DWS S&P 500 Index Fund (SCPIX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SCPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCPIX
SCPIX charges 0.29% annually. There are 16 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | SCPIX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | SCPIX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | SCPIX vs VIIIX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | SCPIX vs FXAIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | SCPIX vs SWPPX |
Best Risk-Adjusted Alternatives to SCPIX
SCPIX has a PortfoliosLab risk / return rank of 64. There are 13 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | SCPIX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | SCPIX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | SCPIX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | SCPIX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | SCPIX vs SSSYX |
Top Performing SCPIX Alternatives (YTD)
SCPIX is at 9.65% YTD. There are 17 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | SCPIX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | SCPIX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | SCPIX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | SCPIX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | SCPIX vs SSSYX |
Lowest Volatility Alternatives to SCPIX
SCPIX has 12.50% 1-year volatility. There are 14 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | SCPIX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | SCPIX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | SCPIX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | SCPIX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | SCPIX vs SPXX |
Lowest Drawdown Alternatives to SCPIX
SCPIX has a 1-year max drawdown of -8.94%. There are 20 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | SCPIX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | SCPIX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | SCPIX vs SSSYX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | SCPIX vs FXAIX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | SCPIX vs SWPPX |
Other Mutual Funds from DWS
The 10 most viewed DWS mutual funds shown here include AAAAX, KTCAX, SCDGX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 36 | 8.59% | — | Jul 2007 | SCPIX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 60 | 25.26% | — | Sep 1948 | SCPIX vs KTCAX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 58 | 9.23% | — | May 1929 | SCPIX vs SCDGX | |
| DWS RREEF Real Assets Fund | Global Allocation | 37 | 8.70% | — | Jul 2007 | SCPIX vs AAAZX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 86 | 37.85% | — | May 1996 | SCPIX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 18 | 8.51% | — | Jul 1986 | SCPIX vs SCOBX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 10 | 2.90% | — | Jul 2000 | SCPIX vs SCGSX | |
| DWS Global High Income Fund | High Yield Bonds | 75 | 1.59% | — | Mar 1998 | SCPIX vs MGHYX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 65 | 9.70% | — | Dec 1992 | SCPIX vs BTIIX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 66 | 8.76% | — | Jun 1953 | SCPIX vs SCINX |
Often Compared With SCPIX
Investors most often compare SCPIX with SPIDX, PRGFX, VOO. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare SCPIX with Any Fund or Stock
Compare SCPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCPIX with funds that move differently
DWS S&P 500 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCPIX.
Explore SCPIX Diversifiers