Doubleline Etf Trust - Mortgage ETF
$46.43+0.11 (+0.24%)
- 0.39%
- $675M
- −1.9%
- 5.65%
- 0.1M sh
- $46.31
- low $45.86high $50.54
The ETF.net DMBS Grade
C
Score 47 out of 100
- 11 of 25
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C42 out of 100Rank 14 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.B55 out of 100Rank 4 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 17 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 6 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 21 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 12 of 25
Our read on DMBS
CDoubleLine's mortgage desk in an ETF wrapper: an actively managed bond fund built to exceed the Bloomberg U.S. Mortgage-Backed Securities Index over a full market cycle, in a corner of the market almost everyone else simply indexes.
The Fund seeks total return through capital appreciation and current income, exceeding the Bloomberg U.S. Mortgage-Backed Securities Index over a full market cycle.
Why people hold it
- Active by design. Managers pick the mortgage bonds instead of copying the index, with a stated aim of exceeding the Bloomberg U.S. Mortgage-Backed Securities Index over a full market cycle.
- Pays monthly, matching the rhythm of the mortgage cash flows underneath it.
- Trades with decent everyday liquidity for an active bond ETF, and sits in the upper half of its mortgage-bond peer group on our review.
- A US agency mortgage mandate run inside a standard 1940 Act fund. No exotic wrapper, no K-1 surprises.
Worth knowing
- At 0.39% a year it runs above the typical mortgage-bond ETF, and roughly ten times index trackers like VMBS (0.03%) and MBB (0.04%). Active management has to earn that gap.
- Launched in 2023, so its track record is short relative to the full market cycle the fund itself uses as the yardstick.
- Results ride on the manager's security selection rather than the benchmark, which means the gap versus the index can cut either way.
DMBS Holdings
- Bonds
- 191
- 35%
- Fncl 5 11/26
DMBS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
DMBS$9,813
Returns run to the Oct 12, 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.
| Period | DMBS |
|---|---|
| Year to date | −2.8% |
| 1 month | −1.5% |
| 3 months | −3.3% |
| 1 year | −1.9% |
| 3 years | +5.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DMBS |
|---|---|---|
| 2026 YTD | −2.8% | |
| 2025 | +8.5% | |
| 2024 | +2.1% | |
| 2023 | +1.0% |
DMBS in the news
DMBS Dividends
- 5.65%
- $2.62
- $0.26 per share
- Monthly
Distribution history
DMBS Risk
- 6.1%
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.
- 0.02
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.
- −8.0%
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.
- 1.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DMBS Cost
0.39%
DMBS0.39%
- The middle half of Mortgage-Backed Securities funds
- Median 0.36%
13 of the 24 Mortgage-Backed Securities funds charge less.
Other funds in Mortgage-Backed Securities
- CMBBAiShares Mortgage-Backed Securities Active ETFExpense ratio 0.26%1 year return —
- CCMBSiShares CMBS ETFExpense ratio 0.25%1 year return 0.0%
- CLMBSFirst Trust Low Duration Opportunities ETFExpense ratio 0.66%1 year return +1.4%
- CCAAAFirst Trust AAA CMBS ETFExpense ratio 0.30%1 year return +0.6%
- CIMTGInvesco Actively Managed Exchange-Traded Fund Trust - Invesco Agency MBS ETFExpense ratio 0.22%1 year return —