VSEC vs. DBMF
VSEC (VSE Corporation) is a stock, while DBMF (iMGP DBi Managed Futures Strategy ETF) is Systematic Trend fund actively managed by iM Global Partners. Over the past 5 years, VSEC returned 34.30%/yr vs 7.97%/yr for DBMF. At a 0.08 correlation, their price movements are largely independent.
Performance
VSEC vs. DBMF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VSEC achieves a 23.79% return, which is significantly higher than DBMF's 9.37% return.
VSEC
- 1D
- -0.87%
- 1M
- 24.32%
- YTD
- 23.79%
- 6M
- 19.57%
- 1Y
- 55.63%
- 3Y*
- 60.94%
- 5Y*
- 34.30%
- 10Y*
- 21.09%
DBMF
- 1D
- -1.26%
- 1M
- -1.67%
- YTD
- 9.37%
- 6M
- 8.47%
- 1Y
- 26.10%
- 3Y*
- 8.78%
- 5Y*
- 7.97%
- 10Y*
- —
VSEC vs. DBMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VSEC VSE Corporation | 23.79% | 82.26% | 47.93% | 39.19% | -22.35% | 59.55% | 2.54% | 36.83% |
DBMF iMGP DBi Managed Futures Strategy ETF | 9.37% | 13.85% | 7.24% | -8.94% | 21.61% | 11.49% | 1.80% | 10.51% |
Correlation
The correlation between VSEC and DBMF is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.08 |
The correlation between VSEC and DBMF shifts across timeframes, from 0.05 (5 years) to 0.15 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VSEC vs. DBMF — Risk / Return Rank
VSEC
DBMF
VSEC vs. DBMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VSE Corporation (VSEC) and iMGP DBi Managed Futures Strategy ETF (DBMF). 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.
| VSEC | DBMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.44 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 4.30 | -2.45 |
| Martin ratioReturn relative to average drawdown | 5.06 | 15.28 | -10.22 |
Loading charts...
Drawdowns
VSEC vs. DBMF - Drawdown Comparison
The maximum VSEC drawdown since its inception was -76.09%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for VSEC and DBMF.
Loading charts...
Drawdown Indicators
| VSEC | DBMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.09% | -20.39% | -55.70% |
Max Drawdown (1Y)Largest decline over 1 year | -30.31% | -6.10% | -24.21% |
Max Drawdown (3Y)Largest decline over 3 years | -30.31% | -15.60% | -14.71% |
Max Drawdown (5Y)Largest decline over 5 years | -47.58% | -20.39% | -27.19% |
Max Drawdown (10Y)Largest decline over 10 years | -76.09% | — | — |
Current DrawdownCurrent decline from peak | -6.15% | -2.71% | -3.44% |
Average DrawdownAverage peak-to-trough decline | -30.65% | -6.55% | -24.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.02% | 1.71% | +9.31% |
Volatility
VSEC vs. DBMF - Volatility Comparison
VSE Corporation (VSEC) has a higher volatility of 16.73% compared to iMGP DBi Managed Futures Strategy ETF (DBMF) at 3.11%. This indicates that VSEC's price experiences larger fluctuations and is considered to be riskier than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VSEC | DBMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.73% | 3.11% | +13.62% |
Volatility (6M)Calculated over the trailing 6-month period | 47.40% | 10.14% | +37.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.85% | 12.47% | +43.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.59% | 12.53% | +34.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.20% | 12.41% | +34.79% |
Dividends
VSEC vs. DBMF - Dividend Comparison
VSEC's dividend yield for the trailing twelve months is around 0.19%, less than DBMF's 5.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 5.23% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% | 0.00% | 0.00% | 0.00% | 0.00% |
VSEC VSE Corporation | 0.19% | 0.23% | 0.42% | 0.77% | 0.85% | 0.59% | 0.94% | 0.89% | 1.00% | 0.54% | 0.51% | 0.68% |
Frequently Asked Questions
VSEC and DBMF have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VSEC has higher volatility (16.73%) compared to DBMF (3.11%). In terms of maximum drawdown, VSEC dropped -76.09% vs DBMF's -20.39%.
DBMF currently has the higher Sharpe Ratio (2.10 vs 1.00), 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.
Find the right allocation for VSEC and DBMF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer