State Street DoubleLine Total Return Tactical ETF
$37.80−0.26 (−0.69%)
- Expense ratio
- 0.55%
- Fund size
- $3.8B
- 1Y return
- −1.1%
- Yield · Last 12 months
- 5.45%
- Holdings
- 1702
- Volume · 30D
- 0.5M sh
- NAV per share
- $38.06
- 52W range
The ETF.net TOTL Grade
Score 56 of 100 sits in the B 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.FScore 13Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 65Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 85Category rank
Our read on TOTL
BMost core bond ETFs clone the Agg and call it a day. TOTL hires a manager to trade around it instead: actively managed, benchmarked to the Bloomberg US Aggregate, and on the tape since 2015.
The fund seeks to maximize total return through actively managed core fixed-income exposure benchmarked to the Bloomberg US Aggregate Bond Index.
Why people hold it
- Active by design: instead of replicating the Bloomberg US Aggregate, it uses the index as a benchmark and leaves the bond mix to a manager's call.
- Live since 2015, so a full rate cycle sits on the record, and it stands in the upper half of a crowded core bond field where nearly every rival is a pure index tracker.
- About 1,700 bonds behind one ticker, income paid monthly, and enough day-to-day trading that getting in or out isn't the friction point.
- It does the job on the label: a multi-billion-dollar fund from a major ETF issuer, delivering the core fixed-income exposure its documents describe.
Worth knowing
- Active costs money: 0.55% a year, against 0.03% for the index heavyweights (BND, SPAB, SCHZ) and above the typical core bond fund.
- A manager's positioning can drift from the Agg, so the ride and the income can look different from a plain index tracker, in either direction.
- It sits at the more rate- and credit-sensitive end of the core bond group, so bumps can land harder here than in the tamest trackers.
TOTL Holdings
- Bonds
- 1,702
- 21%
- US TREASURY N/B 0.75 01/31/2028
Sectors
- Energy100.0%
Geography
- United States86.25%
- Canada1.70%
- Luxembourg1.23%
- United Kingdom1.16%
- Peru1.04%
- Mexico0.98%
- Cayman Islands0.82%
- India0.66%
- 6.17%
TOTL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | TOTL |
|---|---|
| Year to date | −2.2% |
| 1 month | −1.4% |
| 3 months | −1.8% |
| 1 year | −1.1% |
| 3 years | +4.5% |
| 5 years | +0.1% |
| 10 years | +1.2% |
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 | TOTL |
|---|---|---|
| 2026 YTD | −2.2% | |
| 2025 | +7.7% | |
| 2024 | +3.1% | |
| 2023 | +5.6% | |
| 2022 | −11.6% | |
| 2021 | −1.0% | |
| 2020 | +3.6% |
TOTL in the news
ETF.net Research hasn’t filed on TOTL yet — coverage lands here as it’s written.
TOTL Dividends
- 5.45%
- $2.08
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.17 |
| Aug 3, 2026 | Aug 6, 2026 | $0.17 |
| Jul 1, 2026 | Jul 7, 2026 | $0.17 |
| Jun 1, 2026 | Jun 4, 2026 | $0.16 |
| May 1, 2026 | May 6, 2026 | $0.17 |
| Apr 1, 2026 | Apr 6, 2026 | $0.17 |
| Mar 2, 2026 | Mar 5, 2026 | $0.16 |
| Feb 2, 2026 | Feb 5, 2026 | $0.16 |
| Dec 18, 2025 | Dec 23, 2025 | $0.25 |
| Dec 1, 2025 | Dec 4, 2025 | $0.17 |
| Nov 3, 2025 | Nov 6, 2025 | $0.16 |
| Oct 1, 2025 | Oct 6, 2025 | $0.17 |
TOTL Risk
- 5.6%
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.
- −0.005
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.
- −16.0%
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.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TOTL Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
93 of the 112 US Aggregate Bond funds charge less.