MOFIX vs. DBL
Compare and contrast key facts about Mercer Opportunistic Fixed Income Fund (MOFIX) and DoubleLine Opportunistic Credit Fund (DBL).
MOFIX is managed by Mercer Funds. It was launched on Aug 20, 2013. DBL is an actively managed fund by DoubleLine. It was launched on Jan 27, 2012.
Performance
MOFIX vs. DBL - Performance Comparison
Loading graphics...
MOFIX vs. DBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MOFIX Mercer Opportunistic Fixed Income Fund | -2.95% | 8.60% | 2.23% | 12.22% | -11.57% | -1.15% | 5.31% | 3.18% |
DBL DoubleLine Opportunistic Credit Fund | -2.13% | 7.16% | 10.05% | 13.11% | -15.83% | 4.61% | 3.93% | 8.94% |
Returns By Period
In the year-to-date period, MOFIX achieves a -2.95% return, which is significantly lower than DBL's -2.13% return.
MOFIX
- 1D
- 0.12%
- 1M
- -2.83%
- YTD
- -2.95%
- 6M
- -2.34%
- 1Y
- 3.22%
- 3Y*
- 5.07%
- 5Y*
- 1.68%
- 10Y*
- —
DBL
- 1D
- 2.82%
- 1M
- -1.54%
- YTD
- -2.13%
- 6M
- -2.13%
- 1Y
- 1.84%
- 3Y*
- 10.18%
- 5Y*
- 2.40%
- 10Y*
- 2.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MOFIX vs. DBL - Expense Ratio Comparison
MOFIX has a 0.44% expense ratio, which is lower than DBL's 2.43% expense ratio.
Return for Risk
MOFIX vs. DBL — Risk / Return Rank
MOFIX
DBL
MOFIX vs. DBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercer Opportunistic Fixed Income Fund (MOFIX) and DoubleLine Opportunistic Credit Fund (DBL). 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.
| MOFIX | DBL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.23 | +0.76 |
Sortino ratioReturn per unit of downside risk | 1.30 | 0.40 | +0.90 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.05 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 0.33 | +0.65 |
Martin ratioReturn relative to average drawdown | 4.05 | 1.13 | +2.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MOFIX | DBL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 0.23 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.21 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.32 | -0.03 |
Correlation
The correlation between MOFIX and DBL is 0.21, 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
MOFIX vs. DBL - Dividend Comparison
MOFIX's dividend yield for the trailing twelve months is around 3.42%, less than DBL's 9.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOFIX Mercer Opportunistic Fixed Income Fund | 3.42% | 3.32% | 6.91% | 6.44% | 3.81% | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DBL DoubleLine Opportunistic Credit Fund | 9.04% | 8.66% | 8.52% | 8.60% | 8.89% | 7.17% | 8.69% | 6.83% | 10.27% | 9.03% | 8.68% | 9.35% |
Drawdowns
MOFIX vs. DBL - Drawdown Comparison
The maximum MOFIX drawdown since its inception was -19.96%, smaller than the maximum DBL drawdown of -26.45%. Use the drawdown chart below to compare losses from any high point for MOFIX and DBL.
Loading graphics...
Drawdown Indicators
| MOFIX | DBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -26.45% | +6.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -5.72% | +2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -19.00% | -24.54% | +5.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.45% | — |
Current DrawdownCurrent decline from peak | -3.40% | -3.06% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -6.90% | +1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 1.68% | -0.82% |
Volatility
MOFIX vs. DBL - Volatility Comparison
The current volatility for Mercer Opportunistic Fixed Income Fund (MOFIX) is 1.42%, while DoubleLine Opportunistic Credit Fund (DBL) has a volatility of 3.80%. This indicates that MOFIX experiences smaller price fluctuations and is considered to be less risky than DBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MOFIX | DBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 3.80% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 2.12% | 5.51% | -3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 8.04% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 11.59% | -4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.25% | 14.62% | -7.37% |