DFVE - ETF AI Analysis

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DoubleLine Fortune 500 Equal Weight ETF (DFVE)

Rating:69Neutral

Price Target:―

DFVE’s rating suggests it is a solid but not top-tier ETF, with its quality driven largely by strong semiconductor and technology-related holdings like Micron, Western Digital, and Lam Research, which benefit from robust financial performance, positive earnings calls, and AI-focused growth prospects. However, weaker names such as Echostar and Microchip, which face profitability and valuation challenges, along with risks like high valuations and operational issues in some holdings, prevent the fund from scoring higher and add volatility and risk for investors.

Positive Factors

Strong Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Strong-Performing Top Holdings

Many of the largest positions, including several technology, materials, and industrial names, have delivered strong year-to-date results that support the fund’s overall performance.

Broad Sector Diversification

Holdings are spread across many sectors such as industrials, consumer cyclical, financials, technology, and health care, which helps reduce the impact if any one sector struggles.

Negative Factors

Small Asset Base

The fund manages a relatively modest amount of assets, which can sometimes mean less trading liquidity for investors.

Heavy U.S. Concentration

With almost all assets invested in U.S. companies, the ETF offers very limited international diversification and is highly tied to the U.S. market.

Cyclical Sector Tilt

Significant exposure to economically sensitive areas like industrials and consumer cyclical stocks may make the fund more vulnerable during economic slowdowns.

DFVE vs. SPDR S&P 500 ETF (SPY)

AUM26.45M

RegionNorth America

Expense Ratio0.20%

Beta0.84

IssuerDoubleLine

Inception DateJan 31, 2024

Dividend Yield1.43%

Asset ClassEquity

Index TrackedBarclays Fortune 500 Equal Weighted Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume6,523

30 Day Avg. Volume4,969

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

37.51

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering450

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

DFVE Summary

The DoubleLine Fortune 500 Equal Weight ETF (DFVE) tracks the Barclays Fortune 500 Equal Weighted Index, which includes many of the largest and most important U.S. companies. Instead of letting the biggest companies dominate, it gives each stock about the same weight, spreading your money more evenly across sectors like technology, industrials, finance, and health care. Well-known holdings include Boeing and Micron. Someone might invest in DFVE to get broad, diversified exposure to leading U.S. companies with less reliance on a few giants. A key risk is that the share price 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

This equal-weight Fortune 500 fund is getting a noticeable lift from its chip and hardware names, with Micron, Western Digital, and Lam Research all rising on AI-related demand and improving earnings, effectively acting as the fund’s growth engine. Cyclical and materials plays like Alcoa and Freeport-McMoRan are also helping, riding better commodity sentiment. On the weaker side, Microchip looks more mixed, and Boeing’s ongoing financial and operational issues keep it a bit of a problem child. Overall, the ETF is broadly diversified across U.S. sectors, with no single name dominating performance.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOLD	Gold.com	0.49%	$130.46K	$1.59B	109.21%	71 Outperform
MU	Micron	0.37%	$98.48K	$461.84B	315.97%	79 Outperform
WDC	Western Digital	0.36%	$97.18K	$92.81B	315.41%	77 Outperform
WLK	Westlake Corporation	0.33%	$89.52K	$12.87B	-14.35%	52 Neutral
AA	Alcoa	0.33%	$87.72K	$16.35B	66.97%	76 Outperform
GLW	Corning	0.32%	$86.78K	$113.94B	150.28%	74 Outperform
FCX	Freeport-McMoRan	0.32%	$86.21K	$94.00B	57.18%	67 Neutral
MCHP	Microchip	0.32%	$85.11K	$43.70B	41.54%	54 Neutral
CE	Celanese	0.32%	$84.72K	$6.63B	-13.58%	57 Neutral
SATS	Echostar	0.31%	$83.87K	$31.68B	277.68%	57 Neutral

DFVE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

32.81

Positive

100DMA

31.95

Positive

200DMA

30.69

Positive

Market Momentum

MACD

0.42

Negative

RSI

57.62

Neutral

STOCH

79.58

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 33.60, equal to the 50-day MA of 32.81, and equal to the 200-day MA of 30.69, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 57.62 is Neutral, neither overbought nor oversold. The STOCH value of 79.58 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
DFVE	―	―	$26.45M	0.20%	―
SOVF	―	―	$99.62M	0.75%	―
BAMD	―	―	$98.90M	0.89%	―
STNC	―	―	$95.66M	0.85%	―
BUZZ	―	―	$94.06M	0.76%	―
TMFE	―	―	$92.86M	0.50%	―

Performance Comparison

DFVE

DoubleLine Fortune 500 Equal Weight ETF

33.92

4.65

15.89%

SOVF

Sovereign's Capital Flourish Fund

―

BAMD

Brookstone Dividend Stock ETF

―

STNC

Stance Equity ESG Large Cap Core ETF

―

BUZZ

VanEck Social Sentiment ETF

―

TMFE

Motley Fool Capital Efficiency 100 Index ETF

―

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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