TOTL vs. DBLTX
Compare and contrast key facts about SPDR DoubleLine Total Return Tactical ETF (TOTL) and DoubleLine Total Return Bond Fund Class I (DBLTX).
TOTL is an actively managed fund by State Street. It was launched on Feb 23, 2015. DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TOTL or DBLTX.
Key characteristics
| TOTL | DBLTX | |
|---|---|---|
| YTD Return | 3.34% | 2.92% |
| 1Y Return | 9.92% | 9.48% |
| 3Y Return (Ann) | -1.21% | -1.76% |
| 5Y Return (Ann) | -0.07% | -0.24% |
| Sharpe Ratio | 1.53 | 1.60 |
| Sortino Ratio | 2.25 | 2.36 |
| Omega Ratio | 1.30 | 1.29 |
| Calmar Ratio | 0.73 | 0.67 |
| Martin Ratio | 7.37 | 6.07 |
| Ulcer Index | 1.34% | 1.56% |
| Daily Std Dev | 6.45% | 5.94% |
| Max Drawdown | -16.48% | -16.49% |
| Current Drawdown | -5.00% | -6.07% |
Correlation
The correlation between TOTL and DBLTX is 0.80, 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.
Performance
TOTL vs. DBLTX - Performance Comparison
In the year-to-date period, TOTL achieves a 3.34% return, which is significantly higher than DBLTX's 2.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TOTL vs. DBLTX - Expense Ratio Comparison
TOTL has a 0.55% expense ratio, which is higher than DBLTX's 0.50% expense ratio.
Risk-Adjusted Performance
TOTL vs. DBLTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR DoubleLine Total Return Tactical ETF (TOTL) and DoubleLine Total Return Bond Fund Class I (DBLTX). 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.
Dividends
TOTL vs. DBLTX - Dividend Comparison
TOTL's dividend yield for the trailing twelve months is around 5.21%, more than DBLTX's 4.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TOTL SPDR DoubleLine Total Return Tactical ETF | 5.21% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 2.99% | 3.25% | 2.67% | 0.00% | 0.00% |
DBLTX DoubleLine Total Return Bond Fund Class I | 4.98% | 4.36% | 3.84% | 3.13% | 3.39% | 3.67% | 3.74% | 3.66% | 3.72% | 4.11% | 4.77% | 5.16% |
Drawdowns
TOTL vs. DBLTX - Drawdown Comparison
The maximum TOTL drawdown since its inception was -16.48%, roughly equal to the maximum DBLTX drawdown of -16.49%. Use the drawdown chart below to compare losses from any high point for TOTL and DBLTX. For additional features, visit the drawdowns tool.
Volatility
TOTL vs. DBLTX - Volatility Comparison
SPDR DoubleLine Total Return Tactical ETF (TOTL) has a higher volatility of 1.67% compared to DoubleLine Total Return Bond Fund Class I (DBLTX) at 1.48%. This indicates that TOTL's price experiences larger fluctuations and is considered to be riskier than DBLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.