DFRTX vs. SCPIX

Last updated Jun 4, 2026

DFRTX (DWS Floating Rate Fund) and SCPIX (DWS S&P 500 Index Fund) are both mutual funds - DFRTX is a Bank Loan fund managed by DWS, while SCPIX is a S&P 500 fund tracking the S&P 500 Index. At a 0.24 correlation, their price movements are largely independent. DFRTX charges 0.78%/yr vs 0.29%/yr for SCPIX.

Performance

DFRTX vs. SCPIX - Performance Comparison

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

Returns By Period

DFRTX

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

SCPIX

• 1D: 0.13%
• 1M: 5.78%
• YTD: 11.60%
• 6M: 11.61%
• 1Y: 28.64%
• 3Y*: 22.31%
• 5Y*: 13.80%
• 10Y*: 15.57%

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

DFRTX vs. SCPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFRTX DWS Floating Rate Fund	0.51%	3.50%	7.82%	11.54%	-1.54%	3.85%	1.12%	8.66%	-0.49%	1.68%
SCPIX DWS S&P 500 Index Fund	11.60%	17.21%	24.65%	25.97%	-18.46%	27.85%	18.21%	34.99%	-4.58%	21.43%

Correlation

The correlation between DFRTX and SCPIX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.24

Return for Risk

DFRTX 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: 73
SCPIX Sharpe Ratio Rank: 75
SCPIX Sortino Ratio Rank: 68
SCPIX Omega Ratio Rank: 68
SCPIX Calmar Ratio Rank: 72
SCPIX Martin Ratio Rank: 82

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.

DFRTX vs. SCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Floating Rate Fund (DFRTX) 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

	DFRTX	SCPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.50	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
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

	DFRTX	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	—	0.00%	—
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

	DFRTX	SCPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.85%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.11%	—

DFRTX vs. SCPIX - Expense Ratio Comparison

DFRTX has a 0.78% expense ratio, which is higher than SCPIX's 0.29% expense ratio.

Dividends

DFRTX vs. SCPIX - Dividend Comparison

DFRTX's dividend yield for the trailing twelve months is around 4.84%, more than SCPIX's 3.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRTX DWS Floating Rate Fund	4.84%	6.04%	8.77%	8.33%	4.36%	3.41%	3.84%	4.90%	4.30%	4.49%	4.86%	4.73%
SCPIX DWS S&P 500 Index Fund	3.90%	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 DFRTX and SCPIX in my portfolio?

DFRTX and SCPIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.