AHLPX vs. AHTPX
Compare and contrast key facts about American Beacon AHL Managed Futures Strategy Fund (AHLPX) and American Beacon AHL TargetRisk Fund (AHTPX).
AHLPX is managed by American Beacon. It was launched on Aug 18, 2014. AHTPX is managed by American Beacon. It was launched on Dec 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHLPX or AHTPX.
Key characteristics
| AHLPX | AHTPX | |
|---|---|---|
| YTD Return | 1.65% | 7.22% |
| 1Y Return | 1.14% | 14.75% |
| 3Y Return (Ann) | 3.33% | 0.64% |
| 5Y Return (Ann) | 3.93% | 4.07% |
| Sharpe Ratio | 0.22 | 1.57 |
| Daily Std Dev | 9.32% | 9.41% |
| Max Drawdown | -14.52% | -19.23% |
| Current Drawdown | -9.27% | -4.16% |
Correlation
The correlation between AHLPX and AHTPX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AHLPX vs. AHTPX - Performance Comparison
In the year-to-date period, AHLPX achieves a 1.65% return, which is significantly lower than AHTPX's 7.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AHLPX vs. AHTPX - Expense Ratio Comparison
AHLPX has a 1.83% expense ratio, which is higher than AHTPX's 1.41% expense ratio.
Risk-Adjusted Performance
AHLPX vs. AHTPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Managed Futures Strategy Fund (AHLPX) and American Beacon AHL TargetRisk Fund (AHTPX). 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.
Dividends
AHLPX vs. AHTPX - Dividend Comparison
AHLPX's dividend yield for the trailing twelve months is around 0.62%, less than AHTPX's 3.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AHLPX American Beacon AHL Managed Futures Strategy Fund | 0.62% | 0.63% | 17.64% | 7.15% | 5.14% | 4.17% | 1.45% | 4.07% | 0.00% | 3.40% | 2.80% |
AHTPX American Beacon AHL TargetRisk Fund | 3.39% | 3.63% | 5.07% | 18.73% | 0.54% | 4.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AHLPX vs. AHTPX - Drawdown Comparison
The maximum AHLPX drawdown since its inception was -14.52%, smaller than the maximum AHTPX drawdown of -19.23%. Use the drawdown chart below to compare losses from any high point for AHLPX and AHTPX. For additional features, visit the drawdowns tool.
Volatility
AHLPX vs. AHTPX - Volatility Comparison
The current volatility for American Beacon AHL Managed Futures Strategy Fund (AHLPX) is 2.07%, while American Beacon AHL TargetRisk Fund (AHTPX) has a volatility of 4.87%. This indicates that AHLPX experiences smaller price fluctuations and is considered to be less risky than AHTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.