DBMF: iMGP DBi Managed Futures Strategy ETF
About
DBMF was created on 2019-05-08 by iM. The fund's investment portfolio concentrates primarily on global macro alternatives. DBMF aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers.
Current Value
$26.961 Year Return
Current Value
$26.961 Year Return
Key Details
Assets Under Management
$1.02B
Div Yield %
5.24%
P/E Ratio
-
Net Asset Value
$26.96
Expense Ratio
0.85%
1Y ETF Return
0.03%
Strategies that include DBMF
Stock's related to DBMF
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IBKR | 37.78% | $20.20B | +131.83% | 0.37% |
| HQY | 35.27% | $8.97B | +52.15% | 0.00% |
| EFR | 26.49% | $1.42B | -14.34% | 0.00% |
| NXE | 26.44% | $4.79B | +29.91% | 0.00% |
| CRBG | 26.43% | $17.31B | +52.15% | 3.02% |
| HCC | 26.34% | $3.58B | +27.38% | 0.47% |
| ACA | 26.26% | $5.12B | +42.71% | 0.19% |
| VNOM | 26.24% | $5.48B | +79.62% | 3.35% |
| RGA | 26.17% | $14.97B | +41.90% | 1.52% |
| INSW | 26.10% | $2.07B | +1.70% | 1.14% |
| TNK | 26.10% | $1.48B | -12.01% | 2.31% |
| PWR | 25.98% | $48.83B | +80.40% | 0.11% |
| AXP | 25.97% | $201.15B | +75.95% | 0.94% |
| SDRL | 25.93% | $2.74B | -4.48% | 0.00% |
| GHM | 25.92% | $464.78M | +132.21% | 0.00% |
| GBDC | 25.92% | - | - | 10.14% |
| TECK | 25.86% | $24.49B | +31.13% | 0.78% |
| ITT | 25.82% | $12.47B | +41.97% | 0.81% |
| TSM | 25.76% | $983.61B | +92.73% | 1.17% |
| ULH | 25.72% | $1.25B | +97.14% | 0.88% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AVDL | <0.01% | $1.03B | -3.16% | 0.00% |
| FRME | 0.01% | $2.51B | +38.53% | 3.21% |
| CINF | -0.02% | $23.54B | +48.25% | 2.10% |
| CSGP | 0.02% | $29.55B | -13.45% | 0.00% |
| NSP | 0.03% | $2.71B | -35.95% | 3.23% |
| VSTO | 0.03% | $2.58B | +71.61% | 0.00% |
| FOX | -0.03% | $19.74B | +52.74% | 1.23% |
| OZK | 0.03% | $5.44B | +17.21% | 3.30% |
| TBPH | 0.03% | $487.81M | -3.50% | 0.00% |
| BYON | -0.04% | $283.64M | -61.81% | 0.00% |
| ABCB | -0.05% | $4.75B | +62.51% | 0.88% |
| ACI | -0.05% | $11.16B | -9.32% | 2.50% |
| NAVI | -0.05% | $1.59B | -10.51% | 4.34% |
| SVC | -0.05% | $431.62M | -63.31% | 23.74% |
| RICK | 0.05% | $440.11M | -13.68% | 0.51% |
| LEG | -0.08% | $1.54B | -50.75% | 9.00% |
| XOS | -0.08% | $30.51M | -57.24% | 0.00% |
| PCRX | 0.08% | $772.48M | -37.25% | 0.00% |
| EGHT | -0.09% | $351.48M | -7.88% | 0.00% |
| HNI | -0.09% | $2.62B | +39.78% | 2.40% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| K | -28.03% | $27.77B | +52.50% | 2.79% |
| AMT | -27.36% | $94.00B | +1.83% | 3.29% |
| SBAC | -24.06% | $23.60B | -6.03% | 1.80% |
| O | -22.88% | $50.04B | +6.78% | 5.49% |
| CCI | -21.38% | $45.40B | +0.84% | 6.02% |
| ED | -20.08% | $33.59B | +7.16% | 3.43% |
| NNN | -19.78% | $8.14B | +10.88% | 5.30% |
| ADC | -19.08% | $8.03B | +36.00% | 3.88% |
| FDP | -18.84% | $1.62B | +45.67% | 2.97% |
| WEC | -18.34% | $31.33B | +22.40% | 3.38% |
| SO | -18.12% | $96.74B | +26.76% | 3.24% |
| ELS | -17.76% | $13.54B | +2.00% | 2.66% |
| DUK | -16.87% | $87.74B | +26.37% | 3.65% |
| PPL | -16.70% | $25.19B | +29.76% | 2.97% |
| AWK | -16.68% | $26.93B | +5.63% | 2.17% |
| JNJ | -16.43% | $368.37B | +1.24% | 3.18% |
| CMS | -16.36% | $20.49B | +20.66% | 3.01% |
| EVRG | -16.19% | $14.71B | +27.45% | 4.01% |
| IDA | -16.18% | $6.27B | +21.37% | 2.85% |
| PSA | -16.12% | $58.57B | +30.03% | 3.60% |
ETF's related to DBMF
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| RSPA | 67.87% | $273.87M | 0% |
| EFAA | 66.26% | $117.38M | 0% |
| QQA | 63.65% | $135.01M | 0% |
| DBJP | 55.80% | $399.93M | 0.45% |
| FLJH | 55.60% | $74.69M | 0.09% |
| DXJ | 55.44% | $3.71B | 0.48% |
| HEWJ | 55.33% | $347.32M | 0.5% |
| ISPY | 50.35% | $370.11M | 0.55% |
| FFLC | 47.69% | $574.64M | 0.38% |
| PLDR | 47.62% | $676.26M | 0.59% |
| XLSR | 46.97% | $643.89M | 0.7% |
| KMLM | 45.73% | $353.87M | 0.9% |
| DFVX | 45.72% | $320.24M | 0.22% |
| FTQI | 45.69% | $492.22M | 0.75% |
| SPUS | 45.56% | $899.44M | 0.45% |
| IMOM | 45.54% | $80.57M | 0.39% |
| VOTE | 45.53% | $713.10M | 0.05% |
| FTHI | 45.52% | $1.01B | 0.75% |
| HEZU | 45.51% | $334.98M | 0.53% |
| JPEF | 45.50% | $999.51M | 0.5% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| ERTH | 0.24% | $162.01M | 0.67% |
| KRE | -0.26% | $4.68B | 0.35% |
| XSHD | -0.35% | $54.49M | 0.3% |
| BOXX | -0.56% | $4.43B | 0.1949% |
| GNOM | -0.57% | $70.59M | 0.5% |
| BBH | 0.59% | $397.87M | 0.35% |
| YYY | -0.60% | $538.03M | 4.6% |
| TBLL | -0.61% | $1.92B | 0.08% |
| ANGL | -0.62% | $3.06B | 0.25% |
| EELV | 0.70% | $406.87M | 0.29% |
| FLLA | 0.83% | $48.48M | 0.19% |
| PEY | -0.90% | $1.24B | 0.53% |
| SDY | 0.95% | $21.19B | 0.35% |
| ACES | 1.08% | $124.79M | 0.55% |
| MINT | -1.15% | $11.62B | 0.35% |
| FBT | 1.21% | $1.11B | 0.56% |
| IDLV | -1.23% | $252.07M | 0.25% |
| PID | 1.48% | $838.56M | 0.53% |
| VDC | 1.49% | $7.09B | 0.1% |
| SEIX | 1.50% | $268.81M | 0.62% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAIL | -53.88% | $67.98M | 0.59% |
| LTPZ | -44.58% | $715.65M | 0.2% |
| FLDR | -44.11% | $595.01M | 0.15% |
| STPZ | -43.44% | $483.31M | 0.2% |
| DIAL | -42.77% | $368.52M | 0.28% |
| FMHI | -42.50% | $747.15M | 0.7% |
| SPTS | -42.34% | $5.71B | 0.03% |
| VIXY | -42.07% | $195.31M | 0.85% |
| BGRN | -41.80% | $389.17M | 0.2% |
| IBTG | -40.76% | $1.48B | 0.07% |
| LDSF | -40.72% | $131.03M | 0.75% |
| IBTL | -40.71% | $239.96M | 0.07% |
| SPIP | -40.60% | $858.31M | 0.12% |
| IBTH | -40.57% | $1.08B | 0.07% |
| FLGV | -40.45% | $850.15M | 0.09% |
| SCHO | -40.32% | $11.10B | 0.03% |
| SMMU | -40.30% | $624.12M | 0.35% |
| IBTJ | -40.26% | $379.57M | 0.07% |
| IBTK | -40.11% | $282.33M | 0.07% |
| IEI | -40.04% | $14.62B | 0.15% |
News
SeekingAlpha
The portfolio aims for a 7% annual income, low volatility, and favorable risk-adjusted returns. Click here for a detailed analysis.
SeekingAlpha
If we get a recession, then there's modest upside left in bonds. Read more about the recent market pullback and how bond investors are benefiting.
SeekingAlpha
There are risks of investing in DBMF ETF as its strategy may not provide the diversification benefits one is looking for in their portfolio. Read more here.
Yahoo
LOS ANGELES & NEW YORK, July 30, 2024--iM Global Partner (iMGP) is proud to announce that the iMGP DBi Managed Futures Strategy ETF (DBMF) has received an overall 5-Star Morningstar ratingTM out of 67 funds in the Morningstar US ETF Systematic Trend category as of June 30, 2024, coinciding with its 5th year anniversary.
SeekingAlpha
The brief market report looks at various asset classes, sectors, equity categories, exchange-traded funds and stocks that moved the market higher and those that defied the trend.
SeekingAlpha
Strategies such as investing in shorter-term securities, gold, and hedging assets can help protect investments during sabbatical years. Click here for a detailed analysis.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.