SCOBX vs. SCMTX
SCOBX (DWS International Growth Fund) and SCMTX (DWS Intermediate Tax-Free Fund) are both mutual funds - SCOBX is a Foreign Large Cap Equities fund managed by DWS, while SCMTX is a Municipal Bonds fund managed by DWS. Over the past 10 years, SCOBX returned 7.53%/yr vs 1.84%/yr for SCMTX. Their -0.00 correlation means they have often moved in opposite directions in the past. SCOBX charges 0.92%/yr vs 0.48%/yr for SCMTX.
Performance
SCOBX vs. SCMTX - Performance Comparison
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Returns By Period
In the year-to-date period, SCOBX achieves a 8.74% return, which is significantly higher than SCMTX's 0.28% return. Over the past 10 years, SCOBX has outperformed SCMTX with an annualized return of 7.53%, while SCMTX has yielded a comparatively lower 1.84% annualized return.
SCOBX
- 1D
- 1.36%
- 1M
- -0.33%
- 6M
- 7.27%
- YTD
- 8.74%
- 1Y
- 15.56%
- 3Y*
- 13.58%
- 5Y*
- 2.91%
- 10Y*
- 7.53%
- ALL TIME*
- 7.18%
SCMTX
- 1D
- 0.18%
- 1M
- -1.40%
- 6M
- -0.91%
- YTD
- 0.28%
- 1Y
- 4.04%
- 3Y*
- 3.24%
- 5Y*
- 0.44%
- 10Y*
- 1.84%
- ALL TIME*
- 4.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SCOBX vs. SCMTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCOBX DWS International Growth Fund | 8.74% | 19.45% | 9.37% | 15.76% | -29.24% | 8.23% | 22.49% | 31.61% | -16.88% | 25.45% |
SCMTX DWS Intermediate Tax-Free Fund | 0.28% | 4.51% | 1.71% | 5.08% | -8.21% | 1.21% | 5.34% | 8.27% | 0.73% | 3.55% |
Correlation
The correlation between SCOBX and SCMTX is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | -0.00 |
The correlation between SCOBX and SCMTX shifts across timeframes, from -0.00 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SCOBX vs. SCMTX — Risk / Return Rank
SCOBX
SCMTX
SCOBX vs. SCMTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS International Growth Fund (SCOBX) and DWS Intermediate Tax-Free Fund (SCMTX). 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.
| SCOBX | SCMTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.41 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.42 | -0.17 |
| Martin ratioReturn relative to average drawdown | 4.43 | 3.77 | +0.66 |
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Drawdowns
SCOBX vs. SCMTX - Drawdown Comparison
The maximum SCOBX drawdown since its inception was -62.65%, which is greater than SCMTX's maximum drawdown of -12.59%. Use the drawdown chart below to compare losses from any high point for SCOBX and SCMTX.
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Drawdown Indicators
| SCOBX | SCMTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.65% | -12.59% | -50.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -2.94% | -9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.86% | -4.26% | -11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -40.92% | -12.51% | -28.41% |
Max Drawdown (10Y)Largest decline over 10 years | -40.92% | -12.59% | -28.33% |
Current DrawdownCurrent decline from peak | -0.35% | -1.97% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -1.45% | -10.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 1.10% | +2.38% |
Volatility
SCOBX vs. SCMTX - Volatility Comparison
DWS International Growth Fund (SCOBX) has a higher volatility of 4.37% compared to DWS Intermediate Tax-Free Fund (SCMTX) at 0.95%. This indicates that SCOBX's price experiences larger fluctuations and is considered to be riskier than SCMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCOBX | SCMTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 0.95% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.98% | 1.97% | +12.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 2.37% | +14.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.29% | 3.12% | +15.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 3.31% | +14.18% |
SCOBX vs. SCMTX - Expense Ratio Comparison
SCOBX has a 0.92% expense ratio, which is higher than SCMTX's 0.48% expense ratio.
Dividends
SCOBX vs. SCMTX - Dividend Comparison
SCOBX's dividend yield for the trailing twelve months is around 4.32%, more than SCMTX's 3.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMTX DWS Intermediate Tax-Free Fund | 3.06% | 3.26% | 2.90% | 2.16% | 1.70% | 2.22% | 3.65% | 5.20% | 2.95% | 2.64% | 2.56% | 2.53% |
SCOBX DWS International Growth Fund | 4.32% | 4.70% | 3.37% | 1.57% | 3.78% | 3.70% | 0.81% | 1.01% | 1.29% | 0.46% | 0.14% | 0.00% |
Frequently Asked Questions
SCOBX and SCMTX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCOBX has higher volatility (4.37%) compared to SCMTX (0.95%). In terms of maximum drawdown, SCOBX dropped -62.65% vs SCMTX's -12.59%.
SCMTX currently has the higher Sharpe Ratio (1.76 vs 0.95), 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.
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