ARTLX vs. SHXPX

Last updated Jun 24, 2026

ARTLX (Artisan Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.06, they often move in opposite directions. ARTLX charges 1.05%/yr vs 1.21%/yr for SHXPX.

Performance

ARTLX vs. SHXPX - Performance Comparison

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

Returns By Period

ARTLX

• 1D: -0.20%
• 1M: -1.85%
• YTD: 3.33%
• 6M: 2.90%
• 1Y: 12.13%
• 3Y*: 13.51%
• 5Y*: 9.29%
• 10Y*: 11.77%

SHXPX

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

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

ARTLX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
ARTLX Artisan Value Fund	-1.65%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between ARTLX and SHXPX is -0.06, 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	-0.06

Return for Risk

ARTLX vs. SHXPX — Risk / Return Rank

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

ARTLX

ARTLX Risk / Return Rank: 17
ARTLX Sharpe Ratio Rank: 17
ARTLX Sortino Ratio Rank: 17
ARTLX Omega Ratio Rank: 16
ARTLX Calmar Ratio Rank: 17
ARTLX Martin Ratio Rank: 19

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.

ARTLX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan Value Fund (ARTLX) 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.

	ARTLX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.09	—	—
Sortino ratio: Return per unit of downside risk	1.60	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.38	—	—
Martin ratio: Return relative to average drawdown	4.56	—	—

Drawdowns

ARTLX vs. SHXPX - Drawdown Comparison

The maximum ARTLX drawdown since its inception was -57.91%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for ARTLX and SHXPX.

Drawdown Indicators

	ARTLX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-57.91%	-0.13%	-57.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.03%	—	—
Current Drawdown Current decline from peak	-2.23%	0.00%	-2.23%
Average Drawdown Average peak-to-trough decline	-8.32%	-0.01%	-8.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	—	—

Volatility

Volatility by Period

	ARTLX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	1.41%	+10.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	1.41%	+13.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	1.41%	+16.65%

ARTLX vs. SHXPX - Expense Ratio Comparison

ARTLX has a 1.05% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

ARTLX vs. SHXPX - Dividend Comparison

ARTLX's dividend yield for the trailing twelve months is around 13.40%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTLX Artisan Value Fund	13.40%	13.85%	7.59%	5.10%	17.75%	12.97%	7.57%	3.99%	16.44%	10.00%	0.62%	10.74%
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 ARTLX and SHXPX in my portfolio?

ARTLX and SHXPX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.