SCMC vs. DMX

Last updated Jun 5, 2026

SCMC (Sterling Capital Multi-Strategy Income ETF) and DMX (DoubleLine Multi-Sector Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. SCMC charges 0.55%/yr vs 0.50%/yr for DMX.

Performance

SCMC vs. DMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Multi-Strategy Income ETF (SCMC) and DoubleLine Multi-Sector Income ETF (DMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCMC achieves a 1.87% return, which is significantly higher than DMX's 1.45% return.

SCMC

• 1D: 0.08%
• 1M: 0.26%
• YTD: 1.87%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMX

• 1D: -0.01%
• 1M: 0.39%
• YTD: 1.45%
• 6M: 2.01%
• 1Y: 6.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCMC vs. DMX - Yearly Performance Comparison

	2026 (YTD)	2025
SCMC Sterling Capital Multi-Strategy Income ETF	1.87%	-0.13%
DMX DoubleLine Multi-Sector Income ETF	1.45%	0.36%

Correlation

The correlation between SCMC and DMX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.59

Return for Risk

SCMC vs. DMX — Risk / Return Rank

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

DMX

DMX Risk / Return Rank: 90
DMX Sharpe Ratio Rank: 86
DMX Sortino Ratio Rank: 92
DMX Omega Ratio Rank: 92
DMX Calmar Ratio Rank: 87
DMX Martin Ratio Rank: 90

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.

SCMC vs. DMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Multi-Strategy Income ETF (SCMC) and DoubleLine Multi-Sector Income ETF (DMX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SCMC	DMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	1.85	-0.53

Drawdowns

SCMC vs. DMX - Drawdown Comparison

The maximum SCMC drawdown since its inception was -1.91%, smaller than the maximum DMX drawdown of -2.65%. Use the drawdown chart below to compare losses from any high point for SCMC and DMX.

Drawdown Indicators

	SCMC	DMX	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-2.65%	+0.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.28%	—
Current Drawdown Current decline from peak	-0.12%	-0.15%	+0.03%
Average Drawdown Average peak-to-trough decline	-0.36%	-0.24%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.31%	—

Volatility

Volatility by Period

	SCMC	DMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.83%	2.30%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.83%	3.14%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.83%	3.14%	-0.31%

SCMC vs. DMX - Expense Ratio Comparison

SCMC has a 0.55% expense ratio, which is higher than DMX's 0.50% expense ratio.

Dividends

SCMC vs. DMX - Dividend Comparison

SCMC's dividend yield for the trailing twelve months is around 2.17%, less than DMX's 5.90% yield.

Position	TTM	2025	2024
DMX DoubleLine Multi-Sector Income ETF	5.90%	5.96%	0.42%
SCMC Sterling Capital Multi-Strategy Income ETF	2.17%	0.29%	0.00%

Frequently Asked Questions

Can I hold both SCMC and DMX in my portfolio?

SCMC and DMX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCMC or DMX?

On fees, DMX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCMC or DMX?

DMX is cheaper with a 0.50% expense ratio, compared with 0.55% for SCMC.

Which ETF pays a higher dividend yield, SCMC or DMX?

DMX has the higher dividend yield at 5.90%, compared with 2.17% for SCMC.

What is the main difference between SCMC and DMX?

They also come from different issuers: Sterling Capital and DoubleLine. Their fees differ too: 0.55% for SCMC and 0.50% for DMX.