SCPIX vs. SPIDX
Compare and contrast key facts about DWS S&P 500 Index Fund (SCPIX) and Invesco S&P 500 Index Fund (SPIDX).
SCPIX is managed by DWS. It was launched on Aug 29, 1997. SPIDX is managed by Invesco. It was launched on Sep 26, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCPIX or SPIDX.
Correlation
The correlation between SCPIX and SPIDX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SCPIX vs. SPIDX - Performance Comparison
Key characteristics
SCPIX:
1.37
SPIDX:
1.82
SCPIX:
1.84
SPIDX:
2.45
SCPIX:
1.26
SPIDX:
1.34
SCPIX:
1.79
SPIDX:
2.74
SCPIX:
6.98
SPIDX:
11.36
SCPIX:
2.62%
SPIDX:
2.04%
SCPIX:
13.33%
SPIDX:
12.75%
SCPIX:
-55.47%
SPIDX:
-55.30%
SCPIX:
-7.97%
SPIDX:
-4.25%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SCPIX at -0.62% and SPIDX at -0.62%. Over the past 10 years, SCPIX has underperformed SPIDX with an annualized return of 8.02%, while SPIDX has yielded a comparatively higher 12.57% annualized return.
SCPIX
-0.62%
-7.38%
-0.67%
18.20%
8.04%
8.02%
SPIDX
-0.62%
-3.65%
3.34%
23.10%
13.14%
12.57%
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SCPIX vs. SPIDX - Expense Ratio Comparison
Both SCPIX and SPIDX have an expense ratio of 0.29%.
Risk-Adjusted Performance
SCPIX vs. SPIDX — Risk-Adjusted Performance Rank
SCPIX
SPIDX
SCPIX vs. SPIDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS S&P 500 Index Fund (SCPIX) and Invesco S&P 500 Index Fund (SPIDX). 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
SCPIX vs. SPIDX - Dividend Comparison
SCPIX's dividend yield for the trailing twelve months is around 1.08%, more than SPIDX's 0.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCPIX DWS S&P 500 Index Fund | 1.08% | 1.07% | 1.23% | 1.33% | 1.07% | 1.37% | 1.50% | 1.78% | 1.68% | 1.85% | 1.40% | 1.78% |
SPIDX Invesco S&P 500 Index Fund | 0.98% | 0.97% | 1.23% | 1.13% | 0.98% | 1.28% | 1.50% | 1.81% | 1.49% | 1.49% | 1.74% | 1.38% |
Drawdowns
SCPIX vs. SPIDX - Drawdown Comparison
The maximum SCPIX drawdown since its inception was -55.47%, roughly equal to the maximum SPIDX drawdown of -55.30%. Use the drawdown chart below to compare losses from any high point for SCPIX and SPIDX. For additional features, visit the drawdowns tool.
Volatility
SCPIX vs. SPIDX - Volatility Comparison
DWS S&P 500 Index Fund (SCPIX) has a higher volatility of 5.80% compared to Invesco S&P 500 Index Fund (SPIDX) at 4.48%. This indicates that SCPIX's price experiences larger fluctuations and is considered to be riskier than SPIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.