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TINIX vs. DFLEX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TINIX vs. DFLEX

Last updated Jun 24, 2026

TINIX (ACM Tactical Income Fund) and DFLEX (DoubleLine Flexible Income Fund) are both Nontraditional Bonds funds. Over the past 5 years, TINIX returned 0.27%/yr vs 3.19%/yr for DFLEX. At a 0.45 correlation, their price movements are largely independent. TINIX charges 1.58%/yr vs 0.74%/yr for DFLEX.

Performance

TINIX vs. DFLEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ACM Tactical Income Fund (TINIX) and DoubleLine Flexible Income Fund (DFLEX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TINIX achieves a 2.10% return, which is significantly higher than DFLEX's 1.72% return.

TINIX

1D
-0.11%
1M
-0.01%
YTD
2.10%
6M
2.16%
1Y
4.83%
3Y*
4.21%
5Y*
0.27%
10Y*
—

DFLEX

1D
0.00%
1M
0.57%
YTD
1.72%
6M
1.83%
1Y
5.29%
3Y*
7.36%
5Y*
3.19%
10Y*
3.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TINIX vs. DFLEX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
TINIX
ACM Tactical Income Fund		2.10%3.53%4.28%2.33%-7.66%-0.36%7.26%5.88%
DFLEX
DoubleLine Flexible Income Fund		1.72%6.58%8.65%7.84%-8.48%3.79%2.93%6.21%

Correlation

The correlation between TINIX and DFLEX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.50

Correlation (5Y)
Calculated over the trailing 5-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Jan 14, 2019

0.45

The correlation between TINIX and DFLEX has been stable across timeframes, ranging from 0.45 to 0.51 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ACM Tactical Income Fund

DoubleLine Flexible Income Fund

Often compared with TINIX:
TINIX vs. ADOIXTINIX vs. APFPXTINIX vs. CBYYXTINIX vs. AFLIXTINIX vs. DCAIXTINIX vs. EIGMXTINIX vs. FPFIX
Often compared with DFLEX:
DFLEX vs. VIITXDFLEX vs. CGMSDFLEX vs. VFSUXDFLEX vs. DODLXDFLEX vs. VTSAXDFLEX vs. GMODXDFLEX vs. STBNX

Return for Risk

TINIX vs. DFLEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TINIX
TINIX Risk / Return Rank: 5151
Overall Rank
TINIX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
TINIX Sortino Ratio Rank: 4545
Sortino Ratio Rank
TINIX Omega Ratio Rank: 5353
Omega Ratio Rank
TINIX Calmar Ratio Rank: 5757
Calmar Ratio Rank
TINIX Martin Ratio Rank: 5353
Martin Ratio Rank
DFLEX
DFLEX Risk / Return Rank: 9898
Overall Rank
DFLEX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
DFLEX Sortino Ratio Rank: 9898
Sortino Ratio Rank
DFLEX Omega Ratio Rank: 9898
Omega Ratio Rank
DFLEX Calmar Ratio Rank: 9696
Calmar Ratio Rank
DFLEX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

TINIX vs. DFLEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ACM Tactical Income Fund (TINIX) and DoubleLine Flexible Income Fund (DFLEX). 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.

TINIXDFLEXDifference
Sharpe ratioReturn per unit of total volatility
1.82
3.98

-2.16

Sortino ratioReturn per unit of downside risk
2.62
6.76

-4.14

Omega ratioGain probability vs. loss probability

1.37

2.16

-0.80

Calmar ratioReturn relative to maximum drawdown

2.77

5.97

-3.19

Martin ratioReturn relative to average drawdown

10.26

26.70

-16.44

TINIX vs. DFLEX - Sharpe Ratio Comparison

The current TINIX Sharpe Ratio is 1.82, which is lower than the DFLEX Sharpe Ratio of 3.98. The chart below compares the historical Sharpe Ratios of TINIX and DFLEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TINIX vs. DFLEX - Drawdown Comparison

The maximum TINIX drawdown since its inception was -11.79%, smaller than the maximum DFLEX drawdown of -17.29%. Use the drawdown chart below to compare losses from any high point for TINIX and DFLEX.

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Drawdown Indicators

TINIXDFLEXDifference

Max Drawdown

Largest peak-to-trough decline

-11.79%

-17.29%

+5.50%

Max Drawdown (1Y)

Largest decline over 1 year

-1.75%

-0.91%

-0.84%

Max Drawdown (3Y)

Largest decline over 3 years

-2.60%

-1.15%

-1.45%

Max Drawdown (5Y)

Largest decline over 5 years

-11.79%

-11.00%

-0.79%

Max Drawdown (10Y)

Largest decline over 10 years

—

-17.29%

—

Current Drawdown

Current decline from peak

-0.34%

-0.11%

-0.23%

Average Drawdown

Average peak-to-trough decline

-4.15%

-1.55%

-2.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.47%

0.20%

+0.27%

Volatility

TINIX vs. DFLEX - Volatility Comparison

ACM Tactical Income Fund (TINIX) has a higher volatility of 1.07% compared to DoubleLine Flexible Income Fund (DFLEX) at 0.55%. This indicates that TINIX's price experiences larger fluctuations and is considered to be riskier than DFLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TINIXDFLEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.07%

0.55%

+0.52%

Volatility (6M)

Calculated over the trailing 6-month period

2.12%

1.07%

+1.05%

Volatility (1Y)

Calculated over the trailing 1-year period

2.67%

1.37%

+1.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.23%

1.94%

+1.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.48%

2.73%

+0.75%

TINIX vs. DFLEX - Expense Ratio Comparison

TINIX has a 1.58% expense ratio, which is higher than DFLEX's 0.74% expense ratio.

Dividends

TINIX vs. DFLEX - Dividend Comparison

TINIX's dividend yield for the trailing twelve months is around 3.47%, less than DFLEX's 5.53% yield.

PositionTTM20252024202320222021202020192018201720162015
DFLEX
DoubleLine Flexible Income Fund		5.53%5.68%6.05%5.95%4.72%3.86%3.96%4.46%4.46%3.82%3.75%4.32%
TINIX
ACM Tactical Income Fund		3.47%2.68%4.90%5.72%2.63%3.83%2.98%3.94%0.00%0.00%0.00%0.00%

Frequently Asked Questions

TINIX and DFLEX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TINIX has higher volatility (1.07%) compared to DFLEX (0.55%). In terms of maximum drawdown, TINIX dropped -11.79% vs DFLEX's -17.29%.

DFLEX currently has the higher Sharpe Ratio (3.98 vs 1.82), 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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