
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT
- About
Doubleline Etf Trust - Mortgage ETF (DMBS)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: DMBS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 7.61% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 45.58 - 49.28 | Updated Date 06/30/2025 |
52 Weeks Range 45.58 - 49.28 | Updated Date 06/30/2025 |
Upturn AI SWOT
Doubleline Etf Trust - Mortgage ETF
ETF Overview
Overview
The DoubleLine Mortgage ETF (DLBS) seeks to maximize current income by investing primarily in a diversified portfolio of mortgage-backed securities (MBS), including those issued and guaranteed by U.S. government agencies and instrumentalities. The ETF aims to provide exposure to the U.S. mortgage market with a focus on income generation.
Reputation and Reliability
DoubleLine Capital is a well-regarded investment management firm known for its expertise in fixed income and particularly mortgage-backed securities.
Management Expertise
The management team at DoubleLine Capital has extensive experience and a strong track record in managing fixed income portfolios, including mortgage-backed securities.
Investment Objective
Goal
The ETF seeks to maximize current income.
Investment Approach and Strategy
Strategy: The ETF does not aim to track a specific index but rather employs an active investment strategy to select mortgage-backed securities.
Composition The ETF primarily holds mortgage-backed securities, including agency MBS, non-agency MBS, and other related fixed-income instruments.
Market Position
Market Share: Insufficient public data available for accurate market share calculation.
Total Net Assets (AUM): 1834000000
Competitors
Key Competitors
- iShares MBS ETF (MBB)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
Competitive Landscape
The mortgage-backed securities ETF market is dominated by a few large players like iShares and Vanguard. DLBS, with its active management approach, seeks to outperform passively managed index trackers by leveraging DoubleLine's expertise in MBS. A disadvantage is DLBS's higher expense ratio compared to its passive competitors, potentially impacting overall returns relative to competitors.
Financial Performance
Historical Performance: Historical performance data is readily available through financial data providers; however, precise data points are constantly changing.
Benchmark Comparison: The ETF's performance is typically compared to benchmarks such as the Bloomberg Barclays U.S. Mortgage Backed Securities Index.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
The average trading volume can vary, but it generally reflects sufficient liquidity for most investors, but can be lower than its bigger competitors.
Bid-Ask Spread
The bid-ask spread is typically relatively tight, reflecting reasonable trading costs under normal market conditions.
Market Dynamics
Market Environment Factors
Economic factors such as interest rate movements, housing market trends, and credit spreads significantly impact the performance of mortgage-backed securities.
Growth Trajectory
The growth trajectory depends on factors like the overall health of the housing market and investor demand for fixed-income assets. Changes to strategy will be based on Doubleline's view of the mortgage market.
Moat and Competitive Advantages
Competitive Edge
DoubleLine's expertise in mortgage-backed securities management provides a competitive advantage for DLBS through active security selection and risk management. Their active approach allows for strategic allocation to different types of MBS based on market conditions. The DoubleLine team's deep understanding of credit risk and prepayment risk helps to generate alpha. However, the higher expense ratio of the actively managed fund might be a disadvantage during prolonged bull markets.
Risk Analysis
Volatility
The ETF's volatility is influenced by interest rate sensitivity and credit risk within the mortgage market.
Market Risk
Market risk includes interest rate risk, prepayment risk, and credit risk associated with the underlying mortgage-backed securities.
Investor Profile
Ideal Investor Profile
The ideal investor profile for DLBS is someone seeking current income, exposure to the mortgage-backed securities market, and willing to accept moderate levels of risk.
Market Risk
DLBS is suitable for long-term investors seeking income diversification or tactical investors who want to take advantage of current conditions within the mortgage market.
Summary
The DoubleLine Mortgage ETF (DLBS) offers investors exposure to the mortgage-backed securities market through an actively managed strategy. Doubleline's established expertise provides a potential edge in navigating the complexities of MBS investing. DLBS aims to maximize current income, making it appealing for income-seeking investors. However, the higher expense ratio compared to passively managed competitors and interest rate sensitivity should be considered, so investors should weigh these factors when determining whether to invest in DLBS.
Peer Comparison
Sources and Disclaimers
Data Sources:
- DoubleLine Capital Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Doubleline Etf Trust - Mortgage ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The fund is an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in residential mortgage-backed securities (RMBS) and other residential mortgage-related securities (together, "Residential Mortgage Securities") deemed to be rated investment grade at the time of purchase. The fund is non-diversified.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.