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Upturn AI SWOT - About
Doubleline Etf Trust - Mortgage ETF (DMBS)
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Upturn Advisory Summary
02/07/2025: DMBS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 5.42% | Avg. Invested days 39 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 02/07/2025 |
Key Highlights
Volume (30-day avg) 68744 | Beta - | 52 Weeks Range 44.84 - 49.44 | Updated Date 04/1/2025 |
52 Weeks Range 44.84 - 49.44 | Updated Date 04/1/2025 |
Upturn AI SWOT
Doubleline Etf Trust - Mortgage ETF
ETF Overview
Overview
The DoubleLine Mortgage ETF (DLY) focuses on investing in mortgage-backed securities (MBS), primarily agency MBS, aiming to provide current income. It allocates assets across various mortgage securities, managed by DoubleLine's experienced team, employing an active investment strategy.
Reputation and Reliability
DoubleLine is known for its expertise in fixed income, with a solid reputation and track record.
Management Expertise
DoubleLine's management team, led by Jeffrey Gundlach, has extensive experience and a strong reputation in fixed income investing.
Investment Objective
Goal
The primary investment objective of DLY is to seek current income by investing primarily in mortgage-backed securities.
Investment Approach and Strategy
Strategy: DLY employs an active management strategy, selecting and weighting mortgage-backed securities based on DoubleLine's assessment of relative value.
Composition DLY primarily holds mortgage-backed securities, with a focus on agency MBS. The ETF may also invest in other fixed-income instruments.
Market Position
Market Share: DLY's market share within the mortgage ETF space is moderate but still considerable and well-established.
Total Net Assets (AUM): 142.47
Competitors
Key Competitors
- iShares MBS ETF (MBB)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
Competitive Landscape
The mortgage ETF market is dominated by large, established players like iShares and Vanguard. DLY competes by offering active management and DoubleLine's expertise in fixed income. Advantages include potential for outperformance through active management, but disadvantages include higher expense ratios and potential for underperformance relative to passive benchmarks.
Financial Performance
Historical Performance: Historical performance data unavailable but can be obtained through brokerage platforms, with time periods of 1yr, 3yr, 5yr, and 10yr.
Benchmark Comparison: Benchmark Comparison data unavailable but can be obtained through brokerage platforms, with time periods of 1yr, 3yr, 5yr, and 10yr.
Expense Ratio: 0.35
Liquidity
Average Trading Volume
DLY's average trading volume is moderate, indicating adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for DLY is generally tight, reflecting good liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and housing market trends significantly impact DLY. Sector growth prospects depend on mortgage origination and refinancing activity, while current market conditions influence MBS valuations.
Growth Trajectory
The growth trajectory of DLY depends on DoubleLine's ability to generate alpha through active management and the overall performance of the mortgage-backed securities market. Changes to strategy and holdings are made based on DoubleLine's market outlook.
Moat and Competitive Advantages
Competitive Edge
DLY's competitive edge lies in its active management approach, leveraging DoubleLine's expertise in fixed income and mortgage-backed securities. The firm's research capabilities and active trading strategies aim to identify undervalued securities and generate alpha. This distinguishes DLY from passive mortgage ETFs, potentially delivering superior risk-adjusted returns. This fund provides investors access to DoubleLineu2019s expertise in navigating the complexities of the mortgage market.
Risk Analysis
Volatility
DLY's volatility is generally moderate, reflecting the characteristics of mortgage-backed securities.
Market Risk
Specific risks include interest rate risk, prepayment risk, and credit risk associated with mortgage-backed securities. Changes in interest rates can negatively impact MBS valuations, while prepayment risk arises from homeowners refinancing their mortgages.
Investor Profile
Ideal Investor Profile
The ideal investor for DLY is one seeking current income and exposure to the mortgage-backed securities market, willing to accept the risks associated with active management.
Market Risk
DLY is suitable for long-term investors seeking income, but active traders may also find it appealing due to its potential for outperformance.
Summary
The DoubleLine Mortgage ETF (DLY) provides exposure to the mortgage-backed securities market through active management. DoubleLineu2019s fixed income expertise aims to generate current income and outperform passive benchmarks. The ETF has a moderate volatility and contains risks like interest rate and prepayment risks. The ideal investor is seeking income and is tolerant of the risk of active management and inherent complexities of mortgage-backed securities.
Similar Companies
AGG
iShares Core U.S. Aggregate Bond ETF
AGG
iShares Core U.S. Aggregate Bond ETF
BND
Vanguard Total Bond Market Index Fund ETF Shares
BND
Vanguard Total Bond Market Index Fund ETF Shares
MBB
iShares MBS ETF
MBB
iShares MBS ETF
SPMB
SPDR Portfolio Mortgage Backed Bond
SPMB
SPDR Portfolio Mortgage Backed Bond
VMBS
Vanguard Mortgage-Backed Securities Index Fund ETF Shares
VMBS
Vanguard Mortgage-Backed Securities Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- DoubleLine Funds
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered 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.
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