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COMB vs DCMT

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

COMBBNYSE Arca

DoubleLine Commodity Strategy ETF

DCMTCNYSE Arca

Overlap

0.0%by weight

Expense ratio

COMB −0.41pt a year

COMB0.25%DCMT0.66%

Avg volume · 30D

COMB 3.4×the volume

COMB38.9KDCMT11.5K

COMB vs DCMT Performance

Nov 7, 2025 – Nov 9, 2026

+28.9%COMB+36.7%DCMT

Nov 7, 2025 to Nov 9, 2026. COMB +28.9%. DCMT +36.7%. Use the arrow keys to read each point.0%10%20%50%Nov 2025May 2026Nov 2026
Expense ratio
COMB 0.25%, better
DCMT 0.66%
Fund size
COMB $152M
DCMT $48M
1Y total return
COMB +28.9%
DCMT +36.7%, better
Yield (12M)
COMB 7.22%, better
DCMT 2.69%
Holdings
COMB 40
DCMT 11
Avg volume (30D)
COMB 38.9K sh, better
DCMT 11.5K sh
NAV per share
COMB $26.65
DCMT $36.27
52W range

ETF.net Grade

COMB: Cost 93, Risk 52, Mission not scored, Tradability 55, Holdings not scored, Durability 31. DCMT: Cost 55, Risk 42, Mission not scored, Tradability 28, Holdings not scored, Durability 26.
Pillar letters and Scores for COMB, DCMT, with each pillar’s weight
PillarCOMBDCMT
Cost30% weightA93HigherB55
Mission25% weightNot scoredNot scored
Risk15% weightC52HigherC42
Tradability15% weightB55HigherD28
Holdings10% weightNot scoredNot scored
Durability5% weightD31HigherD26

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COMB and DCMT are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds
See all 22 ›

COMB ranks 3rd and DCMT 15th of 22 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 78
  2. Rank 2ABCIabrdn Bloomberg All Commodity Strategy K-1 Free ETFScore 73
  3. Rank 3BCMDYiShares Bloomberg Roll Select Commodity Strategy ETFScore 69
  4. Rank 3BCOMBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETFScore 69
  5. Rank 5BSDMFSimplify DBi CTA Managed Futures Index ETFScore 67
  6. Rank 15CDBCInvesco DB Commodity Index Tracking FundScore 43
  7. Rank 15CDCMTDoubleLine Commodity Strategy ETFScore 43
  8. Rank 15CISTMiShares Strategic Metals ETFScore 43

Our read on each fund

ETF.net Research

COMBBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

DCMTCDoubleLine Commodity Strategy ETF

In short

COMB The cheapest ticket in the K-1-free commodity aisle: 0.25% for a broad basket of energy, metals, grain and livestock futures, wrapped so your tax packet is a Form 1099 instead of a Schedule K-1.

DCMT DoubleLine'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

COMB The fund seeks long-term capital appreciation mainly through exposure to commodity futures markets.

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

Why people hold it

  • COMB At 0.25%, the lowest fee among the category's top-scoring broad commodity funds (BCI 0.26%, CERY 0.28%, CMDY 0.29%, BCD 0.30%) and below the category median.
  • Gains its futures exposure through a wholly owned Cayman subsidiary, so the fund is designed to be taxed like a conventional fund and issue a 1099, not a K-1.sec.gov
  • Benchmarked to the Bloomberg Commodity Index: about 30 positions across energy, metals, agriculture and livestock, with index rules capping any commodity group at 33%.bbhub.io
  • Live since 2017, long enough to have run through a full commodity boom and bust, and it sits in the top quartile of its peer group.
  • DCMT One 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
  • A 0.66% expense ratio lands around the middle of the broad-basket commodity crowd, not at a premium.
  • Structured 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

  • COMB Thinly traded next to the category's household names, so spreads can widen. Matters most on bigger orders.
  • Returns ride the futures curve, not spot prices. Rolling contracts forward can add to or subtract from the move in a commodity's headline price.graniteshares.com
  • Actively managed rather than a strict index clone, with Treasury bills as collateral and cash paid out annually or semiannually, not monthly.graniteshares.com
  • DCMT The cheap seats are elsewhere. BCI (0.26%) and CMDY (0.29%) cover similar Bloomberg commodity ground for well under half the fee.
  • Launched in 2024, so the live record is short and the fund is small next to the category's entrenched names.
  • It trades lightly compared with the category's heavyweights, which can mean wider spreads at the moment you transact.

Full COMB profile⁠

Full DCMT profile⁠

COMB vs DCMT Holdings

How COMB and DCMT differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Asset classCommodities100%

Sector

No Sector split for COMB and DCMT.

Country, concentration and asset class

Country by domicile

No country split for COMB.

Concentration

Weight in the 10 largest Holdings

  • COMB75.1%
  • DCMT105.5%

Securities held

  • COMB39
  • DCMT10

Asset class

COMB
Commodities
DCMT
Commodities

Holdings

  • Only in COMB39
  • In both0
  • Only in DCMT10

Only in COMB

39 securities, 95.4% of COMB by weight

  • US TBill 02/18/202726.04%
  • US TBill 04/15/202719.40%
  • Gold Dec264.69%

Only in DCMT

10 securities, 100% of DCMT by weight

  • B 01/14/2737.33%
  • B 12/03/2614.17%
  • B 10/28/2711.02%

Weight gaps

COMB and DCMT share no securities.

All 33 COMB holdings⁠All DCMT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COMB vs DCMT Cost

Overpaying DCMT vs COMB

$7,737

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COMB 0.25%

    $5,159

  • DCMT 0.66%

    $12,896

$10,000
30 years

Cost over time

  • COMB 0.25%
  • DCMT 0.66%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530DCMT $12,896COMB $5,159

Year by year

YearCOMBDCMTOverpaying
10$455$1,180$725
20$1,769$4,504$2,735
30$5,159$12,896$7,737

Expense ratio

  • 0.25%COMB, cheaper
  • 0.66%DCMT
  • Middle half of Broad Commodity Futures funds
  • Median 0.67%

COMB 2nd cheapest of 22 funds

DCMT 11th cheapest of 22 funds

COMB vs DCMT Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
COMB 7.22%, better
DCMT 2.69%
Payout (12M)
COMB $1.91
DCMT $0.96
Last payment
COMB $1.91
DCMT $0.96
Ex-dividend
COMB Dec 29, 2025
DCMT Dec 23, 2025
Paid on
COMB Dec 31, 2025
DCMT Dec 30, 2025
Frequency
COMB Annual
DCMT Annual

Distribution history

Per share, 2017 to 2026, same scale for both

COMBAnnual · 9 paymentsAll COMB payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.05; Dec 28, 2018 $0.22; Dec 30, 2019 $0.36; Dec 30, 2020 $0.02; Dec 30, 2021 $4.06; Dec 28, 2022 $6.94; Dec 13, 2023 $1.13; Dec 27, 2024 $0.49; Dec 29, 2025 $1.91. Use the arrow keys to read each point.$0$52017202020232026YTD
DCMTAnnual · 2 paymentsAll DCMT payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 23, 2024 $0.41; Dec 23, 2025 $0.96. Use the arrow keys to read each point.$0$52017202020232026YTD

COMB vs DCMT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COMB 14.2%DCMT 16.0%since Mar 2024
Return per unit of riskSharpe ratio, 3 years
COMB 0.73DCMT 0.98since Mar 2024
Worst fallMax drawdown, 5 years
COMB −26.5%DCMT −16.0%since Feb 2024
Market sensitivityBeta, 5 years
COMB 1.00DCMT −0.04

Popular comparisons

  • COMBBvsCERYA

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.25% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCERYA

    DoubleLine Commodity Strategy ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.66% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COMBBvsBCIA

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · abrdn Bloomberg All Commodity Strategy K-1 Free ETF

    Expense ratio
    0.25% · 0.26%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsBCIA

    DoubleLine Commodity Strategy ETF · abrdn Bloomberg All Commodity Strategy K-1 Free ETF

    Expense ratio
    0.66% · 0.26%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COMBBvsCMDYB

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.25% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCMDYB

    DoubleLine Commodity Strategy ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.66% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.