DFVE - ETF AI Analysis
Top Page
DoubleLine Fortune 500 Equal Weight ETF (DFVE)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The ETF spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Generally Strong Recent Performance
The fund’s returns over the year to date and recent months have been strong, suggesting positive momentum.
Competitive Expense Ratio
The ETF’s fee is relatively low, which helps investors keep more of their returns over time.
Negative Factors
Very Heavy U.S. Concentration
Almost all of the fund’s assets are invested in U.S. companies, offering little geographic diversification.
Small Asset Base
The fund manages a relatively modest amount of money, which can sometimes mean less trading liquidity for investors.
Some Lagging Top Holdings
A few of the largest positions, such as Expedia, have shown weak recent performance, which can drag on overall returns.
DFVE vs. SPDR S&P 500 ETF (SPY)
AUM32.45M
RegionNorth America
Expense Ratio0.20%
Beta0.80
IssuerDoubleLine
Inception DateJan 31, 2024
Dividend Yield1.38%
Asset ClassEquity
Index TrackedBarclays Fortune 500 Equal Weighted Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,750
30 Day Avg. Volume6,015
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
41.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering465
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DFVE Summary
DFVE is the DoubleLine Fortune 500 Equal Weight ETF, which tracks the Barclays Fortune 500 Equal Weighted Index. Instead of letting the biggest companies dominate, it gives each Fortune 500 stock roughly the same weight. It holds many well-known U.S. names across industries, including Intel and Dell, so you get broad exposure to the overall U.S. economy in a single fund. Someone might invest in DFVE for diversification and to avoid relying too heavily on a few giant companies. A key risk is that the share price can go up or down with the stock market and large U.S. companies.
How much will it cost me?The DoubleLine Fortune 500 Equal Weight ETF (Ticker: DFVE) has an expense ratio of 0.20%, which means you’ll pay $2 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an equal-weight strategy, which requires more active management compared to passively managed funds that track market-cap weighted indexes.
What would affect this ETF?The DoubleLine Fortune 500 Equal Weight ETF (DFVE) could benefit from economic growth in the U.S., as its broad exposure across sectors like technology, consumer cyclical, and financials positions it well to capture gains from innovation and consumer spending. However, rising interest rates or economic slowdowns could negatively impact sectors like real estate and consumer discretionary, while regulatory changes or geopolitical tensions might affect top holdings in technology and communication services. Its equal-weight strategy helps reduce concentration risks but may limit outsized gains from dominant companies during sector-specific booms.
DFVE Top 10 Holdings
DFVE’s story right now is all about U.S. tech hardware and chips quietly steering the ship. High-flyers like Marvell, Micron, Western Digital, and Applied Materials are riding the AI and data-center wave, giving the fund a solid tailwind despite its equal-weight design. Dell and HPE are also pulling their weight, though balance-sheet worries keep them from truly taking off. On the flip side, names like Optimum Communications and Oscar Health are lagging, acting as small anchors. Overall, it’s a broadly diversified U.S. play with a clear tilt toward rising semiconductor and infrastructure names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Optimum Communications Inc Class A | 0.37% | $118.30K | $450.25M | -38.72% | 40 Underperform | |
| Applied Materials | 0.31% | $98.94K | $489.96B | 272.28% | 77 Outperform | |
| Kohl's | 0.31% | $98.58K | $1.96B | 117.28% | 68 Neutral | |
| Oscar Health | 0.30% | $98.51K | $8.56B | 39.76% | 49 Neutral | |
| Palo Alto Networks | 0.30% | $96.46K | $234.54B | 40.86% | 73 Outperform | |
| Dell Technologies | 0.29% | $94.83K | $265.47B | 254.78% | 65 Neutral | |
| Marvell | 0.29% | $93.31K | $271.70B | 334.95% | 76 Outperform | |
| KLA | 0.29% | $93.17K | $339.06B | 214.34% | 77 Outperform | |
| Humana | 0.28% | $90.89K | $43.30B | 53.72% | 69 Neutral | |
| Molina Healthcare | 0.28% | $89.07K | $10.18B | -32.19% | 71 Outperform |
DFVE Technical Analysis
Positive
―
Price Trends
34.83
Positive
34.02
Positive
32.83
Positive
Market Momentum
0.34
Negative
67.50
Neutral
14.12
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DFVE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.50, equal to the 50-day MA of 34.83, and equal to the 200-day MA of 32.83, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 67.50 is Neutral, neither overbought nor oversold. The STOCH value of 14.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DFVE.
DFVE Peer Comparison
Comparison Results
Performance Comparison
DFVE
DoubleLine Fortune 500 Equal Weight ETF
36.09
6.22
20.82%
SOVF
Sovereign's Capital Flourish Fund
―
―
―
BAMD
Brookstone Dividend Stock ETF
―
―
―
FDRS
Founder-Led ETF
―
―
―
YALL
God Bless America ETF
―
―
―
FFTY
Innovator IBD 50 ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents