DoubleLine Shiller CAPE US Equities ETF

CAPE

Market cap $279M

DoubleLine CEO/CIO Jeffrey Gundlach waxed market poetic in a recent Just Markets webcast. He looked back at 2025 and ahead in 2026 for opportunities with a barrage of charts to support his assertions.

CAPE: An Alternative Take On The Value Investment Theme With Mixed Results

While many in the financial industry have lauded the expansion of the ETF vehicle as a significant step toward democratization, particularly for making previously inaccessible assets like cryptocurrency and private credit available to a broader range of individual investors, renowned investor Jeffrey Gundlach holds a contrarian view.

CAPE is based on the work of Professor Robert Shiller of Yale, adapted by DoubleLine, the ETF's parent company. The fund has a good idea and design, but the execution has not been there. The process has not produced notable results in up or down markets. I rate CAPE a sell.