DBND vs SIFI
DoubleLine Opportunistic Core Bond ETF vs Harbor Ares Systematic Multi-Sector Income ETF
Which is better, DBND or SIFI?
SIFI has been ahead.
DBND has a lower expense ratio. SIFI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DBND | SIFI |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.50% |
| AUM | $833M | $23M |
| Dividend Yield | 4.89% | 8.29% |
| Holdings | 1,297 | 189 |
| YTD Return | -2.58% | -0.53%Best |
| 1Y Return | -2.02% | +0.71%Best |
| 3Y Return (annualized) | +4.21% | +5.97%Best |
| 5Y Return (annualized) | - | +2.24% |
| Volatility (annualized) | 6.1% | 5.3%Best |
| Max Drawdown | -9.4% | -7.0%Best |
| $10,000 over 4.6 years | $10,777 | $11,977Best |
| Fund Family | DoubleLine Funds | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Mar 31, 2022 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Apr 5, 2022 to Nov 13, 2026 (4.6 years).
DBND vs SIFI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.6 years both funds cover.
DBND vs SIFI Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is an ETF from DoubleLine Funds and Harbor Ares Systematic Multi-Sector Income ETF (SIFI) is an ETF from Harbor Funds. Over the past year DBND returned -2.02% while SIFI returned +0.71%. Year to date, DBND is down 2.58% versus a loss of 0.53% for SIFI.
Over three years, DBND compounded at +4.21% per year against +5.97% for SIFI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBND has been the more volatile fund, with annualized monthly volatility of 6.1% compared with 5.3% for SIFI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.4% for DBND and -7.0% for SIFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DBND charges 0.45% per year while SIFI charges 0.50%. On a $10,000 position that is $45 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, DBND currently yields 4.89% against 8.29% for SIFI.
Holdings Overlap
We hold position weights for 498 holdings in DBND and 134 in SIFI, totalling 49.5% and 67.3% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 8 positions appear in both.
8 positions in common, counted across the 498 positions we hold weights for in DBND and 134 in SIFI, against full books of 1,297 and 189.
Top Shared Holdings
| Stock | Weight in DBND | Weight in SIFI | Difference |
|---|---|---|---|
| LIND 7 09/15/30 144ALINDBLAD EXPEDITIONS LLC SR SECURED 144A 09/30 7 | 0.02% | 0.87% | 0.85% |
| HOUS 9.75 04/15/30 1Anywhere Real Estate Group LLC/Anywhere Co-Issuer Corp. 0.0975% 04/15/2030 | 0.01% | 0.61% | 0.60% |
| CTREV 3.875 06/30/28Ctr Partnership/Caretrst 3.875 06/30/2028 | 0.05% | 0.55% | 0.50% |
| CRWV 9.25 06/01/30 1Coreweave Inc 144A W/O Rts 9.25 06/01/2030 | 0.02% | 0.48% | 0.46% |
| CCLBCN 3.05 06/01/30Ccl Industries Inc 3.05% 2030-06-01 | 0.03% | 0.40% | 0.37% |
| IEX 3 05/01/30Idex Corp 3 05/01/2030 | 0.02% | 0.40% | 0.38% |
| VRSN 5.25 06/01/32Verisign Inc 5.25 06/01/2032 | 0.05% | 0.28% | 0.23% |
| JBLU 9.875 09/20/31 | 0.00% | 0.09% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of DBND and SIFI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBND or SIFI?
DBND has an expense ratio of 0.45% while SIFI charges 0.50%. DBND is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, DBND or SIFI?
Over the past year DBND returned -2.02% vs +0.71% for SIFI, so SIFI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBND or SIFI?
DBND has been the more volatile fund at 6.1% annualized versus 5.3% for SIFI. Worst drawdown: DBND -9.4% vs SIFI -7.0%.
Should I hold both DBND and SIFI?
DBND and SIFI have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DBND or SIFI?
DBND yields 4.89% while SIFI yields 8.29%, so SIFI currently pays the higher dividend yield.
Is SIFI better than DBND?
DBND has a lower expense ratio. SIFI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.