DCMT vs OVM
Comparison between DOUBLELINE COMMODITY STRATEGY ETF (DCMT, ETF) and OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF).
DCMT vs OVM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
DCMT
$38M
OVM
$38M
Expense Ratio
Winner
DCMT
0.66%
OVM
0.81%
Max Drawdown
Winner
DCMT
11.95%
OVM
24.24%
Sharpe Ratio
DCMT
1.33
Winner
OVM
1.59
5Y Beta
Winner
DCMT
0.12
OVM
0.18
5Y Dividends CAGR
DCMT
N/A
OVM
5.40%
DCMT vs OVM - Historical Returns
Returns include dividend reinvestment.
1M
DCMT
-9.16%
Winner
OVM
+1.10%
3M
DCMT
+0.83%
Winner
OVM
+1.45%
6M
Winner
DCMT
+25.50%
OVM
+4.26%
1Y
Winner
DCMT
+25.57%
OVM
+10.71%
5Y(CAGR)
DCMT
N/A
OVM
+1.39%
Max(CAGR)
Winner
DCMT
+14.84%
OVM
+2.71%
DCMT vs OVM - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | DCMT | OVM |
|---|---|---|
| 2026 | +24.43% | +3.30% |
| 2025 | +5.09% | +4.18% |
| 2024 | +4.95% | +3.99% |
| 2023 | N/A | +6.98% |
| 2022 | N/A | -11.22% |
| 2021 | N/A | +4.98% |
| 2020 | N/A | +6.00% |
| 2019 | N/A | +1.72% |
DCMT vs OVM Drawdown Comparison
The maximum drawdown for DCMT was -11.95%, occurring on Apr 8, 2025. Recovery took 144 trading sessions.
The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.
The current DCMT drawdown is -10.47%. The current OVM drawdown is -0.57%.
| Rank | DCMT | OVM |
|---|---|---|
| #1 | -11.95% Feb 19, 2025 - Sep 16, 2025 | -15.58% Dec 28, 2021 - Oct 2, 2024 |
| #2 | -11.28% Apr 5, 2024 - Jan 10, 2025 | -14.90% Feb 20, 2020 - Jul 9, 2020 |
| #3 | -10.47% May 19, 2026 - Jun 15, 2026 | -8.20% Dec 6, 2024 - Oct 15, 2025 |
| #4 | -5.48% Apr 6, 2026 - Apr 23, 2026 | -2.44% Feb 27, 2026 - Apr 30, 2026 |
| #5 | -5.14% Jan 29, 2026 - Feb 27, 2026 | -2.22% Feb 12, 2021 - Apr 15, 2021 |
| #6 | -4.72% Mar 18, 2026 - Mar 27, 2026 | -2.12% Oct 2, 2024 - Nov 27, 2024 |
| #7 | -4.38% May 4, 2026 - May 12, 2026 | -2.06% Sep 9, 2021 - Dec 28, 2021 |
| #8 | -3.78% Nov 11, 2025 - Jan 6, 2026 | -1.84% Aug 10, 2020 - Nov 17, 2020 |
| #9 | -3.24% Sep 16, 2025 - Nov 11, 2025 | -1.50% Oct 27, 2025 - Dec 10, 2025 |
| #10 | -2.81% Mar 30, 2026 - Apr 6, 2026 | -1.24% May 8, 2026 - May 27, 2026 |
| #11 | -2.12% Mar 12, 2026 - Mar 18, 2026 | -1.22% Jan 14, 2026 - Feb 2, 2026 |
| #12 | -1.99% Jan 15, 2025 - Feb 10, 2025 | -1.17% Dec 24, 2020 - Jan 20, 2021 |
| #13 | -1.95% Feb 12, 2024 - Mar 7, 2024 | -1.07% Jun 4, 2026 - Jun 10, 2026 |
| #14 | -1.30% May 12, 2026 - May 19, 2026 | -0.82% May 7, 2021 - May 25, 2021 |
| #15 | -1.10% Mar 18, 2024 - Mar 28, 2024 | -0.78% Jan 23, 2020 - Feb 11, 2020 |
Correlation
Correlation between DCMT and OVM is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
0.81
-101
Dividend Comparison (2019 - 2026)
DCMT vs OVM dividend yield comparison.
| Year | DCMT | OVM |
|---|---|---|
| 2026 | 0.00% | 2.15% |
| 2025 | 3.67% | 5.45% |
| 2024 | 1.59% | 4.91% |
| 2023 | 0.00% | 4.66% |
| 2022 | 0.00% | 4.21% |
| 2021 | 0.00% | 6.10% |
| 2020 | 0.00% | 3.97% |
| 2019 | 0.00% | 0.58% |
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