ADEIX vs. SHXPX

Last updated Jul 16, 2026

ADEIX (Ancora Dividend Value Equity Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a 0.10 correlation, their price movements are largely independent. Both charge a 1.21% expense ratio.

Performance

ADEIX vs. SHXPX - Performance Comparison

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

Returns By Period

ADEIX

• 1D: 0.06%
• 1M: 1.13%
• 6M: 2.51%
• YTD: 3.64%
• 1Y: 8.30%
• 3Y*: 10.42%
• 5Y*: 7.09%
• 10Y*: —

SHXPX

• 1D: 0.13%
• 1M: 0.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADEIX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
ADEIX Ancora Dividend Value Equity Fund	1.70%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%

Correlation

The correlation between ADEIX and SHXPX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.10

Return for Risk

ADEIX vs. SHXPX — Risk / Return Rank

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

ADEIX

ADEIX Risk / Return Rank: 13
ADEIX Sharpe Ratio Rank: 12
ADEIX Sortino Ratio Rank: 12
ADEIX Omega Ratio Rank: 11
ADEIX Calmar Ratio Rank: 14
ADEIX Martin Ratio Rank: 16

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.

ADEIX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ancora Dividend Value Equity Fund (ADEIX) 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.

	ADEIX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	0.66	—	—
Sortino ratio: Return per unit of downside risk	1.02	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.90	—	—
Martin ratio: Return relative to average drawdown	2.98	—	—

Drawdowns

ADEIX vs. SHXPX - Drawdown Comparison

The maximum ADEIX drawdown since its inception was -94.85%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for ADEIX and SHXPX.

Drawdown Indicators

	ADEIX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-94.85%	-0.13%	-94.72%
Max Drawdown (1Y) Largest decline over 1 year	-8.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-94.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-94.85%	—	—
Current Drawdown Current decline from peak	-93.41%	0.00%	-93.41%
Average Drawdown Average peak-to-trough decline	-23.57%	-0.01%	-23.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	—	—

Volatility

Volatility by Period

	ADEIX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	1.33%	+9.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	698.70%	1.33%	+697.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	583.55%	1.33%	+582.22%

ADEIX vs. SHXPX - Expense Ratio Comparison

Both ADEIX and SHXPX have an expense ratio of 1.21%.

Dividends

ADEIX vs. SHXPX - Dividend Comparison

ADEIX's dividend yield for the trailing twelve months is around 3.27%, less than SHXPX's 108.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ADEIX Ancora Dividend Value Equity Fund	3.27%	3.38%	0.54%	1.30%	1.43%	1.06%	1.23%	0.79%
SHXPX American Beacon Shapiro Equity Opportunities Fund	108.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADEIX and SHXPX in my portfolio?

ADEIX and SHXPX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.