Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
DMBS
Upturn stock ratingUpturn stock rating

Doubleline Etf Trust - Mortgage ETF (DMBS)

Upturn stock ratingUpturn stock rating
$49.16
Last Close (24-hour delay)
Profit since last BUY2.27%
upturn advisory
Consider higher Upturn Star rating
BUY since 41 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: DMBS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

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 stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

ai summary icon Upturn AI SWOT

Doubleline Etf Trust - Mortgage ETF

stock logo

ETF Overview

overview logo 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.

reliability logo Reputation and Reliability

DoubleLine Capital is a well-regarded investment management firm known for its expertise in fixed income and particularly mortgage-backed securities.

reliability logo 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

overview logo 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

overview logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.