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DWS Enhanced Commodity Strategy Fund (SKIRX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests in commodity-linked derivative instruments backed by a portfolio of fixed income instruments. It invests in commodity-linked derivative instruments (a contract whose value is based on a particular commodity), such as commodity-linked swap contracts, commodity-linked structured notes, options and futures contracts, to gain exposure to the investment return of assets that trade in the commodity markets, without investing directly in physical commodities.

Looking to diversify beyond SKIRX? The mutual funds below have the lowest correlation with SKIRX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SKIRX.

Best Diversifiers for SKIRX

7 mutual funds have low correlation with SKIRX (below 0.3), 1 of which are negatively correlated. The least correlated is DWS Global High Income Fund (MGHYX) (High Yield Bonds) with a 1Y correlation of -0.14, down from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MGHYX
DWS Global High Income Fund-0.140.030.14
76
High Yield BondsSKIRX vs MGHYX
KTCAX
DWS Science and Technology Fund0.000.090.12
58
Technology EquitiesSKIRX vs KTCAX
SCPIX
DWS S&P 500 Index Fund0.010.110.17
65
S&P 500SKIRX vs SCPIX
BTIIX
DWS Equity 500 Index Fund0.010.110.17
66
Large Cap Blend EquitiesSKIRX vs BTIIX
SCDGX
DWS Core Equity Fund0.020.110.17
61
Large Cap Blend EquitiesSKIRX vs SCDGX
See all 17 diversifiers for SKIRX

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