CBLSX vs. SHXPX

Last updated Jun 26, 2026

CBLSX (Allspring C&B Large Cap Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.14, they often move in opposite directions. CBLSX charges 0.75%/yr vs 1.21%/yr for SHXPX.

Performance

CBLSX vs. SHXPX - Performance Comparison

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

Returns By Period

CBLSX

• 1D: 0.64%
• 1M: -0.00%
• YTD: 6.16%
• 6M: 5.06%
• 1Y: 16.35%
• 3Y*: 15.96%
• 5Y*: 9.70%
• 10Y*: 12.27%

SHXPX

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

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

CBLSX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
CBLSX Allspring C&B Large Cap Value Fund	-0.18%
SHXPX American Beacon Shapiro Equity Opportunities Fund	-51.75%

Correlation

The correlation between CBLSX and SHXPX is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.14

Return for Risk

CBLSX vs. SHXPX — Risk / Return Rank

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

CBLSX

CBLSX Risk / Return Rank: 30
CBLSX Sharpe Ratio Rank: 30
CBLSX Sortino Ratio Rank: 30
CBLSX Omega Ratio Rank: 28
CBLSX Calmar Ratio Rank: 32
CBLSX Martin Ratio Rank: 33

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.

CBLSX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring C&B Large Cap Value Fund (CBLSX) 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.

	CBLSX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	1.88	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.78	—	—
Martin ratio: Return relative to average drawdown	6.17	—	—

Drawdowns

CBLSX vs. SHXPX - Drawdown Comparison

The maximum CBLSX drawdown since its inception was -56.17%, which is greater than SHXPX's maximum drawdown of -52.00%. Use the drawdown chart below to compare losses from any high point for CBLSX and SHXPX.

Drawdown Indicators

	CBLSX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-56.17%	-52.00%	-4.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.65%	—	—
Current Drawdown Current decline from peak	-8.76%	-52.00%	+43.24%
Average Drawdown Average peak-to-trough decline	-8.37%	-5.48%	-2.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	—	—

Volatility

Volatility by Period

	CBLSX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	189.49%	-177.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.51%	189.49%	-165.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.33%	189.49%	-167.16%

CBLSX vs. SHXPX - Expense Ratio Comparison

CBLSX has a 0.75% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

CBLSX vs. SHXPX - Dividend Comparison

CBLSX's dividend yield for the trailing twelve months is around 12.35%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBLSX Allspring C&B Large Cap Value Fund	12.35%	13.11%	35.42%	12.50%	23.79%	14.02%	5.27%	9.34%	9.23%	11.38%	2.64%	4.60%
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 CBLSX and SHXPX in my portfolio?

CBLSX and SHXPX have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.