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ETFs

DoubleLine Opportunistic Bond ETF

DBND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 31 2022
Expense Ratio
0.50%
Type
Global Bonds
Fund Owner
DoubleLine Funds
Volume (1m avg. daily)
$935,955
AUM
$148,599,850
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED 3.625% 05/53
12.02%
n/a
UNITED 3.375% 05/33
10.07%
n/a
UNITED 3.875% 05/43
2.17%
n/a
UMBS MORTPASS 5% 01/53
1.92%
n/a
UMBS MORTPASS 2.5% 12/50
1.89%
n/a
UMBS MORTPASS 3% 08/52
1.73%
n/a
UMBS MORTPASS 3.5% 05/52
1.70%
n/a
UMBS MORTPASS 4.5% 07/52
1.66%
n/a
UMBS MORTPASS 4% 12/52
1.52%
n/a
JPMORGAN U.S. VAR 12/49
1.38%
Invest with DBND

What is DBND?

The Opportunistic Bond ETF seeks to maximize current income and total return by investing in a universe of fixed income instruments, including U.S. government securities, agency mortgage-backed securities (MBS), non-agency MBS, commercial MBS, global developed credit, international fixed income instruments, and emerging markets fixed income instruments.

ETFs related toDBND

ETFs correlated to DBND include BBLB, JCPB, FLCB

DBND
DoubleLine ETF Trust - DoubleLine Opportunistic Bond ETF
BBLB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
GCOR
Goldman Sachs ETF Trust - Goldman Sachs Access U.S. Aggregate Bond ETF
BNDC
FlexShares Trust - FlexShares Core Select Bond Fund
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AGGY
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond ETF
PLW
Invesco Capital Management LLC - Invesco 1-30 Laddered Treasury ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBND

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DBND using Composer

FAQ

DBND is a Global Bonds ETF. The Opportunistic Bond ETF seeks to maximize current income and total return by investing in a universe of fixed income instruments, including U.S. government securities, agency mortgage-backed securities (MBS), non-agency MBS, commercial MBS, global developed credit, international fixed income instruments, and emerging markets fixed income instruments.

Yes, DBND is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DBND is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DBND is -0.0037%. This is the percent change in the value of DBND over the most recent 1-month period. The 3-month return on DBND is 0.0198%. This is the percent change in the value of DBND over the most recent 3-month period.

The standard deviation of DBND for the past year is 0.0585%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DBND include FLOT, BND, and MINT.

ETFs correlated to DBND include BBLB, JCPB, and FLCB.

ETFs that are inversely correlated to DBND include PST, TTT, and TBT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.