DCUIX vs. AAAZX

Last updated Jul 17, 2026

DCUIX (DWS CROCI U.S. Fund) and AAAZX (DWS RREEF Real Assets Fund) are both mutual funds - DCUIX is a Large Cap Value Equities fund managed by DWS, while AAAZX is a Global Allocation fund managed by DWS. Over the past 10 years, DCUIX returned 10.11%/yr vs 7.05%/yr for AAAZX. A 0.65 correlation means they provide meaningful diversification when combined. DCUIX charges 0.67%/yr vs 0.90%/yr for AAAZX.

Performance

DCUIX vs. AAAZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS CROCI U.S. Fund (DCUIX) and DWS RREEF Real Assets Fund (AAAZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DCUIX having a 9.58% return and AAAZX slightly higher at 9.98%. Over the past 10 years, DCUIX has outperformed AAAZX with an annualized return of 10.11%, while AAAZX has yielded a comparatively lower 7.05% annualized return.

DCUIX

• 1D: 0.06%
• 1M: -0.50%
• 6M: 6.66%
• YTD: 9.58%
• 1Y: 26.69%
• 3Y*: 17.29%
• 5Y*: 11.02%
• 10Y*: 10.11%

AAAZX

• 1D: -0.15%
• 1M: -0.21%
• 6M: 6.50%
• YTD: 9.98%
• 1Y: 16.23%
• 3Y*: 10.22%
• 5Y*: 5.43%
• 10Y*: 7.05%

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

DCUIX vs. AAAZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCUIX DWS CROCI U.S. Fund	9.58%	17.12%	17.80%	20.81%	-15.54%	26.39%	-12.66%	39.03%	-11.01%	22.00%
AAAZX DWS RREEF Real Assets Fund	9.98%	13.14%	5.49%	2.64%	-9.57%	23.83%	3.91%	21.79%	-5.05%	14.97%

Correlation

The correlation between DCUIX and AAAZX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Apr 13, 2015	0.65

The correlation between DCUIX and AAAZX shifts across timeframes, from 0.48 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DCUIX vs. AAAZX — Risk / Return Rank

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

DCUIX

DCUIX Risk / Return Rank: 87
DCUIX Sharpe Ratio Rank: 85
DCUIX Sortino Ratio Rank: 85
DCUIX Omega Ratio Rank: 80
DCUIX Calmar Ratio Rank: 93
DCUIX Martin Ratio Rank: 91

AAAZX

AAAZX Risk / Return Rank: 63
AAAZX Sharpe Ratio Rank: 65
AAAZX Sortino Ratio Rank: 60
AAAZX Omega Ratio Rank: 62
AAAZX Calmar Ratio Rank: 79
AAAZX Martin Ratio Rank: 49

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.

DCUIX vs. AAAZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS CROCI U.S. Fund (DCUIX) and DWS RREEF Real Assets Fund (AAAZX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DCUIX	AAAZX	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.81	+0.47
Sortino ratio: Return per unit of downside risk	3.33	2.47	+0.87
Omega ratio: Gain probability vs. loss probability	1.40	1.33	+0.08
Calmar ratio: Return relative to maximum drawdown	4.09	2.92	+1.18
Martin ratio: Return relative to average drawdown	14.44	8.13	+6.32

DCUIX vs. AAAZX - Sharpe Ratio Comparison

The current DCUIX Sharpe Ratio is 2.28, which is comparable to the AAAZX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of DCUIX and AAAZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DCUIX vs. AAAZX - Drawdown Comparison

The maximum DCUIX drawdown since its inception was -41.94%, roughly equal to the maximum AAAZX drawdown of -40.45%. Use the drawdown chart below to compare losses from any high point for DCUIX and AAAZX.

Drawdown Indicators

	DCUIX	AAAZX	Difference
Max Drawdown Largest peak-to-trough decline	-41.94%	-40.45%	-1.49%
Max Drawdown (1Y) Largest decline over 1 year	-6.89%	-5.78%	-1.11%
Max Drawdown (3Y) Largest decline over 3 years	-19.33%	-10.15%	-9.18%
Max Drawdown (5Y) Largest decline over 5 years	-23.99%	-22.52%	-1.47%
Max Drawdown (10Y) Largest decline over 10 years	-41.94%	-29.44%	-12.50%
Current Drawdown Current decline from peak	-0.68%	-3.43%	+2.75%
Average Drawdown Average peak-to-trough decline	-6.73%	-6.61%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.07%	-0.12%

Volatility

DCUIX vs. AAAZX - Volatility Comparison

DWS CROCI U.S. Fund (DCUIX) has a higher volatility of 3.17% compared to DWS RREEF Real Assets Fund (AAAZX) at 2.64%. This indicates that DCUIX's price experiences larger fluctuations and is considered to be riskier than AAAZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCUIX	AAAZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	2.64%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	7.54%	+1.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	9.36%	+3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.31%	12.10%	+4.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	12.69%	+5.62%

DCUIX vs. AAAZX - Expense Ratio Comparison

DCUIX has a 0.67% expense ratio, which is lower than AAAZX's 0.90% expense ratio.

Dividends

DCUIX vs. AAAZX - Dividend Comparison

DCUIX's dividend yield for the trailing twelve months is around 10.18%, more than AAAZX's 6.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAAZX DWS RREEF Real Assets Fund	6.67%	4.15%	2.85%	2.40%	4.50%	2.62%	1.60%	2.07%	1.89%	1.79%	1.82%	2.53%
DCUIX DWS CROCI U.S. Fund	10.18%	11.15%	8.91%	1.64%	2.76%	1.35%	2.45%	10.23%	4.24%	2.45%	0.31%	1.38%

Frequently Asked Questions

Can I hold both DCUIX and AAAZX in my portfolio?

DCUIX and AAAZX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCUIX or AAAZX?

DCUIX has higher volatility (3.17%) compared to AAAZX (2.64%). In terms of maximum drawdown, DCUIX dropped -41.94% vs AAAZX's -40.45%.

Which has better risk-adjusted returns?

DCUIX currently has the higher Sharpe Ratio (2.28 vs 1.81), 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.