AHTPX vs. AHLPX
Compare and contrast key facts about American Beacon AHL TargetRisk Fund (AHTPX) and American Beacon AHL Managed Futures Strategy Fund (AHLPX).
AHTPX is managed by American Beacon. It was launched on Dec 30, 2018. AHLPX is managed by American Beacon. It was launched on Aug 18, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHTPX or AHLPX.
Correlation
The correlation between AHTPX and AHLPX is 0.14, 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
AHTPX vs. AHLPX - Performance Comparison
Key characteristics
AHTPX:
0.95
AHLPX:
-0.57
AHTPX:
1.32
AHLPX:
-0.74
AHTPX:
1.18
AHLPX:
0.92
AHTPX:
0.53
AHLPX:
-0.25
AHTPX:
2.77
AHLPX:
-0.72
AHTPX:
3.24%
AHLPX:
7.74%
AHTPX:
9.40%
AHLPX:
9.76%
AHTPX:
-27.86%
AHLPX:
-22.66%
AHTPX:
-9.35%
AHLPX:
-22.60%
Returns By Period
In the year-to-date period, AHTPX achieves a 3.64% return, which is significantly higher than AHLPX's -3.96% return.
AHTPX
3.64%
1.83%
3.44%
9.06%
2.31%
N/A
AHLPX
-3.96%
-2.97%
-3.97%
-5.96%
0.73%
-0.11%
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AHTPX vs. AHLPX - Expense Ratio Comparison
AHTPX has a 1.41% expense ratio, which is lower than AHLPX's 1.83% expense ratio.
Risk-Adjusted Performance
AHTPX vs. AHLPX — Risk-Adjusted Performance Rank
AHTPX
AHLPX
AHTPX vs. AHLPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and American Beacon AHL Managed Futures Strategy Fund (AHLPX). 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
AHTPX vs. AHLPX - Dividend Comparison
AHTPX's dividend yield for the trailing twelve months is around 4.64%, more than AHLPX's 0.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHTPX American Beacon AHL TargetRisk Fund | 4.64% | 4.81% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AHLPX American Beacon AHL Managed Futures Strategy Fund | 0.31% | 0.29% | 0.63% | 4.75% | 4.09% | 2.96% | 2.26% | 0.91% | 0.00% | 0.00% | 1.91% | 2.80% |
Drawdowns
AHTPX vs. AHLPX - Drawdown Comparison
The maximum AHTPX drawdown since its inception was -27.86%, which is greater than AHLPX's maximum drawdown of -22.66%. Use the drawdown chart below to compare losses from any high point for AHTPX and AHLPX. For additional features, visit the drawdowns tool.
Volatility
AHTPX vs. AHLPX - Volatility Comparison
The current volatility for American Beacon AHL TargetRisk Fund (AHTPX) is 1.97%, while American Beacon AHL Managed Futures Strategy Fund (AHLPX) has a volatility of 3.72%. This indicates that AHTPX experiences smaller price fluctuations and is considered to be less risky than AHLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.