WFH vs. DCRE

Last updated Jun 4, 2026

WFH (Direxion Work From Home ETF) and DCRE (DoubleLine Commercial Real Estate ETF) are both exchange-traded funds - WFH is a Technology Equities fund tracking the Solactive Remote Work Index, while DCRE is a Short-Term Bond fund actively managed by DoubleLine. WFH is passively managed, while DCRE is actively managed. At a correlation of -0.04, they often move in opposite directions. WFH charges 0.45%/yr vs 0.40%/yr for DCRE.

Performance

WFH vs. DCRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Work From Home ETF (WFH) and DoubleLine Commercial Real Estate ETF (DCRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCRE

• 1D: -0.02%
• 1M: 0.11%
• YTD: 1.39%
• 6M: 1.51%
• 1Y: 4.74%
• 3Y*: 6.20%
• 5Y*: —
• 10Y*: —

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

WFH vs. DCRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WFH Direxion Work From Home ETF	0.00%	15.47%	18.55%	22.00%
DCRE DoubleLine Commercial Real Estate ETF	1.39%	5.86%	6.86%	5.27%

Correlation

The correlation between WFH and DCRE is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Apr 5, 2023	-0.04

Return for Risk

WFH vs. DCRE — Risk / Return Rank

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

DCRE

DCRE Risk / Return Rank: 96
DCRE Sharpe Ratio Rank: 96
DCRE Sortino Ratio Rank: 98
DCRE Omega Ratio Rank: 97
DCRE Calmar Ratio Rank: 93
DCRE Martin Ratio Rank: 94

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.

WFH vs. DCRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Work From Home ETF (WFH) and DoubleLine Commercial Real Estate ETF (DCRE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WFH	DCRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	3.90	—

Drawdowns

Drawdown Indicators

	WFH	DCRE	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.84%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.84%	—
Current Drawdown Current decline from peak	—	-0.20%	—
Average Drawdown Average peak-to-trough decline	—	-0.11%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.18%	—

Volatility

Volatility by Period

	WFH	DCRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.58%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.58%	—

WFH vs. DCRE - Expense Ratio Comparison

WFH has a 0.45% expense ratio, which is higher than DCRE's 0.40% expense ratio.

Dividends

WFH vs. DCRE - Dividend Comparison

WFH's dividend yield for the trailing twelve months is around 0.91%, less than DCRE's 4.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DCRE DoubleLine Commercial Real Estate ETF	4.75%	4.84%	5.52%	3.47%	0.00%	0.00%	0.00%
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%

Frequently Asked Questions

Can I hold both WFH and DCRE in my portfolio?

WFH and DCRE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WFH or DCRE?

On fees, DCRE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WFH or DCRE?

DCRE is cheaper with a 0.40% expense ratio, compared with 0.45% for WFH.

Which ETF pays a higher dividend yield, WFH or DCRE?

DCRE has the higher dividend yield at 4.75%, compared with 0.91% for WFH.

What is the main difference between WFH and DCRE?

WFH is categorized as Technology Equities, while DCRE is Short-Term Bond. They also come from different issuers: Direxion and DoubleLine. Their fees differ too: 0.45% for WFH and 0.40% for DCRE.