DWS Health and Wellness Fund (SCHLX) belongs to the Health & Biotech Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SCHLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCHLX
SCHLX charges 0.84% annually. There are 18 mutual funds in the Health & Biotech Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Health Care Index Fund Admiral Shares | 0.10% | 19.00B | Feb 2004 | SCHLX vs VHCIX | |
| Vanguard Health Care Fund Admiral Shares | 0.27% | 37.00B | Nov 2001 | SCHLX vs VGHAX | |
| Vanguard Health Care Fund Investor Shares | 0.33% | 37.00B | May 1984 | SCHLX vs VGHCX | |
| Fidelity Advisor Health Care Fund Class Z | 0.59% | — | Oct 2018 | SCHLX vs FIKCX | |
| Fidelity Advisor Biotechnology Fund Class Z | 0.61% | — | Oct 2018 | SCHLX vs FIJYX |
Best Risk-Adjusted Alternatives to SCHLX
SCHLX has a PortfoliosLab risk / return rank of 7. There are 42 mutual funds in the Health & Biotech Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Biotechnology Discovery Fund | 91 | — | Sep 1997 | SCHLX vs FBDIX | |
| Fidelity Select Biotechnology Portfolio | 85 | — | Dec 1985 | SCHLX vs FBIOX | |
| Fidelity Advisor Biotechnology Fund Class Z | 83 | — | Oct 2018 | SCHLX vs FIJYX | |
| Fidelity Advisor Biotechnology Fund I Class | 82 | — | Dec 2000 | SCHLX vs FBTIX | |
| Fidelity Advisor Biotechnology Fund Class A | 82 | — | Dec 2000 | SCHLX vs FBTAX |
Top Performing SCHLX Alternatives (YTD)
SCHLX is at -6.63% YTD. There are 45 mutual funds in the Health & Biotech Equities category with higher YTD returns, going as high as 9.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Health Care Services Portfolio | 9.35% | — | Jun 1986 | SCHLX vs FSHCX | |
| Rydex Biotechnology Fund | 9.21% | — | Mar 1998 | SCHLX vs RYOIX | |
| Fidelity Select Pharmaceuticals Portfolio | 8.31% | — | Jun 2001 | SCHLX vs FPHAX | |
| Fidelity Select Biotechnology Portfolio | 8.00% | — | Dec 1985 | SCHLX vs FBIOX | |
| Franklin Biotechnology Discovery Fund | 6.81% | — | Sep 1997 | SCHLX vs FBDIX |
Lowest Volatility Alternatives to SCHLX
SCHLX has 14.97% 1-year volatility. There are 10 mutual funds in the Health & Biotech Equities category with lower 1-year volatility, going as low as 13.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Health Care Fund | 13.44% | — | Aug 1989 | SCHLX vs GGHCX | |
| BlackRock Health Sciences Opportunities Portfolio | 14.14% | — | Dec 1999 | SCHLX vs SHSAX | |
| Health Sciences Opportunities Fund Class Instituti... | 14.15% | — | Oct 2000 | SCHLX vs SHSSX | |
| Putnam Global Health Care Fund | 14.45% | — | May 1982 | SCHLX vs PHSTX | |
| Putnam Global Health Care Fund | 14.45% | — | Aug 2020 | SCHLX vs PGHAX |
Lowest Drawdown Alternatives to SCHLX
SCHLX has a 1-year max drawdown of -13.08%. There are 34 mutual funds in the Health & Biotech Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Biotechnology Portfolio | -7.62% | — | Dec 1985 | SCHLX vs FBIOX | |
| Live Oak Health Sciences Fund | -8.13% | — | Jun 2001 | SCHLX vs LOGSX | |
| Rydex Biotechnology Fund | -8.43% | — | Mar 1998 | SCHLX vs RYOIX | |
| AlphaCentric LifeSci Healthcare Fund | -8.49% | — | Nov 2019 | SCHLX vs LYFIX | |
| Fidelity Advisor Biotechnology Fund Class Z | -8.88% | — | Oct 2018 | SCHLX vs FIJYX |
Other Mutual Funds from DWS
The 10 most viewed DWS mutual funds shown here include AAAAX, KTCAX, AAAZX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 34 | 8.20% | — | Jul 2007 | SCHLX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 58 | 25.69% | — | Sep 1948 | SCHLX vs KTCAX | |
| DWS RREEF Real Assets Fund | Global Allocation | 35 | 8.38% | — | Jul 2007 | SCHLX vs AAAZX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 61 | 9.70% | — | May 1929 | SCHLX vs SCDGX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 84 | 36.11% | — | May 1996 | SCHLX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 18 | 9.12% | — | Jul 1986 | SCHLX vs SCOBX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 11 | 4.40% | — | Jul 2000 | SCHLX vs SCGSX | |
| DWS S&P 500 Index Fund | S&P 500 | 65 | 10.06% | — | Aug 1997 | SCHLX vs SCPIX | |
| DWS Global High Income Fund | High Yield Bonds | 76 | 1.59% | — | Mar 1998 | SCHLX vs MGHYX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 66 | 10.09% | — | Dec 1992 | SCHLX vs BTIIX |
Often Compared With SCHLX
Investors most often compare SCHLX with FBTTX, SCINX, SHPAX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Advisor Biotechnology Fund Class M | Health & Biotech Equities | 81 | 6.42% | — | Dec 2000 | SCHLX vs FBTTX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 65 | 9.35% | — | Jun 1953 | SCHLX vs SCINX | |
| Saratoga Health & Biotechnology Fund | Health & Biotech Equities | 18 | -0.71% | — | Jul 1999 | SCHLX vs SHPAX | |
| Eventide Healthcare & Life Sciences Fund | Health & Biotech Equities | 69 | -1.06% | — | Dec 2012 | SCHLX vs ETIHX | |
| abrdn World Healthcare Fund | Health & Biotech Equities | 61 | 4.83% | — | Jun 2015 | SCHLX vs THW |
Compare SCHLX with Any Fund or Stock
Compare SCHLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCHLX with funds that move differently
DWS Health and Wellness Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCHLX.
Explore SCHLX Diversifiers