KDHAX vs. SCMTX

Last updated Apr 2, 2026

Compare and contrast key facts about DWS CROCI Equity Dividend Fd (KDHAX) and DWS Intermediate Tax-Free Fund (SCMTX).

KDHAX is managed by DWS. It was launched on Mar 18, 1988. SCMTX is managed by DWS. It was launched on Apr 11, 1983.

Performance

KDHAX vs. SCMTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS CROCI Equity Dividend Fd (KDHAX) and DWS Intermediate Tax-Free Fund (SCMTX). The values are adjusted to include any dividend payments, if applicable.

KDHAX vs. SCMTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KDHAX DWS CROCI Equity Dividend Fd	2.60%	2.92%	13.37%	5.30%	1.09%	19.44%	-9.41%	29.38%	-3.45%	19.25%
SCMTX DWS Intermediate Tax-Free Fund	-0.07%	4.51%	1.71%	5.08%	-8.21%	1.21%	5.34%	8.27%	0.73%	3.55%

Returns By Period

In the year-to-date period, KDHAX achieves a 2.60% return, which is significantly higher than SCMTX's -0.07% return. Over the past 10 years, KDHAX has outperformed SCMTX with an annualized return of 8.43%, while SCMTX has yielded a comparatively lower 1.95% annualized return.

KDHAX

• 1D: 1.19%
• 1M: -5.14%
• YTD: 2.60%
• 6M: 4.49%
• 1Y: 4.46%
• 3Y*: 8.10%
• 5Y*: 6.75%
• 10Y*: 8.43%

SCMTX

• 1D: 0.18%
• 1M: -2.05%
• YTD: -0.07%
• 6M: 1.43%
• 1Y: 4.37%
• 3Y*: 2.88%
• 5Y*: 0.81%
• 10Y*: 1.95%

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

KDHAX vs. SCMTX - Expense Ratio Comparison

KDHAX has a 1.01% expense ratio, which is higher than SCMTX's 0.48% expense ratio.

KDHAX

DWS CROCI Equity Dividend Fd

SCMTX

DWS Intermediate Tax-Free Fund

Return for Risk

KDHAX vs. SCMTX — Risk / Return Rank

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

KDHAX

KDHAX Risk / Return Rank: 9
KDHAX Sharpe Ratio Rank: 8
KDHAX Sortino Ratio Rank: 8
KDHAX Omega Ratio Rank: 8
KDHAX Calmar Ratio Rank: 11
KDHAX Martin Ratio Rank: 10

SCMTX

SCMTX Risk / Return Rank: 60
SCMTX Sharpe Ratio Rank: 66
SCMTX Sortino Ratio Rank: 59
SCMTX Omega Ratio Rank: 81
SCMTX Calmar Ratio Rank: 51
SCMTX Martin Ratio Rank: 45

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.

KDHAX vs. SCMTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS CROCI Equity Dividend Fd (KDHAX) and DWS Intermediate Tax-Free Fund (SCMTX). 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.

	KDHAX	SCMTX	Difference
Sharpe ratio Return per unit of total volatility	0.23	1.26	-1.03
Sortino ratio Return per unit of downside risk	0.45	1.66	-1.21
Omega ratio Gain probability vs. loss probability	1.06	1.34	-0.28
Calmar ratio Return relative to maximum drawdown	0.34	1.42	-1.08
Martin ratio Return relative to average drawdown	0.96	5.07	-4.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KDHAX vs. SCMTX - Sharpe Ratio Comparison

The current KDHAX Sharpe Ratio is 0.23, which is lower than the SCMTX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of KDHAX and SCMTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KDHAX	SCMTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	1.26	-1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.27	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.59	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.48	-1.02

Correlation

The correlation between KDHAX and SCMTX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

KDHAX vs. SCMTX - Dividend Comparison

KDHAX's dividend yield for the trailing twelve months is around 16.23%, more than SCMTX's 3.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KDHAX DWS CROCI Equity Dividend Fd	16.23%	15.94%	9.07%	5.94%	6.24%	9.57%	5.53%	7.13%	12.23%	1.60%	1.81%	2.34%
SCMTX DWS Intermediate Tax-Free Fund	3.62%	3.26%	2.90%	2.16%	1.70%	2.22%	3.65%	5.20%	2.95%	2.64%	2.56%	2.53%

Drawdowns

KDHAX vs. SCMTX - Drawdown Comparison

The maximum KDHAX drawdown since its inception was -65.77%, which is greater than SCMTX's maximum drawdown of -12.59%. Use the drawdown chart below to compare losses from any high point for KDHAX and SCMTX.

Drawdown Indicators

	KDHAX	SCMTX	Difference
Max Drawdown Largest peak-to-trough decline	-65.77%	-12.59%	-53.18%
Max Drawdown (1Y) Largest decline over 1 year	-12.60%	-3.56%	-9.04%
Max Drawdown (5Y) Largest decline over 5 years	-16.91%	-12.59%	-4.32%
Max Drawdown (10Y) Largest decline over 10 years	-40.08%	-12.59%	-27.49%
Current Drawdown Current decline from peak	-7.96%	-2.31%	-5.65%
Average Drawdown Average peak-to-trough decline	-9.41%	-1.45%	-7.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.50%	0.99%	+3.51%

Volatility

KDHAX vs. SCMTX - Volatility Comparison

DWS CROCI Equity Dividend Fd (KDHAX) has a higher volatility of 3.81% compared to DWS Intermediate Tax-Free Fund (SCMTX) at 1.03%. This indicates that KDHAX's price experiences larger fluctuations and is considered to be riskier than SCMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KDHAX	SCMTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	1.03%	+2.78%
Volatility (6M) Calculated over the trailing 6-month period	9.83%	1.55%	+8.28%
Volatility (1Y) Calculated over the trailing 1-year period	17.49%	3.67%	+13.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	3.07%	+10.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.83%	3.30%	+13.53%