SHDPX vs. TSLTX

Last updated Jul 17, 2026

SHDPX (American Beacon Shapiro SMID Cap Equity Fund) and TSLTX (Transamerica Small Cap Value) are both Small Cap Value Equities funds. At a 0.41 correlation, their price movements are largely independent. SHDPX charges 2.31%/yr vs 0.80%/yr for TSLTX.

Performance

SHDPX vs. TSLTX - Performance Comparison

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

Returns By Period

SHDPX

• 1D: 0.00%
• 1M: 0.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLTX

• 1D: 0.31%
• 1M: 0.78%
• 6M: 17.21%
• YTD: 25.15%
• 1Y: 40.80%
• 3Y*: 17.44%
• 5Y*: 10.53%
• 10Y*: —

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

SHDPX vs. TSLTX - Yearly Performance Comparison

	2026 (YTD)
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.35%
TSLTX Transamerica Small Cap Value	3.03%

Correlation

The correlation between SHDPX and TSLTX is 0.41, 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	0.41

Return for Risk

SHDPX vs. TSLTX — Risk / Return Rank

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

SHDPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSLTX

TSLTX Risk / Return Rank: 91
TSLTX Sharpe Ratio Rank: 92
TSLTX Sortino Ratio Rank: 89
TSLTX Omega Ratio Rank: 84
TSLTX Calmar Ratio Rank: 97
TSLTX Martin Ratio Rank: 96

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.

SHDPX vs. TSLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro SMID Cap Equity Fund (SHDPX) and Transamerica Small Cap Value (TSLTX). 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.

	SHDPX	TSLTX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.58	—
Sortino ratio: Return per unit of downside risk	—	3.68	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	5.42	—
Martin ratio: Return relative to average drawdown	—	17.75	—

Drawdowns

SHDPX vs. TSLTX - Drawdown Comparison

The maximum SHDPX drawdown since its inception was 0.00%, smaller than the maximum TSLTX drawdown of -55.58%. Use the drawdown chart below to compare losses from any high point for SHDPX and TSLTX.

Drawdown Indicators

	SHDPX	TSLTX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.58%	+55.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.62%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-55.58%	—
Current Drawdown Current decline from peak	0.00%	-15.58%	+15.58%
Average Drawdown Average peak-to-trough decline	0.00%	-28.27%	+28.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.35%	—

Volatility

Volatility by Period

	SHDPX	TSLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.66%	16.45%	-15.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.66%	49.97%	-49.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.66%	43.33%	-42.67%

SHDPX vs. TSLTX - Expense Ratio Comparison

SHDPX has a 2.31% expense ratio, which is higher than TSLTX's 0.80% expense ratio.

Dividends

SHDPX vs. TSLTX - Dividend Comparison

SHDPX has not paid dividends to shareholders, while TSLTX's dividend yield for the trailing twelve months is around 4.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
TSLTX Transamerica Small Cap Value	4.30%	5.38%	27.99%	2.99%	21.70%	77.67%	0.24%	4.26%	11.17%

Frequently Asked Questions

Can I hold both SHDPX and TSLTX in my portfolio?

SHDPX and TSLTX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.