SCMBX vs. VTEX

Last updated Apr 1, 2026

Compare and contrast key facts about DWS Managed Municipal Bond Fund (SCMBX) and VTEX (VTEX).

SCMBX is managed by BlackRock. It was launched on Oct 13, 1976.

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.

SCMBX vs. VTEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCMBX DWS Managed Municipal Bond Fund	-0.34%	3.21%	2.52%	6.64%	-12.83%	-0.40%
VTEX VTEX	6.38%	-36.16%	-14.39%	83.47%	-65.02%	-51.67%

Returns By Period

In the year-to-date period, SCMBX achieves a -0.34% return, which is significantly lower than VTEX's 6.38% return.

SCMBX

• 1D: 0.25%
• 1M: -2.37%
• YTD: -0.34%
• 6M: 1.08%
• 1Y: 3.84%
• 3Y*: 2.95%
• 5Y*: 0.13%
• 10Y*: 1.75%

VTEX

• 1D: 2.04%
• 1M: 16.62%
• YTD: 6.38%
• 6M: -8.68%
• 1Y: -21.10%
• 3Y*: 1.37%
• 5Y*: —
• 10Y*: —

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

Return for Risk

SCMBX vs. VTEX — Risk / Return Rank

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

SCMBX

SCMBX Risk / Return Rank: 36
SCMBX Sharpe Ratio Rank: 37
SCMBX Sortino Ratio Rank: 30
SCMBX Omega Ratio Rank: 57
SCMBX Calmar Ratio Rank: 28
SCMBX Martin Ratio Rank: 25

VTEX

VTEX Risk / Return Rank: 27
VTEX Sharpe Ratio Rank: 24
VTEX Sortino Ratio Rank: 25
VTEX Omega Ratio Rank: 24
VTEX Calmar Ratio Rank: 30
VTEX Martin Ratio Rank: 31

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.

SCMBX vs. VTEX - Risk-Adjusted Trends 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.

	SCMBX	VTEX	Difference
Sharpe ratio Return per unit of total volatility	0.79	-0.41	+1.20
Sortino ratio Return per unit of downside risk	1.07	-0.24	+1.31
Omega ratio Gain probability vs. loss probability	1.22	0.96	+0.26
Calmar ratio Return relative to maximum drawdown	0.81	-0.37	+1.18
Martin ratio Return relative to average drawdown	2.62	-0.62	+3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCMBX vs. VTEX - Sharpe Ratio Comparison

The current SCMBX Sharpe Ratio is 0.79, which is higher than the VTEX Sharpe Ratio of -0.41. 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.

Sharpe Ratios by Period

	SCMBX	VTEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	-0.41	+1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	-0.50	+1.76

Correlation

The correlation between SCMBX and VTEX is 0.11, 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.

Dividends

SCMBX vs. VTEX - Dividend Comparison

SCMBX's dividend yield for the trailing twelve months is around 4.89%, while VTEX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCMBX DWS Managed Municipal Bond Fund	4.89%	4.46%	3.49%	2.64%	2.36%	3.27%	3.57%	4.32%	3.42%	3.31%	3.87%	3.99%
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 -18.17%, 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.

Drawdown Indicators

	SCMBX	VTEX	Difference
Max Drawdown Largest peak-to-trough decline	-18.17%	-91.38%	+73.21%
Max Drawdown (1Y) Largest decline over 1 year	-5.07%	-57.54%	+52.47%
Max Drawdown (5Y) Largest decline over 5 years	-18.17%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.17%	—	—
Current Drawdown Current decline from peak	-2.50%	-87.60%	+85.10%
Average Drawdown Average peak-to-trough decline	-2.23%	-78.71%	+76.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	34.54%	-32.98%

Volatility

SCMBX vs. VTEX - Volatility Comparison

The current volatility for DWS Managed Municipal Bond Fund (SCMBX) is 1.25%, while VTEX (VTEX) has a volatility of 12.91%. 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.

Volatility by Period

	SCMBX	VTEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	12.91%	-11.66%
Volatility (6M) Calculated over the trailing 6-month period	1.91%	32.09%	-30.18%
Volatility (1Y) Calculated over the trailing 1-year period	5.24%	51.87%	-46.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.37%	61.38%	-57.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.30%	61.38%	-57.08%