NSDVX vs. SHDPX

Last updated Jun 4, 2026

NSDVX (North Star Dividend Fund) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. NSDVX charges 1.37%/yr vs 2.31%/yr for SHDPX.

Performance

NSDVX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Star Dividend Fund (NSDVX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NSDVX

• 1D: 0.04%
• 1M: 1.60%
• YTD: 15.13%
• 6M: 14.11%
• 1Y: 20.82%
• 3Y*: 11.37%
• 5Y*: 3.62%
• 10Y*: 7.17%

SHDPX

• 1D: 0.12%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NSDVX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
NSDVX North Star Dividend Fund	-1.14%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.12%

Correlation

The correlation between NSDVX and SHDPX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.87

Return for Risk

NSDVX vs. SHDPX — Risk / Return Rank

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

NSDVX

NSDVX Risk / Return Rank: 28
NSDVX Sharpe Ratio Rank: 28
NSDVX Sortino Ratio Rank: 30
NSDVX Omega Ratio Rank: 26
NSDVX Calmar Ratio Rank: 32
NSDVX Martin Ratio Rank: 25

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.

NSDVX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Star Dividend Fund (NSDVX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). 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.

	NSDVX	SHDPX	Difference
Sharpe ratio Return per unit of total volatility	1.51	—	—
Sortino ratio Return per unit of downside risk	2.26	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	2.13	—	—
Martin ratio Return relative to average drawdown	6.22	—	—
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

	NSDVX	SHDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	11.78	-11.31

Drawdowns

NSDVX vs. SHDPX - Drawdown Comparison

The maximum NSDVX drawdown since its inception was -38.64%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NSDVX and SHDPX.

Drawdown Indicators

	NSDVX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-38.64%	0.00%	-38.64%
Max Drawdown (1Y) Largest decline over 1 year	-10.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.64%	—	—
Current Drawdown Current decline from peak	-1.16%	0.00%	-1.16%
Average Drawdown Average peak-to-trough decline	-6.55%	0.00%	-6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	—	—

Volatility

Volatility by Period

	NSDVX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	1.07%	+13.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	1.07%	+15.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.69%	1.07%	+16.62%

NSDVX vs. SHDPX - Expense Ratio Comparison

NSDVX has a 1.37% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

NSDVX vs. SHDPX - Dividend Comparison

NSDVX's dividend yield for the trailing twelve months is around 2.90%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NSDVX North Star Dividend Fund	2.90%	3.45%	7.00%	2.52%	6.57%	3.31%	1.52%	2.64%	6.87%	2.48%	4.67%	3.51%
SHDPX American Beacon Shapiro SMID Cap Equity 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 NSDVX and SHDPX in my portfolio?

NSDVX and SHDPX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.