BTIIX vs. PLUSX

Last updated Jun 4, 2026

BTIIX (DWS Equity 500 Index Fund) and PLUSX (DWS Multi-Asset Moderate Allocation Fund) are both mutual funds - BTIIX is a Large Cap Blend Equities fund managed by DWS, while PLUSX is a Diversified Portfolio fund managed by DWS. Over the past 10 years, BTIIX returned 16.52%/yr vs 7.65%/yr for PLUSX. With a 0.95 correlation, they move nearly in lockstep. BTIIX charges 0.20%/yr vs 0.60%/yr for PLUSX.

Performance

BTIIX vs. PLUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Equity 500 Index Fund (BTIIX) and DWS Multi-Asset Moderate Allocation Fund (PLUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTIIX achieves a 11.63% return, which is significantly higher than PLUSX's 8.80% return. Over the past 10 years, BTIIX has outperformed PLUSX with an annualized return of 16.52%, while PLUSX has yielded a comparatively lower 7.65% annualized return.

BTIIX

• 1D: 0.13%
• 1M: 5.78%
• YTD: 11.63%
• 6M: 11.63%
• 1Y: 28.72%
• 3Y*: 22.52%
• 5Y*: 14.04%
• 10Y*: 16.52%

PLUSX

• 1D: 0.35%
• 1M: 3.77%
• YTD: 8.80%
• 6M: 9.22%
• 1Y: 19.50%
• 3Y*: 13.08%
• 5Y*: 6.21%
• 10Y*: 7.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTIIX vs. PLUSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTIIX DWS Equity 500 Index Fund	11.63%	17.56%	24.83%	26.04%	-18.51%	28.71%	18.37%	45.09%	-4.99%	21.61%
PLUSX DWS Multi-Asset Moderate Allocation Fund	8.80%	13.39%	8.31%	13.89%	-14.98%	13.24%	8.21%	19.71%	-7.64%	13.81%

Correlation

The correlation between BTIIX and PLUSX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Nov 3, 2004	0.95

The correlation between BTIIX and PLUSX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

BTIIX vs. PLUSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTIIX

BTIIX Risk / Return Rank: 73
BTIIX Sharpe Ratio Rank: 75
BTIIX Sortino Ratio Rank: 68
BTIIX Omega Ratio Rank: 68
BTIIX Calmar Ratio Rank: 73
BTIIX Martin Ratio Rank: 82

PLUSX

PLUSX Risk / Return Rank: 66
PLUSX Sharpe Ratio Rank: 68
PLUSX Sortino Ratio Rank: 67
PLUSX Omega Ratio Rank: 67
PLUSX Calmar Ratio Rank: 61
PLUSX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTIIX vs. PLUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Equity 500 Index Fund (BTIIX) and DWS Multi-Asset Moderate Allocation Fund (PLUSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BTIIX	PLUSX	Difference
Sharpe ratio Return per unit of total volatility	2.51	2.41	+0.10
Sortino ratio Return per unit of downside risk	3.45	3.42	+0.03
Omega ratio Gain probability vs. loss probability	1.46	1.46	0.00
Calmar ratio Return relative to maximum drawdown	3.33	2.99	+0.34
Martin ratio Return relative to average drawdown	15.43	13.09	+2.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTIIX vs. PLUSX - Sharpe Ratio Comparison

The current BTIIX Sharpe Ratio is 2.51, which is comparable to the PLUSX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of BTIIX and PLUSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BTIIX	PLUSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.41	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.58	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.67	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.39	+0.13

Drawdowns

BTIIX vs. PLUSX - Drawdown Comparison

The maximum BTIIX drawdown since its inception was -55.24%, roughly equal to the maximum PLUSX drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for BTIIX and PLUSX.

Drawdown Indicators

	BTIIX	PLUSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.24%	-53.39%	-1.85%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-6.63%	-2.30%
Max Drawdown (3Y) Largest decline over 3 years	-21.16%	-11.31%	-9.85%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	-20.77%	-3.83%
Max Drawdown (10Y) Largest decline over 10 years	-33.83%	-25.65%	-8.18%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.09%	-7.51%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	1.51%	+0.41%

Volatility

BTIIX vs. PLUSX - Volatility Comparison

DWS Equity 500 Index Fund (BTIIX) has a higher volatility of 2.83% compared to DWS Multi-Asset Moderate Allocation Fund (PLUSX) at 2.63%. This indicates that BTIIX's price experiences larger fluctuations and is considered to be riskier than PLUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTIIX	PLUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	2.63%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	8.93%	6.46%	+2.47%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	8.24%	+3.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	10.75%	+11.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.21%	11.39%	+9.82%

BTIIX vs. PLUSX - Expense Ratio Comparison

BTIIX has a 0.20% expense ratio, which is lower than PLUSX's 0.60% expense ratio.

Dividends

BTIIX vs. PLUSX - Dividend Comparison

BTIIX's dividend yield for the trailing twelve months is around 11.80%, more than PLUSX's 2.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTIIX DWS Equity 500 Index Fund	11.80%	13.18%	20.02%	26.57%	14.49%	15.07%	20.31%	23.22%	22.74%	15.17%	11.11%	8.32%
PLUSX DWS Multi-Asset Moderate Allocation Fund	2.48%	2.70%	41.59%	5.78%	2.99%	9.67%	4.22%	5.80%	5.55%	5.58%	6.05%	10.87%

Frequently Asked Questions

Can I hold both BTIIX and PLUSX in my portfolio?

With a correlation of 0.94, BTIIX and PLUSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BTIIX or PLUSX?

BTIIX has higher volatility (2.83%) compared to PLUSX (2.63%). In terms of maximum drawdown, BTIIX dropped -55.24% vs PLUSX's -53.39%.

Which has better risk-adjusted returns?

BTIIX currently has the higher Sharpe Ratio (2.51 vs 2.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.