NISYX vs. AHLPX
NISYX (American Beacon NIS Core Plus Bond Fund) and AHLPX (American Beacon AHL Managed Futures Strategy Fund) are both mutual funds - NISYX is a Intermediate Core-Plus Bond fund managed by American Beacon, while AHLPX is a Systematic Trend fund managed by American Beacon. Over the past 5 years, NISYX returned 0.46%/yr vs 4.93%/yr for AHLPX. At a correlation of -0.22, they often move in opposite directions. NISYX charges 0.53%/yr vs 1.83%/yr for AHLPX.
Performance
NISYX vs. AHLPX - Performance Comparison
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Returns By Period
In the year-to-date period, NISYX achieves a 0.52% return, which is significantly lower than AHLPX's 11.59% return.
NISYX
- 1D
- 0.23%
- 1M
- 0.96%
- YTD
- 0.52%
- 6M
- 0.89%
- 1Y
- 4.91%
- 3Y*
- 4.79%
- 5Y*
- 0.46%
- 10Y*
- —
AHLPX
- 1D
- 0.68%
- 1M
- -0.19%
- YTD
- 11.59%
- 6M
- 11.47%
- 1Y
- 29.68%
- 3Y*
- 3.65%
- 5Y*
- 4.93%
- 10Y*
- 4.63%
NISYX vs. AHLPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NISYX American Beacon NIS Core Plus Bond Fund | 0.52% | 7.34% | 2.91% | 5.88% | -13.42% | -0.01% | 1.27% |
AHLPX American Beacon AHL Managed Futures Strategy Fund | 11.59% | 2.19% | 1.74% | -4.20% | 16.48% | 4.67% | 7.90% |
Correlation
The correlation between NISYX and AHLPX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2020 | -0.22 |
The correlation between NISYX and AHLPX shifts across timeframes, from -0.24 (5 years) to 0.02 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NISYX vs. AHLPX — Risk / Return Rank
NISYX
AHLPX
NISYX vs. AHLPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon NIS Core Plus Bond Fund (NISYX) and American Beacon AHL Managed Futures Strategy Fund (AHLPX). 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.
| NISYX | AHLPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.49 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 5.79 | -4.01 |
| Martin ratioReturn relative to average drawdown | 4.90 | 18.28 | -13.37 |
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Drawdowns
NISYX vs. AHLPX - Drawdown Comparison
The maximum NISYX drawdown since its inception was -17.97%, smaller than the maximum AHLPX drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for NISYX and AHLPX.
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Drawdown Indicators
| NISYX | AHLPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.97% | -21.90% | +3.93% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -5.02% | +2.18% |
Max Drawdown (3Y)Largest decline over 3 years | -5.81% | -21.90% | +16.09% |
Max Drawdown (5Y)Largest decline over 5 years | -17.97% | -21.90% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.90% | — |
Current DrawdownCurrent decline from peak | -1.31% | -0.95% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -6.33% | -6.75% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.59% | -0.56% |
Volatility
NISYX vs. AHLPX - Volatility Comparison
The current volatility for American Beacon NIS Core Plus Bond Fund (NISYX) is 1.07%, while American Beacon AHL Managed Futures Strategy Fund (AHLPX) has a volatility of 2.43%. This indicates that NISYX experiences smaller price fluctuations and is considered to be less risky than AHLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NISYX | AHLPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 2.43% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 7.75% | -4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 10.82% | -7.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 9.63% | -4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.33% | 9.52% | -4.19% |
NISYX vs. AHLPX - Expense Ratio Comparison
NISYX has a 0.53% expense ratio, which is lower than AHLPX's 1.83% expense ratio.
Dividends
NISYX vs. AHLPX - Dividend Comparison
NISYX's dividend yield for the trailing twelve months is around 4.48%, less than AHLPX's 7.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHLPX American Beacon AHL Managed Futures Strategy Fund | 7.24% | 8.07% | 0.29% | 0.63% | 17.64% | 7.15% | 5.14% | 4.17% | 1.45% | 4.07% | 0.00% | 3.40% |
NISYX American Beacon NIS Core Plus Bond Fund | 4.48% | 4.37% | 4.42% | 3.17% | 2.27% | 2.09% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NISYX and AHLPX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AHLPX has higher volatility (2.43%) compared to NISYX (1.07%). In terms of maximum drawdown, NISYX dropped -17.97% vs AHLPX's -21.90%.
AHLPX currently has the higher Sharpe Ratio (2.69 vs 1.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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