ADVGX vs. SHXPX

Last updated Jun 4, 2026

ADVGX (North Square Advisory Research Small Cap Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -1.00, they often move in opposite directions. ADVGX charges 0.95%/yr vs 1.21%/yr for SHXPX.

Performance

ADVGX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Square Advisory Research Small Cap Value Fund (ADVGX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ADVGX

• 1D: -0.20%
• 1M: 7.28%
• YTD: 11.42%
• 6M: 12.87%
• 1Y: 27.39%
• 3Y*: 17.96%
• 5Y*: 9.77%
• 10Y*: 11.61%

SHXPX

• 1D: 0.06%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ADVGX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
ADVGX North Square Advisory Research Small Cap Value Fund	-0.81%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.45%

Correlation

The correlation between ADVGX and SHXPX is -1.00, 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 29, 2026	-1.00

Return for Risk

ADVGX vs. SHXPX — Risk / Return Rank

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

ADVGX

ADVGX Risk / Return Rank: 27
ADVGX Sharpe Ratio Rank: 29
ADVGX Sortino Ratio Rank: 30
ADVGX Omega Ratio Rank: 26
ADVGX Calmar Ratio Rank: 29
ADVGX Martin Ratio Rank: 20

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.

ADVGX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Square Advisory Research Small Cap Value Fund (ADVGX) 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.

	ADVGX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.55	—	—
Sortino ratio: Return per unit of downside risk	2.29	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.01	—	—
Martin ratio: Return relative to average drawdown	5.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ADVGX	SHXPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	23.86	-23.28

Drawdowns

ADVGX vs. SHXPX - Drawdown Comparison

The maximum ADVGX drawdown since its inception was -41.34%, which is greater than SHXPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ADVGX and SHXPX.

Drawdown Indicators

	ADVGX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-41.34%	0.00%	-41.34%
Max Drawdown (1Y) Largest decline over 1 year	-14.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.34%	—	—
Current Drawdown Current decline from peak	-0.81%	0.00%	-0.81%
Average Drawdown Average peak-to-trough decline	-5.57%	0.00%	-5.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	—	—

Volatility

Volatility by Period

	ADVGX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.36%	2.38%	+16.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	2.38%	+19.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	2.38%	+18.68%

ADVGX vs. SHXPX - Expense Ratio Comparison

ADVGX has a 0.95% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

ADVGX vs. SHXPX - Dividend Comparison

ADVGX's dividend yield for the trailing twelve months is around 5.10%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADVGX North Square Advisory Research Small Cap Value Fund	5.10%	5.68%	1.16%	0.85%	6.87%	7.52%	11.47%	11.43%	41.46%	9.66%	7.34%	19.79%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADVGX and SHXPX in my portfolio?

ADVGX and SHXPX have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.