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SCMBX vs. VTEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SCMBX and VTEX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

SCMBX vs. VTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Managed Municipal Bond Fund (SCMBX) and VTEX (VTEX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
1.04%
-14.98%
SCMBX
VTEX

Key characteristics

Sharpe Ratio

SCMBX:

0.78

VTEX:

-0.29

Sortino Ratio

SCMBX:

1.10

VTEX:

-0.13

Omega Ratio

SCMBX:

1.16

VTEX:

0.98

Calmar Ratio

SCMBX:

0.47

VTEX:

-0.15

Martin Ratio

SCMBX:

3.09

VTEX:

-0.54

Ulcer Index

SCMBX:

0.97%

VTEX:

23.20%

Daily Std Dev

SCMBX:

3.82%

VTEX:

43.90%

Max Drawdown

SCMBX:

-25.76%

VTEX:

-91.38%

Current Drawdown

SCMBX:

-2.93%

VTEX:

-81.89%

Returns By Period

In the year-to-date period, SCMBX achieves a 2.12% return, which is significantly higher than VTEX's -15.12% return.


SCMBX

YTD

2.12%

1M

-1.03%

6M

1.05%

1Y

2.56%

5Y*

1.07%

10Y*

2.21%

VTEX

YTD

-15.12%

1M

-9.60%

6M

-14.99%

1Y

-11.78%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

SCMBX vs. VTEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Managed Municipal Bond Fund (SCMBX) and VTEX (VTEX). 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.


Sharpe ratio
The chart of Sharpe ratio for SCMBX, currently valued at 0.78, compared to the broader market-1.000.001.002.003.004.000.78-0.29
The chart of Sortino ratio for SCMBX, currently valued at 1.10, compared to the broader market-2.000.002.004.006.008.0010.001.10-0.13
The chart of Omega ratio for SCMBX, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.003.501.160.98
The chart of Calmar ratio for SCMBX, currently valued at 0.47, compared to the broader market0.002.004.006.008.0010.0012.0014.000.47-0.15
The chart of Martin ratio for SCMBX, currently valued at 3.09, compared to the broader market0.0020.0040.0060.003.09-0.54
SCMBX
VTEX

The current SCMBX Sharpe Ratio is 0.78, which is higher than the VTEX Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of SCMBX and VTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.78
-0.29
SCMBX
VTEX

Dividends

SCMBX vs. VTEX - Dividend Comparison

SCMBX's dividend yield for the trailing twelve months is around 3.78%, while VTEX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SCMBX
DWS Managed Municipal Bond Fund
3.78%4.08%4.30%2.87%4.00%3.49%3.38%3.42%3.78%3.91%4.07%4.30%
VTEX
VTEX
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SCMBX vs. VTEX - Drawdown Comparison

The maximum SCMBX drawdown since its inception was -25.76%, smaller than the maximum VTEX drawdown of -91.38%. Use the drawdown chart below to compare losses from any high point for SCMBX and VTEX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.93%
-81.89%
SCMBX
VTEX

Volatility

SCMBX vs. VTEX - Volatility Comparison

The current volatility for DWS Managed Municipal Bond Fund (SCMBX) is 1.52%, while VTEX (VTEX) has a volatility of 12.68%. This indicates that SCMBX experiences smaller price fluctuations and is considered to be less risky than VTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
1.52%
12.68%
SCMBX
VTEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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