DSEUX vs. DBLIX

Last updated Jun 4, 2026

DSEUX (DoubleLine Shiller Enhanced International CAPE) and DBLIX (DoubleLine Income Fund) are both mutual funds - DSEUX is a Europe Equities fund managed by DoubleLine, while DBLIX is a Multisector Bonds fund managed by DoubleLine. At a 0.15 correlation, their price movements are largely independent. DSEUX charges 0.61%/yr vs 0.65%/yr for DBLIX.

Performance

DSEUX vs. DBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Shiller Enhanced International CAPE (DSEUX) and DoubleLine Income Fund (DBLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DSEUX

• 1D: -0.20%
• 1M: 3.29%
• YTD: 14.47%
• 6M: 16.05%
• 1Y: 29.54%
• 3Y*: 15.50%
• 5Y*: 6.81%
• 10Y*: —

DBLIX

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

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

DSEUX vs. DBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DSEUX DoubleLine Shiller Enhanced International CAPE	14.47%	29.25%	-3.73%	17.30%	-17.38%	18.40%	10.73%	6.29%
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-13.31%	5.72%	-5.09%	0.39%

Correlation

The correlation between DSEUX and DBLIX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Sep 5, 2019	0.15

The correlation between DSEUX and DBLIX shifts across timeframes, from 0.14 (1 year) to 0.25 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

DSEUX vs. DBLIX — Risk / Return Rank

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

DSEUX

DSEUX Risk / Return Rank: 58
DSEUX Sharpe Ratio Rank: 50
DSEUX Sortino Ratio Rank: 48
DSEUX Omega Ratio Rank: 44
DSEUX Calmar Ratio Rank: 83
DSEUX Martin Ratio Rank: 63

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.

DSEUX vs. DBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller Enhanced International CAPE (DSEUX) and DoubleLine Income Fund (DBLIX). 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.

	DSEUX	DBLIX	Difference
Sharpe ratio: Return per unit of total volatility	2.10	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.87	—	—
Martin ratio: Return relative to average drawdown	12.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DSEUX	DBLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	—	—

Drawdowns

Drawdown Indicators

	DSEUX	DBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.58%	—	—
Current Drawdown Current decline from peak	-2.12%	—	—
Average Drawdown Average peak-to-trough decline	-6.91%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	—	—

Volatility

Volatility by Period

	DSEUX	DBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.50%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.01%	—	—

DSEUX vs. DBLIX - Expense Ratio Comparison

DSEUX has a 0.61% expense ratio, which is lower than DBLIX's 0.65% expense ratio.

Dividends

DSEUX vs. DBLIX - Dividend Comparison

DSEUX's dividend yield for the trailing twelve months is around 4.01%, less than DBLIX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBLIX DoubleLine Income Fund	4.11%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%	0.00%	0.00%
DSEUX DoubleLine Shiller Enhanced International CAPE	4.01%	4.72%	6.88%	5.40%	4.30%	2.14%	1.87%	3.04%	9.19%	5.71%

Frequently Asked Questions

Can I hold both DSEUX and DBLIX in my portfolio?

DSEUX and DBLIX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.