ABCVX vs. ADNPX

Last updated Jun 4, 2026

ABCVX (American Beacon The London Company Income Equity Fund) and ADNPX (American Beacon ARK Transformational Innovation Fund) are both mutual funds - ABCVX is a Large Cap Value Equities fund managed by American Beacon, while ADNPX is a Mid Cap Growth Equities fund managed by American Beacon. Over the past 5 years, ABCVX returned 7.89%/yr vs -5.11%/yr for ADNPX. A 0.54 correlation means they provide meaningful diversification when combined. ABCVX charges 1.07%/yr vs 1.39%/yr for ADNPX.

Performance

ABCVX vs. ADNPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon The London Company Income Equity Fund (ABCVX) and American Beacon ARK Transformational Innovation Fund (ADNPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABCVX achieves a 13.42% return, which is significantly higher than ADNPX's 4.66% return.

ABCVX

• 1D: 1.79%
• 1M: 3.14%
• YTD: 13.42%
• 6M: 12.75%
• 1Y: 20.66%
• 3Y*: 14.84%
• 5Y*: 7.89%
• 10Y*: 10.41%

ADNPX

• 1D: -1.82%
• 1M: 2.13%
• YTD: 4.66%
• 6M: -0.19%
• 1Y: 38.96%
• 3Y*: 24.62%
• 5Y*: -5.11%
• 10Y*: —

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

ABCVX vs. ADNPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABCVX American Beacon The London Company Income Equity Fund	13.42%	13.88%	11.65%	5.13%	-12.49%	25.59%	8.31%	27.90%	-3.68%	12.68%
ADNPX American Beacon ARK Transformational Innovation Fund	4.66%	35.66%	8.19%	67.46%	-66.37%	-22.90%	147.19%	31.93%	-3.50%	65.99%

Correlation

The correlation between ABCVX and ADNPX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017	0.54

The correlation between ABCVX and ADNPX shifts across timeframes, from 0.41 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ABCVX vs. ADNPX — Risk / Return Rank

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

ABCVX

ABCVX Risk / Return Rank: 48
ABCVX Sharpe Ratio Rank: 44
ABCVX Sortino Ratio Rank: 44
ABCVX Omega Ratio Rank: 41
ABCVX Calmar Ratio Rank: 59
ABCVX Martin Ratio Rank: 50

ADNPX

ADNPX Risk / Return Rank: 15
ADNPX Sharpe Ratio Rank: 17
ADNPX Sortino Ratio Rank: 17
ADNPX Omega Ratio Rank: 15
ADNPX Calmar Ratio Rank: 15
ADNPX Martin Ratio Rank: 11

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.

ABCVX vs. ADNPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon The London Company Income Equity Fund (ABCVX) and American Beacon ARK Transformational Innovation Fund (ADNPX). 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.

	ABCVX	ADNPX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.17	+0.78
Sortino ratio: Return per unit of downside risk	2.79	1.74	+1.05
Omega ratio: Gain probability vs. loss probability	1.34	1.20	+0.14
Calmar ratio: Return relative to maximum drawdown	2.96	1.36	+1.59
Martin ratio: Return relative to average drawdown	10.32	3.18	+7.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABCVX vs. ADNPX - Sharpe Ratio Comparison

The current ABCVX Sharpe Ratio is 1.95, which is higher than the ADNPX Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of ABCVX and ADNPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABCVX	ADNPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.17	+0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	-0.11	+0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.36	+0.34

Drawdowns

ABCVX vs. ADNPX - Drawdown Comparison

The maximum ABCVX drawdown since its inception was -33.29%, smaller than the maximum ADNPX drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for ABCVX and ADNPX.

Drawdown Indicators

	ABCVX	ADNPX	Difference
Max Drawdown Largest peak-to-trough decline	-33.29%	-79.98%	+46.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-30.04%	+22.84%
Max Drawdown (3Y) Largest decline over 3 years	-16.25%	-38.99%	+22.74%
Max Drawdown (5Y) Largest decline over 5 years	-20.75%	-76.39%	+55.64%
Max Drawdown (10Y) Largest decline over 10 years	-33.29%	—	—
Current Drawdown Current decline from peak	-1.57%	-45.78%	+44.21%
Average Drawdown Average peak-to-trough decline	-4.01%	-34.71%	+30.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	12.87%	-10.81%

Volatility

ABCVX vs. ADNPX - Volatility Comparison

The current volatility for American Beacon The London Company Income Equity Fund (ABCVX) is 3.68%, while American Beacon ARK Transformational Innovation Fund (ADNPX) has a volatility of 9.37%. This indicates that ABCVX experiences smaller price fluctuations and is considered to be less risky than ADNPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABCVX	ADNPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	9.37%	-5.69%
Volatility (6M) Calculated over the trailing 6-month period	8.79%	24.97%	-16.18%
Volatility (1Y) Calculated over the trailing 1-year period	10.93%	35.17%	-24.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	45.04%	-29.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	39.63%	-22.75%

ABCVX vs. ADNPX - Expense Ratio Comparison

ABCVX has a 1.07% expense ratio, which is lower than ADNPX's 1.39% expense ratio.

Dividends

ABCVX vs. ADNPX - Dividend Comparison

ABCVX's dividend yield for the trailing twelve months is around 14.83%, while ADNPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABCVX American Beacon The London Company Income Equity Fund	14.83%	16.78%	13.22%	2.46%	3.87%	1.74%	2.54%	8.01%	3.80%	1.68%	2.36%	1.92%
ADNPX American Beacon ARK Transformational Innovation Fund	0.00%	0.00%	0.00%	0.00%	9.67%	31.49%	0.39%	3.31%	6.56%	3.64%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABCVX and ADNPX in my portfolio?

ABCVX and ADNPX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABCVX or ADNPX?

ADNPX has higher volatility (9.37%) compared to ABCVX (3.68%). In terms of maximum drawdown, ABCVX dropped -33.29% vs ADNPX's -79.98%.

Which has better risk-adjusted returns?

ABCVX currently has the higher Sharpe Ratio (1.95 vs 1.17), 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.