CDDYX vs. SHXPX

Last updated Jun 23, 2026

CDDYX (Columbia Dividend Income Fund Institutional 3 Class) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.23, they often move in opposite directions. CDDYX charges 0.55%/yr vs 1.21%/yr for SHXPX.

Performance

CDDYX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Dividend Income Fund Institutional 3 Class (CDDYX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CDDYX

• 1D: -0.11%
• 1M: 0.39%
• YTD: 8.90%
• 6M: 8.40%
• 1Y: 21.55%
• 3Y*: 15.99%
• 5Y*: 11.63%
• 10Y*: 12.75%

SHXPX

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

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

CDDYX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
CDDYX Columbia Dividend Income Fund Institutional 3 Class	0.82%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between CDDYX and SHXPX is -0.23, 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	-0.23

Return for Risk

CDDYX vs. SHXPX — Risk / Return Rank

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

CDDYX

CDDYX Risk / Return Rank: 79
CDDYX Sharpe Ratio Rank: 77
CDDYX Sortino Ratio Rank: 78
CDDYX Omega Ratio Rank: 69
CDDYX Calmar Ratio Rank: 86
CDDYX Martin Ratio Rank: 85

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.

CDDYX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Institutional 3 Class (CDDYX) 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.

	CDDYX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.40	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.93	—	—
Martin ratio: Return relative to average drawdown	14.84	—	—

Drawdowns

CDDYX vs. SHXPX - Drawdown Comparison

The maximum CDDYX drawdown since its inception was -32.74%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for CDDYX and SHXPX.

Drawdown Indicators

	CDDYX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-32.74%	-0.13%	-32.61%
Max Drawdown (1Y) Largest decline over 1 year	-5.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.74%	—	—
Current Drawdown Current decline from peak	-1.04%	0.00%	-1.04%
Average Drawdown Average peak-to-trough decline	-2.76%	-0.01%	-2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	—	—

Volatility

Volatility by Period

	CDDYX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.17%	1.45%	+7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	1.45%	+11.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	1.45%	+14.24%

CDDYX vs. SHXPX - Expense Ratio Comparison

CDDYX has a 0.55% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

CDDYX vs. SHXPX - Dividend Comparison

CDDYX's dividend yield for the trailing twelve months is around 4.94%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CDDYX Columbia Dividend Income Fund Institutional 3 Class	4.94%	5.33%	5.99%	4.96%	3.90%	2.93%	1.85%	3.28%	7.65%	4.03%	3.84%	8.35%
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 CDDYX and SHXPX in my portfolio?

CDDYX and SHXPX have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.