AADBX vs. SHXPX

Last updated Aug 1, 2026

AADBX (American Beacon Balanced Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both mutual funds - AADBX is a Diversified Portfolio fund managed by American Beacon, while SHXPX is a Large Cap Value Equities fund managed by American Beacon. Their 0.19 correlation means their historical movements had little consistent relationship. AADBX charges 0.72%/yr vs 1.21%/yr for SHXPX.

Performance

AADBX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Balanced Fund (AADBX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AADBX

• 1D: -0.06%
• 1M: 0.77%
• 6M: 5.01%
• YTD: 6.20%
• 1Y: 14.50%
• 3Y*: 10.82%
• 5Y*: 7.06%
• 10Y*: 8.65%
• ALL TIME*: 7.58%

SHXPX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AADBX American Beacon Balanced Fund	$0.00	$0.00	$0.00

AADBX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
AADBX American Beacon Balanced Fund	1.89%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%

Correlation

The correlation between AADBX and SHXPX is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.19

Return for Risk

AADBX vs. SHXPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AADBX

AADBX Risk / Return Rank: 69
AADBX Sharpe Ratio Rank: 69
AADBX Sortino Ratio Rank: 70
AADBX Omega Ratio Rank: 67
AADBX Calmar Ratio Rank: 74
AADBX Martin Ratio Rank: 66

SHXPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AADBX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Balanced Fund (AADBX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). 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.

	AADBX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.36	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	8.20	—	—

Drawdowns

Drawdown Indicators

	AADBX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-41.05%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.13%	—	—
Current Drawdown Current decline from peak	-0.44%	—	—
Average Drawdown Average peak-to-trough decline	-4.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	—	—

Volatility

Volatility by Period

	AADBX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.23%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.36%	—	—

AADBX vs. SHXPX - Expense Ratio Comparison

AADBX has a 0.72% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

AADBX vs. SHXPX - Dividend Comparison

AADBX's dividend yield for the trailing twelve months is around 8.23%, less than SHXPX's 108.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADBX American Beacon Balanced Fund	8.23%	8.77%	9.66%	2.27%	10.60%	9.34%	13.14%	9.00%	9.67%	7.83%	1.87%	6.84%
SHXPX American Beacon Shapiro Equity Opportunities Fund	108.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AADBX and SHXPX in my portfolio?

AADBX and SHXPX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.