NFJEX vs. SHXPX

Last updated Jun 25, 2026

NFJEX (Virtus NFJ Dividend Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a 0.25 correlation, their price movements are largely independent. NFJEX charges 0.70%/yr vs 1.21%/yr for SHXPX.

Performance

NFJEX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus NFJ Dividend Value Fund (NFJEX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NFJEX

• 1D: -0.83%
• 1M: 3.12%
• YTD: 18.89%
• 6M: 17.03%
• 1Y: 29.95%
• 3Y*: 16.29%
• 5Y*: 9.65%
• 10Y*: 10.23%

SHXPX

• 1D: -52.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFJEX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
NFJEX Virtus NFJ Dividend Value Fund	2.50%
SHXPX American Beacon Shapiro Equity Opportunities Fund	-51.75%

Correlation

The correlation between NFJEX and SHXPX is 0.25, 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 28, 2026	0.25

Return for Risk

NFJEX vs. SHXPX — Risk / Return Rank

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

NFJEX

NFJEX Risk / Return Rank: 81
NFJEX Sharpe Ratio Rank: 79
NFJEX Sortino Ratio Rank: 80
NFJEX Omega Ratio Rank: 71
NFJEX Calmar Ratio Rank: 90
NFJEX 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.

NFJEX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus NFJ Dividend Value Fund (NFJEX) 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.

	NFJEX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	—	—
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	4.20	—	—
Martin ratio: Return relative to average drawdown	14.33	—	—

Drawdowns

NFJEX vs. SHXPX - Drawdown Comparison

The maximum NFJEX drawdown since its inception was -61.94%, which is greater than SHXPX's maximum drawdown of -52.00%. Use the drawdown chart below to compare losses from any high point for NFJEX and SHXPX.

Drawdown Indicators

	NFJEX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-61.94%	-52.00%	-9.94%
Max Drawdown (1Y) Largest decline over 1 year	-7.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.25%	—	—
Current Drawdown Current decline from peak	-0.83%	-52.00%	+51.17%
Average Drawdown Average peak-to-trough decline	-9.59%	-2.90%	-6.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	—	—

Volatility

Volatility by Period

	NFJEX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	194.69%	-181.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	194.69%	-178.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	194.69%	-176.59%

NFJEX vs. SHXPX - Expense Ratio Comparison

NFJEX has a 0.70% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

NFJEX vs. SHXPX - Dividend Comparison

NFJEX's dividend yield for the trailing twelve months is around 10.36%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFJEX Virtus NFJ Dividend Value Fund	10.36%	12.61%	3.51%	14.16%	19.01%	6.43%	1.96%	14.20%	27.33%	27.35%	6.05%	2.77%
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 NFJEX and SHXPX in my portfolio?

NFJEX and SHXPX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.