AHTPX vs. ADNPX
AHTPX (American Beacon AHL TargetRisk Fund) and ADNPX (American Beacon ARK Transformational Innovation Fund) are both mutual funds - AHTPX is a Tactical Allocation fund managed by American Beacon, while ADNPX is a Mid Cap Growth Equities fund managed by American Beacon. Over the past 5 years, AHTPX returned 3.32%/yr vs -9.13%/yr for ADNPX. Their 0.43 correlation means their historical movements had little consistent relationship. AHTPX charges 1.41%/yr vs 1.39%/yr for ADNPX.
Performance
AHTPX vs. ADNPX - Performance Comparison
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Returns By Period
In the year-to-date period, AHTPX achieves a 6.55% return, which is significantly higher than ADNPX's -6.40% return.
AHTPX
- 1D
- 0.26%
- 1M
- -0.61%
- 6M
- 2.06%
- YTD
- 6.55%
- 1Y
- 18.93%
- 3Y*
- 8.30%
- 5Y*
- 3.32%
- 10Y*
- —
- ALL TIME*
- 7.69%
ADNPX
- 1D
- -2.43%
- 1M
- -13.02%
- 6M
- -3.21%
- YTD
- -6.40%
- 1Y
- 1.31%
- 3Y*
- 13.33%
- 5Y*
- -9.13%
- 10Y*
- —
- ALL TIME*
- 12.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AHTPX vs. ADNPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AHTPX American Beacon AHL TargetRisk Fund | 6.55% | 7.76% | 6.73% | 13.48% | -16.81% | 13.63% | 5.18% | 26.87% | 0.00% |
ADNPX American Beacon ARK Transformational Innovation Fund | -6.40% | 35.66% | 8.19% | 67.46% | -66.37% | -22.90% | 147.19% | 31.93% | 1.24% |
Correlation
The correlation between AHTPX and ADNPX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2018 | 0.43 |
The correlation between AHTPX and ADNPX has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.
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Return for Risk
AHTPX vs. ADNPX — Risk / Return Rank
AHTPX
ADNPX
AHTPX vs. ADNPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and American Beacon ARK Transformational Innovation Fund (ADNPX). 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.
| AHTPX | ADNPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.01 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | -0.13 | +2.60 |
| Martin ratioReturn relative to average drawdown | 6.08 | -0.29 | +6.36 |
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Drawdowns
AHTPX vs. ADNPX - Drawdown Comparison
The maximum AHTPX drawdown since its inception was -19.23%, smaller than the maximum ADNPX drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for AHTPX and ADNPX.
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Drawdown Indicators
| AHTPX | ADNPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.23% | -79.98% | +60.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -30.04% | +22.78% |
Max Drawdown (3Y)Largest decline over 3 years | -12.89% | -38.99% | +26.10% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -75.82% | +56.59% |
Current DrawdownCurrent decline from peak | -3.97% | -51.51% | +47.54% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -34.91% | +29.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 14.10% | -11.16% |
Volatility
AHTPX vs. ADNPX - Volatility Comparison
The current volatility for American Beacon AHL TargetRisk Fund (AHTPX) is 2.59%, while American Beacon ARK Transformational Innovation Fund (ADNPX) has a volatility of 10.38%. This indicates that AHTPX experiences smaller price fluctuations and is considered to be less risky than ADNPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHTPX | ADNPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 10.38% | -7.79% |
Volatility (6M)Calculated over the trailing 6-month period | 6.47% | 28.07% | -21.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.78% | 36.07% | -26.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.65% | 45.38% | -35.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.94% | 39.64% | -30.70% |
AHTPX vs. ADNPX - Expense Ratio Comparison
AHTPX has a 1.41% expense ratio, which is higher than ADNPX's 1.39% expense ratio.
Dividends
AHTPX vs. ADNPX - Dividend Comparison
AHTPX's dividend yield for the trailing twelve months is around 7.49%, while ADNPX has not 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% |
AHTPX American Beacon AHL TargetRisk Fund | 7.49% | 7.98% | 4.80% | 3.63% | 5.07% | 18.73% | 0.54% | 4.51% | 0.00% | 0.00% |
Frequently Asked Questions
AHTPX and ADNPX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADNPX has higher volatility (10.38%) compared to AHTPX (2.59%). In terms of maximum drawdown, AHTPX dropped -19.23% vs ADNPX's -79.98%.
AHTPX currently has the higher Sharpe Ratio (1.83 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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