GQHPX vs. SHXPX

Last updated Jun 5, 2026

GQHPX (GQG Partners US Quality Dividend Income Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a 0.40 correlation, their price movements are largely independent. GQHPX charges 0.57%/yr vs 1.21%/yr for SHXPX.

Performance

GQHPX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners US Quality Dividend Income Fund (GQHPX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GQHPX

• 1D: -0.56%
• 1M: -1.73%
• YTD: 9.53%
• 6M: 10.43%
• 1Y: 12.47%
• 3Y*: 12.04%
• 5Y*: —
• 10Y*: —

SHXPX

• 1D: -0.13%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GQHPX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
GQHPX GQG Partners US Quality Dividend Income Fund	-0.63%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.32%

Correlation

The correlation between GQHPX and SHXPX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

Return for Risk

GQHPX vs. SHXPX — Risk / Return Rank

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

GQHPX

GQHPX Risk / Return Rank: 22
GQHPX Sharpe Ratio Rank: 17
GQHPX Sortino Ratio Rank: 18
GQHPX Omega Ratio Rank: 15
GQHPX Calmar Ratio Rank: 36
GQHPX Martin Ratio Rank: 23

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.

GQHPX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Quality Dividend Income Fund (GQHPX) 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.

	GQHPX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.15	—	—
Sortino ratio: Return per unit of downside risk	1.77	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	2.22	—	—
Martin ratio: Return relative to average drawdown	5.51	—	—
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

	GQHPX	SHXPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	8.85	-8.02

Drawdowns

GQHPX vs. SHXPX - Drawdown Comparison

The maximum GQHPX drawdown since its inception was -17.26%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for GQHPX and SHXPX.

Drawdown Indicators

	GQHPX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-17.26%	-0.13%	-17.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.71%	—	—
Current Drawdown Current decline from peak	-4.14%	-0.13%	-4.01%
Average Drawdown Average peak-to-trough decline	-3.35%	-0.03%	-3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	—	—

Volatility

Volatility by Period

	GQHPX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.79%	2.95%	+6.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.65%	2.95%	+9.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.65%	2.95%	+9.70%

GQHPX vs. SHXPX - Expense Ratio Comparison

GQHPX has a 0.57% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

GQHPX vs. SHXPX - Dividend Comparison

GQHPX's dividend yield for the trailing twelve months is around 3.64%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GQHPX GQG Partners US Quality Dividend Income Fund	3.64%	2.98%	3.14%	2.64%	3.24%	0.77%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQHPX and SHXPX in my portfolio?

GQHPX and SHXPX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.