AVUVX vs. SHDPX

Last updated Jun 4, 2026

AVUVX (Avantis U.S. Small Cap Value Fund) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. AVUVX charges 0.25%/yr vs 2.31%/yr for SHDPX.

Performance

AVUVX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Small Cap Value Fund (AVUVX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVUVX

• 1D: 0.88%
• 1M: 2.78%
• YTD: 19.42%
• 6M: 18.81%
• 1Y: 39.51%
• 3Y*: 19.95%
• 5Y*: 11.18%
• 10Y*: —

SHDPX

• 1D: 0.12%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVUVX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
AVUVX Avantis U.S. Small Cap Value Fund	0.14%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.12%

Correlation

The correlation between AVUVX and SHDPX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.87

Return for Risk

AVUVX vs. SHDPX — Risk / Return Rank

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

AVUVX

AVUVX Risk / Return Rank: 72
AVUVX Sharpe Ratio Rank: 66
AVUVX Sortino Ratio Rank: 65
AVUVX Omega Ratio Rank: 55
AVUVX Calmar Ratio Rank: 92
AVUVX Martin Ratio Rank: 82

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.

AVUVX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Small Cap Value Fund (AVUVX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). 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.

	AVUVX	SHDPX	Difference
Sharpe ratio Return per unit of total volatility	2.37	—	—
Sortino ratio Return per unit of downside risk	3.36	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	5.06	—	—
Martin ratio Return relative to average drawdown	15.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AVUVX	SHDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	11.78	-11.21

Drawdowns

AVUVX vs. SHDPX - Drawdown Comparison

The maximum AVUVX drawdown since its inception was -50.24%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AVUVX and SHDPX.

Drawdown Indicators

	AVUVX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-50.24%	0.00%	-50.24%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.74%	0.00%	-7.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	—	—

Volatility

Volatility by Period

	AVUVX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.60%	1.07%	+16.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.74%	1.07%	+21.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.80%	1.07%	+27.73%

AVUVX vs. SHDPX - Expense Ratio Comparison

AVUVX has a 0.25% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

AVUVX vs. SHDPX - Dividend Comparison

AVUVX's dividend yield for the trailing twelve months is around 5.94%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUVX Avantis U.S. Small Cap Value Fund	5.94%	7.09%	4.11%	1.57%	8.07%	5.83%	0.73%	0.14%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUVX and SHDPX in my portfolio?

AVUVX and SHDPX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.