C000017232 Performance — DWS Small Mid Cap Value VIP, Class B
Data updated: 2026-08-27
C000017232 returned +22.92% year to date and +42.86% over one year to Jun 2026. Annualised returns are +18.21% over 3 years and +9.02% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $165, against $148 for the category, and to $143 over one year, against $120. Volatility over the past three years was 18.11% a year. In the 12 months to Jun 2026 the fund lost a net $7.6M, and assets reached $96.35M.
C000017232 Growth of $100
What $100 invested in DWS Small Mid Cap Value VIP grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | C000017232 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $143 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $165 | $148 |
| 5 years (Jul 2021 – Jun 2026) | $154 | $154 |
| Since data start (Jul 2019 – Jun 2026) | $202 | $212 |
C000017232 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +22.92% |
| 1 year | +42.86% |
| 3 years (annualised) | +18.21% |
| 5 years (annualised) | +9.02% |
C000017232 Annual Returns
Calendar-year total returns of DWS Small Mid Cap Value VIP, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +22.92% |
| 2025 | +17.85% |
| 2024 | +5.79% |
| 2023 | +14.59% |
| 2022 | −16.14% |
| 2021 | +30.03% |
| 2020 | −1.10% |
| 2019 (Jul–Dec) | +6.46% |
C000017232 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.3% | +1.9% | −4.0% | +11.5% | +3.5% | +2.6% | — | — | — | — | — | — |
| 2025 | +3.3% | −2.5% | −6.1% | −2.8% | +5.0% | +5.1% | +2.8% | +6.3% | +2.0% | −0.1% | +3.7% | +0.6% |
| 2024 | −3.1% | +4.2% | +5.5% | −6.6% | +4.5% | −2.7% | +9.1% | −2.6% | −0.1% | −2.7% | +9.2% | −7.2% |
| 2023 | +10.0% | −2.1% | −4.5% | −1.8% | −3.1% | +8.7% | +5.6% | −4.3% | −5.9% | −5.2% | +8.6% | +10.3% |
| 2022 | −6.2% | +1.3% | +1.0% | −7.1% | +1.7% | −10.9% | +9.4% | −2.9% | −10.6% | +10.7% | +3.5% | −4.7% |
| 2021 | +1.4% | +8.2% | +5.5% | +5.4% | +3.1% | −1.1% | −1.0% | +1.6% | −2.8% | +4.2% | −2.5% | +5.2% |
| 2020 | −2.6% | −11.3% | −23.9% | +13.0% | +2.9% | +0.9% | +4.0% | +2.6% | −4.2% | +1.7% | +15.3% | +7.0% |
| 2019 | — | — | — | — | — | — | +1.5% | −6.9% | +4.6% | +1.0% | +2.5% | +4.0% |
C000017232 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.11%
- 3-year Sharpe ratio: 0.76 (vs 4.5% risk-free rate)
- Best month: +11.45% (Apr 2026)
- Worst month: −7.25% (Dec 2024)
C000017232 Fund Flows
Monthly money in and out of DWS Small Mid Cap Value VIP, from SEC Form N-PORT.
- 12-month net flow: −$7.6M
- 12-month gross sales (incl. reinvestments): $8.8M
- Sales ÷ redemptions: 0.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $658K | $1.3M | −$682K |
| May 2026 | $202K | $1.3M | −$1.1M |
| Apr 2026 | $4.0M | $985K | $3.1M |
| Mar 2026 | $387K | $1.4M | −$999K |
| Feb 2026 | $547K | $2.4M | −$1.8M |
| Jan 2026 | $1.1M | $1.6M | −$507K |
| Dec 2025 | $203K | $1.3M | −$1.1M |
| Nov 2025 | $223K | $1.2M | −$993K |
| Oct 2025 | $220K | $1.5M | −$1.3M |
| Sep 2025 | $215K | $1.3M | −$1.1M |
| Aug 2025 | $471K | $1.3M | −$866K |
| Jul 2025 | $587K | $770K | −$183K |
C000017232 Assets Under Management
Net assets of DWS Small Mid Cap Value VIP by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $96.35M |
| 2026-03-31 | $83.26M |
| 2025-12-31 | $83.21M |
| 2025-09-30 | $83.11M |
| 2025-06-30 | $76.49M |
| 2025-03-31 | $72.76M |
| 2024-12-31 | $79.48M |
| 2024-09-30 | $83.65M |
| 2024-06-30 | $80.99M |
| 2024-03-31 | $87.15M |
| 2023-12-31 | $83.77M |
| 2023-09-30 | $74.94M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.