RFCI vs. DCMT

Last updated Jul 14, 2026

RFCI (RiverFront Dynamic Core Income ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - RFCI is a Multisector Bonds fund actively managed by SS&C, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Over the past year, RFCI returned 3.22% vs 28.33% for DCMT. At a correlation of -0.19, they often move in opposite directions. RFCI charges 0.54%/yr vs 0.66%/yr for DCMT.

Performance

RFCI vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverFront Dynamic Core Income ETF (RFCI) 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, RFCI achieves a -0.28% return, which is significantly lower than DCMT's 25.74% return.

RFCI

• 1D: -0.18%
• 1M: -0.73%
• 6M: -0.50%
• YTD: -0.28%
• 1Y: 3.22%
• 3Y*: 4.29%
• 5Y*: 0.94%
• 10Y*: 1.83%

DCMT

• 1D: 2.59%
• 1M: -0.52%
• 6M: 21.60%
• YTD: 25.74%
• 1Y: 28.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RFCI vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RFCI RiverFront Dynamic Core Income ETF	-0.28%	6.85%	2.87%
DCMT DoubleLine Commodity Strategy ETF	25.74%	6.04%	3.65%

Correlation

The correlation between RFCI and DCMT is -0.33, 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	-0.33
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	-0.19

The correlation between RFCI and DCMT shifts across timeframes, from -0.33 (1 year) to -0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RFCI vs. DCMT — Risk / Return Rank

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

RFCI

RFCI Risk / Return Rank: 29
RFCI Sharpe Ratio Rank: 31
RFCI Sortino Ratio Rank: 29
RFCI Omega Ratio Rank: 27
RFCI Calmar Ratio Rank: 30
RFCI Martin Ratio Rank: 30

DCMT

DCMT Risk / Return Rank: 51
DCMT Sharpe Ratio Rank: 57
DCMT Sortino Ratio Rank: 55
DCMT Omega Ratio Rank: 53
DCMT Calmar Ratio Rank: 44
DCMT Martin Ratio Rank: 49

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.

RFCI vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverFront Dynamic Core Income ETF (RFCI) 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.

	RFCI	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	0.91	1.52	-0.61
Sortino ratio: Return per unit of downside risk	1.30	2.11	-0.80
Omega ratio: Gain probability vs. loss probability	1.16	1.27	-0.11
Calmar ratio: Return relative to maximum drawdown	1.22	1.78	-0.56
Martin ratio: Return relative to average drawdown	3.37	6.45	-3.09

RFCI vs. DCMT - Sharpe Ratio Comparison

The current RFCI Sharpe Ratio is 0.91, which is lower than the DCMT Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of RFCI 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.

Drawdowns

RFCI vs. DCMT - Drawdown Comparison

The maximum RFCI drawdown since its inception was -14.18%, smaller than the maximum DCMT drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for RFCI and DCMT.

Drawdown Indicators

	RFCI	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-14.18%	-15.96%	+1.78%
Max Drawdown (1Y) Largest decline over 1 year	-2.65%	-15.96%	+13.31%
Max Drawdown (3Y) Largest decline over 3 years	-5.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.18%	—	—
Current Drawdown Current decline from peak	-1.78%	-9.74%	+7.96%
Average Drawdown Average peak-to-trough decline	-3.21%	-3.51%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	4.40%	-3.44%

Volatility

RFCI vs. DCMT - Volatility Comparison

The current volatility for RiverFront Dynamic Core Income ETF (RFCI) is 1.19%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 6.10%. This indicates that RFCI 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

	RFCI	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	6.10%	-4.91%
Volatility (6M) Calculated over the trailing 6-month period	2.74%	16.86%	-14.12%
Volatility (1Y) Calculated over the trailing 1-year period	3.56%	18.80%	-15.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.14%	16.03%	-10.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.94%	16.03%	-11.09%

RFCI vs. DCMT - Expense Ratio Comparison

RFCI has a 0.54% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

RFCI vs. DCMT - Dividend Comparison

RFCI's dividend yield for the trailing twelve months is around 4.58%, more than DCMT's 2.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DCMT DoubleLine Commodity Strategy ETF	2.92%	3.67%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RFCI RiverFront Dynamic Core Income ETF	4.58%	4.55%	4.30%	3.55%	2.26%	3.45%	2.04%	2.66%	2.76%	2.03%	1.97%

Frequently Asked Questions

Can I hold both RFCI and DCMT in my portfolio?

RFCI and DCMT have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RFCI or DCMT?

DCMT has higher volatility (6.10%) compared to RFCI (1.19%). In terms of maximum drawdown, RFCI dropped -14.18% vs DCMT's -15.96%.

Which ETF is better, RFCI or DCMT?

On 1-year performance, DCMT leads with 28.33% vs 3.22% for RFCI. On fees, RFCI is cheaper at 0.54% per year. On volatility, RFCI has been the lower-risk option at 1.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RFCI or DCMT?

Over the 1-year period, DCMT has performed better with a 28.33% return vs 3.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RFCI or DCMT?

RFCI is cheaper with a 0.54% expense ratio, compared with 0.66% for DCMT.

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

RFCI has the higher dividend yield at 4.58%, compared with 2.92% for DCMT.

What is the main difference between RFCI and DCMT?

RFCI is categorized as Multisector Bonds, while DCMT is Commodities. They also come from different issuers: SS&C and DoubleLine. Their fees differ too: 0.54% for RFCI and 0.66% for DCMT.

Which has better risk-adjusted returns?

DCMT currently has the higher Sharpe Ratio (1.52 vs 0.91), 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.