SLANX vs. MXF
SLANX (DWS Latin America Equity Fund Class A) and MXF (The Mexico Fund) are both Latin America Equities funds. Over the past 10 years, SLANX returned 9.84%/yr vs 7.84%/yr for MXF. Their 0.65 correlation means they have sometimes moved together and sometimes differently. SLANX charges 1.51%/yr vs 0.01%/yr for MXF.
Performance
SLANX vs. MXF - Performance Comparison
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Returns By Period
In the year-to-date period, SLANX achieves a 11.97% return, which is significantly lower than MXF's 13.45% return. Over the past 10 years, SLANX has outperformed MXF with an annualized return of 9.84%, while MXF has yielded a comparatively lower 7.84% annualized return.
SLANX
- 1D
- -0.17%
- 1M
- 2.40%
- 6M
- -2.13%
- YTD
- 11.97%
- 1Y
- 33.57%
- 3Y*
- 11.09%
- 5Y*
- 8.89%
- 10Y*
- 9.84%
- ALL TIME*
- 9.32%
MXF
- 1D
- 0.51%
- 1M
- 0.65%
- 6M
- 2.30%
- YTD
- 13.45%
- 1Y
- 31.28%
- 3Y*
- 13.79%
- 5Y*
- 12.84%
- 10Y*
- 7.84%
- ALL TIME*
- 10.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $795.22K | $791.98K | $937.15K | |
| $0.00 | $0.00 | $0.00 |
SLANX vs. MXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLANX DWS Latin America Equity Fund Class A | 11.97% | 54.13% | -28.52% | 33.24% | 8.08% | -9.06% | 0.70% | 35.56% | -2.82% | 32.20% |
MXF The Mexico Fund | 13.45% | 61.94% | -27.14% | 35.83% | -1.66% | 18.01% | 3.29% | 11.37% | -12.26% | 15.71% |
Correlation
The correlation between SLANX and MXF is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002 | 0.65 |
The correlation between SLANX and MXF has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.
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Return for Risk
SLANX vs. MXF — Risk / Return Rank
SLANX
MXF
SLANX vs. MXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Latin America Equity Fund Class A (SLANX) and The Mexico Fund (MXF). 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.
| SLANX | MXF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 2.24 | +0.29 |
| Martin ratioReturn relative to average drawdown | 5.96 | 8.06 | -2.10 |
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Drawdowns
SLANX vs. MXF - Drawdown Comparison
The maximum SLANX drawdown since its inception was -70.73%, smaller than the maximum MXF drawdown of -80.25%. Use the drawdown chart below to compare losses from any high point for SLANX and MXF.
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Drawdown Indicators
| SLANX | MXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.73% | -80.25% | +9.52% |
Max Drawdown (1Y)Largest decline over 1 year | -13.70% | -14.03% | +0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -29.63% | -30.73% | +1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -29.92% | -30.73% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -50.91% | -56.02% | +5.11% |
Current DrawdownCurrent decline from peak | -8.12% | -1.47% | -6.65% |
Average DrawdownAverage peak-to-trough decline | -23.20% | -31.42% | +8.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.79% | 3.89% | +1.90% |
Volatility
SLANX vs. MXF - Volatility Comparison
DWS Latin America Equity Fund Class A (SLANX) has a higher volatility of 6.13% compared to The Mexico Fund (MXF) at 4.83%. This indicates that SLANX's price experiences larger fluctuations and is considered to be riskier than MXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLANX | MXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 4.83% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 16.35% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.08% | 20.37% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.17% | 20.81% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.93% | 23.15% | +3.78% |
SLANX vs. MXF - Expense Ratio Comparison
SLANX has a 1.51% expense ratio, which is higher than MXF's 0.02% expense ratio.
Dividends
SLANX vs. MXF - Dividend Comparison
SLANX's dividend yield for the trailing twelve months is around 3.71%, less than MXF's 5.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXF The Mexico Fund | 5.97% | 4.67% | 6.67% | 4.19% | 4.88% | 2.29% | 3.15% | 7.28% | 5.13% | 3.37% | 5.03% | 10.90% |
SLANX DWS Latin America Equity Fund Class A | 3.71% | 4.15% | 5.13% | 3.14% | 7.15% | 14.19% | 0.00% | 0.00% | 0.00% | 4.21% | 1.57% | 0.00% |
Frequently Asked Questions
SLANX and MXF have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLANX has higher volatility (6.13%) compared to MXF (4.83%). In terms of maximum drawdown, SLANX dropped -70.73% vs MXF's -80.25%.
SLANX currently has the higher Sharpe Ratio (1.57 vs 1.54), 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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