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DABS vs SECU

DoubleLine Asset-Backed Securities ETF

DABSBNYSE Arca

iShares Securitized Income Active ETF

SECUCCboe

Overlap

No data

Expense ratio

DABS −0.01pt a year

DABS0.40%SECU0.41%

Avg volume · 30D

SECU 12.2×the volume

DABS16.4KSECU199K

DABS vs SECU Performance

Jul 31, 2026 – Oct 30, 2026

+0.2%DABS+0.2%SECU

Jul 31, 2026 to Oct 30, 2026. DABS +0.2%. SECU +0.2%. Use the arrow keys to read each point.−1%−0.5%0.5%Jul 2026Sep 2026Oct 2026
Expense ratio
DABS 0.40%, better
SECU 0.41%
Fund size
DABS $173M
SECU $843M
1Y total return
DABS +2.5%
SECU No data
Yield (12M)
DABS 4.90%
SECU No data
Holdings
DABS 158
SECU 922
Avg volume (30D)
DABS 16.4K sh
SECU 199K sh, better
NAV per share
DABS $49.92
SECU $48.98
52W range

ETF.net Grade

DABS: Cost 50, Risk 50, Mission 43, Tradability 66, Holdings 69, Durability 61. SECU: Cost 33, Risk 32, Mission 24, Tradability 71, Holdings 70, Durability 91.
Pillar letters and Scores for DABS, SECU, with each pillar’s weight
PillarDABSSECU
Cost30% weightC50HigherD33
Mission25% weightC43HigherF24
Risk15% weightC50HigherD32
Tradability15% weightB66A71Higher
Holdings10% weightB69A70Higher
Durability5% weightB61A91Higher

Rank among Multi-Sector Securitized Bond funds

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

Same Category. DABS and SECU are both graded against the same 11 Multi-Sector Securitized Bond funds, so their Grades compare head to head.

Multi-Sector Securitized Bond⁠

Category · 11 funds
See all 11 ›

DABS ranks 2nd and SECU 4th of 11 funds in the Multi-Sector Securitized Bond Category.

  1. Rank 1ANSCINuveen Securitized IncomeScore 70
  2. Rank 2BDABSDoubleLine Asset-Backed Securities ETFScore 56
  3. Rank 3CWDEPrincipal Securitized Debt ETFScore 52
  4. Rank 4CSECUiShares Securitized Income Active ETFScore 49
  5. Rank 5CJSIJanus Henderson Securitized Income ETFScore 46

Our read on each fund

ETF.net Research

DABSBDoubleLine Asset-Backed Securities ETF

SECUCiShares Securitized Income Active ETF

In short

DABS Asset-backed bonds, the debt built on pools of consumer and business loans, are a hand-picked corner of fixed income. DABS is DoubleLine's active run at it: roughly 100 positions, monthly payouts, chasing total return with income alongside.

SECU A 2005-vintage BlackRock mortgage-bond strategy that moved into an ETF wrapper in January 2026: active, roughly 900 securitized bonds deep, at 0.41% with no waiver due to expire.

Stated mandate

DABS The Fund seeks long-term total return while also striving to generate current income.

SECU The Fund seeks high total return through active management of a diversified portfolio of securitized fixed-income assets.

Why people hold it

  • DABS The mandate is plainly stated: long-term total return while also striving to generate current income, expressed through roughly 100 securitized positions rather than a broad index sweep.doubleline.com
  • At 0.40%, it prices right at the median for its bond peer group and level with SECU, one of the stronger-standing securitized funds in that group.
  • Distributions land monthly, matching the rhythm of the loan pools underneath.
  • The bond-by-bond lineup is the strongest part of the package, and the fund sits in the upper half of its bond cohort overall.
  • SECU Rare pedigree: the strategy launched as a BlackRock mutual fund on July 29, 2005 and was reorganized into this ETF on January 23, 2026, so the research desk predates the ticker.sec.govblackrock.com
  • Wide net: roughly 900 positions spanning asset-backed bonds, agency and non-agency mortgage paper, CLOs and CMOs, up and down the capital structure.sec.gov
  • The 0.41% fee is the whole story: gross equals net, no waiver propping it up, and it sits near the median for funds in the securitized bond group.
  • Active mandate, no index leash. Managers can hold investment grade or high yield at any maturity, with at least 80% of assets in securitized exposure.sec.gov

Worth knowing

  • DABS Launched in 2025, so the history is thin. There is little track record showing how the portfolio behaves through a full credit cycle.
  • Thinly traded on a modest asset base, so the gap between the price you get and the portfolio's value can be wider than at a giant bond fund.
  • No index sits behind it. Results ride on the manager's security selection, and the 0.40% fee is the price of that judgment.doubleline.com
  • SECU At least 25% of total assets sits in non-agency mortgage bonds, which carry no US government backing. Credit and prepayment swings come attached to the income.sec.gov
  • Cheaper doors exist in the same category: Principal's WDE charges 0.19% and Nuveen's NSCI 0.38%, neither relying on a waiver.
  • The wrapper is young even if the strategy isn't, so exchange-traded history on spreads and volatility is thin next to the predecessor fund's record.sec.gov

Full DABS profile⁠

Full SECU profile⁠

DABS vs SECU Holdings

How DABS and SECU differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Countryby domicile93.0%
  • Asset classFixed Income100%

Sector

No Sector split for DABS.

Country, concentration and asset class

Country by domicile

Country weights in DABS and SECU, widest gap first
CountryMore in DABSMore in SECU
United StatesSECU +7.0 points
IrelandDABS +3.6 points
Cayman IslandsDABS +3.4 points

Concentration

Weight in the 10 largest Holdings

  • DABS17.8%
  • SECU13.1%

Securities held

  • DABS156
  • SECU919

Asset class

DABS
Fixed Income
SECU
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. DABS holds 156 securities, SECU 919.

All 98 DABS holdings⁠All 911 SECU 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.

DABS vs SECU Cost

Overpaying SECU vs DABS

$191

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

  • DABS 0.40%

    $8,090

  • SECU 0.41%

    $8,281

$10,000
30 years

Cost over time

  • DABS 0.40%
  • SECU 0.41%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SECU $8,281DABS $8,090

Year by year

YearDABSSECUOverpaying
10$723$741$18
20$2,793$2,860$67
30$8,090$8,281$191

Expense ratio

  • 0.40%DABS, cheaper
  • 0.41%SECU
  • Middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

DABS 7th cheapest of 11 funds

SECU 8th cheapest of 11 funds

DABS vs SECU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DABS 4.90%
SECU No data
Payout (12M)
DABS $2.45
SECU No data
Last payment
DABS $0.21
SECU $0.28
Ex-dividend
DABS Oct 1, 2026
SECU Oct 1, 2026
Paid on
DABS Oct 7, 2026
SECU Oct 6, 2026
Frequency
DABS Monthly
SECU Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

DABSMonthly · 19 paymentsAll DABS payments⁠
One bar per payment. 19 payments from 2025 to 2026 YTD. Apr 1, 2025 $0.10; May 1, 2025 $0.20; Jun 2, 2025 $0.20; Jul 1, 2025 $0.22; Aug 1, 2025 $0.21; Sep 2, 2025 $0.21; Oct 1, 2025 $0.21; Nov 3, 2025 $0.20; Dec 1, 2025 $0.20; Dec 23, 2025 $0.19; Feb 2, 2026 $0.19; Mar 2, 2026 $0.19; Apr 1, 2026 $0.23; May 1, 2026 $0.21; Jun 1, 2026 $0.21; Jul 1, 2026 $0.21; Aug 3, 2026 $0.21; Sep 1, 2026 $0.20; Oct 1, 2026 $0.21. Use the arrow keys to read each point.$0$0.252026YTD
SECUMonthly · 8 paymentsAll SECU payments⁠
One bar per payment. 8 payments from 2025 to 2026 YTD. Mar 2, 2026 $0.36; Apr 1, 2026 $0.25; May 1, 2026 $0.19; Jun 1, 2026 $0.24; Jul 1, 2026 $0.21; Aug 3, 2026 $0.19; Sep 1, 2026 $0.24; Oct 1, 2026 $0.28. Use the arrow keys to read each point.$0$0.252026YTD

DABS vs SECU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DABS 1.9%since Apr 2025SECU No data
Return per unit of riskSharpe ratio, 3 years
DABS 0.27since Apr 2025SECU No data
Worst fallMax drawdown, 5 years
DABS −1.4%since Mar 2025SECU No data
Market sensitivityBeta, 5 years
DABS 0.05SECU 0.80

DABS and SECU in the news

All news⁠

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