OVM vs DCMT
Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and DOUBLELINE COMMODITY STRATEGY ETF (DCMT, ETF).
OVM vs DCMT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OVM
$38M
Winner
DCMT
$38M
Expense Ratio
OVM
0.81%
Winner
DCMT
0.66%
Max Drawdown
OVM
24.24%
Winner
DCMT
11.95%
Sharpe Ratio
Winner
OVM
1.62
DCMT
1.43
5Y Beta
OVM
0.18
Winner
DCMT
0.13
5Y Dividends CAGR
OVM
5.40%
DCMT
N/A
OVM vs DCMT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
OVM
+0.38%
DCMT
-8.79%
3M
Winner
OVM
+1.75%
DCMT
+0.02%
6M
OVM
+3.80%
Winner
DCMT
+26.56%
1Y
OVM
+10.32%
Winner
DCMT
+30.36%
5Y(CAGR)
OVM
+1.33%
DCMT
N/A
Max(CAGR)
OVM
+2.68%
Winner
DCMT
+15.55%
OVM vs DCMT - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | OVM | DCMT |
|---|---|---|
| 2026 | +3.06% | +26.10% |
| 2025 | +4.18% | +5.09% |
| 2024 | +3.99% | +4.95% |
| 2023 | +6.98% | N/A |
| 2022 | -11.22% | N/A |
| 2021 | +4.98% | N/A |
| 2020 | +6.00% | N/A |
| 2019 | +1.72% | N/A |
OVM vs DCMT Drawdown Comparison
The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.
The maximum drawdown for DCMT was -11.95%, occurring on Apr 8, 2025. Recovery took 144 trading sessions.
The current OVM drawdown is -0.80%. The current DCMT drawdown is -9.27%.
| Rank | OVM | DCMT |
|---|---|---|
| #1 | -15.58% Dec 28, 2021 - Oct 2, 2024 | -11.95% Feb 19, 2025 - Sep 16, 2025 |
| #2 | -14.90% Feb 20, 2020 - Jul 9, 2020 | -11.28% Apr 5, 2024 - Jan 10, 2025 |
| #3 | -8.20% Dec 6, 2024 - Oct 15, 2025 | -9.27% May 19, 2026 - Jun 12, 2026 |
| #4 | -2.44% Feb 27, 2026 - Apr 30, 2026 | -5.48% Apr 6, 2026 - Apr 23, 2026 |
| #5 | -2.22% Feb 12, 2021 - Apr 15, 2021 | -5.14% Jan 29, 2026 - Feb 27, 2026 |
| #6 | -2.12% Oct 2, 2024 - Nov 27, 2024 | -4.72% Mar 18, 2026 - Mar 27, 2026 |
| #7 | -2.06% Sep 9, 2021 - Dec 28, 2021 | -4.38% May 4, 2026 - May 12, 2026 |
| #8 | -1.84% Aug 10, 2020 - Nov 17, 2020 | -3.78% Nov 11, 2025 - Jan 6, 2026 |
| #9 | -1.50% Oct 27, 2025 - Dec 10, 2025 | -3.24% Sep 16, 2025 - Nov 11, 2025 |
| #10 | -1.24% May 8, 2026 - May 27, 2026 | -2.81% Mar 30, 2026 - Apr 6, 2026 |
| #11 | -1.22% Jan 14, 2026 - Feb 2, 2026 | -2.12% Mar 12, 2026 - Mar 18, 2026 |
| #12 | -1.17% Dec 24, 2020 - Jan 20, 2021 | -1.99% Jan 15, 2025 - Feb 10, 2025 |
| #13 | -1.07% Jun 4, 2026 - Jun 10, 2026 | -1.95% Feb 12, 2024 - Mar 7, 2024 |
| #14 | -0.82% May 7, 2021 - May 25, 2021 | -1.30% May 12, 2026 - May 19, 2026 |
| #15 | -0.78% Jan 23, 2020 - Feb 11, 2020 | -1.10% Mar 18, 2024 - Mar 28, 2024 |
Correlation
Correlation between OVM and DCMT is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
0.81
-101
Dividend Comparison (2019 - 2026)
OVM vs DCMT dividend yield comparison.
| Year | OVM | DCMT |
|---|---|---|
| 2026 | 2.16% | 0.00% |
| 2025 | 5.45% | 3.67% |
| 2024 | 4.91% | 1.59% |
| 2023 | 4.66% | 0.00% |
| 2022 | 4.21% | 0.00% |
| 2021 | 6.10% | 0.00% |
| 2020 | 3.97% | 0.00% |
| 2019 | 0.58% | 0.00% |
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