RTRE vs. DCMT

Last updated Jun 4, 2026

RTRE (Rareview Total Return Bond ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - RTRE is a Intermediate Core-Plus Bond fund actively managed by Rareview, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Over the past year, RTRE returned 5.19% vs 42.19% for DCMT. At a correlation of -0.19, they often move in opposite directions. RTRE charges 0.70%/yr vs 0.66%/yr for DCMT.

Performance

RTRE vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Total Return Bond ETF (RTRE) 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, RTRE achieves a 0.02% return, which is significantly lower than DCMT's 34.49% return.

RTRE

• 1D: -0.24%
• 1M: 0.18%
• YTD: 0.02%
• 6M: -0.17%
• 1Y: 5.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: 0.63%
• 1M: -2.89%
• YTD: 34.49%
• 6M: 33.53%
• 1Y: 42.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RTRE vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RTRE Rareview Total Return Bond ETF	0.02%	6.61%	1.75%
DCMT DoubleLine Commodity Strategy ETF	34.49%	6.04%	1.30%

Correlation

The correlation between RTRE and DCMT is -0.34, 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	-0.34
Correlation (All Time) Calculated using the full available price history since Jun 4, 2024	-0.19

The correlation between RTRE and DCMT shifts across timeframes, from -0.34 (1 year) to -0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RTRE vs. DCMT — Risk / Return Rank

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

RTRE

RTRE Risk / Return Rank: 32
RTRE Sharpe Ratio Rank: 35
RTRE Sortino Ratio Rank: 34
RTRE Omega Ratio Rank: 33
RTRE Calmar Ratio Rank: 30
RTRE Martin Ratio Rank: 31

DCMT

DCMT Risk / Return Rank: 76
DCMT Sharpe Ratio Rank: 71
DCMT Sortino Ratio Rank: 66
DCMT Omega Ratio Rank: 69
DCMT Calmar Ratio Rank: 93
DCMT Martin Ratio Rank: 82

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.

RTRE vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Total Return Bond ETF (RTRE) 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.

	RTRE	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	1.21	2.32	-1.11
Sortino ratio: Return per unit of downside risk	1.75	3.01	-1.26
Omega ratio: Gain probability vs. loss probability	1.22	1.41	-0.19
Calmar ratio: Return relative to maximum drawdown	1.41	6.83	-5.42
Martin ratio: Return relative to average drawdown	4.36	16.31	-11.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTRE vs. DCMT - Sharpe Ratio Comparison

The current RTRE Sharpe Ratio is 1.21, which is lower than the DCMT Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of RTRE 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.

Sharpe Ratios by Period

	RTRE	DCMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	2.32	-1.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	1.20	-0.33

Drawdowns

RTRE vs. DCMT - Drawdown Comparison

The maximum RTRE drawdown since its inception was -4.99%, smaller than the maximum DCMT drawdown of -11.95%. Use the drawdown chart below to compare losses from any high point for RTRE and DCMT.

Drawdown Indicators

	RTRE	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-4.99%	-11.95%	+6.96%
Max Drawdown (1Y) Largest decline over 1 year	-3.70%	-6.21%	+2.51%
Current Drawdown Current decline from peak	-2.25%	-3.46%	+1.21%
Average Drawdown Average peak-to-trough decline	-1.43%	-3.13%	+1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	2.59%	-1.40%

Volatility

RTRE vs. DCMT - Volatility Comparison

The current volatility for Rareview Total Return Bond ETF (RTRE) is 1.66%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 6.71%. This indicates that RTRE 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

	RTRE	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.66%	6.71%	-5.05%
Volatility (6M) Calculated over the trailing 6-month period	3.29%	15.87%	-12.58%
Volatility (1Y) Calculated over the trailing 1-year period	4.29%	18.27%	-13.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.79%	15.77%	-10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.79%	15.77%	-10.98%

RTRE vs. DCMT - Expense Ratio Comparison

RTRE has a 0.70% expense ratio, which is higher than DCMT's 0.66% expense ratio.

Dividends

RTRE vs. DCMT - Dividend Comparison

RTRE's dividend yield for the trailing twelve months is around 4.37%, more than DCMT's 2.73% yield.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	2.73%	3.67%	1.59%
RTRE Rareview Total Return Bond ETF	4.37%	4.02%	3.33%

Frequently Asked Questions

Can I hold both RTRE and DCMT in my portfolio?

RTRE and DCMT have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RTRE or DCMT?

DCMT has higher volatility (6.71%) compared to RTRE (1.66%). In terms of maximum drawdown, RTRE dropped -4.99% vs DCMT's -11.95%.

Which ETF is better, RTRE or DCMT?

On 1-year performance, DCMT leads with 42.19% vs 5.19% for RTRE. On fees, DCMT is cheaper at 0.66% per year. On volatility, RTRE has been the lower-risk option at 1.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RTRE or DCMT?

Over the 1-year period, DCMT has performed better with a 42.19% return vs 5.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RTRE or DCMT?

DCMT is cheaper with a 0.66% expense ratio, compared with 0.70% for RTRE.

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

RTRE has the higher dividend yield at 4.37%, compared with 2.73% for DCMT.

What is the main difference between RTRE and DCMT?

RTRE is categorized as Intermediate Core-Plus Bond, while DCMT is Commodities. They also come from different issuers: Rareview and DoubleLine. Their fees differ too: 0.70% for RTRE and 0.66% for DCMT.

Which has better risk-adjusted returns?

DCMT currently has the higher Sharpe Ratio (2.32 vs 1.21), 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.