ACTIX vs. SHXPX

Last updated Jun 24, 2026

ACTIX (Advisors Capital Tactical Fixed Income Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.11, they often move in opposite directions. ACTIX charges 2.09%/yr vs 1.21%/yr for SHXPX.

Performance

ACTIX vs. SHXPX - Performance Comparison

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

Returns By Period

ACTIX

• 1D: -0.21%
• 1M: 0.53%
• YTD: 0.10%
• 6M: 0.25%
• 1Y: 3.51%
• 3Y*: 4.60%
• 5Y*: 0.69%
• 10Y*: —

SHXPX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ACTIX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
ACTIX Advisors Capital Tactical Fixed Income Fund	0.10%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between ACTIX and SHXPX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.11

Return for Risk

ACTIX vs. SHXPX — Risk / Return Rank

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

ACTIX

ACTIX Risk / Return Rank: 15
ACTIX Sharpe Ratio Rank: 14
ACTIX Sortino Ratio Rank: 14
ACTIX Omega Ratio Rank: 14
ACTIX Calmar Ratio Rank: 15
ACTIX Martin Ratio Rank: 17

SHXPX

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

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.

ACTIX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advisors Capital Tactical Fixed Income Fund (ACTIX) 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.

	ACTIX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.00	—	—
Sortino ratio: Return per unit of downside risk	1.46	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.25	—	—
Martin ratio: Return relative to average drawdown	4.18	—	—

Drawdowns

ACTIX vs. SHXPX - Drawdown Comparison

The maximum ACTIX drawdown since its inception was -14.29%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for ACTIX and SHXPX.

Drawdown Indicators

	ACTIX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-0.13%	-14.16%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.29%	—	—
Current Drawdown Current decline from peak	-1.04%	0.00%	-1.04%
Average Drawdown Average peak-to-trough decline	-4.97%	-0.01%	-4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	ACTIX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	1.41%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	1.41%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.61%	1.41%	+3.20%

ACTIX vs. SHXPX - Expense Ratio Comparison

ACTIX has a 2.09% expense ratio, which is higher than SHXPX's 1.21% expense ratio.

Dividends

ACTIX vs. SHXPX - Dividend Comparison

ACTIX's dividend yield for the trailing twelve months is around 3.08%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
ACTIX Advisors Capital Tactical Fixed Income Fund	3.08%	3.09%	3.18%	2.44%	1.10%	0.45%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACTIX and SHXPX in my portfolio?

ACTIX and SHXPX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.