FIIG vs. DCMT

Last updated Jul 18, 2026

FIIG (First Trust Intermediate Duration Investment Grade Corporate ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - FIIG is a Corporate Bonds fund actively managed by First Trust, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Over the past year, FIIG returned 3.92% vs 30.11% for DCMT. At a correlation of -0.16, they often move in opposite directions. FIIG charges 0.65%/yr vs 0.66%/yr for DCMT.

Performance

FIIG vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) and DoubleLine Commodity Strategy ETF (DCMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIIG achieves a -0.46% return, which is significantly lower than DCMT's 27.82% return.

FIIG

• 1D: -0.02%
• 1M: 0.00%
• 6M: -0.23%
• YTD: -0.46%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: 1.19%
• 1M: 4.31%
• 6M: 23.72%
• YTD: 27.82%
• 1Y: 30.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIIG vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FIIG First Trust Intermediate Duration Investment Grade Corporate ETF	-0.46%	8.80%	2.24%
DCMT DoubleLine Commodity Strategy ETF	27.82%	6.04%	3.65%

Correlation

The correlation between FIIG and DCMT is -0.33, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.33
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	-0.16

The correlation between FIIG and DCMT shifts across timeframes, from -0.33 (1 year) to -0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FIIG vs. DCMT — Risk / Return Rank

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

FIIG

FIIG Risk / Return Rank: 30
FIIG Sharpe Ratio Rank: 30
FIIG Sortino Ratio Rank: 28
FIIG Omega Ratio Rank: 27
FIIG Calmar Ratio Rank: 32
FIIG Martin Ratio Rank: 33

DCMT

DCMT Risk / Return Rank: 56
DCMT Sharpe Ratio Rank: 63
DCMT Sortino Ratio Rank: 61
DCMT Omega Ratio Rank: 59
DCMT Calmar Ratio Rank: 47
DCMT Martin Ratio Rank: 51

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.

FIIG vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) 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.

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.

	FIIG	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	0.85	1.61	-0.76
Sortino ratio: Return per unit of downside risk	1.24	2.22	-0.98
Omega ratio: Gain probability vs. loss probability	1.15	1.28	-0.13
Calmar ratio: Return relative to maximum drawdown	1.25	1.90	-0.65
Martin ratio: Return relative to average drawdown	3.69	6.65	-2.96

FIIG vs. DCMT - Sharpe Ratio Comparison

The current FIIG Sharpe Ratio is 0.85, which is lower than the DCMT Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FIIG and DCMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIIG vs. DCMT - Drawdown Comparison

The maximum FIIG drawdown since its inception was -5.50%, smaller than the maximum DCMT drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for FIIG and DCMT.

Drawdown Indicators

	FIIG	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-5.50%	-15.96%	+10.46%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	-15.96%	+12.81%
Current Drawdown Current decline from peak	-1.41%	-8.25%	+6.84%
Average Drawdown Average peak-to-trough decline	-1.38%	-3.54%	+2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	4.54%	-3.47%

Volatility

FIIG vs. DCMT - Volatility Comparison

The current volatility for First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is 1.32%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 5.73%. This indicates that FIIG 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

	FIIG	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.32%	5.73%	-4.41%
Volatility (6M) Calculated over the trailing 6-month period	3.59%	16.90%	-13.31%
Volatility (1Y) Calculated over the trailing 1-year period	4.62%	18.79%	-14.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.86%	16.01%	-10.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.86%	16.01%	-10.15%

FIIG vs. DCMT - Expense Ratio Comparison

FIIG has a 0.65% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

FIIG vs. DCMT - Dividend Comparison

FIIG's dividend yield for the trailing twelve months is around 4.98%, more than DCMT's 2.87% yield.

Position	TTM	2025	2024	2023
DCMT DoubleLine Commodity Strategy ETF	2.87%	3.67%	1.59%	0.00%
FIIG First Trust Intermediate Duration Investment Grade Corporate ETF	4.98%	4.76%	4.45%	1.72%

Frequently Asked Questions

Can I hold both FIIG and DCMT in my portfolio?

FIIG and DCMT have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIIG or DCMT?

DCMT has higher volatility (5.73%) compared to FIIG (1.32%). In terms of maximum drawdown, FIIG dropped -5.50% vs DCMT's -15.96%.

Which ETF is better, FIIG or DCMT?

On 1-year performance, DCMT leads with 30.11% vs 3.92% for FIIG. On fees, FIIG is cheaper at 0.65% per year. On volatility, FIIG has been the lower-risk option at 1.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIIG or DCMT?

Over the 1-year period, DCMT has performed better with a 30.11% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIIG or DCMT?

FIIG is cheaper with a 0.65% expense ratio, compared with 0.66% for DCMT.

Which ETF pays a higher dividend yield, FIIG or DCMT?

FIIG has the higher dividend yield at 4.98%, compared with 2.87% for DCMT.

What is the main difference between FIIG and DCMT?

FIIG is categorized as Corporate Bonds, while DCMT is Commodities. They also come from different issuers: First Trust and DoubleLine. Their fees differ too: 0.65% for FIIG and 0.66% for DCMT.

Which has better risk-adjusted returns?

DCMT currently has the higher Sharpe Ratio (1.61 vs 0.85), 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.