DBMF (iMGP DBi Managed Futures Strategy ETF) — over the past 10 years it returned about 9.7% annualized on a total-return basis, yields roughly 4.40%, and had a worst drawdown near -20.4%. Here is the full picture — and you can backtest it yourself for free.
$10,000, 10 years on
A $10,000 investment 10 years ago, dividends reinvested, would be worth about $19,988 today.
Sortino
1.04
Volatility
12.3%
$10k → today
$19,988
Dividend history
| Year | Dividend / share | YoY growth |
|---|---|---|
| 2020 | $0.22 | — |
| 2021 | $2.68 | 1122.4% |
| 2022 | $2.25 | -16.1% |
| 2023 | $0.75 | -66.6% |
| 2024 | $1.50 | 100.4% |
| 2025 | $1.66 | 10.4% |
Risk & return vs the S&P 500
| Metric | DBMF | SPY |
|---|---|---|
| CAGR | 9.7% | 14.4% |
| Volatility | 12.3% | 17.6% |
| Sharpe | 0.82 | 0.85 |
| Sortino | 1.04 | 1.04 |
| Max drawdown | -20.4% | -33.7% |
| Dividend yield | 4.40% | 1.00% |