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DLUX

GradeCNew York Stock Exchange Arca

DoubleLine Ultrashort Income ETF

Treasury & Government Bond · DoubleLine · Inception 2026-03-31

$50.17+0.01 (+0.02%)

As of Sep 23, 2026, 12:35 PM EDT

History starts Apr 1, 2026.History starts Apr 1, 2026.History starts Apr 1, 2026.
Intraday session: up, 6 prints from 50.16 to 50.17. Range 50.14 to 50.17. Use the arrow keys to read each point.$50.14$50.15$50.1610 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$209M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$50.14
52W range
low $50.05high $51.32

The ETF.net DLUX Grade

C

48/ 100

Rank 62 of 78 in Cash & Ultra-Short Income⁠

Confidence Medium

Six-pillar profile for DLUX. Scores out of 100: Cost 56, Risk 60, Mission not scored, Tradability 24, Holdings 55, Durability 24. Strongest: Risk (60). Weakest: Durability (24). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 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 56
    Category rank33/78 · top 42%

  • 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.
    BScore 60
    Category rank11/75 · top 15%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 24
    Category rank60/78 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 55
    Category rank40/77 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 24
    Category rank70/78 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on DLUX

ETF.net Research

CDoubleLine's 2026 entry treats the cash corner of the bond market as an active job: government, securitized and corporate paper, interest-rate risk kept very low, measured against 3-month T-bills.

Stated mandate

The Fund seeks current income and total return while preserving capital. It actively manages liquidity, interest-rate, and spread risks through diversified, high-quality government, securitized, and corporate bond exposure while keeping interest-rate risk very low.

Why people hold it

  1. 01Costs 0.18% a year, below the 0.20% median for ultrashort bond ETFs, and that buys active management rather than index tracking.
  2. 02Works three levers at once: liquidity, interest-rate and spread risk, across diversified high-quality government, securitized and corporate bonds.doubleline.com
  3. 03The yardstick is the ICE BofA 3-Month Treasury-Bill Index, so the fund is built to be judged against cash, not the broad bond market.doubleline.com

Worth knowing

  1. 01Income arrives quarterly, four times a year rather than monthly.
  2. 02Launched in 2026 with a small asset base and light trading, which can mean wider bid-ask spreads than the category's giants.
  3. 03Established rivals undercut it on fee: VUSB at 0.10%, SHV and PULS at 0.15%.

DLUX Holdings

As of Sep 21, 2026, 3:49 AM
Asset class
Bonds
Holdings
—
Top-10 weight
27%
Largest holding
FNR 2026-61 FM3.4%
The fund’s holdings, weight-ordered — page 1 of 14.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FNR 2026-61 FM3.45%7,199,816$7M1
002—GNR 2023-65 YF3.43%7,174,274$7M1
003—FNR 2026-54 FC3.28%6,860,979$7M1
004—GNR 2026-121 FM2.85%5,971,639$6M1
005—FHR 5669 FB2.37%4,951,779$5M1
006—FTGPK 2025-2A AR2.35%4,892,507$5M4
007—FHR 5694 FN2.35%4,908,379$5M2
008—FHR 5644 FE2.33%4,886,702$5M1
009—FHR 5664 FD2.33%4,864,791$5M1
010—GNR 2023-131 CF2.26%4,719,923$5M1
011—FHR 5494 FB1.91%3,993,784$4M1
012—BOBA 2023-2A A1R1.80%3,750,000$4M5
013—CAS 2024-R06 1A11.53%3,186,395$3M8
014—STACR 2026-HQA1 A11.49%3,106,250$3M9
015—TPRK 2021-1A A1R1.44%3,006,065$3M5

Showing 1–15 of 200 holdings

DLUX Performance

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

DLUX$10,084
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. DLUX $10,084. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 DLUX. Periods over one year show the average yearly return.
PeriodDLUX
Year to dateFund launched this year—
1 month+0.1%
3 months+0.8%
1 yearFund is under 1 year old—
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 DLUX
YearReturn barDLUX
2026 YTD+1.8%

History from Apr 1, 2026

DLUX in the news

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

DLUX 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. May 1, 2026 $0.06; Jun 1, 2026 $0.18; Jul 1, 2026 $0.17; Aug 3, 2026 $0.18; Sep 1, 2026 $0.19. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 8, 2026$0.19
Aug 3, 2026Aug 7, 2026$0.18
Jul 1, 2026Jul 8, 2026$0.17
Jun 1, 2026Jun 5, 2026$0.18
May 1, 2026May 7, 2026$0.06

DLUX Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
0.05
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.

DLUX Cost

Expense ratio0.18%
  • The middle half of Cash & Ultra-Short Income funds
  • Median 0.19%

33 of the 77 Cash & Ultra-Short Income funds charge less.

DLUX costs $18.00 a year on $10,000. The median Cash & Ultra-Short Income fund costs $19.00.