Morningstar® Investment Profile™   Morningstar®
Disclosure
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DWS Small Cap Index VIP A
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 583
Small Blend Funds
Morningstar®
Style Box™
What is this?
As of 2022-04-30
Total Fund Assets ($ Mil)
372.07
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to replicate, as closely as possible, before the deduction of expenses, the performance of the Russell 2000® Index, which emphasizes stocks of small U.S. companies.
Under normal circumstances, the fund invests at least 80% of its assets, determined at the time of purchase, in stocks of companies included in the Russell 2000 Index® and in derivative instruments, such as stock index futures contracts and options that provide exposure to the stocks of companies in the index. The fund's securities are weighted to attempt to make the fund's total investment characteristics similar to those of the index as a whole.
  Morningstar Category: Small Blend
Small-blend portfolios favor U.S. firms at the smaller end of the market-capitalization range. Some aim to own an array of value and growth stocks while others employ a discipline that leads to holdings with valuations and growth rates close to the small-cap averages. Stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. 
  Investment Risks
Small Cap Funds: Smaller companies typically have higher risk of failure, and are not as well established as larger blue-chip companies. Historically, the smaller company stocks have experienced a greater degree of market volatility than the overall market average.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 96.7
Bullet Non-U.S. Stocks Non-U.S. Stocks 1.2
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.1
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 37.91
Basic Materials 3.83
Consumer Cyclical 10.02
Financial Services 14.66
Real Estate 9.40
Sensitive 39.36
Communication Services 3.42
Energy 7.08
Industrials 15.38
Technology 13.48
Defensive 22.73
Consumer Defensive 4.33
Healthcare 15.32
Utilities 3.08
Data through 2022-04-30
Holding Status
Total Number of Stock Holdings 2009
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 3.61
Turnover % (as of 2021-12-31) 26.00
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Assets
Ovintiv Inc 17.39 0.54
Avis Budget Group Inc 6.03 0.44
Antero Resources Corp --- 0.40
BJ's Wholesale Club Holdings Inc 17.43 0.35
Chesapeake Energy Corp Ordinary Shares - New --- 0.34
AMC Entertainment Holdings Inc Class A --- 0.32
Tenet Healthcare Corp 7.35 0.31
Southwestern Energy Co --- 0.31
EastGroup Properties Inc --- 0.30
Tetra Tech Inc 28.72 0.30
Data through 2022-04-30
  Principal Risks   
Lending, Credit and Counterparty, Loss of Money, Not FDIC Insured, Nondiversification, Index Correlation/Tracking Error, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Derivatives, Pricing, Management, Passive Management, Small Cap
Show Risk Definitions
  Other Information
Inception Date: 1997-08-22
Portfolio Manager(s)
Brent D. Reeder   (2007-05-01)
Brent Reeder, Senior Vice President at The Northern Trust Company, Chicago, is the Team Leader-Domestic Index in the Quantitative Management Group of Northern Trust Global Investments (NTGI). Before his current role, he was a Portfolio Manager in the Quantitative Management Group of NTGI, responsible for the management of index portfolios. Brent has a broad range of expertise in both large capitalization and small capitalization index mandates. Prior to this, Brent spent five years in trust operations as a team leader of the Foundations and Endowments team. He received a B.A. degree in Economics from DePauw University and an M.B.A. degree in Finance from DePaul University. Brent is an Associated Person with the National Futures Association.
Investment Advisor(s)
DWS Investment Management Americas, Inc.
Issuer
DWS
Subadvisor(s)
Northern Trust Investments Inc
Show Data Definitions

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