AADEX vs. AADBX
AADEX (American Beacon Large Cap Value Fund) and AADBX (American Beacon Balanced Fund) are both mutual funds - AADEX is a Large Cap Value Equities fund managed by American Beacon, while AADBX is a Diversified Portfolio fund managed by American Beacon. Over the past 10 years, AADEX returned 12.31%/yr vs 8.97%/yr for AADBX. With a 0.98 correlation, they move nearly in lockstep. AADEX charges 0.63%/yr vs 0.72%/yr for AADBX.
Performance
AADEX vs. AADBX - Performance Comparison
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Returns By Period
In the year-to-date period, AADEX achieves a 7.57% return, which is significantly higher than AADBX's 4.63% return. Over the past 10 years, AADEX has outperformed AADBX with an annualized return of 12.31%, while AADBX has yielded a comparatively lower 8.97% annualized return.
AADEX
- 1D
- 0.21%
- 1M
- 1.01%
- YTD
- 7.57%
- 6M
- 6.82%
- 1Y
- 19.42%
- 3Y*
- 16.76%
- 5Y*
- 10.44%
- 10Y*
- 12.31%
AADBX
- 1D
- 0.00%
- 1M
- 0.52%
- YTD
- 4.63%
- 6M
- 4.28%
- 1Y
- 13.94%
- 3Y*
- 12.24%
- 5Y*
- 6.85%
- 10Y*
- 8.97%
AADEX vs. AADBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AADEX American Beacon Large Cap Value Fund | 7.57% | 14.65% | 15.37% | 13.51% | -5.40% | 28.07% | 3.15% | 29.72% | -12.12% | 17.17% |
AADBX American Beacon Balanced Fund | 4.63% | 11.65% | 10.54% | 12.35% | -7.55% | 16.73% | 6.30% | 22.57% | -8.11% | 12.54% |
Correlation
The correlation between AADEX and AADBX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1996 | 0.98 |
The correlation between AADEX and AADBX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
AADEX vs. AADBX — Risk / Return Rank
AADEX
AADBX
AADEX vs. AADBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Large Cap Value Fund (AADEX) and American Beacon Balanced Fund (AADBX). 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.
| AADEX | AADBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 2.62 | +0.13 |
| Martin ratioReturn relative to average drawdown | 9.38 | 9.02 | +0.36 |
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Drawdowns
AADEX vs. AADBX - Drawdown Comparison
The maximum AADEX drawdown since its inception was -59.56%, which is greater than AADBX's maximum drawdown of -41.05%. Use the drawdown chart below to compare losses from any high point for AADEX and AADBX.
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Drawdown Indicators
| AADEX | AADBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.56% | -41.05% | -18.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -5.50% | -1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -19.24% | -12.70% | -6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.67% | -17.79% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -41.69% | -28.13% | -13.56% |
Current DrawdownCurrent decline from peak | -1.63% | -1.64% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -4.74% | -3.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 1.59% | +0.55% |
Volatility
AADEX vs. AADBX - Volatility Comparison
American Beacon Large Cap Value Fund (AADEX) has a higher volatility of 3.50% compared to American Beacon Balanced Fund (AADBX) at 2.70%. This indicates that AADEX's price experiences larger fluctuations and is considered to be riskier than AADBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AADEX | AADBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 2.70% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 8.50% | 6.11% | +2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.77% | 8.35% | +3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 11.60% | +5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.53% | 12.43% | +7.10% |
AADEX vs. AADBX - Expense Ratio Comparison
AADEX has a 0.63% expense ratio, which is lower than AADBX's 0.72% expense ratio.
Dividends
AADEX vs. AADBX - Dividend Comparison
AADEX's dividend yield for the trailing twelve months is around 11.14%, more than AADBX's 8.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AADBX American Beacon Balanced Fund | 8.36% | 8.77% | 9.66% | 2.27% | 10.60% | 9.34% | 13.14% | 9.00% | 9.67% | 7.83% | 1.87% | 6.84% |
AADEX American Beacon Large Cap Value Fund | 11.14% | 11.98% | 12.61% | 5.28% | 11.80% | 11.20% | 14.65% | 9.93% | 10.39% | 10.73% | 2.97% | 11.85% |
Frequently Asked Questions
With a correlation of 0.97, AADEX and AADBX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AADEX has higher volatility (3.50%) compared to AADBX (2.70%). In terms of maximum drawdown, AADEX dropped -59.56% vs AADBX's -41.05%.
AADBX currently has the higher Sharpe Ratio (1.73 vs 1.71), 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.
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