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DFVE - ETF AI Analysis
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DoubleLine Fortune 500 Equal Weight ETF (DFVE)
Rating:69Neutral
Price Target:
$34.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, indicating strong overall momentum.
Broad Sector Diversification
The fund is spread across 11 different sectors, reducing the risk of a downturn in any single industry.
Low Expense Ratio
With a low expense ratio of 0.2%, the ETF allows investors to keep more of their returns.
Negative Factors
High Geographic Concentration
Nearly all of the fund’s exposure is in U.S. companies, limiting protection against international market shifts.
Mixed Performance Among Top Holdings
Some of the largest positions, like Lumen Technologies and Applied Materials, have shown weaker year-to-date gains compared to others.
Small Asset Base
The ETF has relatively low assets under management, which may impact liquidity and investor interest.
DFVE vs. SPDR S&P 500 ETF (SPY)
AUM18.62M
RegionNorth America
Expense Ratio0.20%
Beta0.85
IssuerDoubleLine
Inception DateJan 31, 2024
Dividend Yield1.57%
Asset ClassEquity
Index TrackedBarclays Fortune 500 Equal Weighted Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,009
30 Day Avg. Volume5,541
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
35.65Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering453
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DFVE Summary
The DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an investment fund that includes the largest U.S. companies from the Fortune 500 list, but with a twist—it gives equal weight to each company instead of favoring the biggest ones. This approach helps spread out risk and provides balanced exposure across industries like technology, healthcare, and consumer goods. Well-known companies like Intel and Advanced Micro Devices are part of this ETF. It’s a good choice for investors looking for diversification and a fair representation of the U.S. economy. However, since it tracks the overall market, its value can rise or fall with general market trends.
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
The DoubleLine Fortune 500 Equal Weight ETF (DFVE) showcases a balanced approach to U.S. large-cap stocks, but recent performance has been a mixed bag. Semiconductor names like AMD and Lam Research are rising stars, benefiting from strong financial results and industry tailwinds, while Micron adds steady momentum with record earnings. However, Warner Bros. Discovery is lagging, weighed down by operational inefficiencies despite subscriber growth. The fund’s equal-weight strategy ensures no single stock dominates, but its notable exposure to technology and consumer sectors means these industries play a key role in driving returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lumen Technologies | 0.56% | $104.25K | $10.81B | 38.50% | 58 Neutral | |
| Echostar | 0.56% | $104.16K | $21.14B | 198.58% | 51 Neutral | |
| Micron | 0.45% | $83.08K | $244.73B | 106.68% | 73 Outperform | |
| Western Digital | 0.44% | $82.33K | $52.03B | 127.71% | 78 Outperform | |
| Warner Bros | 0.41% | $76.52K | $55.95B | 171.50% | 69 Neutral | |
| Intel | 0.36% | $66.40K | $172.94B | 58.79% | 61 Neutral | |
| Lam Research | 0.35% | $65.79K | $195.66B | 103.90% | 77 Outperform | |
| Advanced Micro Devices | 0.35% | $65.43K | $405.79B | 76.51% | 77 Outperform | |
| Vertiv Holdings | 0.34% | $63.16K | $69.13B | 60.81% | 78 Outperform | |
| Delek US Holdings | 0.33% | $62.19K | $2.32B | 141.74% | 50 Neutral |
DFVE Technical Analysis
Neutral
―
Price Trends
31.21
Negative
30.56
Positive
29.23
Positive
Market Momentum
<0.01
Positive
43.26
Neutral
13.16
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DFVE, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.25, equal to the 50-day MA of 31.21, and equal to the 200-day MA of 29.23, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.26 is Neutral, neither overbought nor oversold. The STOCH value of 13.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DFVE.
DFVE Peer Comparison
Comparison Results
Performance Comparison
DFVE
DoubleLine Fortune 500 Equal Weight ETF
30.92
1.66
5.67%
YALL
God Bless America ETF
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RVER
Trenchless Fund ETF
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BAMD
Brookstone Dividend Stock ETF
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LCAP
Principal Capital Appreciation Select ETF
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STNC
Stance Equity ESG Large Cap Core ETF
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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.
Disclaimer
This 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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