AADBX vs. STSGX

Last updated Jul 17, 2026

AADBX (American Beacon Balanced Fund) and STSGX (American Beacon Stephens Small Cap Growth Fund) are both mutual funds - AADBX is a Diversified Portfolio fund managed by American Beacon, while STSGX is a Small Cap Growth Equities fund managed by American Beacon. Over the past 10 years, AADBX returned 8.56%/yr vs 11.87%/yr for STSGX. A 0.78 correlation means they provide meaningful diversification when combined. AADBX charges 0.72%/yr vs 1.30%/yr for STSGX.

Performance

AADBX vs. STSGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Balanced Fund (AADBX) and American Beacon Stephens Small Cap Growth Fund (STSGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AADBX achieves a 5.19% return, which is significantly lower than STSGX's 14.11% return. Over the past 10 years, AADBX has underperformed STSGX with an annualized return of 8.56%, while STSGX has yielded a comparatively higher 11.87% annualized return.

AADBX

• 1D: 0.06%
• 1M: -0.62%
• 6M: 3.32%
• YTD: 5.19%
• 1Y: 12.81%
• 3Y*: 11.26%
• 5Y*: 7.08%
• 10Y*: 8.56%

STSGX

• 1D: -0.43%
• 1M: 1.18%
• 6M: 5.69%
• YTD: 14.11%
• 1Y: 23.72%
• 3Y*: 15.98%
• 5Y*: 6.29%
• 10Y*: 11.87%

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

AADBX vs. STSGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AADBX American Beacon Balanced Fund	5.19%	11.65%	10.54%	12.35%	-7.55%	16.73%	6.30%	22.57%	-8.11%	12.54%
STSGX American Beacon Stephens Small Cap Growth Fund	14.11%	11.67%	15.45%	19.21%	-28.91%	14.26%	37.45%	22.54%	1.72%	19.23%

Correlation

The correlation between AADBX and STSGX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Dec 2, 2005	0.78

The correlation between AADBX and STSGX has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.

Return for Risk

AADBX vs. STSGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AADBX

AADBX Risk / Return Rank: 53
AADBX Sharpe Ratio Rank: 52
AADBX Sortino Ratio Rank: 56
AADBX Omega Ratio Rank: 51
AADBX Calmar Ratio Rank: 59
AADBX Martin Ratio Rank: 50

STSGX

STSGX Risk / Return Rank: 32
STSGX Sharpe Ratio Rank: 29
STSGX Sortino Ratio Rank: 30
STSGX Omega Ratio Rank: 26
STSGX Calmar Ratio Rank: 39
STSGX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AADBX vs. STSGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Balanced Fund (AADBX) and American Beacon Stephens Small Cap Growth Fund (STSGX). 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	STSGX	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.26	+0.36
Sortino ratio: Return per unit of downside risk	2.39	1.85	+0.54
Omega ratio: Gain probability vs. loss probability	1.30	1.22	+0.08
Calmar ratio: Return relative to maximum drawdown	2.41	2.00	+0.41
Martin ratio: Return relative to average drawdown	8.21	7.01	+1.20

AADBX vs. STSGX - Sharpe Ratio Comparison

The current AADBX Sharpe Ratio is 1.62, which is comparable to the STSGX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of AADBX and STSGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AADBX vs. STSGX - Drawdown Comparison

The maximum AADBX drawdown since its inception was -41.05%, smaller than the maximum STSGX drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for AADBX and STSGX.

Drawdown Indicators

	AADBX	STSGX	Difference
Max Drawdown Largest peak-to-trough decline	-41.05%	-56.50%	+15.45%
Max Drawdown (1Y) Largest decline over 1 year	-5.50%	-12.89%	+7.39%
Max Drawdown (3Y) Largest decline over 3 years	-12.70%	-24.81%	+12.11%
Max Drawdown (5Y) Largest decline over 5 years	-17.79%	-37.43%	+19.64%
Max Drawdown (10Y) Largest decline over 10 years	-28.13%	-37.66%	+9.53%
Current Drawdown Current decline from peak	-1.12%	-3.44%	+2.32%
Average Drawdown Average peak-to-trough decline	-4.73%	-11.67%	+6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	3.67%	-2.06%

Volatility

AADBX vs. STSGX - Volatility Comparison

The current volatility for American Beacon Balanced Fund (AADBX) is 1.80%, while American Beacon Stephens Small Cap Growth Fund (STSGX) has a volatility of 5.27%. This indicates that AADBX experiences smaller price fluctuations and is considered to be less risky than STSGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AADBX	STSGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.80%	5.27%	-3.47%
Volatility (6M) Calculated over the trailing 6-month period	6.03%	15.22%	-9.19%
Volatility (1Y) Calculated over the trailing 1-year period	8.22%	20.50%	-12.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.57%	23.09%	-11.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.35%	22.78%	-10.43%

AADBX vs. STSGX - Expense Ratio Comparison

AADBX has a 0.72% expense ratio, which is lower than STSGX's 1.30% expense ratio.

Dividends

AADBX vs. STSGX - Dividend Comparison

AADBX's dividend yield for the trailing twelve months is around 8.31%, less than STSGX's 10.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADBX American Beacon Balanced Fund	8.31%	8.77%	9.66%	2.27%	10.60%	9.34%	13.14%	9.00%	9.67%	7.83%	1.87%	6.84%
STSGX American Beacon Stephens Small Cap Growth Fund	10.10%	11.53%	8.27%	1.52%	15.04%	23.70%	11.41%	11.76%	45.22%	3.68%	0.88%	5.01%

Frequently Asked Questions

Can I hold both AADBX and STSGX in my portfolio?

AADBX and STSGX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AADBX or STSGX?

STSGX has higher volatility (5.27%) compared to AADBX (1.80%). In terms of maximum drawdown, AADBX dropped -41.05% vs STSGX's -56.50%.

Which has better risk-adjusted returns?

AADBX currently has the higher Sharpe Ratio (1.62 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.