DBND vs IVV
DBND vs IVV
DoubleLine Opportunistic Core Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. DBND offers more diversification with 586 holdings.
Side-by-Side Comparison
| Metric | DBND | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $741M | $865.2B | |
| Dividend Yield | 4.77% | 1.09% | |
| Holdings | 1,097 | 508 | |
| YTD Return | -0.83% | +9.93% | |
| 1Y Return | +2.55% | +19.59% | |
| 3Y Return (annualized) | +4.43% | +19.41% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 6.0% | 15.1% | |
| Max Drawdown | -9.4% | -56.5% | |
| Fund Family | DoubleLine Funds | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2022 | May 15, 2000 |
DBND vs IVV Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is a ETF from DoubleLine Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DBND returned +2.55% while IVV returned +19.59%. Year to date, DBND is down 0.83% versus a gain of 9.93% for IVV.
Over three years, DBND compounded at +4.43% per year against +19.41% for IVV. Across the full 4-year window we track, IVV has the edge at +6.91% annualized vs +2.17%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.0% for DBND. 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 -56.5% for IVV. 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DBND charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, DBND currently yields 4.77% against 1.09% for IVV.
Holdings Overlap
DBND and IVV share 0 holdings out of 1091 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, DBND or IVV?
DBND has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, DBND or IVV?
Over the past year DBND returned +2.55% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), DBND annualized +2.17% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, DBND or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs IVV -56.5%.
Should I hold both DBND and IVV?
DBND and IVV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBND and IVV?
DBND and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1091 unique securities.
Which pays a higher dividend, DBND or IVV?
DBND yields 4.77% while IVV yields 1.09%, so DBND currently pays the higher dividend yield.
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