YLDE vs. DBMF

Last updated Jun 4, 2026

YLDE (ClearBridge Dividend Strategy ESG ETF) and DBMF (iMGP DBi Managed Futures Strategy ETF) are both exchange-traded funds - YLDE is a Dividend fund actively managed by Franklin Templeton, while DBMF is a Systematic Trend fund actively managed by iM Global Partners. Both are actively managed. Over the past 5 years, YLDE returned 9.54%/yr vs 8.46%/yr for DBMF. At a 0.12 correlation, their price movements are largely independent. YLDE charges 0.60%/yr vs 0.85%/yr for DBMF.

Performance

YLDE vs. DBMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy ESG ETF (YLDE) and iMGP DBi Managed Futures Strategy ETF (DBMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YLDE achieves a 4.09% return, which is significantly lower than DBMF's 12.42% return.

YLDE

• 1D: -0.32%
• 1M: 0.13%
• YTD: 4.09%
• 6M: 5.06%
• 1Y: 13.89%
• 3Y*: 14.60%
• 5Y*: 9.54%
• 10Y*: —

DBMF

• 1D: 0.03%
• 1M: 2.35%
• YTD: 12.42%
• 6M: 14.20%
• 1Y: 31.40%
• 3Y*: 10.81%
• 5Y*: 8.46%
• 10Y*: —

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

YLDE vs. DBMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
YLDE ClearBridge Dividend Strategy ESG ETF	4.09%	13.09%	16.44%	15.69%	-8.56%	22.12%	10.35%	13.03%
DBMF iMGP DBi Managed Futures Strategy ETF	12.42%	13.85%	7.24%	-8.94%	21.61%	11.49%	1.80%	10.67%

Correlation

The correlation between YLDE and DBMF is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since May 9, 2019	0.12

The correlation between YLDE and DBMF shifts across timeframes, from 0.06 (5 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

YLDE vs. DBMF — Risk / Return Rank

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

YLDE

YLDE Risk / Return Rank: 41
YLDE Sharpe Ratio Rank: 42
YLDE Sortino Ratio Rank: 42
YLDE Omega Ratio Rank: 40
YLDE Calmar Ratio Rank: 38
YLDE Martin Ratio Rank: 42

DBMF

DBMF Risk / Return Rank: 83
DBMF Sharpe Ratio Rank: 78
DBMF Sortino Ratio Rank: 73
DBMF Omega Ratio Rank: 87
DBMF Calmar Ratio Rank: 88
DBMF Martin Ratio Rank: 87

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.

YLDE vs. DBMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) 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.

	YLDE	DBMF	Difference
Sharpe ratio: Return per unit of total volatility	1.50	2.59	-1.10
Sortino ratio: Return per unit of downside risk	2.14	3.39	-1.25
Omega ratio: Gain probability vs. loss probability	1.26	1.55	-0.29
Calmar ratio: Return relative to maximum drawdown	1.84	5.17	-3.33
Martin ratio: Return relative to average drawdown	6.84	19.07	-12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YLDE vs. DBMF - Sharpe Ratio Comparison

The current YLDE Sharpe Ratio is 1.50, which is lower than the DBMF Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of YLDE and DBMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YLDE	DBMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	2.59	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.68	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.77	-0.03

Drawdowns

YLDE vs. DBMF - Drawdown Comparison

The maximum YLDE drawdown since its inception was -33.23%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for YLDE and DBMF.

Drawdown Indicators

	YLDE	DBMF	Difference
Max Drawdown Largest peak-to-trough decline	-33.23%	-20.39%	-12.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-6.10%	-1.49%
Max Drawdown (3Y) Largest decline over 3 years	-11.42%	-15.60%	+4.18%
Max Drawdown (5Y) Largest decline over 5 years	-20.22%	-20.39%	+0.17%
Current Drawdown Current decline from peak	-2.54%	0.00%	-2.54%
Average Drawdown Average peak-to-trough decline	-3.55%	-6.59%	+3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.65%	+0.38%

Volatility

YLDE vs. DBMF - Volatility Comparison

The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 1.81%, while iMGP DBi Managed Futures Strategy ETF (DBMF) has a volatility of 2.12%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YLDE	DBMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.81%	2.12%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	6.74%	9.76%	-3.02%
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	12.17%	-2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	12.52%	+0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	12.41%	+3.35%

YLDE vs. DBMF - Expense Ratio Comparison

YLDE has a 0.60% expense ratio, which is lower than DBMF's 0.85% expense ratio.

Dividends

YLDE vs. DBMF - Dividend Comparison

YLDE's dividend yield for the trailing twelve months is around 7.04%, more than DBMF's 5.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBMF iMGP DBi Managed Futures Strategy ETF	5.09%	5.91%	5.75%	2.91%	7.72%	10.38%	0.86%	9.35%	0.00%	0.00%
YLDE ClearBridge Dividend Strategy ESG ETF	7.04%	5.68%	1.69%	1.64%	1.68%	1.15%	1.46%	1.65%	2.25%	1.31%

Frequently Asked Questions

Can I hold both YLDE and DBMF in my portfolio?

YLDE and DBMF have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YLDE or DBMF?

DBMF has higher volatility (2.12%) compared to YLDE (1.81%). In terms of maximum drawdown, YLDE dropped -33.23% vs DBMF's -20.39%.

Which ETF is better, YLDE or DBMF?

On 5-year performance, YLDE leads with 9.54% vs 8.46% for DBMF. On fees, YLDE is cheaper at 0.60% per year. On volatility, YLDE has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YLDE or DBMF?

Over the 5-year period, YLDE has performed better with a 9.54% return vs 8.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YLDE or DBMF?

YLDE is cheaper with a 0.60% expense ratio, compared with 0.85% for DBMF.

Which ETF pays a higher dividend yield, YLDE or DBMF?

YLDE has the higher dividend yield at 7.04%, compared with 5.09% for DBMF.

What is the main difference between YLDE and DBMF?

YLDE is categorized as Dividend, while DBMF is Systematic Trend. They also come from different issuers: Franklin Templeton and iM Global Partners. Their fees differ too: 0.60% for YLDE and 0.85% for DBMF.

Which has better risk-adjusted returns?

DBMF currently has the higher Sharpe Ratio (2.59 vs 1.50), 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.