QARP vs. DCMT
QARP (Xtrackers Russell 1000 US Quality at a Reasonable Price ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - QARP is a Large Cap Growth Equities fund tracking the Russell 1000 2Qual/Val 5% Capped Factor Index, while DCMT is a Commodities fund actively managed by DoubleLine. QARP is passively managed, while DCMT is actively managed. Over the past year, QARP returned 23.13% vs 30.32% for DCMT. At a 0.04 correlation, their price movements are largely independent. QARP charges 0.19%/yr vs 0.66%/yr for DCMT.
Performance
QARP vs. DCMT - Performance Comparison
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Returns By Period
In the year-to-date period, QARP achieves a 11.73% return, which is significantly lower than DCMT's 26.67% return.
QARP
- 1D
- -0.34%
- 1M
- 1.19%
- 6M
- 8.71%
- YTD
- 11.73%
- 1Y
- 23.13%
- 3Y*
- 17.14%
- 5Y*
- 11.74%
- 10Y*
- —
DCMT
- 1D
- 0.74%
- 1M
- 0.21%
- 6M
- 21.69%
- YTD
- 26.67%
- 1Y
- 30.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QARP vs. DCMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 11.73% | 13.99% | 17.76% |
DCMT DoubleLine Commodity Strategy ETF | 26.67% | 6.04% | 3.65% |
Correlation
The correlation between QARP and DCMT is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.04 |
The correlation between QARP and DCMT shifts across timeframes, from -0.10 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QARP vs. DCMT — Risk / Return Rank
QARP
DCMT
QARP vs. DCMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) 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.
| QARP | DCMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.28 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 1.91 | +1.29 |
| Martin ratioReturn relative to average drawdown | 14.23 | 6.85 | +7.38 |
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Drawdowns
QARP vs. DCMT - Drawdown Comparison
The maximum QARP drawdown since its inception was -35.44%, which is greater than DCMT's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for QARP and DCMT.
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Drawdown Indicators
| QARP | DCMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.44% | -15.96% | -19.48% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -15.96% | +8.70% |
Max Drawdown (3Y)Largest decline over 3 years | -15.65% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.75% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -9.07% | +8.73% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -3.52% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 4.44% | -2.81% |
Volatility
QARP vs. DCMT - Volatility Comparison
The current volatility for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is 2.93%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 6.00%. This indicates that QARP 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.
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Volatility by Period
| QARP | DCMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 6.00% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 16.87% | -8.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.57% | 18.77% | -8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 16.02% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 16.02% | +3.54% |
QARP vs. DCMT - Expense Ratio Comparison
QARP has a 0.19% expense ratio, which is lower than DCMT's 0.66% expense ratio.
Dividends
QARP vs. DCMT - Dividend Comparison
QARP's dividend yield for the trailing twelve months is around 1.03%, less than DCMT's 2.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DCMT DoubleLine Commodity Strategy ETF | 2.90% | 3.67% | 1.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 1.03% | 1.14% | 1.39% | 1.28% | 1.68% | 1.34% | 1.61% | 1.85% | 1.39% |
Frequently Asked Questions
QARP and DCMT have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DCMT has higher volatility (6.00%) compared to QARP (2.93%). In terms of maximum drawdown, QARP dropped -35.44% vs DCMT's -15.96%.
On 1-year performance, DCMT leads with 30.32% vs 23.13% for QARP. On fees, QARP is cheaper at 0.19% per year. On volatility, QARP has been the lower-risk option at 2.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DCMT has performed better with a 30.32% return vs 23.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QARP is cheaper with a 0.19% expense ratio, compared with 0.66% for DCMT.
DCMT has the higher dividend yield at 2.90%, compared with 1.03% for QARP.
QARP is categorized as Large Cap Growth Equities, while DCMT is Commodities. They also come from different issuers: Deutsche Bank and DoubleLine. Their fees differ too: 0.19% for QARP and 0.66% for DCMT.
QARP currently has the higher Sharpe Ratio (2.20 vs 1.62), 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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