DCMT ETF — DoubleLine Commodity Strategy ETF

DoubleLine Commodity Strategy ETF (DCMT)

Updated October 16, 2026.

DCMT is an ETF. its distribution rate is 2.47%, its trailing-12-month yield is 2.47%, its expense ratio is 0.66%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 65.3% over the past 2.7 years, 4.2 points ahead of SPY at 61.1%.

DoubleLine Commodity Strategy ETF is an actively managed ETF that seeks total return over a full market cycle through long exposures to commodity-related investments, including industrial metals, precious metals, energy commodities, and agricultural products. The fund carries a modest current distribution rate and a net expense ratio of 0.66%. It may appeal to investors seeking commodity exposure and current income, though as a non-diversified fund it carries concentrated risk.

DCMT performance versus SPY

Price and return data through 2026-10-16.

Total return is 65.3% over the past 2.7 years, 4.2 points ahead of SPY at 61.1%. Over the past year its total return — price change plus distributions reinvested — is 49.4%. Its deepest 1-year drawdown was 16.0%.

DCMT key facts

Distribution Safety Score™

50 · Unproven

Issuer

DoubleLine

Asset type

ETF

Asset class

Equity

Inception date

01/31/2024

Expense ratio

0.66%

Distribution rate

2.47%

Distribution frequency

Annual

Trailing yield

2.47%

Last close

$38.77 (as of 2026-10-16)

AUM

$47,364,372

Average volume

19044.0

Dividend

$0.958

Ex-dividend date

12/23/2025

Payment date

12/30/2025

How Dividend Vision calculates yield and returns

Distribution rate (2.47%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: DoubleLine; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DCMT risks and drawbacks

DCMT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 16.0%.

Who may consider DCMT — and who may not

DCMT may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DCMT pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on DCMT

• All tickers starting with D

Frequently asked questions

More securities from DoubleLine.