SSLCX vs. SCGSX

Last updated Jun 24, 2026

SSLCX (DWS Small Cap Core Fund) and SCGSX (DWS Capital Growth Fund) are both mutual funds - SSLCX is a Small Cap Blend Equities fund managed by DWS, while SCGSX is a Large Cap Growth Equities fund managed by DWS. Over the past 10 years, SSLCX returned 11.36%/yr vs 16.04%/yr for SCGSX. A 0.78 correlation means they provide meaningful diversification when combined. SSLCX charges 0.95%/yr vs 0.66%/yr for SCGSX.

Performance

SSLCX vs. SCGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Small Cap Core Fund (SSLCX) and DWS Capital Growth Fund (SCGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSLCX achieves a 13.07% return, which is significantly higher than SCGSX's 2.90% return. Over the past 10 years, SSLCX has underperformed SCGSX with an annualized return of 11.36%, while SCGSX has yielded a comparatively higher 16.04% annualized return.

SSLCX

• 1D: -0.40%
• 1M: 2.42%
• YTD: 13.07%
• 6M: 11.53%
• 1Y: 16.31%
• 3Y*: 13.63%
• 5Y*: 6.36%
• 10Y*: 11.36%

SCGSX

• 1D: -1.43%
• 1M: -0.82%
• YTD: 2.90%
• 6M: 1.92%
• 1Y: 12.51%
• 3Y*: 17.85%
• 5Y*: 9.12%
• 10Y*: 16.04%

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

SSLCX vs. SCGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSLCX DWS Small Cap Core Fund	13.07%	4.99%	9.85%	13.09%	-13.53%	41.16%	14.65%	21.72%	-14.28%	11.63%
SCGSX DWS Capital Growth Fund	2.90%	12.34%	26.27%	38.61%	-30.88%	22.41%	38.60%	36.98%	-1.96%	26.27%

Correlation

The correlation between SSLCX and SCGSX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.78

Over the past year, the correlation between SSLCX and SCGSX has dropped to 0.52 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

SSLCX vs. SCGSX — Risk / Return Rank

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

SSLCX

SSLCX Risk / Return Rank: 25
SSLCX Sharpe Ratio Rank: 21
SSLCX Sortino Ratio Rank: 20
SSLCX Omega Ratio Rank: 20
SSLCX Calmar Ratio Rank: 33
SSLCX Martin Ratio Rank: 30

SCGSX

SCGSX Risk / Return Rank: 10
SCGSX Sharpe Ratio Rank: 11
SCGSX Sortino Ratio Rank: 11
SCGSX Omega Ratio Rank: 11
SCGSX Calmar Ratio Rank: 8
SCGSX Martin Ratio Rank: 9

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.

SSLCX vs. SCGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Small Cap Core Fund (SSLCX) and DWS Capital Growth Fund (SCGSX). 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.

	SSLCX	SCGSX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	0.81	+0.40
Sortino ratio: Return per unit of downside risk	1.74	1.20	+0.55
Omega ratio: Gain probability vs. loss probability	1.22	1.15	+0.06
Calmar ratio: Return relative to maximum drawdown	2.05	0.76	+1.29
Martin ratio: Return relative to average drawdown	6.42	2.41	+4.01

SSLCX vs. SCGSX - Sharpe Ratio Comparison

The current SSLCX Sharpe Ratio is 1.21, which is higher than the SCGSX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of SSLCX and SCGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSLCX vs. SCGSX - Drawdown Comparison

The maximum SSLCX drawdown since its inception was -63.14%, which is greater than SCGSX's maximum drawdown of -50.63%. Use the drawdown chart below to compare losses from any high point for SSLCX and SCGSX.

Drawdown Indicators

	SSLCX	SCGSX	Difference
Max Drawdown Largest peak-to-trough decline	-63.14%	-50.63%	-12.51%
Max Drawdown (1Y) Largest decline over 1 year	-8.78%	-18.09%	+9.31%
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	-21.75%	+4.41%
Max Drawdown (5Y) Largest decline over 5 years	-22.57%	-35.81%	+13.24%
Max Drawdown (10Y) Largest decline over 10 years	-48.07%	-35.81%	-12.26%
Current Drawdown Current decline from peak	-0.94%	-4.64%	+3.70%
Average Drawdown Average peak-to-trough decline	-11.29%	-12.78%	+1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	5.67%	-2.88%

Volatility

SSLCX vs. SCGSX - Volatility Comparison

The current volatility for DWS Small Cap Core Fund (SSLCX) is 5.25%, while DWS Capital Growth Fund (SCGSX) has a volatility of 7.29%. This indicates that SSLCX experiences smaller price fluctuations and is considered to be less risky than SCGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSLCX	SCGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	7.29%	-2.04%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	13.82%	-3.04%
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	16.88%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	21.00%	-3.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.07%	20.59%	+0.48%

SSLCX vs. SCGSX - Expense Ratio Comparison

SSLCX has a 0.95% expense ratio, which is higher than SCGSX's 0.66% expense ratio.

Dividends

SSLCX vs. SCGSX - Dividend Comparison

SSLCX's dividend yield for the trailing twelve months is around 1.07%, less than SCGSX's 7.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCGSX DWS Capital Growth Fund	7.41%	7.62%	9.06%	7.18%	7.81%	6.64%	5.59%	5.98%	17.00%	9.08%	8.49%	11.02%
SSLCX DWS Small Cap Core Fund	1.07%	1.21%	1.52%	0.68%	1.07%	1.67%	0.35%	0.16%	5.99%	5.78%	0.60%	8.42%

Frequently Asked Questions

Can I hold both SSLCX and SCGSX in my portfolio?

SSLCX and SCGSX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSLCX or SCGSX?

SCGSX has higher volatility (7.29%) compared to SSLCX (5.25%). In terms of maximum drawdown, SSLCX dropped -63.14% vs SCGSX's -50.63%.

Which has better risk-adjusted returns?

SSLCX currently has the higher Sharpe Ratio (1.21 vs 0.81), 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.