JGRW vs. DCMT

Last updated Jun 6, 2026

JGRW (Jensen Quality Growth ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - JGRW is a Large Cap Blend Equities fund actively managed by Jensen, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Over the past year, JGRW returned 2.08% vs 36.29% for DCMT. At a correlation of -0.12, they often move in opposite directions. JGRW charges 0.57%/yr vs 0.66%/yr for DCMT.

Performance

JGRW vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jensen Quality Growth ETF (JGRW) 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, JGRW achieves a -1.11% return, which is significantly lower than DCMT's 29.86% return.

JGRW

• 1D: -1.91%
• 1M: -0.04%
• YTD: -1.11%
• 6M: -1.44%
• 1Y: 2.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: -1.80%
• 1M: -1.98%
• YTD: 29.86%
• 6M: 27.91%
• 1Y: 36.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JGRW vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JGRW Jensen Quality Growth ETF	-1.11%	5.07%	1.72%
DCMT DoubleLine Commodity Strategy ETF	29.86%	6.04%	5.16%

Correlation

The correlation between JGRW and DCMT is -0.23, 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	-0.23
Correlation (All Time) Calculated using the full available price history since Aug 14, 2024	-0.12

The correlation between JGRW and DCMT shifts across timeframes, from -0.23 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JGRW vs. DCMT — Risk / Return Rank

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

JGRW

JGRW Risk / Return Rank: 11
JGRW Sharpe Ratio Rank: 12
JGRW Sortino Ratio Rank: 11
JGRW Omega Ratio Rank: 11
JGRW Calmar Ratio Rank: 11
JGRW Martin Ratio Rank: 12

DCMT

DCMT Risk / Return Rank: 70
DCMT Sharpe Ratio Rank: 63
DCMT Sortino Ratio Rank: 60
DCMT Omega Ratio Rank: 62
DCMT Calmar Ratio Rank: 90
DCMT Martin Ratio Rank: 76

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.

JGRW vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jensen Quality Growth ETF (JGRW) 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.

	JGRW	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	0.18	1.98	-1.80
Sortino ratio: Return per unit of downside risk	0.32	2.62	-2.29
Omega ratio: Gain probability vs. loss probability	1.04	1.35	-0.31
Calmar ratio: Return relative to maximum drawdown	0.15	5.38	-5.23
Martin ratio: Return relative to average drawdown	0.51	13.74	-13.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGRW vs. DCMT - Sharpe Ratio Comparison

The current JGRW Sharpe Ratio is 0.18, which is lower than the DCMT Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of JGRW 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.

Sharpe Ratios by Period

	JGRW	DCMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	1.98	-1.80
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	1.08	-0.87

Drawdowns

JGRW vs. DCMT - Drawdown Comparison

The maximum JGRW drawdown since its inception was -14.64%, which is greater than DCMT's maximum drawdown of -11.95%. Use the drawdown chart below to compare losses from any high point for JGRW and DCMT.

Drawdown Indicators

	JGRW	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-14.64%	-11.95%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-14.36%	-6.78%	-7.58%
Current Drawdown Current decline from peak	-2.91%	-6.78%	+3.87%
Average Drawdown Average peak-to-trough decline	-2.97%	-3.14%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	2.65%	+1.41%

Volatility

JGRW vs. DCMT - Volatility Comparison

The current volatility for Jensen Quality Growth ETF (JGRW) is 3.23%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 6.07%. This indicates that JGRW 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

	JGRW	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	6.07%	-2.84%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	16.09%	-6.51%
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	18.46%	-6.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.39%	15.83%	-1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.39%	15.83%	-1.44%

JGRW vs. DCMT - Expense Ratio Comparison

JGRW has a 0.57% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

JGRW vs. DCMT - Dividend Comparison

JGRW's dividend yield for the trailing twelve months is around 0.46%, less than DCMT's 2.83% yield.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	2.83%	3.67%	1.59%
JGRW Jensen Quality Growth ETF	0.46%	0.54%	0.24%

Frequently Asked Questions

Can I hold both JGRW and DCMT in my portfolio?

JGRW and DCMT have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JGRW or DCMT?

DCMT has higher volatility (6.07%) compared to JGRW (3.23%). In terms of maximum drawdown, JGRW dropped -14.64% vs DCMT's -11.95%.

Which ETF is better, JGRW or DCMT?

On 1-year performance, DCMT leads with 36.29% vs 2.08% for JGRW. On fees, JGRW is cheaper at 0.57% per year. On volatility, JGRW has been the lower-risk option at 3.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JGRW or DCMT?

Over the 1-year period, DCMT has performed better with a 36.29% return vs 2.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JGRW or DCMT?

JGRW is cheaper with a 0.57% expense ratio, compared with 0.66% for DCMT.

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

DCMT has the higher dividend yield at 2.83%, compared with 0.46% for JGRW.

What is the main difference between JGRW and DCMT?

JGRW is categorized as Large Cap Blend Equities, while DCMT is Commodities. They also come from different issuers: Jensen and DoubleLine. Their fees differ too: 0.57% for JGRW and 0.66% for DCMT.

Which has better risk-adjusted returns?

DCMT currently has the higher Sharpe Ratio (1.98 vs 0.18), 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.