TOTL vs. CAAA
Compare and contrast key facts about State Street DoubleLine Total Return Tactical ETF (TOTL) and First Trust Commercial Mortgage Opportunities ETF (CAAA).
TOTL and CAAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TOTL is an actively managed fund by State Street. It was launched on Feb 23, 2015. CAAA is an actively managed fund by First Trust. It was launched on Feb 26, 2024.
Performance
TOTL vs. CAAA - Performance Comparison
Loading graphics...
TOTL vs. CAAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TOTL State Street DoubleLine Total Return Tactical ETF | -0.50% | 7.68% | 4.17% |
CAAA First Trust Commercial Mortgage Opportunities ETF | 0.17% | 8.03% | 4.65% |
Returns By Period
In the year-to-date period, TOTL achieves a -0.50% return, which is significantly lower than CAAA's 0.17% return.
TOTL
- 1D
- 0.23%
- 1M
- -2.12%
- YTD
- -0.50%
- 6M
- 0.57%
- 1Y
- 3.87%
- 3Y*
- 4.15%
- 5Y*
- 0.74%
- 10Y*
- 1.73%
CAAA
- 1D
- 0.22%
- 1M
- -1.28%
- YTD
- 0.17%
- 6M
- 1.67%
- 1Y
- 5.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TOTL vs. CAAA - Expense Ratio Comparison
Both TOTL and CAAA have an expense ratio of 0.55%.
Return for Risk
TOTL vs. CAAA — Risk / Return Rank
TOTL
CAAA
TOTL vs. CAAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Total Return Tactical ETF (TOTL) and First Trust Commercial Mortgage Opportunities ETF (CAAA). 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.
| TOTL | CAAA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.68 | -0.64 |
Sortino ratioReturn per unit of downside risk | 1.48 | 2.43 | -0.95 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.31 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 2.75 | -1.30 |
Martin ratioReturn relative to average drawdown | 4.54 | 9.74 | -5.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TOTL | CAAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.68 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 1.91 | -1.53 |
Correlation
The correlation between TOTL and CAAA is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TOTL vs. CAAA - Dividend Comparison
TOTL's dividend yield for the trailing twelve months is around 5.26%, less than CAAA's 5.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TOTL State Street DoubleLine Total Return Tactical ETF | 5.26% | 5.23% | 5.35% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 3.00% | 3.25% | 2.67% |
CAAA First Trust Commercial Mortgage Opportunities ETF | 5.68% | 6.09% | 4.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TOTL vs. CAAA - Drawdown Comparison
The maximum TOTL drawdown since its inception was -16.48%, which is greater than CAAA's maximum drawdown of -2.24%. Use the drawdown chart below to compare losses from any high point for TOTL and CAAA.
Loading graphics...
Drawdown Indicators
| TOTL | CAAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.48% | -2.24% | -14.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -2.08% | -0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -16.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -16.48% | — | — |
Current DrawdownCurrent decline from peak | -2.12% | -1.42% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -3.15% | -0.52% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.59% | +0.30% |
Volatility
TOTL vs. CAAA - Volatility Comparison
State Street DoubleLine Total Return Tactical ETF (TOTL) has a higher volatility of 1.51% compared to First Trust Commercial Mortgage Opportunities ETF (CAAA) at 1.20%. This indicates that TOTL's price experiences larger fluctuations and is considered to be riskier than CAAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TOTL | CAAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 1.20% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 2.20% | +0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.76% | 3.34% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.57% | 3.23% | +2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.76% | 3.23% | +1.53% |