PVCMX vs. SHDPX

Last updated Jun 5, 2026

PVCMX (Palm Valley Capital Fund Investor Class) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. At a correlation of -0.26, they often move in opposite directions. PVCMX charges 1.30%/yr vs 2.31%/yr for SHDPX.

Performance

PVCMX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palm Valley Capital Fund Investor Class (PVCMX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PVCMX

• 1D: -0.24%
• 1M: 0.16%
• YTD: 2.06%
• 6M: 3.05%
• 1Y: 5.56%
• 3Y*: 5.33%
• 5Y*: 4.19%
• 10Y*: —

SHDPX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PVCMX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
PVCMX Palm Valley Capital Fund Investor Class	-0.32%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.12%

Correlation

The correlation between PVCMX and SHDPX is -0.26, 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 29, 2026	-0.26

Return for Risk

PVCMX vs. SHDPX — Risk / Return Rank

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

PVCMX

PVCMX Risk / Return Rank: 23
PVCMX Sharpe Ratio Rank: 21
PVCMX Sortino Ratio Rank: 24
PVCMX Omega Ratio Rank: 20
PVCMX Calmar Ratio Rank: 27
PVCMX 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.

PVCMX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palm Valley Capital Fund Investor Class (PVCMX) 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.

	PVCMX	SHDPX	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.92	—	—
Martin ratio: Return relative to average drawdown	5.58	—	—
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

	PVCMX	SHDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	9.50	-8.44

Drawdowns

PVCMX vs. SHDPX - Drawdown Comparison

The maximum PVCMX drawdown since its inception was -7.44%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PVCMX and SHDPX.

Drawdown Indicators

	PVCMX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-7.44%	0.00%	-7.44%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.44%	—	—
Current Drawdown Current decline from peak	-0.48%	0.00%	-0.48%
Average Drawdown Average peak-to-trough decline	-1.28%	0.00%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	—	—

Volatility

Volatility by Period

	PVCMX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.21%	0.92%	+3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.21%	0.92%	+4.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.31%	0.92%	+5.39%

PVCMX vs. SHDPX - Expense Ratio Comparison

PVCMX has a 1.30% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

PVCMX vs. SHDPX - Dividend Comparison

PVCMX's dividend yield for the trailing twelve months is around 4.70%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PVCMX Palm Valley Capital Fund Investor Class	4.70%	4.80%	6.95%	4.84%	2.30%	1.98%	2.70%	0.71%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PVCMX and SHDPX in my portfolio?

PVCMX and SHDPX have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.