DoubleLine Opportunistic Bond ETF (DBND) Performance
DBND total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.8% since Dec 31, 2025
- 1 year
- −1.5% total return
- 3 years
- +5.7% a year
- Since first price
- +1.9% a year since 2022
DBND trailing returns vs AGG, TLT, SPY
| Period | DBND total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.8% | −2.0% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.0% | −4.3% | −1.5% | −3.8% | +7.8% |
| YTD | −1.8% | −5.2% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.5% | −6.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.0%+5.7%/yr | +1.8% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionApr 6, 2022 | +8.9%+1.9%/yr | −11.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DBND vs AGG
From Apr 6, 2022: DBND grew to $10,889, AGG to $10,641.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DBND returns by calendar year
3 of 3 full years positive. Best 2025 (+7.4%), worst 2024 (+3.1%). 2026 is year to date.
DBND annual returns table
| Year | DBND | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.8% | −4.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.4% | −2.3% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.1% | −3.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.3% | −6.8% | +5.7% | +2.8% | +26.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DBND largest drawdowns
Now 3.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 6, 2022 | −9.3% | Oct 24, 2022 | Dec 27, 2023 | 7 months | 1.7 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
DBND risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +4.5% | +1.8% |
| Volatility (annualized) | 5.5% | 6.1% |
| Sharpe ratio | 0.04 | -0.35 |
| Sortino ratio | 0.06 | -0.46 |
| Best month | +4.5% | +4.5% |
| Worst month | −2.8% | −3.9% |
| Best 12 months | +13.0% | +13.0% |
| Worst 12 months | −2.1% | −2.2% |
| Positive months | 69% | 58% |
| Beta vs S&P 500 | 0.23 | — |
| Correlation with S&P 500 | 0.52 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DBND rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 43 | −2.2% | +3.8% | +13.0% | 84% |
| 3-year (a year) | 19 | +2.2% | +4.5% | +6.2% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
DBND performance overview
DoubleLine Opportunistic Bond ETF (DBND) returned −1.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +1.9% a year, turning $10,000 into about $10,889. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −9.3%, from Apr 6, 2022 to Oct 24, 2022, and it took 1.2 years to get back to the old high. DBND finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+7.4%) and the worst 2024 (+3.1%). Volatility has been 6.1% a year.
Related: DBND chart, DBND dividends, DBND bond profile. See the DBND overview for the latest quote and fund facts.
DBND performance FAQ
What is the DBND return over the past year?
DBND returned −1.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.1%.
How much would $10,000 invested in DBND be worth?
$10,000 invested in DBND at its first recorded close on April 6, 2022 would be worth about $10,889 on October 23, 2026 with distributions reinvested.
What was the worst year for DBND?
The worst calendar year was 2024, with a total return of +3.1%. The best was 2025 at +7.4%.
What is the biggest drawdown of DBND?
The largest peak-to-trough decline was −9.3% between April 6, 2022 and October 24, 2022. It recovered to the old high on December 27, 2023, 1.2 years after the bottom.
How volatile is DBND?
Over the past 3 years DBND had an annualized volatility of 5.5% and a Sharpe ratio of 0.04 (excess return over 1–3 month T-bills per unit of risk).