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DSL vs. QQQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DSL vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Income Solutions Fund (DSL) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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DSL vs. QQQ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DSL
DoubleLine Income Solutions Fund
-1.15%-0.01%15.00%23.41%-22.61%7.39%-6.49%25.10%-6.04%16.39%
QQQ
Invesco QQQ ETF
-4.76%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Returns By Period

In the year-to-date period, DSL achieves a -1.15% return, which is significantly higher than QQQ's -4.76% return. Over the past 10 years, DSL has underperformed QQQ with an annualized return of 6.02%, while QQQ has yielded a comparatively higher 18.99% annualized return.


DSL

1D
-0.09%
1M
-4.39%
YTD
-1.15%
6M
-7.24%
1Y
-3.71%
3Y*
10.00%
5Y*
0.85%
10Y*
6.02%

QQQ

1D
1.24%
1M
-3.79%
YTD
-4.76%
6M
-2.89%
1Y
24.21%
3Y*
22.83%
5Y*
13.16%
10Y*
18.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DSL vs. QQQ - Expense Ratio Comparison

DSL has a 2.28% expense ratio, which is higher than QQQ's 0.18% expense ratio.


Return for Risk

DSL vs. QQQ — Risk / Return Rank

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

DSL
DSL Risk / Return Rank: 22
Overall Rank
DSL Sharpe Ratio Rank: 22
Sharpe Ratio Rank
DSL Sortino Ratio Rank: 22
Sortino Ratio Rank
DSL Omega Ratio Rank: 22
Omega Ratio Rank
DSL Calmar Ratio Rank: 22
Calmar Ratio Rank
DSL Martin Ratio Rank: 33
Martin Ratio Rank

QQQ
QQQ Risk / Return Rank: 6565
Overall Rank
QQQ Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6363
Sortino Ratio Rank
QQQ Omega Ratio Rank: 6363
Omega Ratio Rank
QQQ Calmar Ratio Rank: 7474
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6969
Martin Ratio Rank
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.

DSL vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Income Solutions Fund (DSL) and Invesco QQQ ETF (QQQ). 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.


DSLQQQDifference

Sharpe ratio

Return per unit of total volatility

-0.27

1.07

-1.35

Sortino ratio

Return per unit of downside risk

-0.26

1.66

-1.92

Omega ratio

Gain probability vs. loss probability

0.96

1.24

-0.28

Calmar ratio

Return relative to maximum drawdown

-0.36

2.00

-2.35

Martin ratio

Return relative to average drawdown

-0.76

7.32

-8.08

DSL vs. QQQ - Sharpe Ratio Comparison

The current DSL Sharpe Ratio is -0.27, which is lower than the QQQ Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of DSL and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DSLQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.27

1.07

-1.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

0.59

-0.53

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

0.86

-0.56

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.38

-0.18

Correlation

The correlation between DSL and QQQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

DSL vs. QQQ - Dividend Comparison

DSL's dividend yield for the trailing twelve months is around 12.20%, more than QQQ's 0.48% yield.


TTM20252024202320222021202020192018201720162015
DSL
DoubleLine Income Solutions Fund
12.20%11.71%11.38%10.78%13.67%10.74%10.69%9.33%10.39%9.11%9.53%11.63%
QQQ
Invesco QQQ ETF
0.48%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Drawdowns

DSL vs. QQQ - Drawdown Comparison

The maximum DSL drawdown since its inception was -49.51%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for DSL and QQQ.


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Drawdown Indicators


DSLQQQDifference

Max Drawdown

Largest peak-to-trough decline

-49.51%

-82.97%

+33.46%

Max Drawdown (1Y)

Largest decline over 1 year

-11.16%

-12.62%

+1.46%

Max Drawdown (5Y)

Largest decline over 5 years

-34.18%

-35.12%

+0.94%

Max Drawdown (10Y)

Largest decline over 10 years

-49.51%

-35.12%

-14.39%

Current Drawdown

Current decline from peak

-8.71%

-7.86%

-0.85%

Average Drawdown

Average peak-to-trough decline

-8.77%

-32.99%

+24.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.31%

3.44%

+1.87%

Volatility

DSL vs. QQQ - Volatility Comparison

The current volatility for DoubleLine Income Solutions Fund (DSL) is 5.02%, while Invesco QQQ ETF (QQQ) has a volatility of 6.61%. This indicates that DSL experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DSLQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.02%

6.61%

-1.59%

Volatility (6M)

Calculated over the trailing 6-month period

7.04%

12.82%

-5.78%

Volatility (1Y)

Calculated over the trailing 1-year period

13.57%

22.70%

-9.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.80%

22.38%

-7.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.07%

22.25%

-2.18%