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DCMT

GradeCNew York Stock Exchange Arca

DoubleLine Commodity Strategy ETF

Commodities · DoubleLine · Inception 2024-01-31

$37.94+0.56 (+1.50%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Feb 1, 2024.
Intraday session: up, 57 prints from 37.37 to 37.94. Range 37.52 to 37.94. Use the arrow keys to read each point.$37.50$37.60$37.70$37.8010 AM12 PM2 PM4 PM
Expense ratio
0.66%
Fund size
$45M
1Y return
+44.8%
Yield · Last 12 months
2.56%
Volume · 30D
0M sh
NAV per share
$37.54
52W range
low $26.02high $38.81

The ETF.net DCMT Grade

C

47/ 100

Rank 15 of 23 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for DCMT. Scores out of 100: Cost 59, Risk 45, Mission not scored, Tradability 33, Holdings not scored, Durability 26. Strongest: Cost (59). Weakest: Durability (26). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 59
    Category rank10/23 · top 43%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank14/23 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank19/23 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 26
    Category rank23/23 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on DCMT

ETF.net Research

CDoubleLine's 2024 arrival in broad commodities: one long, global basket measured against the Bloomberg Commodity Total Return Index, wrapped as a 1940 Act fund and priced near the middle of the category.

Stated mandate

The fund seeks total return over full market cycles through long exposure to commodity-related investments.

Why people hold it

  1. 01One ticket to a diversified global commodity book. The mandate is long exposure to commodity-related investments, measured against the Bloomberg Commodity Total Return Index.doubleline.com
  2. 02A 0.66% expense ratio lands around the middle of the broad-basket commodity crowd, not at a premium.
  3. 03Structured as a 1940 Act registered fund, the same wrapper behind the category's K-1-free options, so holders get standard fund tax reporting instead of partnership paperwork.doubleline.com

Worth knowing

  1. 01The cheap seats are elsewhere. BCI (0.26%) and CMDY (0.29%) cover similar Bloomberg commodity ground for well under half the fee.
  2. 02Launched in 2024, so the live record is short and the fund is small next to the category's entrenched names.
  3. 03It trades lightly compared with the category's heavyweights, which can mean wider spreads at the moment you transact.

DCMT Holdings

As of Sep 21, 2026, 3:49 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
B 10/13/2639.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—B 10/13/2639.35%18,000,000$18M15
002—B 12/03/2618.48%8,500,000$8M16
003—B 01/05/2710.83%5,000,000$5M3
004—B 10/20/268.52%3,900,000$4M17
005—B 11/24/268.05%3,700,000$4M14
006—B 12/01/266.52%3,000,000$3M14
007—BXCS14963.59%44,000,000$2M1
008—DREYFUS GOVERN CASH GNT-INS1.59%727,084$727K24
009—MSILF Government Portfolio1.55%705,699$706K24
010—Northern Institutional Funds -1.55%705,699$706K10
011—NET OTHER ASSETS<0.01%4,058$4K134

Showing 1–11 of 11 holdings

DCMT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DCMT$14,478
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DCMT $14,478. SPY $11,723. Use the arrow keys to read each point.$9,094$12,262$15,430Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DCMT. Periods over one year show the average yearly return.
PeriodDCMT
Year to date+43.2%
1 month+4.4%
3 months+18.1%
1 year+44.8%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DCMT
YearReturn barDCMT
2026 YTD+43.2%
2025+6.0%
2024+4.9%

History from Feb 1, 2024

DCMT in the news

ETF.net Research hasn’t filed on DCMT yet — coverage lands here as it’s written.

DCMT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.56%Last 12 months
Payout per share
$0.96Last 12 months
Last payment
$0.96 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.41; Dec 23, 2025 $0.96. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 30, 2025$0.96
Dec 23, 2024Dec 30, 2024$0.41

DCMT Risk

How much the fund’s monthly returns vary, scaled to a year.
16.5%
Annualised · 30 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.85
vs 3-month T-bills · 30 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−16.0%
31 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−0.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DCMT Cost

Expense ratio0.66%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

8 of the 21 Broad Commodity Futures funds charge less.

DCMT costs $66.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.