DBMF

DBMF reports 15 positions, but the weights make it behave like about 3.3 equally weighted ones. Computed by this site from the fund's SEC Form N-PORT filing — see what this measure does not tell you and the full table.

• 007 Expense ratio
• 007 Maximum drawdown
• 005 Beta
• 005 Correlation
• 004 Standard deviation
• 003 Duration
• 003 Factor exposure
• 003 Tracking error

• The Real Cost of Tail-Risk Hedging: Put Options vs Cash vs Trend Following

  Protective puts pay off precisely when you need them, but the continuously rolled premium is a persistent drag — the academic estimate is a few percent per...

  04 Sept 2026 11 min Long-Term Strategy

• Absolute Momentum as a Risk Switch: What Time-Series Trend Following Does That Buy-and-Hold Can't

  Absolute (time-series) momentum uses an asset's own past return as a binary risk switch: hold when the trend is positive, step aside when it turns negative....

  02 Sept 2026 9 min Macro & Markets

• DBMF vs CTA: Two Managed-Futures Trend Funds — How They Pick Trends Differently

  DBMF replicates a basket of trend-following hedge funds using regression; CTA runs its own multi-model trend engine layered on a Treasury collateral base....

  06 Jul 2026 9 min ETF Analysis

• Bitcoin vs Gold: IBIT vs GLD as a Portfolio Hedge — What the Correlation Data Says

  Gold has a multi-decade record of low-to-negative correlation with equities in stress; Bitcoin's correlation with risk assets has repeatedly risen in...

  24 Jun 2026 8 min Macro & Markets

• 12 Months of Live AI-Quant ETFs vs the S&P 500 — Honest Data Review

  Across the full live track record (5Y through May 2026), none of the five AI-quant or rules-based factor ETFs in this review beat SPY's 13.8% CAGR. The...

  29 May 2026 11 min ETF Analysis

• DBMF Deep Dive: How AI-Managed Futures Pick Trends Without Forecasting

  DBMF doesn't forecast markets. It reverse-engineers the factor positioning of the top managed-futures hedge funds from their reported returns and replicates...

  20 May 2026 10 min ETF Analysis

• The Ultimate 2026 Hybrid Portfolio: How to Mix Classic ETFs with AI Quant

  The hybrid framework — a low-cost passive core plus a small AI-quant satellite — only earns its keep when the satellite delivers exposure the core does not....

  15 May 2026 10 min Investment Framework

• GLD vs. DBMF: Gold vs. AI-Managed Managed Futures (Trend Following)

  GLD compounded at roughly 20.0% per year over the past five years; DBMF at 8.5%. Reading that gap as "gold won" misunderstands what DBMF is built to do....

  11 May 2026 11 min ETF Analysis

• Gold vs Bonds in 2026: Two Different Hedges, Two Different Risks

  Gold and bonds get grouped as "safe havens", but they hedge different risks — real rates and fiat credibility for gold; nominal yields and growth...

  13 Apr 2026 11 min Macro & Markets