AVFIX vs. AADEX

Last updated Jun 4, 2026

AVFIX (American Beacon Small Cap Value Fund) and AADEX (American Beacon Large Cap Value Fund) are both mutual funds - AVFIX is a Small Cap Value Equities fund managed by American Beacon, while AADEX is a Large Cap Value Equities fund managed by American Beacon. Over the past 10 years, AVFIX returned 10.40%/yr vs 11.86%/yr for AADEX. Their correlation of 0.89 suggests significant overlap in exposure. AVFIX charges 0.81%/yr vs 0.63%/yr for AADEX.

Performance

AVFIX vs. AADEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Small Cap Value Fund (AVFIX) and American Beacon Large Cap Value Fund (AADEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVFIX achieves a 22.40% return, which is significantly higher than AADEX's 8.02% return. Over the past 10 years, AVFIX has underperformed AADEX with an annualized return of 10.40%, while AADEX has yielded a comparatively higher 11.86% annualized return.

AVFIX

• 1D: 1.71%
• 1M: 4.91%
• YTD: 22.40%
• 6M: 21.65%
• 1Y: 39.93%
• 3Y*: 16.35%
• 5Y*: 8.44%
• 10Y*: 10.40%

AADEX

• 1D: 0.87%
• 1M: 3.08%
• YTD: 8.02%
• 6M: 9.56%
• 1Y: 20.94%
• 3Y*: 17.16%
• 5Y*: 9.87%
• 10Y*: 11.86%

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

AVFIX vs. AADEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVFIX American Beacon Small Cap Value Fund	22.40%	4.91%	7.48%	16.76%	-8.03%	28.32%	4.05%	23.52%	-15.78%	8.74%
AADEX American Beacon Large Cap Value Fund	8.02%	14.65%	15.37%	13.51%	-5.40%	28.07%	3.15%	29.72%	-12.12%	17.17%

Correlation

The correlation between AVFIX and AADEX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.89

The correlation between AVFIX and AADEX has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

Return for Risk

AVFIX vs. AADEX — Risk / Return Rank

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

AVFIX

AVFIX Risk / Return Rank: 68
AVFIX Sharpe Ratio Rank: 62
AVFIX Sortino Ratio Rank: 61
AVFIX Omega Ratio Rank: 52
AVFIX Calmar Ratio Rank: 90
AVFIX Martin Ratio Rank: 76

AADEX

AADEX Risk / Return Rank: 48
AADEX Sharpe Ratio Rank: 43
AADEX Sortino Ratio Rank: 43
AADEX Omega Ratio Rank: 40
AADEX Calmar Ratio Rank: 61
AADEX Martin Ratio Rank: 50

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.

AVFIX vs. AADEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Small Cap Value Fund (AVFIX) and American Beacon Large Cap Value Fund (AADEX). 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.

	AVFIX	AADEX	Difference
Sharpe ratio: Return per unit of total volatility	2.31	1.91	+0.40
Sortino ratio: Return per unit of downside risk	3.28	2.75	+0.53
Omega ratio: Gain probability vs. loss probability	1.40	1.34	+0.06
Calmar ratio: Return relative to maximum drawdown	4.67	3.01	+1.66
Martin ratio: Return relative to average drawdown	14.33	10.31	+4.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVFIX vs. AADEX - Sharpe Ratio Comparison

The current AVFIX Sharpe Ratio is 2.31, which is comparable to the AADEX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of AVFIX and AADEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVFIX	AADEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	1.91	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.58	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.61	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.51	-0.06

Drawdowns

AVFIX vs. AADEX - Drawdown Comparison

The maximum AVFIX drawdown since its inception was -61.40%, roughly equal to the maximum AADEX drawdown of -59.56%. Use the drawdown chart below to compare losses from any high point for AVFIX and AADEX.

Drawdown Indicators

	AVFIX	AADEX	Difference
Max Drawdown Largest peak-to-trough decline	-61.40%	-59.56%	-1.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-7.31%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	-28.94%	-19.24%	-9.70%
Max Drawdown (5Y) Largest decline over 5 years	-28.94%	-19.67%	-9.27%
Max Drawdown (10Y) Largest decline over 10 years	-49.78%	-41.69%	-8.09%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.21%	-8.03%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.13%	+0.85%

Volatility

AVFIX vs. AADEX - Volatility Comparison

American Beacon Small Cap Value Fund (AVFIX) has a higher volatility of 5.07% compared to American Beacon Large Cap Value Fund (AADEX) at 2.47%. This indicates that AVFIX's price experiences larger fluctuations and is considered to be riskier than AADEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVFIX	AADEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	2.47%	+2.60%
Volatility (6M) Calculated over the trailing 6-month period	12.45%	8.30%	+4.15%
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	11.53%	+7.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.48%	17.25%	+5.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.53%	19.53%	+5.00%

AVFIX vs. AADEX - Expense Ratio Comparison

AVFIX has a 0.81% expense ratio, which is higher than AADEX's 0.63% expense ratio.

Dividends

AVFIX vs. AADEX - Dividend Comparison

AVFIX's dividend yield for the trailing twelve months is around 8.74%, less than AADEX's 11.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADEX American Beacon Large Cap Value Fund	11.09%	11.98%	12.61%	5.28%	11.80%	11.20%	14.65%	9.93%	10.39%	10.73%	2.97%	11.85%
AVFIX American Beacon Small Cap Value Fund	8.74%	10.70%	8.67%	4.91%	17.72%	11.86%	0.88%	1.84%	15.05%	9.66%	3.04%	6.00%

Frequently Asked Questions

Can I hold both AVFIX and AADEX in my portfolio?

AVFIX and AADEX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVFIX or AADEX?

AVFIX has higher volatility (5.07%) compared to AADEX (2.47%). In terms of maximum drawdown, AVFIX dropped -61.40% vs AADEX's -59.56%.

Which has better risk-adjusted returns?

AVFIX currently has the higher Sharpe Ratio (2.31 vs 1.91), 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.