07%. Use the drawdown chart below to compare losses from any high point for DSCO and DCPE.

Drawdown Indicators

	DSCO	DCPE	Difference
Max Drawdown Largest peak-to-trough decline	-1.64%	-22.07%	+20.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.32%	—
Current Drawdown Current decline from peak	-0.25%	0.00%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.62%	-4.87%	+4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.74%	—

Volatility

Volatility by Period

	DSCO	DCPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.44%	11.20%	-8.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.44%	16.87%	-14.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.44%	16.87%	-14.43%

DSCO vs. DCPE - Expense Ratio Comparison

DSCO has a 0.50% expense ratio, which is lower than DCPE's 0.65% expense ratio.

Dividends

DSCO vs. DCPE - Dividend Comparison

DSCO's dividend yield for the trailing twelve months is around 2.26%, more than DCPE's 1.36% yield.

Position	TTM	2025	2024	2023	2022
DCPE DoubleLine Shiller CAPE US Equities ETF	1.36%	1.39%	1.23%	1.01%	0.80%
DSCO DoubleLine Securitized Credit ETF	2.26%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DSCO and DCPE in my portfolio?

DSCO and DCPE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DSCO or DCPE?

On fees, DSCO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DSCO or DCPE?

DSCO is cheaper with a 0.50% expense ratio, compared with 0.65% for DCPE.

Which ETF pays a higher dividend yield, DSCO or DCPE?

DSCO has the higher dividend yield at 2.26%, compared with 1.36% for DCPE.

What is the main difference between DSCO and DCPE?

DSCO is categorized as Mortgage Backed Securities, while DCPE is Large Cap Value Equities. Their fees differ too: 0.50% for DSCO and 0.65% for DCPE.