ADNPX vs. SHXPX

Last updated Jun 23, 2026

ADNPX (American Beacon ARK Transformational Innovation Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both mutual funds - ADNPX is a Mid Cap Growth Equities fund managed by American Beacon, while SHXPX is a Large Cap Value Equities fund managed by American Beacon. At a correlation of -0.09, they often move in opposite directions. ADNPX charges 1.39%/yr vs 1.21%/yr for SHXPX.

Performance

ADNPX vs. SHXPX - Performance Comparison

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

Returns By Period

ADNPX

• 1D: 2.20%
• 1M: 5.72%
• YTD: 5.77%
• 6M: -0.05%
• 1Y: 20.30%
• 3Y*: 22.52%
• 5Y*: -6.78%
• 10Y*: —

SHXPX

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

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

ADNPX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
ADNPX American Beacon ARK Transformational Innovation Fund	3.81%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between ADNPX and SHXPX is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.09

Return for Risk

ADNPX vs. SHXPX — Risk / Return Rank

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

ADNPX

ADNPX Risk / Return Rank: 8
ADNPX Sharpe Ratio Rank: 8
ADNPX Sortino Ratio Rank: 9
ADNPX Omega Ratio Rank: 8
ADNPX Calmar Ratio Rank: 8
ADNPX Martin Ratio Rank: 7

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.

ADNPX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon ARK Transformational Innovation Fund (ADNPX) 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.

	ADNPX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	0.63	—	—
Sortino ratio: Return per unit of downside risk	1.08	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.74	—	—
Martin ratio: Return relative to average drawdown	1.66	—	—

Drawdowns

ADNPX vs. SHXPX - Drawdown Comparison

The maximum ADNPX drawdown since its inception was -79.98%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for ADNPX and SHXPX.

Drawdown Indicators

	ADNPX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-79.98%	-0.13%	-79.85%
Max Drawdown (1Y) Largest decline over 1 year	-30.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-38.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-76.39%	—	—
Current Drawdown Current decline from peak	-45.21%	0.00%	-45.21%
Average Drawdown Average peak-to-trough decline	-34.76%	-0.01%	-34.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.27%	—	—

Volatility

Volatility by Period

	ADNPX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.43%	1.45%	+33.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.22%	1.45%	+43.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.69%	1.45%	+38.24%

ADNPX vs. SHXPX - Expense Ratio Comparison

ADNPX has a 1.39% expense ratio, which is higher than SHXPX's 1.21% expense ratio.

Dividends

ADNPX vs. SHXPX - Dividend Comparison

Neither ADNPX nor SHXPX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADNPX and SHXPX in my portfolio?

ADNPX and SHXPX have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.