DCMT vs VTI

Quick Verdict

VTI has a lower expense ratio. DCMT delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: DCMTMore Diversified: VTI

Side-by-Side Comparison

MetricDCMTVTIWinner
Expense Ratio0.66%0.03%
AUM$39M$663.5B
Dividend Yield3.11%1.07%
Holdings93,543
YTD Return+30.12%+14.96%
1Y Return+36.14%+22.39%
3Y Return (annualized)-+21.51%
5Y Return (annualized)-+12.36%
Volatility (annualized)16.0%15.4%
Max Drawdown-16.0%-56.6%
Fund FamilyDoubleLine FundsVanguard (US)
CategoryCommodityEquity
InceptionJan 31, 2024May 24, 2001

DCMT vs VTI Performance

DoubleLine Commodity Strategy ETF (DCMT) is a ETF from DoubleLine Funds and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year DCMT returned +36.14% while VTI returned +22.39%. Year to date, DCMT is up 30.12% versus a gain of 14.96% for VTI.

Risk: Volatility and Drawdowns

DCMT has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.4% for VTI. 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 -16.0% for DCMT and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.05. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DCMT charges 0.66% per year while VTI charges 0.03%. On a $10,000 position that is $66 vs $3 annually, a gap of $63 per year that compounds over a long holding period. On income, DCMT currently yields 3.11% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

DCMT and VTI share 0 holdings out of 2784 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DCMT or VTI?

DCMT has an expense ratio of 0.66% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $63 per year of difference.

Which performed better, DCMT or VTI?

Over the past year DCMT returned +36.14% vs +22.39% for VTI, so DCMT leads on 1-year performance. Over the longest common window we track (3 years), DCMT annualized +15.14% vs +8.16% for VTI. Past performance does not guarantee future results.

Which is riskier, DCMT or VTI?

DCMT has been the more volatile fund at 16.0% annualized versus 15.4% for VTI. Worst drawdown: DCMT -16.0% vs VTI -56.6%.

Should I hold both DCMT and VTI?

DCMT and VTI have a monthly-return correlation of -0.05, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DCMT and VTI?

DCMT and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2784 unique securities.

Which pays a higher dividend, DCMT or VTI?

DCMT yields 3.11% while VTI yields 1.07%, so DCMT currently pays the higher dividend yield.

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