SLAFX vs. OTGAX

Last updated Aug 1, 2026

SLAFX (DWS Latin America Equity Fund) and OTGAX (OTG Latin America Fund) are both Latin America Equities funds. Their correlation of 0.82 means they have usually moved in the same direction. SLAFX charges 1.26%/yr vs 2.22%/yr for OTGAX.

Performance

SLAFX vs. OTGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Latin America Equity Fund (SLAFX) and OTG Latin America Fund (OTGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SLAFX

• 1D: 2.74%
• 1M: 4.14%
• 6M: -4.09%
• YTD: 12.49%
• 1Y: 35.64%
• 3Y*: 9.96%
• 5Y*: 9.26%
• 10Y*: 10.45%
• ALL TIME*: 9.34%

OTGAX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SLAFX DWS Latin America Equity Fund	$0.00	$0.00	$0.00

SLAFX vs. OTGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SLAFX DWS Latin America Equity Fund	12.49%	54.49%	-28.35%	33.60%	8.33%	-8.82%	0.94%	24.49%
OTGAX OTG Latin America Fund	0.00%	22.20%	-16.77%	25.27%	2.86%	-1.58%	-16.82%	2.29%

Correlation

The correlation between SLAFX and OTGAX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (All Time) Calculated using the full available price history since May 15, 2019	0.82

The correlation between SLAFX and OTGAX shifts across timeframes, from 0.68 (3 years) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SLAFX vs. OTGAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SLAFX

SLAFX Risk / Return Rank: 62
SLAFX Sharpe Ratio Rank: 66
SLAFX Sortino Ratio Rank: 62
SLAFX Omega Ratio Rank: 64
SLAFX Calmar Ratio Rank: 78
SLAFX Martin Ratio Rank: 42

OTGAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SLAFX vs. OTGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Latin America Equity Fund (SLAFX) and OTG Latin America Fund (OTGAX). 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.

	SLAFX	OTGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.22	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.61	—	—
Martin ratio: Return relative to average drawdown	6.21	—	—

Drawdowns

Drawdown Indicators

	SLAFX	OTGAX	Difference
Max Drawdown Largest peak-to-trough decline	-70.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.65%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.90%	—	—
Current Drawdown Current decline from peak	-7.78%	—	—
Average Drawdown Average peak-to-trough decline	-22.15%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.71%	—	—

Volatility

Volatility by Period

	SLAFX	OTGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.93%	—	—

SLAFX vs. OTGAX - Expense Ratio Comparison

SLAFX has a 1.26% expense ratio, which is lower than OTGAX's 2.22% expense ratio.

Dividends

SLAFX vs. OTGAX - Dividend Comparison

SLAFX's dividend yield for the trailing twelve months is around 3.63%, while OTGAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
OTGAX OTG Latin America Fund	0.00%	0.49%	1.73%	2.20%	5.59%	5.94%	0.73%	1.38%	0.00%	0.00%	0.00%
SLAFX DWS Latin America Equity Fund	3.63%	4.09%	5.41%	3.40%	7.44%	14.43%	0.00%	0.11%	0.00%	4.47%	1.82%

Frequently Asked Questions

Can I hold both SLAFX and OTGAX in my portfolio?

SLAFX and OTGAX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.