DWS Enhanced Commodity Strategy Fund (SKIRX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

DWS Enhanced Commodity Strategy Fund (SKIRX) is up 12.9% since the beginning of the year. SKIRX is currently trading at $7 per share. Investors who bought $1,000 worth of SKIRX shares 5 years ago would now be looking at an investment worth $1,461.

DWS Enhanced Commodity Strategy Fund (SKIRX) has returned 12.85% so far this year and 15.80% over the past 12 months. Over the last ten years, SKIRX has returned 4.45% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Feb 15, 2005, SKIRX's average daily return is 0.00%, while the average monthly return is -0.03%.

Historically, 52% of months were positive and 48% were negative. The best month was May 2009 with a return of +15.6%, while the worst month was Dec 2008 at -61.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.

On a daily basis, SKIRX closed higher 48% of trading days. The best single day was Oct 13, 2008 with a return of +10.4%, while the worst single day was Dec 18, 2008 at -61.5%.

DWS Enhanced Commodity Strategy Fund has an annualized alpha of -4.65%, beta of 0.43, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since February 15, 2005.

• This fund participated in 62.42% of S&P 500 Index downside but only 20.40% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.43 may look defensive, but with R2 of 0.15 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.15 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SKIRX has an expense ratio of 0.89%, placing it in the medium range.

SKIRX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

DWS Enhanced Commodity Strategy Fund provided a 5.88% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for DWS Enhanced Commodity Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the DWS Enhanced Commodity Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the DWS Enhanced Commodity Strategy Fund was 88.19%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current DWS Enhanced Commodity Strategy Fund drawdown is 74.15%.

The chart below shows the rolling one-month volatility.