SLANX vs. OTGAX

Last updated Jun 3, 2026

SLANX (DWS Latin America Equity Fund Class A) and OTGAX (OTG Latin America Fund) are both Latin America Equities funds. Their correlation of 0.83 suggests significant overlap in exposure. SLANX charges 1.51%/yr vs 2.22%/yr for OTGAX.

Performance

SLANX vs. OTGAX - Performance Comparison

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

Returns By Period

SLANX

• 1D: -0.43%
• 1M: -4.72%
• YTD: 10.65%
• 6M: 9.53%
• 1Y: 31.96%
• 3Y*: 13.22%
• 5Y*: 7.55%
• 10Y*: 11.60%

OTGAX

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

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

SLANX vs. OTGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SLANX DWS Latin America Equity Fund Class A	10.65%	54.13%	-28.52%	33.24%	8.08%	-9.06%	0.70%	25.29%
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 SLANX and OTGAX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 16, 2019	0.83

Over the past year, the correlation between SLANX and OTGAX has dropped to 0.24 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

SLANX vs. OTGAX — Risk / Return Rank

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

SLANX

SLANX Risk / Return Rank: 32
SLANX Sharpe Ratio Rank: 29
SLANX Sortino Ratio Rank: 26
SLANX Omega Ratio Rank: 30
SLANX Calmar Ratio Rank: 41
SLANX Martin Ratio Rank: 33

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.

SLANX vs. OTGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Latin America Equity Fund Class A (SLANX) 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.

	SLANX	OTGAX	Difference
Sharpe ratio Return per unit of total volatility	1.58	—	—
Sortino ratio Return per unit of downside risk	2.17	—	—
Omega ratio Gain probability vs. loss probability	1.29	—	—
Calmar ratio Return relative to maximum drawdown	2.45	—	—
Martin ratio Return relative to average drawdown	7.58	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SLANX	OTGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Drawdowns

Drawdown Indicators

	SLANX	OTGAX	Difference
Max Drawdown Largest peak-to-trough decline	-70.73%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.91%	—	—
Current Drawdown Current decline from peak	-9.20%	—	—
Average Drawdown Average peak-to-trough decline	-23.30%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	—	—

Volatility

Volatility by Period

	SLANX	OTGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.15%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.98%	—	—

SLANX vs. OTGAX - Expense Ratio Comparison

SLANX has a 1.51% expense ratio, which is lower than OTGAX's 2.22% expense ratio.

Dividends

SLANX vs. OTGAX - Dividend Comparison

SLANX's dividend yield for the trailing twelve months is around 3.75%, more than OTGAX's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
OTGAX OTG Latin America Fund	0.49%	0.49%	1.73%	2.20%	5.59%	5.94%	0.73%	1.38%	0.00%	0.00%	0.00%
SLANX DWS Latin America Equity Fund Class A	3.75%	4.15%	5.13%	3.14%	7.15%	14.19%	0.00%	0.00%	0.00%	4.21%	1.57%

Frequently Asked Questions

Can I hold both SLANX and OTGAX in my portfolio?

SLANX and OTGAX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.