MEFOX vs. DESGX

Last updated Jul 3, 2026

MEFOX (Meehan Focus Fund) and DESGX (DWS ESG Core Equity Fund) are both Large Cap Blend Equities funds. Over the past 10 years, MEFOX returned 17.04%/yr vs 13.52%/yr for DESGX. Their correlation of 0.91 suggests significant overlap in exposure. MEFOX charges 1.01%/yr vs 0.64%/yr for DESGX.

Performance

MEFOX vs. DESGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Meehan Focus Fund (MEFOX) and DWS ESG Core Equity Fund (DESGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEFOX achieves a 13.07% return, which is significantly higher than DESGX's 11.92% return. Over the past 10 years, MEFOX has outperformed DESGX with an annualized return of 17.04%, while DESGX has yielded a comparatively lower 13.52% annualized return.

MEFOX

• 1D: -1.08%
• 1M: 0.21%
• 6M: 13.07%
• YTD: 13.07%
• 1Y: 29.12%
• 3Y*: 24.22%
• 5Y*: 15.69%
• 10Y*: 17.04%

DESGX

• 1D: -0.38%
• 1M: -2.41%
• 6M: 11.92%
• YTD: 11.92%
• 1Y: 27.61%
• 3Y*: 21.15%
• 5Y*: 13.85%
• 10Y*: 13.52%

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

MEFOX vs. DESGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MEFOX Meehan Focus Fund	13.07%	21.08%	26.12%	35.45%	-20.75%	35.58%	20.45%	33.19%	-7.53%	21.89%
DESGX DWS ESG Core Equity Fund	11.92%	18.92%	23.55%	26.68%	-15.56%	28.99%	19.13%	28.18%	-17.30%	13.02%

Correlation

The correlation between MEFOX and DESGX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Aug 2, 2005	0.91

The correlation between MEFOX and DESGX has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

Return for Risk

MEFOX vs. DESGX — Risk / Return Rank

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

MEFOX

MEFOX Risk / Return Rank: 75
MEFOX Sharpe Ratio Rank: 76
MEFOX Sortino Ratio Rank: 72
MEFOX Omega Ratio Rank: 68
MEFOX Calmar Ratio Rank: 75
MEFOX Martin Ratio Rank: 82

DESGX

DESGX Risk / Return Rank: 79
DESGX Sharpe Ratio Rank: 79
DESGX Sortino Ratio Rank: 77
DESGX Omega Ratio Rank: 75
DESGX Calmar Ratio Rank: 80
DESGX Martin Ratio Rank: 86

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.

MEFOX vs. DESGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meehan Focus Fund (MEFOX) and DWS ESG Core Equity Fund (DESGX). 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.

	MEFOX	DESGX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.11	-0.09
Sortino ratio: Return per unit of downside risk	2.77	2.93	-0.16
Omega ratio: Gain probability vs. loss probability	1.35	1.38	-0.03
Calmar ratio: Return relative to maximum drawdown	2.80	3.03	-0.23
Martin ratio: Return relative to average drawdown	12.10	13.11	-1.01

MEFOX vs. DESGX - Sharpe Ratio Comparison

The current MEFOX Sharpe Ratio is 2.02, which is comparable to the DESGX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of MEFOX and DESGX, 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

MEFOX vs. DESGX - Drawdown Comparison

The maximum MEFOX drawdown since its inception was -54.83%, smaller than the maximum DESGX drawdown of -58.26%. Use the drawdown chart below to compare losses from any high point for MEFOX and DESGX.

Drawdown Indicators

	MEFOX	DESGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.83%	-58.26%	+3.43%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-9.38%	-1.50%
Max Drawdown (3Y) Largest decline over 3 years	-20.12%	-21.26%	+1.14%
Max Drawdown (5Y) Largest decline over 5 years	-26.19%	-22.01%	-4.18%
Max Drawdown (10Y) Largest decline over 10 years	-36.38%	-34.68%	-1.70%
Current Drawdown Current decline from peak	-1.08%	-2.44%	+1.36%
Average Drawdown Average peak-to-trough decline	-9.09%	-8.09%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.16%	+0.35%

Volatility

MEFOX vs. DESGX - Volatility Comparison

Meehan Focus Fund (MEFOX) has a higher volatility of 5.98% compared to DWS ESG Core Equity Fund (DESGX) at 5.23%. This indicates that MEFOX's price experiences larger fluctuations and is considered to be riskier than DESGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MEFOX	DESGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	5.23%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	11.91%	10.77%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	15.10%	13.47%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.79%	17.29%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	18.17%	+1.42%

MEFOX vs. DESGX - Expense Ratio Comparison

MEFOX has a 1.01% expense ratio, which is higher than DESGX's 0.64% expense ratio.

Dividends

MEFOX vs. DESGX - Dividend Comparison

MEFOX's dividend yield for the trailing twelve months is around 0.14%, less than DESGX's 5.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DESGX DWS ESG Core Equity Fund	5.15%	5.76%	7.94%	2.80%	4.21%	12.80%	4.06%	7.61%	21.12%	3.53%	6.49%	7.25%
MEFOX Meehan Focus Fund	0.14%	0.16%	0.94%	0.37%	0.80%	3.55%	1.09%	3.55%	2.84%	0.57%	0.37%	0.00%

Frequently Asked Questions

Can I hold both MEFOX and DESGX in my portfolio?

MEFOX and DESGX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MEFOX or DESGX?

MEFOX has higher volatility (5.98%) compared to DESGX (5.23%). In terms of maximum drawdown, MEFOX dropped -54.83% vs DESGX's -58.26%.

Which has better risk-adjusted returns?

DESGX currently has the higher Sharpe Ratio (2.11 vs 2.02), 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.