Key stats
About DoubleLine ETF Trust DoubleLine Commodity Strategy ETF
Expense ratio
0.65%
Home page
Inception date
Jan 31, 2024
DCMT offers broad exposure to commodities, encompassing industrial and precious metals, energy, agricultural, and livestock. The fund obtains exposure through commodity derivatives via subsidiaries outside the US, thereby avoiding K-1 tax forms. These contracts are linked to a multi-strategy index that favors commodities exhibiting backwardation. The fund employs carry, seasonality, and momentum factors to identify the most attractive contracts. Specifically, it aims to select futures with the best carry trade for the next month. Swap selection is based on the counterparties' cost, reliability, operational compatibility, and creditworthiness. Investments may include debts for additional total return. The fund uses leverage to amplify commodity exposure, matching its total asset value. DCMT may shift from the Barclays index to different strategies, such as exploring alternative commodities exposure.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government95.73%
Cash4.27%
Displays a symbol's price movements over previous years to identify recurring trends.