XSVN vs. DCMT

Last updated Jul 15, 2026

XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - XSVN is a Government Bonds fund tracking the Bloomberg US Treasury 7 Year Target Duration Index, while DCMT is a Commodities fund actively managed by DoubleLine. XSVN is passively managed, while DCMT is actively managed. Over the past year, XSVN returned 3.22% vs 30.32% for DCMT. At a correlation of -0.22, they often move in opposite directions. XSVN charges 0.05%/yr vs 0.66%/yr for DCMT.

Performance

XSVN vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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, XSVN achieves a -0.69% return, which is significantly lower than DCMT's 26.67% return.

XSVN

• 1D: 0.28%
• 1M: -0.32%
• 6M: -0.84%
• YTD: -0.69%
• 1Y: 3.22%
• 3Y*: 2.89%
• 5Y*: —
• 10Y*: —

DCMT

• 1D: 0.74%
• 1M: 0.21%
• 6M: 21.69%
• YTD: 26.67%
• 1Y: 30.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XSVN vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	-0.69%	8.18%	-0.49%
DCMT DoubleLine Commodity Strategy ETF	26.67%	6.04%	3.65%

Correlation

The correlation between XSVN and DCMT is -0.34, 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	-0.34
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	-0.22

The correlation between XSVN and DCMT shifts across timeframes, from -0.34 (1 year) to -0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XSVN vs. DCMT — Risk / Return Rank

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

XSVN

XSVN Risk / Return Rank: 22
XSVN Sharpe Ratio Rank: 24
XSVN Sortino Ratio Rank: 23
XSVN Omega Ratio Rank: 21
XSVN Calmar Ratio Rank: 21
XSVN Martin Ratio Rank: 22

DCMT

DCMT Risk / Return Rank: 55
DCMT Sharpe Ratio Rank: 61
DCMT Sortino Ratio Rank: 58
DCMT Omega Ratio Rank: 57
DCMT Calmar Ratio Rank: 47
DCMT Martin Ratio Rank: 51

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.

XSVN vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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.

	XSVN	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	0.70	1.62	-0.92
Sortino ratio: Return per unit of downside risk	1.06	2.23	-1.18
Omega ratio: Gain probability vs. loss probability	1.12	1.28	-0.16
Calmar ratio: Return relative to maximum drawdown	0.81	1.91	-1.10
Martin ratio: Return relative to average drawdown	2.09	6.85	-4.77

XSVN vs. DCMT - Sharpe Ratio Comparison

The current XSVN Sharpe Ratio is 0.70, which is lower than the DCMT Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of XSVN 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

XSVN vs. DCMT - Drawdown Comparison

The maximum XSVN drawdown since its inception was -9.45%, smaller than the maximum DCMT drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for XSVN and DCMT.

Drawdown Indicators

	XSVN	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-9.45%	-15.96%	+6.51%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-15.96%	+11.95%
Max Drawdown (3Y) Largest decline over 3 years	-7.09%	—	—
Current Drawdown Current decline from peak	-2.87%	-9.07%	+6.20%
Average Drawdown Average peak-to-trough decline	-2.55%	-3.52%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	4.44%	-2.89%

Volatility

XSVN vs. DCMT - Volatility Comparison

The current volatility for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) is 1.46%, while DoubleLine Commodity Strategy ETF (DCMT) has a volatility of 6.00%. This indicates that XSVN experiences smaller price fluctuations and is considered to be less risky than DCMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSVN	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.46%	6.00%	-4.54%
Volatility (6M) Calculated over the trailing 6-month period	3.51%	16.87%	-13.36%
Volatility (1Y) Calculated over the trailing 1-year period	4.61%	18.77%	-14.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.14%	16.02%	-8.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	16.02%	-8.88%

XSVN vs. DCMT - Expense Ratio Comparison

XSVN has a 0.05% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

XSVN vs. DCMT - Dividend Comparison

XSVN's dividend yield for the trailing twelve months is around 4.11%, more than DCMT's 2.90% yield.

Position	TTM	2025	2024	2023	2022
DCMT DoubleLine Commodity Strategy ETF	2.90%	3.67%	1.59%	0.00%	0.00%
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	4.11%	4.06%	4.17%	3.49%	1.04%

Frequently Asked Questions

Can I hold both XSVN and DCMT in my portfolio?

XSVN and DCMT have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XSVN or DCMT?

DCMT has higher volatility (6.00%) compared to XSVN (1.46%). In terms of maximum drawdown, XSVN dropped -9.45% vs DCMT's -15.96%.

Which ETF is better, XSVN or DCMT?

On 1-year performance, DCMT leads with 30.32% vs 3.22% for XSVN. On fees, XSVN is cheaper at 0.05% per year. On volatility, XSVN has been the lower-risk option at 1.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XSVN or DCMT?

Over the 1-year period, DCMT has performed better with a 30.32% return vs 3.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XSVN or DCMT?

XSVN is cheaper with a 0.05% expense ratio, compared with 0.66% for DCMT.

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

XSVN has the higher dividend yield at 4.11%, compared with 2.90% for DCMT.

What is the main difference between XSVN and DCMT?

XSVN is categorized as Government Bonds, while DCMT is Commodities. They also come from different issuers: BondBloxx and DoubleLine. Their fees differ too: 0.05% for XSVN and 0.66% for DCMT.

Which has better risk-adjusted returns?

DCMT currently has the higher Sharpe Ratio (1.62 vs 0.70), 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.