ABND vs DLY
American Century Core Plus Income ETF vs DoubleLine Yield Opportunities Fund
Which is better, ABND or DLY?
Each has led over a different period.
ABND has a lower expense ratio. ABND led over 1Y, 5Y and the full window, DLY over 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ABND | DLY |
|---|---|---|
| Expense Ratio | 0.32%Best | 2.67% |
| AUM | $288M | $731M |
| Dividend Yield | 5.61% | 9.55% |
| Holdings | 419 | 470 |
| YTD Return | -2.47%Best | -4.46% |
| 1Y Return | -1.44%Best | -3.66% |
| 3Y Return (annualized) | +5.77% | +6.84%Best |
| 5Y Return (annualized) | +1.30%Best | +0.72% |
| Volatility (annualized) | 5.5%Best | 12.8% |
| Max Drawdown | -13.9%Best | -28.6% |
| $10,000 over 5 years | $10,667Best | $10,365 |
| Fund Family | American Century Investments | DoubleLine Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Jun 29, 2021 | Feb 26, 2020 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2021 to Oct 14, 2026 (5.3 years).
ABND vs DLY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.3 years both funds cover.
ABND vs DLY Performance
American Century Core Plus Income ETF (ABND) is an ETF from American Century Investments and DoubleLine Yield Opportunities Fund (DLY) is an ETF from DoubleLine Funds. Over the past year ABND returned -1.44% while DLY returned -3.66%. Year to date, ABND is down 2.47% versus a loss of 4.46% for DLY.
Over three years, ABND compounded at +5.77% per year against +6.84% for DLY; over five years the annualized figures are +1.30% and +0.72% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DLY has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 5.5% for ABND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.9% for ABND and -28.6% for DLY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ABND charges 0.32% per year while DLY charges 2.67%. On a $10,000 position that is $32 vs $267 annually, a gap of $235 per year that compounds over a long holding period. On income, ABND currently yields 5.61% against 9.55% for DLY.
Holdings Overlap
We hold position weights for 157 holdings in ABND and 114 in DLY, totalling 40.0% and 31.4% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 46 days apart, ABND as of Sep 15, 2026 and DLY as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 157 positions we hold weights for in ABND and 114 in DLY, against full books of 419 and 470.
Top Shared Holdings
| Stock | Weight in ABND | Weight in DLY | Difference |
|---|---|---|---|
| PETM 7.5 09/15/32Petsmart Llc/Petsmart Fi Sr Secured 144A 09/32 7.5 | 0.14% | 0.28% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of ABND and DLY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABND or DLY?
ABND has an expense ratio of 0.32% while DLY charges 2.67%. ABND is the cheaper option, by $235 a year on a $10,000 investment.
Which performed better, ABND or DLY?
Over the past year ABND returned -1.44% vs -3.66% for DLY, so ABND leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABND or DLY?
DLY has been the more volatile fund at 12.8% annualized versus 5.5% for ABND. Worst drawdown: ABND -13.9% vs DLY -28.6%.
Should I hold both ABND and DLY?
ABND and DLY have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ABND or DLY?
ABND yields 5.61% while DLY yields 9.55%, so DLY currently pays the higher dividend yield.
Is DLY better than ABND?
ABND has a lower expense ratio. ABND led over 1Y, 5Y and the full window, DLY over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.