SHOYX vs. JGH

Last updated Aug 1, 2026

SHOYX (American Beacon SiM High Yield Opportunities Fund Class Y) and JGH (Nuveen Global High Income Fund) are both High Yield Bonds funds. Over the past 10 years, SHOYX returned 6.08%/yr vs 7.61%/yr for JGH. Their 0.39 correlation means their historical movements had little consistent relationship. SHOYX charges 0.75%/yr vs 1.68%/yr for JGH.

Performance

SHOYX vs. JGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon SiM High Yield Opportunities Fund Class Y (SHOYX) and Nuveen Global High Income Fund (JGH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHOYX achieves a 1.93% return, which is significantly lower than JGH's 5.11% return. Over the past 10 years, SHOYX has underperformed JGH with an annualized return of 6.08%, while JGH has yielded a comparatively higher 7.61% annualized return.

SHOYX

• 1D: 0.11%
• 1M: -0.63%
• 6M: 1.10%
• YTD: 1.93%
• 1Y: 7.36%
• 3Y*: 8.47%
• 5Y*: 4.65%
• 10Y*: 6.08%
• ALL TIME*: 6.63%

JGH

• 1D: 0.08%
• 1M: -0.13%
• 6M: 1.68%
• YTD: 5.11%
• 1Y: 4.74%
• 3Y*: 13.20%
• 5Y*: 5.30%
• 10Y*: 7.61%
• ALL TIME*: 6.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JGH Nuveen Global High Income Fund	$971.44K	$1.41M	$1.21M
SHOYX American Beacon SiM High Yield Opportunities Fund Class Y	$0.00	$0.00	$0.00

SHOYX vs. JGH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHOYX American Beacon SiM High Yield Opportunities Fund Class Y	1.93%	9.52%	8.69%	11.30%	-8.20%	8.82%	6.49%	12.34%	-1.20%	7.32%
JGH Nuveen Global High Income Fund	5.11%	8.62%	15.98%	20.89%	-21.01%	10.84%	2.77%	30.04%	-12.02%	15.25%

Correlation

The correlation between SHOYX and JGH is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.41
Correlation (5Y) Shows whether the relationship held over a longer period.	0.45
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Nov 24, 2014	0.39

The correlation between SHOYX and JGH shifts across timeframes, from 0.39 (all time) to 0.49 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SHOYX vs. JGH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SHOYX

SHOYX Risk / Return Rank: 96
SHOYX Sharpe Ratio Rank: 97
SHOYX Sortino Ratio Rank: 98
SHOYX Omega Ratio Rank: 97
SHOYX Calmar Ratio Rank: 94
SHOYX Martin Ratio Rank: 97

JGH

JGH Risk / Return Rank: 12
JGH Sharpe Ratio Rank: 12
JGH Sortino Ratio Rank: 11
JGH Omega Ratio Rank: 13
JGH Calmar Ratio Rank: 12
JGH Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SHOYX vs. JGH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon SiM High Yield Opportunities Fund Class Y (SHOYX) and Nuveen Global High Income Fund (JGH). 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.

	SHOYX	JGH	Difference
Sharpe ratio: Return per unit of total volatility	2.82	0.46	+2.36
Sortino ratio: Return per unit of downside risk	5.00	0.69	+4.31
Omega ratio: Gain probability vs. loss probability	1.68	1.10	+0.58
Calmar ratio: Return relative to maximum drawdown	4.02	0.57	+3.45
Martin ratio: Return relative to average drawdown	19.12	1.35	+17.77

SHOYX vs. JGH - Sharpe Ratio Comparison

The current SHOYX Sharpe Ratio is 2.82, which is higher than the JGH Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of SHOYX and JGH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SHOYX vs. JGH - Drawdown Comparison

The maximum SHOYX drawdown since its inception was -24.66%, smaller than the maximum JGH drawdown of -43.79%. Use the drawdown chart below to compare losses from any high point for SHOYX and JGH.

Drawdown Indicators

	SHOYX	JGH	Difference
Max Drawdown Largest peak-to-trough decline	-24.66%	-43.79%	+19.13%
Max Drawdown (1Y) Largest decline over 1 year	-2.00%	-8.37%	+6.37%
Max Drawdown (3Y) Largest decline over 3 years	-3.67%	-13.70%	+10.03%
Max Drawdown (5Y) Largest decline over 5 years	-12.31%	-28.66%	+16.35%
Max Drawdown (10Y) Largest decline over 10 years	-24.66%	-43.79%	+19.13%
Current Drawdown Current decline from peak	-0.74%	-2.07%	+1.33%
Average Drawdown Average peak-to-trough decline	-1.87%	-6.93%	+5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	3.52%	-3.10%

Volatility

SHOYX vs. JGH - Volatility Comparison

The current volatility for American Beacon SiM High Yield Opportunities Fund Class Y (SHOYX) is 0.46%, while Nuveen Global High Income Fund (JGH) has a volatility of 2.52%. This indicates that SHOYX experiences smaller price fluctuations and is considered to be less risky than JGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOYX	JGH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	2.52%	-2.06%
Volatility (6M) Calculated over the trailing 6-month period	2.11%	7.61%	-5.50%
Volatility (1Y) Calculated over the trailing 1-year period	2.85%	10.44%	-7.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.32%	13.78%	-9.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.07%	15.87%	-10.80%

SHOYX vs. JGH - Expense Ratio Comparison

SHOYX has a 0.75% expense ratio, which is lower than JGH's 1.68% expense ratio.

Dividends

SHOYX vs. JGH - Dividend Comparison

SHOYX's dividend yield for the trailing twelve months is around 5.74%, less than JGH's 9.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGH Nuveen Global High Income Fund	9.91%	9.82%	9.67%	10.18%	12.05%	8.19%	7.13%	7.53%	9.88%	8.52%	9.61%	11.44%
SHOYX American Beacon SiM High Yield Opportunities Fund Class Y	5.74%	6.97%	5.67%	5.62%	4.38%	5.43%	6.30%	6.17%	6.36%	5.79%	6.63%	5.19%

Frequently Asked Questions

Can I hold both SHOYX and JGH in my portfolio?

SHOYX and JGH have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHOYX or JGH?

JGH has higher volatility (2.52%) compared to SHOYX (0.46%). In terms of maximum drawdown, SHOYX dropped -24.66% vs JGH's -43.79%.

Which has better risk-adjusted returns?

SHOYX currently has the higher Sharpe Ratio (2.82 vs 0.46), 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.