DFVE - ETF AI Analysis
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DoubleLine Fortune 500 Equal Weight ETF (DFVE)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the past few months, showing solid recent momentum.
Broad Sector Diversification
Holdings are spread across many sectors, including industrials, consumer stocks, financials, health care, and technology, which helps reduce the impact of weakness in any single area.
Low Expense Ratio
The fund’s relatively low fee means more of the ETF’s returns stay in investors’ pockets instead of going to costs.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering very little geographic diversification outside the United States.
Mixed Performance Among Top Holdings
While several top positions have performed strongly, a few have shown weak or negative results, which can create uneven contributions to returns.
Small Asset Base
The fund manages a relatively modest amount of assets, which can sometimes lead to higher trading spreads and less liquidity for investors.
DFVE vs. SPDR S&P 500 ETF (SPY)
AUM38.02M
RegionNorth America
Expense Ratio0.20%
Beta0.80
IssuerDoubleLine
Inception DateJan 31, 2024
Dividend Yield1.33%
Asset ClassEquity
Index TrackedBarclays Fortune 500 Equal Weighted Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,367
30 Day Avg. Volume4,103
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
43.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering460
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DFVE Summary
DFVE, the DoubleLine Fortune 500 Equal Weight ETF, tracks the Barclays Fortune 500 Equal Weighted Index, which includes many of the largest companies in the U.S. Instead of letting giants dominate, it gives each company roughly the same importance, spreading your money across many sectors like technology, health care, and consumer businesses. Well-known names in the fund include Palo Alto Networks and Best Buy. Someone might invest for broad diversification across major U.S. companies without relying too heavily on a few giants. A key risk is that the value can rise or fall with the overall stock market.
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 is powered by a very U.S.-centric mix, with energy names like Marathon Petroleum and Delek US helping to fuel recent gains, while PBF Energy adds more octane from the same sector. On the services side, Workday and DoorDash have been rising but show some valuation jitters, so their momentum is a bit more fragile. Healthcare and data play IQVIA and Tenet Healthcare are steady contributors, giving the fund a more defensive backbone. Thanks to its equal-weight design, no single giant dominates, but there’s a noticeable tilt toward cyclical and service-driven U.S. businesses.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Agco | 0.24% | $91.98K | $9.34B | 20.16% | 59 Neutral | |
| Deere | 0.24% | $91.49K | $186.99B | 46.54% | 66 Neutral | |
| Lumen Technologies | 0.24% | $91.35K | $6.98B | 42.53% | 55 Neutral | |
| Concentrix | 0.24% | $90.25K | $1.96B | -40.24% | 69 Neutral | |
| Mosaic Co | 0.24% | $90.00K | $8.22B | -20.34% | 65 Neutral | |
| The Andersons | 0.24% | $89.93K | $2.35B | 67.42% | 71 Outperform | |
| Seaboard | 0.24% | $89.51K | $4.14B | 9.69% | 73 Outperform | |
| Kohl's | 0.24% | $89.44K | $2.20B | 17.32% | 68 Neutral | |
| Dell Technologies | 0.24% | $89.09K | $339.79B | 319.88% | 65 Neutral | |
| Hertz Global | 0.23% | $88.48K | $819.84M | -57.95% | 50 Neutral |
DFVE Technical Analysis
Positive
―
Price Trends
36.69
Positive
35.67
Positive
34.13
Positive
Market Momentum
0.11
Positive
54.23
Neutral
61.97
Neutral
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 37.27, equal to the 50-day MA of 36.69, and equal to the 200-day MA of 34.13, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 54.23 is Neutral, neither overbought nor oversold. The STOCH value of 61.97 is Neutral, 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
37.23
6.44
20.92%
BAMD
Brookstone Dividend Stock ETF
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BUZZ
VanEck Social Sentiment ETF
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STNC
Stance Equity ESG Large Cap Core ETF
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PFOE
Pathfinder Focused Opportunities ETF
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SOVF
Sovereign's Capital Flourish Fund
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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: ―
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