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
Retail Trade
Stocks99.81%
Finance15.66%
Retail Trade10.40%
Electronic Technology7.57%
Consumer Non-Durables6.78%
Utilities5.62%
Health Technology5.59%
Producer Manufacturing5.49%
Consumer Services5.47%
Technology Services4.97%
Process Industries4.83%
Transportation4.72%
Distribution Services3.95%
Energy Minerals3.86%
Consumer Durables3.28%
Industrial Services2.99%
Health Services2.95%
Commercial Services2.57%
Non-Energy Minerals2.12%
Communications0.99%
Bonds, Cash & Other0.19%
Cash0.19%
Stock breakdown by region
North America99.54%
Asia0.24%
Europe0.22%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history