DoubleLine Shiller CAPE U.S. Equities ETF
CAPE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- John MacKenzie
- Full Time Employees
- 4,124
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2002 North Tampa Street, Suite 200 Tampa FL United States of America 33602
- IPO Date
- Apr 4, 2022
- CIK
- 0001886172
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine Shiller CAPE U.S. Equities ETF (CAPE) is an actively managed exchange-traded fund that seeks total return exceeding that of the S&P 500 Index by investing in securities corresponding to the four cheapest sectors of the U.S. large-cap equity market, as determined by a modified CAPE Ratio and momentum filter from the Shiller Barclays CAPE U.S. Sector Total Return Index; the fund rebalances monthly, holds approximately 153 securities with a focus on communication services, consumer staples, materials, and real estate sectors, and features top holdings such as Meta Platforms Inc., Linde PLC, Alphabet Inc., Walmart Inc., and Costco Wholesale Corp. Launched on March 31, 2022, with a gross expense ratio of 0.65%, the ETF is managed by Jeffrey Gundlach, CEO and CIO of DoubleLine Capital LP, and Jeffrey Sherman, CFA, Deputy CIO, under the DoubleLine ETF Trust; it operates as a non-transparent, non-diversified fund using Precidian's ActiveShares structure to shield holdings from front-running. DoubleLine Capital LP, the fund's investment adviser founded in 2009 and headquartered in Tampa, Florida, with additional offices in Los Angeles, California, manages the ETF as part of its broader equity and fixed income strategies targeting institutional and retail investors seeking value-oriented U.S. large-cap exposure. In recent developments, the fund has maintained steady asset growth to approximately $331 million in net assets as of September 2025, supported by quarterly distributions including $0.0868 per share; it continues to leverage the CAPE methodology co-created by Nobel laureate Professor Robert Shiller to navigate sector rotations amid market volatility. DoubleLine Capital expanded its ETF platform with the CAPE launch alongside the DoubleLine Opportunistic Bond ETF in April 2022, marking its entry into actively managed ETFs with a combined focus on equity value and flexible fixed income; no major acquisitions, partnerships, or strategic shifts have been reported for the fund in 2024-2025, with operations centered on monthly rebalancing and performance tracking against the S&P 500 primary benchmark and Shiller Barclays CAPE secondary benchmark. The fund's portfolio characteristics include a median market cap of $20.63 billion, average market cap of $101.37 billion, forward P/E ratio of 21.84, and P/B ratio of 3.26, emphasizing large-cap value sectors across the United States.