SCOBX vs. KHYAX

Last updated Apr 1, 2026

Compare and contrast key facts about DWS International Growth Fund (SCOBX) and DWS High Income Fund (KHYAX).

SCOBX is managed by DWS. It was launched on Jul 22, 1986. KHYAX is managed by DWS. It was launched on Jan 26, 1978.

Performance

SCOBX vs. KHYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS International Growth Fund (SCOBX) and DWS High Income Fund (KHYAX). The values are adjusted to include any dividend payments, if applicable.

SCOBX vs. KHYAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCOBX DWS International Growth Fund	-7.80%	19.45%	9.37%	15.76%	-29.24%	8.23%	22.49%	31.61%	-16.88%	25.45%
KHYAX DWS High Income Fund	-1.11%	7.54%	7.02%	11.44%	-9.15%	3.94%	5.95%	14.65%	-2.46%	7.18%

Returns By Period

In the year-to-date period, SCOBX achieves a -7.80% return, which is significantly lower than KHYAX's -1.11% return. Over the past 10 years, SCOBX has outperformed KHYAX with an annualized return of 6.12%, while KHYAX has yielded a comparatively lower 5.39% annualized return.

SCOBX

• 1D: -0.12%
• 1M: -12.07%
• YTD: -7.80%
• 6M: -6.17%
• 1Y: 5.86%
• 3Y*: 8.26%
• 5Y*: 1.51%
• 10Y*: 6.12%

KHYAX

• 1D: 0.00%
• 1M: -1.93%
• YTD: -1.11%
• 6M: 0.40%
• 1Y: 6.76%
• 3Y*: 6.98%
• 5Y*: 3.62%
• 10Y*: 5.39%

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

SCOBX vs. KHYAX - Expense Ratio Comparison

SCOBX has a 0.92% expense ratio, which is lower than KHYAX's 0.94% expense ratio.

KHYAX

DWS High Income Fund

SCOBX

DWS International Growth Fund

Return for Risk

SCOBX vs. KHYAX — Risk / Return Rank

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

SCOBX

SCOBX Risk / Return Rank: 12
SCOBX Sharpe Ratio Rank: 12
SCOBX Sortino Ratio Rank: 12
SCOBX Omega Ratio Rank: 12
SCOBX Calmar Ratio Rank: 13
SCOBX Martin Ratio Rank: 14

KHYAX

KHYAX Risk / Return Rank: 89
KHYAX Sharpe Ratio Rank: 89
KHYAX Sortino Ratio Rank: 88
KHYAX Omega Ratio Rank: 94
KHYAX Calmar Ratio Rank: 85
KHYAX Martin Ratio Rank: 89

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.

SCOBX vs. KHYAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS International Growth Fund (SCOBX) and DWS High Income Fund (KHYAX). 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.

	SCOBX	KHYAX	Difference
Sharpe ratio Return per unit of total volatility	0.29	1.84	-1.55
Sortino ratio Return per unit of downside risk	0.55	2.41	-1.86
Omega ratio Gain probability vs. loss probability	1.07	1.50	-0.43
Calmar ratio Return relative to maximum drawdown	0.32	2.11	-1.79
Martin ratio Return relative to average drawdown	1.21	9.89	-8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCOBX vs. KHYAX - Sharpe Ratio Comparison

The current SCOBX Sharpe Ratio is 0.29, which is lower than the KHYAX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SCOBX and KHYAX, 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

	SCOBX	KHYAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	1.84	-1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.74	-0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.92	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	1.03	-0.62

Correlation

The correlation between SCOBX and KHYAX is 0.38, 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

SCOBX vs. KHYAX - Dividend Comparison

SCOBX's dividend yield for the trailing twelve months is around 5.10%, less than KHYAX's 6.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCOBX DWS International Growth Fund	5.10%	4.70%	3.37%	1.57%	3.78%	3.70%	0.81%	1.01%	1.29%	0.46%	0.14%	0.00%
KHYAX DWS High Income Fund	6.67%	5.41%	6.08%	5.70%	5.33%	4.50%	4.47%	4.86%	5.67%	5.24%	5.03%	5.84%

Drawdowns

SCOBX vs. KHYAX - Drawdown Comparison

The maximum SCOBX drawdown since its inception was -62.65%, which is greater than KHYAX's maximum drawdown of -31.54%. Use the drawdown chart below to compare losses from any high point for SCOBX and KHYAX.

Drawdown Indicators

	SCOBX	KHYAX	Difference
Max Drawdown Largest peak-to-trough decline	-62.65%	-31.54%	-31.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	-2.97%	-9.44%
Max Drawdown (5Y) Largest decline over 5 years	-40.92%	-13.22%	-27.70%
Max Drawdown (10Y) Largest decline over 10 years	-40.92%	-22.42%	-18.50%
Current Drawdown Current decline from peak	-12.41%	-2.15%	-10.26%
Average Drawdown Average peak-to-trough decline	-11.57%	-4.42%	-7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	0.63%	+2.84%

Volatility

SCOBX vs. KHYAX - Volatility Comparison

DWS International Growth Fund (SCOBX) has a higher volatility of 6.00% compared to DWS High Income Fund (KHYAX) at 1.16%. This indicates that SCOBX's price experiences larger fluctuations and is considered to be riskier than KHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCOBX	KHYAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.00%	1.16%	+4.84%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	1.86%	+8.77%
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	3.71%	+13.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.87%	4.88%	+12.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	5.89%	+11.47%