DFRPX vs. SCPIX

Last updated Jun 5, 2026

DFRPX (DWS Floating Rate Fund Class S) and SCPIX (DWS S&P 500 Index Fund) are both mutual funds - DFRPX is a Bank Loan fund actively managed by DWS, while SCPIX is a S&P 500 fund tracking the S&P 500 Index. DFRPX is actively managed, while SCPIX is passively managed. At a 0.25 correlation, their price movements are largely independent. DFRPX charges 0.87%/yr vs 0.29%/yr for SCPIX.

Performance

DFRPX vs. SCPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Floating Rate Fund Class S (DFRPX) and DWS S&P 500 Index Fund (SCPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFRPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCPIX

• 1D: -0.75%
• 1M: 4.15%
• YTD: 10.76%
• 6M: 10.63%
• 1Y: 27.68%
• 3Y*: 22.01%
• 5Y*: 13.42%
• 10Y*: 15.48%

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

DFRPX vs. SCPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFRPX DWS Floating Rate Fund Class S	0.38%	3.45%	7.72%	11.42%	-1.52%	3.75%	0.89%	8.69%	-0.58%	1.57%
SCPIX DWS S&P 500 Index Fund	10.76%	17.21%	24.65%	25.97%	-18.46%	27.85%	18.21%	34.99%	-4.58%	21.43%

Correlation

The correlation between DFRPX and SCPIX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.25

Return for Risk

DFRPX vs. SCPIX — Risk / Return Rank

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

SCPIX

SCPIX Risk / Return Rank: 66
SCPIX Sharpe Ratio Rank: 65
SCPIX Sortino Ratio Rank: 60
SCPIX Omega Ratio Rank: 61
SCPIX Calmar Ratio Rank: 68
SCPIX Martin Ratio Rank: 78

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.

DFRPX vs. SCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Floating Rate Fund Class S (DFRPX) and DWS S&P 500 Index Fund (SCPIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DFRPX	SCPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.47	—

Drawdowns

Drawdown Indicators

	DFRPX	SCPIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.46%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.85%	—
Current Drawdown Current decline from peak	—	-0.75%	—
Average Drawdown Average peak-to-trough decline	—	-10.63%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.92%	—

Volatility

Volatility by Period

	DFRPX	SCPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.87%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.85%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.11%	—

DFRPX vs. SCPIX - Expense Ratio Comparison

DFRPX has a 0.87% expense ratio, which is higher than SCPIX's 0.29% expense ratio.

Dividends

DFRPX vs. SCPIX - Dividend Comparison

DFRPX's dividend yield for the trailing twelve months is around 5.11%, more than SCPIX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRPX DWS Floating Rate Fund Class S	5.11%	5.99%	8.67%	8.22%	4.25%	3.31%	3.75%	4.80%	4.21%	4.39%	4.76%	4.63%
SCPIX DWS S&P 500 Index Fund	3.93%	4.09%	5.65%	7.18%	5.57%	5.28%	6.91%	7.88%	8.14%	6.05%	4.83%	4.04%

Frequently Asked Questions

Can I hold both DFRPX and SCPIX in my portfolio?

DFRPX and SCPIX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.