UXJA vs. DCMT

Last updated Jun 24, 2026

UXJA (FT Vest U.S. Equity Uncapped Accelerator ETF - January) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - UXJA is a Defined Outcome fund actively managed by First Trust, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Over the past year, UXJA returned 24.93% vs 22.10% for DCMT. At a correlation of -0.01, they often move in opposite directions. UXJA charges 0.85%/yr vs 0.66%/yr for DCMT.

Performance

UXJA vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) and DoubleLine Commodity Strategy ETF (DCMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXJA achieves a 8.51% return, which is significantly lower than DCMT's 19.96% return.

UXJA

• 1D: -1.47%
• 1M: -1.48%
• YTD: 8.51%
• 6M: 7.34%
• 1Y: 24.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: -1.04%
• 1M: -11.03%
• YTD: 19.96%
• 6M: 18.79%
• 1Y: 22.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXJA vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	8.51%	14.47%
DCMT DoubleLine Commodity Strategy ETF	19.96%	1.87%

Correlation

The correlation between UXJA and DCMT is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Jan 21, 2025	-0.01

The correlation between UXJA and DCMT shifts across timeframes, from -0.14 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

UXJA vs. DCMT — Risk / Return Rank

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

UXJA

UXJA Risk / Return Rank: 58
UXJA Sharpe Ratio Rank: 58
UXJA Sortino Ratio Rank: 55
UXJA Omega Ratio Rank: 54
UXJA Calmar Ratio Rank: 57
UXJA Martin Ratio Rank: 64

DCMT

DCMT Risk / Return Rank: 37
DCMT Sharpe Ratio Rank: 36
DCMT Sortino Ratio Rank: 35
DCMT Omega Ratio Rank: 34
DCMT Calmar Ratio Rank: 34
DCMT Martin Ratio Rank: 47

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.

UXJA vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) and DoubleLine Commodity Strategy ETF (DCMT). 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.

	UXJA	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.21	+0.56
Sortino ratio: Return per unit of downside risk	2.41	1.72	+0.69
Omega ratio: Gain probability vs. loss probability	1.31	1.22	+0.09
Calmar ratio: Return relative to maximum drawdown	2.55	1.60	+0.95
Martin ratio: Return relative to average drawdown	10.61	7.23	+3.37

UXJA vs. DCMT - Sharpe Ratio Comparison

The current UXJA Sharpe Ratio is 1.77, which is higher than the DCMT Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of UXJA and DCMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UXJA vs. DCMT - Drawdown Comparison

The maximum UXJA drawdown since its inception was -20.01%, which is greater than DCMT's maximum drawdown of -13.89%. Use the drawdown chart below to compare losses from any high point for UXJA and DCMT.

Drawdown Indicators

	UXJA	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-20.01%	-13.89%	-6.12%
Max Drawdown (1Y) Largest decline over 1 year	-9.83%	-13.89%	+4.06%
Current Drawdown Current decline from peak	-3.47%	-13.89%	+10.42%
Average Drawdown Average peak-to-trough decline	-2.94%	-3.29%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	3.10%	-0.74%

Volatility

UXJA vs. DCMT - Volatility Comparison

FT Vest U.S. Equity Uncapped Accelerator ETF - January (UXJA) has a higher volatility of 5.19% compared to DoubleLine Commodity Strategy ETF (DCMT) at 4.62%. This indicates that UXJA's price experiences larger fluctuations and is considered to be riskier than DCMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UXJA	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	4.62%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	10.92%	16.30%	-5.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	18.53%	-4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.69%	15.85%	+2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.69%	15.85%	+2.84%

UXJA vs. DCMT - Expense Ratio Comparison

UXJA has a 0.85% expense ratio, which is higher than DCMT's 0.66% expense ratio.

Dividends

UXJA vs. DCMT - Dividend Comparison

UXJA has not paid dividends to shareholders, while DCMT's dividend yield for the trailing twelve months is around 3.06%.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	3.06%	3.67%	1.59%
UXJA FT Vest U.S. Equity Uncapped Accelerator ETF - January	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UXJA and DCMT in my portfolio?

UXJA and DCMT have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UXJA or DCMT?

UXJA has higher volatility (5.19%) compared to DCMT (4.62%). In terms of maximum drawdown, UXJA dropped -20.01% vs DCMT's -13.89%.

Which ETF is better, UXJA or DCMT?

On 1-year performance, UXJA leads with 24.93% vs 22.10% for DCMT. On fees, DCMT is cheaper at 0.66% per year. On volatility, DCMT has been the lower-risk option at 4.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UXJA or DCMT?

Over the 1-year period, UXJA has performed better with a 24.93% return vs 22.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UXJA or DCMT?

DCMT is cheaper with a 0.66% expense ratio, compared with 0.85% for UXJA.

Which ETF pays a higher dividend yield, UXJA or DCMT?

DCMT has the higher dividend yield at 3.06%, compared with 0.00% for UXJA.

What is the main difference between UXJA and DCMT?

UXJA is categorized as Defined Outcome, while DCMT is Commodities. They also come from different issuers: First Trust and DoubleLine. Their fees differ too: 0.85% for UXJA and 0.66% for DCMT.

Which has better risk-adjusted returns?

UXJA currently has the higher Sharpe Ratio (1.77 vs 1.21), 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.