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About DoubleLine Shiller CAPE U.S. Equities ETF
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Inception date
Mar 31, 2022
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
CAPE aims to beat the S&P 500 Index by actively investing in US stocks of various sizes, excluding penny stocks. The fund considers constituents of the Shiller Barclays CAPE US Sector TR USD Index. Each month, the index considers five sectors deemed most undervalued according to their modified CAPE (cyclically adjusted price earnings) ratio. The sector with the lowest 12-month price momentum is excluded. The remaining four sectors are equally weighted and constitute the portfolio. By using the modified CAPE ratio, the fund analyzes longer-term performance of sectors that consistently trade at certain levels that may be overlooked by the classic CAPE ratio. The non-transparent fund does not provide daily disclosure of its portfolio. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility. Prior to May 25, 2022, the fund traded under the ticker DCPE.
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
Consumer Non-Durables
Retail Trade
Technology Services
Consumer Services
Stocks99.60%
Finance24.10%
Consumer Non-Durables18.58%
Retail Trade17.87%
Technology Services13.85%
Consumer Services13.55%
Consumer Durables4.85%
Communications3.99%
Commercial Services1.09%
Distribution Services0.77%
Process Industries0.50%
Electronic Technology0.25%
Producer Manufacturing0.20%
Bonds, Cash & Other0.40%
Cash0.40%
Stock breakdown by region
North America99.64%
Europe0.36%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CAPE invests in stocks. The fund's major sectors are Finance, with 24.10% stocks, and Consumer Non-Durables, with 18.58% of the basket. The assets are mostly located in the North America region.
CAPE top holdings are Amazon.com, Inc. and Meta Platforms Inc Class A, occupying 4.97% and 4.56% of the portfolio correspondingly.
CAPE last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 65.86% decrease.
CAPE assets under management is 299.94 M USD. It's risen 2.59% over the last month.
CAPE fund flows account for −127.62 M 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, CAPE pays dividends to its holders with the dividend yield of 1.23%. The last dividend (Apr 7, 2025) amounted to 0.08 USD. The dividends are paid quarterly.
CAPE shares are issued by Doubleline ETF Holdings LP under the brand DoubleLine. The ETF was launched on Mar 31, 2022, and its management style is Active.
CAPE expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
CAPE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CAPE invests in stocks.
CAPE price has risen by 2.64% over the last month, and its yearly performance shows a 10.88% increase. See more dynamics on CAPE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a −2.83% decrease in three-month performance and has increased by 12.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a −2.83% decrease in three-month performance and has increased by 12.29% in a year.
CAPE trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.