SJLD vs. DCRE

Last updated Apr 17, 2026

SJLD (SanJac Alpha Low Duration ETF) and DCRE (DoubleLine Commercial Real Estate ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, SJLD returned 5.16% vs 5.41% for DCRE. At 0.18, their price movements are largely independent. SJLD charges 0.35%/yr vs 0.40%/yr for DCRE.

Performance

SJLD vs. DCRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SanJac Alpha Low Duration ETF (SJLD) and DoubleLine Commercial Real Estate ETF (DCRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SJLD achieves a 1.25% return, which is significantly higher than DCRE's 1.15% return.

SJLD

• 1D: -0.02%
• 1M: 0.42%
• YTD: 1.25%
• 6M: 1.84%
• 1Y: 5.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCRE

• 1D: -0.06%
• 1M: 0.21%
• YTD: 1.15%
• 6M: 1.97%
• 1Y: 5.41%
• 3Y*: 6.28%
• 5Y*: —
• 10Y*: —

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

SJLD vs. DCRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SJLD SanJac Alpha Low Duration ETF	1.25%	5.20%	0.91%
DCRE DoubleLine Commercial Real Estate ETF	1.15%	5.86%	1.14%

Correlation

The correlation between SJLD and DCRE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.18

Return for Risk

SJLD vs. DCRE — Risk / Return Rank

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

SJLD

SJLD Risk / Return Rank: 84
SJLD Sharpe Ratio Rank: 69
SJLD Sortino Ratio Rank: 84
SJLD Omega Ratio Rank: 89
SJLD Calmar Ratio Rank: 86
SJLD Martin Ratio Rank: 90

DCRE

DCRE Risk / Return Rank: 97
DCRE Sharpe Ratio Rank: 97
DCRE Sortino Ratio Rank: 98
DCRE Omega Ratio Rank: 97
DCRE Calmar Ratio Rank: 96
DCRE Martin Ratio Rank: 96

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.

SJLD vs. DCRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SanJac Alpha Low Duration ETF (SJLD) and DoubleLine Commercial Real Estate ETF (DCRE). 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.

	SJLD	DCRE	Difference
Sharpe ratio Return per unit of total volatility	2.56	4.47	-1.90
Sortino ratio Return per unit of downside risk	4.17	7.57	-3.40
Omega ratio Gain probability vs. loss probability	1.62	2.03	-0.41
Calmar ratio Return relative to maximum drawdown	5.14	8.23	-3.09
Martin ratio Return relative to average drawdown	22.17	32.24	-10.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SJLD vs. DCRE - Sharpe Ratio Comparison

The current SJLD Sharpe Ratio is 2.56, which is lower than the DCRE Sharpe Ratio of 4.47. The chart below compares the historical Sharpe Ratios of SJLD and DCRE, 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

	SJLD	DCRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	4.47	-1.90
Sharpe Ratio (All Time) Calculated using the full available price history	2.34	4.01	-1.68

Drawdowns

SJLD vs. DCRE - Drawdown Comparison

The maximum SJLD drawdown since its inception was -1.04%, which is greater than DCRE's maximum drawdown of -0.84%. Use the drawdown chart below to compare losses from any high point for SJLD and DCRE.

Drawdown Indicators

	SJLD	DCRE	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-0.84%	-0.20%
Max Drawdown (1Y) Largest decline over 1 year	-1.04%	-0.68%	-0.36%
Current Drawdown Current decline from peak	-0.02%	-0.18%	+0.16%
Average Drawdown Average peak-to-trough decline	-0.12%	-0.10%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	0.17%	+0.07%

Volatility

SJLD vs. DCRE - Volatility Comparison

SanJac Alpha Low Duration ETF (SJLD) has a higher volatility of 0.72% compared to DoubleLine Commercial Real Estate ETF (DCRE) at 0.39%. This indicates that SJLD's price experiences larger fluctuations and is considered to be riskier than DCRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJLD	DCRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.72%	0.39%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	1.30%	0.76%	+0.54%
Volatility (1Y) Calculated over the trailing 1-year period	2.06%	1.23%	+0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.99%	1.59%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.99%	1.59%	+0.40%

SJLD vs. DCRE - Expense Ratio Comparison

SJLD has a 0.35% expense ratio, which is lower than DCRE's 0.40% expense ratio.

Dividends

SJLD vs. DCRE - Dividend Comparison

SJLD's dividend yield for the trailing twelve months is around 3.98%, less than DCRE's 4.75% yield.

	TTM	2025	2024	2023
SJLD SanJac Alpha Low Duration ETF	3.98%	3.74%	1.26%	0.00%
DCRE DoubleLine Commercial Real Estate ETF	4.75%	4.84%	5.52%	3.47%