Key stats
About DoubleLine ETF Trust DoubleLine Fortune 500 Equal Weight ETF
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Inception date
Jan 31, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Doubleline ETF Adviser LP
Distributor
Foreside Fund Services LLC
DFVE draws constituents from the Fortune 500 list, which comprises the top-ranked 500 US companies based on revenue. It follows an index that excludes private companies, those with non-NYSE or NASDAQ-listed equity securities, and entities failing to meet liquidity thresholds or listing period requirements. Unlike conventional indices, an equal-weighting methodology is adopted instead of a market capitalization scheme. To manage exposure, the fund may utilize derivatives, such as futures and swap contracts, as well as investments in registered open-end investment companies, including ETFs. Additionally, the fund may lend up to a third of its assets to generate additional income, with cash collateral redirected into money market instruments or funds. The fund engages in active and frequent trading, potentially resulting in a high portfolio turnover rate. The index is reconstituted annually and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.70%
Finance15.73%
Retail Trade9.67%
Electronic Technology6.94%
Consumer Non-Durables6.52%
Utilities5.87%
Health Technology5.41%
Producer Manufacturing5.39%
Consumer Services5.19%
Process Industries5.11%
Technology Services4.93%
Transportation4.49%
Energy Minerals4.25%
Distribution Services3.95%
Health Services3.47%
Consumer Durables3.46%
Industrial Services3.15%
Commercial Services2.67%
Non-Energy Minerals2.44%
Communications1.04%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
North America99.56%
Asia0.24%
Europe0.21%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DFVE invests in stocks. The fund's major sectors are Finance, with 15.73% stocks, and Retail Trade, with 9.67% of the basket. The assets are mostly located in the North America region.
DFVE last dividends amounted to 0.12 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 6.84% decrease.
DFVE assets under management is 13.56 M USD. It's risen 8.11% over the last month.
DFVE fund flows account for −10.80 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DFVE pays dividends to its holders with the dividend yield of 1.66%. The last dividend (Apr 7, 2025) amounted to 0.12 USD. The dividends are paid quarterly.
DFVE shares are issued by Doubleline ETF Holdings LP under the brand DoubleLine. The ETF was launched on Jan 31, 2024, and its management style is Active.
DFVE expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
DFVE follows the Barclays Fortune 500 Equal Weighted Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DFVE invests in stocks.
DFVE price has risen by 9.26% over the last month, and its yearly performance shows a 4.57% increase. See more dynamics on DFVE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a −2.99% decrease in three-month performance and has decreased by −0.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a −2.99% decrease in three-month performance and has decreased by −0.25% in a year.
DFVE trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.