SCMBX vs. IYW
Compare and contrast key facts about DWS Managed Municipal Bond Fund (SCMBX) and iShares U.S. Technology ETF (IYW).
SCMBX is managed by Blackrock. It was launched on Oct 13, 1976. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCMBX or IYW.
Performance
SCMBX vs. IYW - Performance Comparison
Returns By Period
In the year-to-date period, SCMBX achieves a 3.31% return, which is significantly lower than IYW's 28.88% return. Over the past 10 years, SCMBX has underperformed IYW with an annualized return of 2.37%, while IYW has yielded a comparatively higher 20.63% annualized return.
SCMBX
3.31%
0.07%
3.56%
8.79%
1.34%
2.37%
IYW
28.88%
1.07%
12.94%
35.70%
24.07%
20.63%
Key characteristics
| SCMBX | IYW | |
|---|---|---|
| Sharpe Ratio | 2.36 | 1.64 |
| Sortino Ratio | 3.57 | 2.17 |
| Omega Ratio | 1.56 | 1.29 |
| Calmar Ratio | 0.93 | 2.16 |
| Martin Ratio | 10.19 | 7.45 |
| Ulcer Index | 0.89% | 4.66% |
| Daily Std Dev | 3.85% | 21.17% |
| Max Drawdown | -17.56% | -81.89% |
| Current Drawdown | -1.80% | -2.07% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCMBX vs. IYW - Expense Ratio Comparison
SCMBX has a 0.54% expense ratio, which is higher than IYW's 0.42% expense ratio.
Correlation
The correlation between SCMBX and IYW is -0.06. 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.
Risk-Adjusted Performance
SCMBX vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Managed Municipal Bond Fund (SCMBX) and iShares U.S. Technology ETF (IYW). 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.
Dividends
SCMBX vs. IYW - Dividend Comparison
SCMBX's dividend yield for the trailing twelve months is around 4.02%, more than IYW's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMBX DWS Managed Municipal Bond Fund | 4.02% | 4.08% | 4.30% | 2.87% | 4.00% | 3.49% | 3.38% | 3.42% | 3.78% | 3.91% | 4.07% | 4.30% |
IYW iShares U.S. Technology ETF | 0.31% | 0.40% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% | 1.06% |
Drawdowns
SCMBX vs. IYW - Drawdown Comparison
The maximum SCMBX drawdown since its inception was -17.56%, smaller than the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for SCMBX and IYW. For additional features, visit the drawdowns tool.
Volatility
SCMBX vs. IYW - Volatility Comparison
The current volatility for DWS Managed Municipal Bond Fund (SCMBX) is 1.85%, while iShares U.S. Technology ETF (IYW) has a volatility of 6.59%. This indicates that SCMBX experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.