XAGG vs. DMX
XAGG (Eaton Vance Income Opportunities ETF) and DMX (DoubleLine Multi-Sector Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
XAGG vs. DMX - Performance Comparison
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Returns By Period
In the year-to-date period, XAGG achieves a 1.93% return, which is significantly higher than DMX's 1.46% return.
XAGG
- 1D
- -0.15%
- 1M
- 0.41%
- YTD
- 1.93%
- 6M
- 2.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DMX
- 1D
- -0.03%
- 1M
- 0.47%
- YTD
- 1.46%
- 6M
- 2.02%
- 1Y
- 6.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XAGG vs. DMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XAGG Eaton Vance Income Opportunities ETF | 1.93% | 1.61% |
DMX DoubleLine Multi-Sector Income ETF | 1.46% | 1.11% |
Correlation
The correlation between XAGG and DMX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 11, 2025 | 0.58 |
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Return for Risk
XAGG vs. DMX — Risk / Return Rank
XAGG
DMX
XAGG vs. DMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Income Opportunities ETF (XAGG) and DoubleLine Multi-Sector Income ETF (DMX). 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.
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Sharpe Ratios by Period
| XAGG | DMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.88 | 1.85 | +0.03 |
Drawdowns
XAGG vs. DMX - Drawdown Comparison
The maximum XAGG drawdown since its inception was -2.88%, which is greater than DMX's maximum drawdown of -2.65%. Use the drawdown chart below to compare losses from any high point for XAGG and DMX.
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Drawdown Indicators
| XAGG | DMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.88% | -2.65% | -0.23% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.28% | — |
Current DrawdownCurrent decline from peak | -0.49% | -0.14% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -0.57% | -0.24% | -0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.31% | — |
Volatility
XAGG vs. DMX - Volatility Comparison
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Volatility by Period
| XAGG | DMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.48% | 2.30% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.48% | 3.14% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.48% | 3.14% | +0.34% |
XAGG vs. DMX - Expense Ratio Comparison
Both XAGG and DMX have an expense ratio of 0.50%.
Dividends
XAGG vs. DMX - Dividend Comparison
XAGG's dividend yield for the trailing twelve months is around 3.86%, less than DMX's 5.90% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
DMX DoubleLine Multi-Sector Income ETF | 5.90% | 5.96% | 0.42% |
XAGG Eaton Vance Income Opportunities ETF | 3.86% | 1.02% | 0.00% |
Frequently Asked Questions
XAGG and DMX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XAGG and DMX have the same expense ratio: 0.50% per year.
DMX has the higher dividend yield at 5.90%, compared with 3.86% for XAGG.
They also come from different issuers: Eaton Vance and DoubleLine.
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