SHDPX vs. VSMVX

Last updated Jun 4, 2026

SHDPX (American Beacon Shapiro SMID Cap Equity Fund) and VSMVX (Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares) are both Small Cap Value Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. SHDPX charges 2.31%/yr vs 0.08%/yr for VSMVX.

Performance

SHDPX vs. VSMVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Shapiro SMID Cap Equity Fund (SHDPX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SHDPX

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

VSMVX

• 1D: 1.11%
• 1M: 3.59%
• YTD: 16.60%
• 6M: 16.14%
• 1Y: 38.88%
• 3Y*: 14.55%
• 5Y*: 5.95%
• 10Y*: 10.38%

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

SHDPX vs. VSMVX - Yearly Performance Comparison

	2026 (YTD)
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.12%
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares	0.45%

Correlation

The correlation between SHDPX and VSMVX 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

SHDPX vs. VSMVX — Risk / Return Rank

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

VSMVX

VSMVX Risk / Return Rank: 67
VSMVX Sharpe Ratio Rank: 60
VSMVX Sortino Ratio Rank: 59
VSMVX Omega Ratio Rank: 50
VSMVX Calmar Ratio Rank: 89
VSMVX Martin Ratio Rank: 78

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. VSMVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro SMID Cap Equity Fund (SHDPX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX). 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.

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

Sharpe Ratios by Period

	SHDPX	VSMVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.28	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	11.78	0.50	+11.28

Drawdowns

SHDPX vs. VSMVX - Drawdown Comparison

The maximum SHDPX drawdown since its inception was 0.00%, smaller than the maximum VSMVX drawdown of -47.61%. Use the drawdown chart below to compare losses from any high point for SHDPX and VSMVX.

Drawdown Indicators

	SHDPX	VSMVX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-47.61%	+47.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.33%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.61%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-7.64%	+7.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.83%	—

Volatility

Volatility by Period

	SHDPX	VSMVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.07%	18.32%	-17.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.07%	22.02%	-20.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.07%	24.13%	-23.06%

SHDPX vs. VSMVX - Expense Ratio Comparison

SHDPX has a 2.31% expense ratio, which is higher than VSMVX's 0.08% expense ratio.

Dividends

SHDPX vs. VSMVX - Dividend Comparison

SHDPX has not paid dividends to shareholders, while VSMVX's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares	1.63%	1.45%	1.85%	1.92%	1.88%	1.66%	1.46%	1.65%	1.89%	1.55%	1.26%	1.42%

Frequently Asked Questions

Can I hold both SHDPX and VSMVX in my portfolio?

SHDPX and VSMVX 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.