TOLIX vs. DHIVX

Last updated Jul 17, 2026

TOLIX (DWS RREEF Global Infrastructure Fund) and DHIVX (Centre Global Infrastructure Fund) are both Energy Equities funds. Over the past 5 years, TOLIX returned 6.36%/yr vs 9.33%/yr for DHIVX. Their correlation of 0.85 suggests significant overlap in exposure. TOLIX charges 1.03%/yr vs 1.57%/yr for DHIVX.

Performance

TOLIX vs. DHIVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS RREEF Global Infrastructure Fund (TOLIX) and Centre Global Infrastructure Fund (DHIVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TOLIX having a 10.25% return and DHIVX slightly higher at 10.52%.

TOLIX

• 1D: -0.48%
• 1M: 0.06%
• 6M: 9.89%
• YTD: 10.25%
• 1Y: 13.33%
• 3Y*: 11.65%
• 5Y*: 6.36%
• 10Y*: 6.33%

DHIVX

• 1D: -0.41%
• 1M: -0.38%
• 6M: 10.86%
• YTD: 10.52%
• 1Y: 15.83%
• 3Y*: 16.84%
• 5Y*: 9.33%
• 10Y*: —

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

TOLIX vs. DHIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TOLIX DWS RREEF Global Infrastructure Fund	10.25%	12.73%	11.98%	1.93%	-9.26%	20.37%	-1.90%	29.21%	-4.56%
DHIVX Centre Global Infrastructure Fund	10.52%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%	-4.07%

Correlation

The correlation between TOLIX and DHIVX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 27, 2018	0.85

The correlation between TOLIX and DHIVX has been stable across timeframes, ranging from 0.80 to 0.87 - a consistent structural relationship.

Return for Risk

TOLIX vs. DHIVX — Risk / Return Rank

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

TOLIX

TOLIX Risk / Return Rank: 33
TOLIX Sharpe Ratio Rank: 29
TOLIX Sortino Ratio Rank: 28
TOLIX Omega Ratio Rank: 27
TOLIX Calmar Ratio Rank: 52
TOLIX Martin Ratio Rank: 28

DHIVX

DHIVX Risk / Return Rank: 47
DHIVX Sharpe Ratio Rank: 48
DHIVX Sortino Ratio Rank: 54
DHIVX Omega Ratio Rank: 46
DHIVX Calmar Ratio Rank: 53
DHIVX Martin Ratio Rank: 35

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.

TOLIX vs. DHIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS RREEF Global Infrastructure Fund (TOLIX) and Centre Global Infrastructure Fund (DHIVX). 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.

	TOLIX	DHIVX	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.57	-0.33
Sortino ratio: Return per unit of downside risk	1.78	2.36	-0.58
Omega ratio: Gain probability vs. loss probability	1.22	1.28	-0.07
Calmar ratio: Return relative to maximum drawdown	2.30	2.30	+0.01
Martin ratio: Return relative to average drawdown	5.34	6.24	-0.91

TOLIX vs. DHIVX - Sharpe Ratio Comparison

The current TOLIX Sharpe Ratio is 1.24, which is comparable to the DHIVX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of TOLIX and DHIVX, 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

TOLIX vs. DHIVX - Drawdown Comparison

The maximum TOLIX drawdown since its inception was -42.68%, which is greater than DHIVX's maximum drawdown of -36.18%. Use the drawdown chart below to compare losses from any high point for TOLIX and DHIVX.

Drawdown Indicators

	TOLIX	DHIVX	Difference
Max Drawdown Largest peak-to-trough decline	-42.68%	-36.18%	-6.50%
Max Drawdown (1Y) Largest decline over 1 year	-6.05%	-6.93%	+0.88%
Max Drawdown (3Y) Largest decline over 3 years	-14.51%	-9.83%	-4.68%
Max Drawdown (5Y) Largest decline over 5 years	-25.01%	-20.41%	-4.60%
Max Drawdown (10Y) Largest decline over 10 years	-35.19%	—	—
Current Drawdown Current decline from peak	-3.59%	-3.99%	+0.40%
Average Drawdown Average peak-to-trough decline	-7.10%	-5.57%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.54%	+0.06%

Volatility

TOLIX vs. DHIVX - Volatility Comparison

DWS RREEF Global Infrastructure Fund (TOLIX) and Centre Global Infrastructure Fund (DHIVX) have volatilities of 3.80% and 3.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOLIX	DHIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	3.63%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	9.22%	8.37%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	11.24%	10.16%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.22%	12.42%	+1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	14.65%	+1.23%

TOLIX vs. DHIVX - Expense Ratio Comparison

TOLIX has a 1.03% expense ratio, which is lower than DHIVX's 1.57% expense ratio.

Dividends

TOLIX vs. DHIVX - Dividend Comparison

TOLIX's dividend yield for the trailing twelve months is around 11.87%, more than DHIVX's 3.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHIVX Centre Global Infrastructure Fund	3.41%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%	0.00%	0.00%	0.00%
TOLIX DWS RREEF Global Infrastructure Fund	11.87%	10.99%	9.47%	2.67%	8.92%	6.06%	1.68%	2.00%	2.57%	2.10%	1.34%	1.86%

Frequently Asked Questions

Can I hold both TOLIX and DHIVX in my portfolio?

TOLIX and DHIVX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOLIX or DHIVX?

TOLIX has higher volatility (3.80%) compared to DHIVX (3.63%). In terms of maximum drawdown, TOLIX dropped -42.68% vs DHIVX's -36.18%.

Which has better risk-adjusted returns?

DHIVX currently has the higher Sharpe Ratio (1.57 vs 1.24), 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.