OSTIX vs. DBLSX
Compare and contrast key facts about Osterweis Strategic Income Fund (OSTIX) and DoubleLine Low Duration Bond Fund (DBLSX).
OSTIX is managed by Osterweis. It was launched on Aug 30, 2002. DBLSX is managed by DoubleLine. It was launched on Sep 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OSTIX or DBLSX.
Key characteristics
| OSTIX | DBLSX | |
|---|---|---|
| YTD Return | 7.23% | 4.66% |
| 1Y Return | 11.79% | 6.86% |
| 3Y Return (Ann) | 4.24% | 2.75% |
| 5Y Return (Ann) | 5.62% | 2.33% |
| 10Y Return (Ann) | 4.57% | 2.37% |
| Sharpe Ratio | 6.44 | 5.03 |
| Sortino Ratio | 14.48 | 9.10 |
| Omega Ratio | 3.63 | 2.57 |
| Calmar Ratio | 18.63 | 16.19 |
| Martin Ratio | 84.30 | 50.33 |
| Ulcer Index | 0.14% | 0.13% |
| Daily Std Dev | 1.83% | 1.34% |
| Max Drawdown | -10.06% | -7.45% |
| Current Drawdown | 0.00% | -0.30% |
Correlation
The correlation between OSTIX and DBLSX is 0.19, 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.
Performance
OSTIX vs. DBLSX - Performance Comparison
In the year-to-date period, OSTIX achieves a 7.23% return, which is significantly higher than DBLSX's 4.66% return. Over the past 10 years, OSTIX has outperformed DBLSX with an annualized return of 4.57%, while DBLSX has yielded a comparatively lower 2.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OSTIX vs. DBLSX - Expense Ratio Comparison
OSTIX has a 0.84% expense ratio, which is higher than DBLSX's 0.41% expense ratio.
Risk-Adjusted Performance
OSTIX vs. DBLSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Osterweis Strategic Income Fund (OSTIX) and DoubleLine Low Duration Bond Fund (DBLSX). 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.
Dividends
OSTIX vs. DBLSX - Dividend Comparison
OSTIX's dividend yield for the trailing twelve months is around 6.04%, more than DBLSX's 5.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OSTIX Osterweis Strategic Income Fund | 6.04% | 5.71% | 4.71% | 4.03% | 3.85% | 4.74% | 4.66% | 4.58% | 5.24% | 5.98% | 5.15% | 4.70% |
DBLSX DoubleLine Low Duration Bond Fund | 5.06% | 4.48% | 2.49% | 1.74% | 2.39% | 3.19% | 2.91% | 2.43% | 2.54% | 2.47% | 2.09% | 1.74% |
Drawdowns
OSTIX vs. DBLSX - Drawdown Comparison
The maximum OSTIX drawdown since its inception was -10.06%, which is greater than DBLSX's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for OSTIX and DBLSX. For additional features, visit the drawdowns tool.
Volatility
OSTIX vs. DBLSX - Volatility Comparison
Osterweis Strategic Income Fund (OSTIX) has a higher volatility of 0.39% compared to DoubleLine Low Duration Bond Fund (DBLSX) at 0.34%. This indicates that OSTIX's price experiences larger fluctuations and is considered to be riskier than DBLSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.