LBWIX vs. SHXPX

Last updated Jul 15, 2026

LBWIX (BrandywineGLOBAL - Diversified US Large Cap Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.15, they often move in opposite directions. LBWIX charges 0.84%/yr vs 1.21%/yr for SHXPX.

Performance

LBWIX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BrandywineGLOBAL - Diversified US Large Cap Value Fund (LBWIX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LBWIX

• 1D: 0.29%
• 1M: 2.26%
• 6M: 12.33%
• YTD: 14.64%
• 1Y: 25.72%
• 3Y*: 19.24%
• 5Y*: 12.41%
• 10Y*: 12.19%

SHXPX

• 1D: 0.13%
• 1M: 0.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LBWIX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
LBWIX BrandywineGLOBAL - Diversified US Large Cap Value Fund	4.36%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%

Correlation

The correlation between LBWIX and SHXPX is -0.15, 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	-0.15

Return for Risk

LBWIX vs. SHXPX — Risk / Return Rank

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

LBWIX

LBWIX Risk / Return Rank: 89
LBWIX Sharpe Ratio Rank: 90
LBWIX Sortino Ratio Rank: 88
LBWIX Omega Ratio Rank: 83
LBWIX Calmar Ratio Rank: 92
LBWIX Martin Ratio Rank: 91

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.

LBWIX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - Diversified US Large Cap Value Fund (LBWIX) 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.

	LBWIX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	—	—
Sortino ratio: Return per unit of downside risk	3.52	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.85	—	—
Martin ratio: Return relative to average drawdown	13.75	—	—

Drawdowns

LBWIX vs. SHXPX - Drawdown Comparison

The maximum LBWIX drawdown since its inception was -38.22%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for LBWIX and SHXPX.

Drawdown Indicators

	LBWIX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-38.22%	-0.13%	-38.09%
Max Drawdown (1Y) Largest decline over 1 year	-6.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.05%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.22%	—	—
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-3.93%	-0.01%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	—	—

Volatility

Volatility by Period

	LBWIX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	1.33%	+9.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.73%	1.33%	+13.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	1.33%	+16.44%

LBWIX vs. SHXPX - Expense Ratio Comparison

LBWIX has a 0.84% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

LBWIX vs. SHXPX - Dividend Comparison

LBWIX's dividend yield for the trailing twelve months is around 10.86%, less than SHXPX's 108.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBWIX BrandywineGLOBAL - Diversified US Large Cap Value Fund	10.86%	12.45%	11.18%	1.90%	13.87%	16.48%	2.89%	11.13%	11.30%	6.47%	6.95%	6.82%
SHXPX American Beacon Shapiro Equity Opportunities Fund	108.18%	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 LBWIX and SHXPX in my portfolio?

LBWIX and SHXPX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.