DFVE

📎 Investment Objective

The DoubleLine Fortune 500 Equal Weight ETF (DFVE) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Fortune 500 Equal Weight Index.

✨ Key Features

• Broad exposure to the 500 largest U.S. public companies
• Equal weighting of each constituent company, rather than market capitalization weighting
• Passively managed to track the performance of the underlying index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities in the index
• Tracking error risk: The ETF may not perfectly track the performance of the underlying index
• Concentration risk: The ETF's performance is heavily dependent on the 500 largest U.S. companies
• Liquidity risk: The ETF may experience lower trading volumes or be less liquid than other ETFs

👤 Best For

The DoubleLine Fortune 500 Equal Weight ETF may be suitable for long-term investors seeking broad exposure to the U.S. large-cap equity market through a low-cost, passively managed fund. The equal weighting approach may appeal to investors who want to avoid overexposure to the largest companies. However, this ETF may not be suitable for investors with a short investment horizon or those seeking more specialized or actively managed exposure.