MCSTX vs. DBCMX
MCSTX (MFS Commodity Strategy Fund Class R4) and DBCMX (DoubleLine Strategic Commodity Fund) are both Commodities funds. Over the past 5 years, MCSTX returned 10.27%/yr vs 9.45%/yr for DBCMX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. MCSTX charges 0.91%/yr vs 1.02%/yr for DBCMX.
Performance
MCSTX vs. DBCMX - Performance Comparison
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Returns By Period
In the year-to-date period, MCSTX achieves a 19.67% return, which is significantly lower than DBCMX's 29.78% return.
MCSTX
- 1D
- -0.23%
- 1M
- 6.14%
- 6M
- 9.09%
- YTD
- 19.67%
- 1Y
- 33.88%
- 3Y*
- 12.84%
- 5Y*
- 10.27%
- 10Y*
- —
- ALL TIME*
- 9.86%
DBCMX
- 1D
- -0.43%
- 1M
- 8.57%
- 6M
- 23.78%
- YTD
- 29.78%
- 1Y
- 35.56%
- 3Y*
- 9.18%
- 5Y*
- 9.45%
- 10Y*
- 7.53%
- ALL TIME*
- 7.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MCSTX vs. DBCMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MCSTX MFS Commodity Strategy Fund Class R4 | 19.67% | 18.51% | 5.09% | -6.15% | 13.37% | 27.60% | -0.21% | -1.04% |
DBCMX DoubleLine Strategic Commodity Fund | 29.78% | 6.10% | 0.45% | -3.96% | 13.40% | 31.24% | -6.07% | -4.66% |
Correlation
The correlation between MCSTX and DBCMX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019 | 0.76 |
The correlation between MCSTX and DBCMX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
MCSTX vs. DBCMX — Risk / Return Rank
MCSTX
DBCMX
MCSTX vs. DBCMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Commodity Strategy Fund Class R4 (MCSTX) and DoubleLine Strategic Commodity Fund (DBCMX). 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.
| MCSTX | DBCMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.39 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.79 | -0.34 |
| Martin ratioReturn relative to average drawdown | 7.79 | 10.33 | -2.54 |
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Drawdowns
MCSTX vs. DBCMX - Drawdown Comparison
The maximum MCSTX drawdown since its inception was -37.67%, roughly equal to the maximum DBCMX drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for MCSTX and DBCMX.
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Drawdown Indicators
| MCSTX | DBCMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.67% | -37.62% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.72% | -11.98% | -0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -12.72% | -14.75% | +2.03% |
Max Drawdown (5Y)Largest decline over 5 years | -37.67% | -27.60% | -10.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.62% | — |
Current DrawdownCurrent decline from peak | -6.90% | -3.20% | -3.70% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -13.16% | -4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 3.25% | +0.78% |
Volatility
MCSTX vs. DBCMX - Volatility Comparison
MFS Commodity Strategy Fund Class R4 (MCSTX) and DoubleLine Strategic Commodity Fund (DBCMX) have volatilities of 4.26% and 4.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCSTX | DBCMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 4.43% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 12.88% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.24% | 14.67% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.67% | 16.24% | +18.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.75% | 14.61% | +15.14% |
MCSTX vs. DBCMX - Expense Ratio Comparison
MCSTX has a 0.91% expense ratio, which is lower than DBCMX's 1.02% expense ratio.
Dividends
MCSTX vs. DBCMX - Dividend Comparison
MCSTX's dividend yield for the trailing twelve months is around 13.44%, more than DBCMX's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DBCMX DoubleLine Strategic Commodity Fund | 2.34% | 3.04% | 2.89% | 3.30% | 46.88% | 13.53% | 0.00% | 1.04% | 1.21% | 5.23% | 0.51% |
MCSTX MFS Commodity Strategy Fund Class R4 | 13.44% | 16.08% | 3.30% | 2.21% | 27.44% | 56.14% | 0.87% | 1.87% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MCSTX and DBCMX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBCMX has higher volatility (4.43%) compared to MCSTX (4.26%). In terms of maximum drawdown, MCSTX dropped -37.67% vs DBCMX's -37.62%.
DBCMX currently has the higher Sharpe Ratio (2.28 vs 1.92), 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.
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