DEUTSCHE MULTI-ASSET Competition

PLSCX Fund

USD 7.73 -0.10 -1.28%

The fund is listed under the Allocation--50% to 70% Equity category and is part of the DWS family. Within this framework, Deutsche Multi Asset Moderate is compared with DODGE COX, LEUTHOLD GLOBAL, BLUE CURRENT, AB GLOBAL, and VICTORY RS, along with other selected peers. DEUTSCHE MULTI-ASSET's dividend payout versus peers highlights whether the yield is sustainable or stretched.

Pair Correlation for DEUTSCHE MULTI-ASSET and Morgan Stanley Snapshot

Weak diversification

For the present investment horizon, the measured correlation between DEUTSCHE MULTI-ASSET and Morgan Stanley stands at 0.59, or Weak diversification. This chart helps evaluate whether adding Morgan Stanley genuinely reduces risk relative to holding DEUTSCHE MULTI-ASSET alone.

Moving together with DEUTSCHE Mutual Fund

0.89	ABALX	American Balanced	Pair Corr
0.9	BALCX	American Balanced	Pair Corr
0.99	BALFX	American Balanced	Pair Corr
0.99	FBONX	American Funds American	Pair Corr
0.99	FBAFX	American Funds American	Pair Corr

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Experienced investors tracking DEUTSCHE MULTI-ASSET's watch for mean reversion setups where price has deviated from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in DEUTSCHE MULTI-ASSET. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in DEUTSCHE MULTI-ASSET. The mean reversion signal is most useful when combined with fundamental confirmation for DEUTSCHE MULTI-ASSET's.

Hype

Prediction

Low	Estimated	High
7.14	7.73	8.32

Details

Intrinsic

Valuation

Low	Real	High
7.20	7.79	8.38

Details

Peer comparison enriches DEUTSCHE MULTI-ASSET analysis by revealing how the company ranks against competitors. DEUTSCHE MULTI-ASSET's multiples must be compared to direct competitors to determine genuine value. Superior peer-relative performance is one of the strongest justifications for DEUTSCHE MULTI-ASSET's valuation premium. Cross-company comparison is essential to validate or challenge any investment thesis on Deutsche Multi Asset.

DEUTSCHE MULTI-ASSET Competition Correlation Matrix

Reviewing how Deutsche Multi Asset Moderate moves relative to competing funds can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. The useful question is whether competitors are behaving like true alternatives or simply tracking the same sector move with different volatility.

	DODWX	GLBLX	BCGDX	QLMYIX	CABIX	RGGCX	MGKAX
DODWX		0.57	0.92	0.88	0.87	0.97	0.56	DODWX
GLBLX	0.57		0.75	0.78	0.71	0.54	-0.22	GLBLX
BCGDX	0.92	0.75		0.95	0.93	0.92	0.36	BCGDX
QLMYIX	0.88	0.78	0.95		0.93	0.87	0.29	QLMYIX
CABIX	0.87	0.71	0.93	0.93		0.88	0.37	CABIX
RGGCX	0.97	0.54	0.92	0.87	0.88		0.56	RGGCX
MGKAX	0.56	-0.22	0.36	0.29	0.37	0.56		MGKAX
	DODWX	GLBLX	BCGDX	QLMYIX	CABIX	RGGCX	MGKAX

High positive correlations

RGGCX	+ 0.97	DODWX
QLMYIX	+ 0.95	BCGDX
CABIX	+ 0.93	BCGDX
CABIX	+ 0.93	QLMYIX
BCGDX	+ 0.92	DODWX
RGGCX	+ 0.92	BCGDX

High negative correlations

MGKAX

- 0.22

GLBLX

Risk-Adjusted Indicators

DEUTSCHE MULTI-ASSET Mutual Fund can look attractive on recent price action while risk efficiency lags the peer group. Reviewing DEUTSCHE MULTI-ASSET's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DODWX	0.63	0.03	0.00	-0.06	0.00	0.00	1.19	-1.48	3.83
GLBLX	0.52	0.13	0.23	0.13	0.67	-0.53	1.04	-1.23	3.42
BCGDX	0.62	0.02	0.00	-0.08	0.00	0.00	1.03	-1.57	3.99
QLMYIX	0.13	-0.01	0.00	-0.22	0.00	0.00	0.16	-0.32	0.81
CABIX	0.47	0.02	0.00	-0.07	0.00	0.00	0.83	-1.17	2.83
RGGCX	0.71	0.01	0.00	-0.10	0.00	0.00	1.08	-1.75	4.16
MGKAX	1.00	0.00	0.00	-0.11	0.00	0.00	2.04	-2.22	6.27

DEUTSCHE MULTI-ASSET Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	PLSCX	DODWX	GLBLX	BCGDX	QLMYIX	CABIX	RGGCX	MGKAX
	1.28 7.73 DEUTSCHE	1.40 15.49 DODGE	1.32 9.72 LEUTHOLD	0.84 18.83 BLUE	0.49 6.15 Legg	1.27 15.54 CABIX	1.29 25.97 VICTORY	1.84 11.19 Morgan
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Low
Market Performance (90 Days Performance)	Weak	Weak	Moderate	Weak	Weak	Weak	Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Fair	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Buy	Strong Hold	Cautious Hold	Hold	Strong Hold	Strong Hold
Net Asset	22.54 M	12.91 B	25.61 M	102.05 M	N/A	245.76 M	37.06 M	5 M
Minimum Initial Investment	N/A	2.5 K	10 K	100 K	N/A	2 M	N/A	N/A
Price To Book	2.21 X	1.56 X	1.47 X	2.46 X	N/A	1.93 X	2.38 X	N/A
Five Year Return	4.67 %	9.97 %	6.42 %	12.02 %	N/A	5.02 %	10.17 %	8.50 %
One Year Return	11.10 %	14.45 %	19.35 %	20.33 %	N/A	11.73 %	17.94 %	13.99 %
Last Dividend Paid	N/A	N/A	N/A	0.07	N/A	0.6	N/A	0.04
Price To Earning	18.31 X	16.11 X	11.60 X	18.31 X	N/A	17.70 X	17.65 X	N/A
Price To Sales	1.57 X	1.34 X	0.62 X	1.70 X	N/A	1.18 X	2.05 X	N/A
Cash Position Weight	15.33 %	1.57 %	23.37 %	3.94 %	N/A	8.40 %	1.98 %	1.95 %
Equity Positions Weight	54.10 %	98.44 %	58.73 %	96.06 %	N/A	38.19 %	98.02 %	96.98 %
Three Year Return	9.86 %	16.19 %	10.93 %	19.07 %	N/A	8.60 %	17.63 %	14.27 %
Annual Yield	0.02 %	0.02 %	0.02 %	0.01 %	N/A	0.05 %	0.0022 %	0.01 %
Year To Date Return	1.39 %	1.33 %	5.95 %	0.36 %	N/A	2.10 %	0.33 %	0.08 %
Bond Positions Weight	6.61 %	N/A	13.63 %	N/A	N/A	53.36 %	N/A	N/A
Ten Year Return	5.71 %	7.60 %	4.43 %	N/A	N/A	5.73 %	N/A	N/A
Day Typical Price	7.73	15.49	9.72	18.83	6.15	15.54	25.97	11.19
Period Momentum Indicator	-0.10	-0.22	-0.13	-0.16	-0.03	-0.20	-0.34	-0.21
Rate Of Daily Change	0.99	0.99	0.99	0.99	1.0	0.99	0.99	0.98
Day Median Price	7.73	15.49	9.72	18.83	6.15	15.54	25.97	11.19
Price Action Indicator	-0.05	-0.11	-0.07	-0.08	-0.01	-0.10	-0.17	-0.11
Relative Strength Index	38.42	40.09	49.62	37.28	33.81	38.96	37.87	40.84
Coefficient Of Variation	-1,411	-2,288	847.31	-1,759	-1,357	-2,672	-1,252	-1,322
Mean Deviation	0.4352	0.6318	0.5217	0.6215	0.1313	0.4693	0.7085	0.9981
Jensen Alpha	0.0035	0.0327	0.1295	0.0199	-0.01	0.0162	0.0093	-0.0028
Total Risk Alpha	0.0242	0.06	0.1587	0.0482	-0.0003	0.0461	0.0347	0.0592
Sortino Ratio	N/A	N/A	0.2311	N/A	N/A	N/A	N/A	N/A
Downside Variance	N/A	N/A	0.6099	N/A	N/A	N/A	N/A	N/A
Standard Deviation	0.5859	0.8186	0.6822	0.8046	0.1751	0.6112	0.9055	1.29
Kurtosis	0.5527	0.2703	0.424	0.3222	0.7744	0.1686	-0.08	0.0471
Potential Upside	0.8827	1.19	1.04	1.03	0.1613	0.8259	1.08	2.04
Treynor Ratio	-0.10	-0.06	0.1315	-0.08	-0.22	-0.07	-0.1	-0.11
Maximum Drawdown	3.03	3.83	3.42	3.99	0.8062	2.83	4.16	6.27
Variance	0.3433	0.6701	0.4654	0.6473	0.0307	0.3736	0.82	1.67
Market Risk Adjusted Performance	-0.09	-0.05	0.1415	-0.07	-0.21	-0.06	-0.09	-0.10
Risk Adjusted Performance	-0.06	-0.04	0.098	-0.05	-0.10	-0.04	-0.07	-0.06
Skewness	-0.50	-0.63	-0.44	-0.28	-0.70	-0.66	-0.25	-0.11
Semi Deviation	N/A	N/A	0.6731	N/A	N/A	N/A	N/A	N/A
Information Ratio	0.0997	0.0784	0.2645	0.0674	0.4971	0.1261	0.0305	0.0018
Value At Risk	-1.25	-1.48	-1.23	-1.57	-0.32	-1.17	-1.75	-2.22
Expected Short fall	N/A	N/A	-0.53	N/A	N/A	N/A	N/A	N/A
Downside Deviation	N/A	N/A	0.781	N/A	N/A	N/A	N/A	N/A
Semi Variance	N/A	N/A	0.453	N/A	N/A	N/A	N/A	N/A

DEUTSCHE MULTI-ASSET Competition Peer Performance Charts

How to Analyze DEUTSCHE MULTI-ASSET Against Peers

DEUTSCHE MULTI-ASSET's peer analysis compares DEUTSCHE MULTI-ASSET with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether DEUTSCHE MULTI-ASSET trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where DEUTSCHE MULTI-ASSET leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

DEUTSCHE MULTI-ASSET's capital allocation track record stands out when measured by cumulative returns on acquisitions versus peers. Institutional ownership changes across DEUTSCHE MULTI-ASSET's peer set can reflect shifts in professional positioning. Peer benchmarking can improve context for valuation without relying only on standalone multiples.

The analytics block for Deutsche Multi Asset Moderate relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board

Last reviewed on March 5th, 2026

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