Dws Communications Correlations

COMSX Fund

27.22 0.39 1.45%

The current 90-days correlation between Dws Communications and Dunham Real Estate is -0.08 (i.e., Good diversification). The correlation of Dws Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dws Communications Correlation With Market

Excellent diversification

The correlation between Dws Communications and DJI is -0.57 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dws Communications and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dws Communications. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Dws Mutual Fund

0.88

KTCAX

Deutsche Science And

Pair Corr

Moving against Dws Mutual Fund

0.89	SRMCX	Deutsche Short Term	Pair Corr
0.89	SCINX	Deutsche Croci Inter	Pair Corr
0.87	SRMAX	Deutsche Short Term	Pair Corr
0.87	SCEMX	Deutsche Enhanced	Pair Corr
0.86	SRMSX	Deutsche Short Term	Pair Corr
0.85	KCTAX	Deutsche California Tax	Pair Corr
0.84	KCTCX	Deutsche California Tax	Pair Corr
0.82	NOTIX	Deutsche Strategic High	Pair Corr
0.81	NOTCX	Deutsche Strategic High	Pair Corr
0.81	NOTAX	Deutsche Strategic High	Pair Corr
0.8	GCGGX	Deutsche Gnma	Pair Corr
0.74	KDHSX	Deutsche Croci Equity	Pair Corr
0.74	KDHAX	Deutsche Croci Equity	Pair Corr
0.73	KDHCX	Deutsche Croci Equity	Pair Corr
0.73	KDHIX	Deutsche Croci Equity	Pair Corr
0.69	KTRIX	Deutsche Global Income	Pair Corr
0.69	KTRSX	Deutsche Global Income	Pair Corr
0.69	KTRZX	Deutsche Global Income	Pair Corr
0.68	KTRCX	Deutsche Global Income	Pair Corr
0.67	KTRAX	Deutsche Global Income	Pair Corr
0.67	SSLCX	Deutsche Small Cap	Pair Corr
0.59	SSDZX	Deutsche Small Cap	Pair Corr
0.59	SSDAX	Deutsche Small Cap	Pair Corr
0.59	SSDIX	Deutsche Small Cap	Pair Corr
0.59	SSDSX	Deutsche Small Cap	Pair Corr
0.57	SSDCX	Deutsche Small Cap	Pair Corr
0.39	SCDGX	Deutsche E Equity	Pair Corr
0.89	SCMTX	Deutsche Intermediate	Pair Corr
0.89	SUIAX	Deutsche Croci Inter	Pair Corr
0.89	SUICX	Deutsche Croci Inter	Pair Corr
0.89	SUIIX	Deutsche Croci Inter	Pair Corr
0.89	SUIRX	Deutsche Croci Inter	Pair Corr
0.87	SCMAX	Deutsche Massachusetts	Pair Corr
0.86	SDCSX	Deutsche California Tax	Pair Corr
0.84	SCMBX	Deutsche Managed Mun	Pair Corr
0.83	GGGGX	Deutsche Gnma	Pair Corr

Related Correlations Analysis

	NRCFX	DAREX	IVRSX	MRESX	FIKMX	FRRSX	DCREX
NRCFX		0.99	0.97	0.98	0.98	0.93	0.98	NRCFX
DAREX	0.99		0.98	0.98	0.96	0.89	0.99	DAREX
IVRSX	0.97	0.98		1.0	0.97	0.87	0.99	IVRSX
MRESX	0.98	0.98	1.0		0.98	0.88	0.99	MRESX
FIKMX	0.98	0.96	0.97	0.98		0.94	0.98	FIKMX
FRRSX	0.93	0.89	0.87	0.88	0.94		0.89	FRRSX
DCREX	0.98	0.99	0.99	0.99	0.98	0.89		DCREX
	NRCFX	DAREX	IVRSX	MRESX	FIKMX	FRRSX	DCREX

Risk-Adjusted Indicators

There is a big difference between Dws Mutual Fund performing well and Dws Communications Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dws Communications' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NRCFX	0.47	0.12	0.10	(0.62)	0.54	(0.50)	1.06	(1.08)	2.73
DAREX	0.46	0.11	0.12	(0.92)	0.41	(0.52)	1.20	(0.96)	2.67
IVRSX	0.52	0.10	0.09	0.49	0.58	(0.53)	1.37	(1.36)	3.13
MRESX	0.56	0.11	0.09	0.51	0.70	(0.59)	1.47	(1.20)	3.42
FIKMX	0.17	0.04	0.02	0.66	0.00	(0.20)	0.33	(0.33)	0.97
FRRSX	0.61	0.20	0.20	(1.05)	0.47	(0.67)	1.44	(1.23)	8.31
DCREX	0.45	0.09	0.09	0.46	0.43	(0.52)	1.18	(0.99)	2.72

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC