SHXPX vs. ACIIX

Last updated Aug 1, 2026

SHXPX (American Beacon Shapiro Equity Opportunities Fund) and ACIIX (American Century Equity Income Fund Class I) are both mutual funds - SHXPX is a Large Cap Value Equities fund managed by American Beacon, while ACIIX is a Dividend fund managed by American Century. Their -0.11 correlation means they have often moved in opposite directions in the past. SHXPX charges 1.21%/yr vs 0.72%/yr for ACIIX.

Performance

SHXPX vs. ACIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Shapiro Equity Opportunities Fund (SHXPX) and American Century Equity Income Fund Class I (ACIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SHXPX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ACIIX

• 1D: 0.00%
• 1M: 2.27%
• 6M: 9.01%
• YTD: 13.38%
• 1Y: 19.83%
• 3Y*: 11.90%
• 5Y*: 8.20%
• 10Y*: 9.16%
• ALL TIME*: 7.77%

*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)
ACIIX American Century Equity Income Fund Class I	$0.00	$0.00	$0.00

SHXPX vs. ACIIX - Yearly Performance Comparison

	2026 (YTD)
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%
ACIIX American Century Equity Income Fund Class I	5.85%

Correlation

The correlation between SHXPX and ACIIX is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.11

Return for Risk

SHXPX vs. ACIIX — Risk / Return Rank

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

SHXPX

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

ACIIX

ACIIX Risk / Return Rank: 84
ACIIX Sharpe Ratio Rank: 87
ACIIX Sortino Ratio Rank: 88
ACIIX Omega Ratio Rank: 82
ACIIX Calmar Ratio Rank: 85
ACIIX Martin Ratio Rank: 79

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.

SHXPX vs. ACIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and American Century Equity Income Fund Class I (ACIIX). 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.

	SHXPX	ACIIX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.13	—
Sortino ratio: Return per unit of downside risk	—	3.23	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	2.87	—
Martin ratio: Return relative to average drawdown	—	9.45	—

Drawdowns

Drawdown Indicators

	SHXPX	ACIIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-39.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.76%	—
Current Drawdown Current decline from peak	—	-0.63%	—
Average Drawdown Average peak-to-trough decline	—	-5.22%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.93%	—

Volatility

Volatility by Period

	SHXPX	ACIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	8.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	10.78%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.34%	—

SHXPX vs. ACIIX - Expense Ratio Comparison

SHXPX has a 1.21% expense ratio, which is higher than ACIIX's 0.72% expense ratio.

Dividends

SHXPX vs. ACIIX - Dividend Comparison

SHXPX's dividend yield for the trailing twelve months is around 108.18%, more than ACIIX's 9.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACIIX American Century Equity Income Fund Class I	9.48%	10.55%	11.71%	8.21%	8.96%	7.02%	2.18%	7.57%	9.05%	12.14%	8.08%	10.72%
SHXPX American Beacon Shapiro Equity Opportunities Fund	108.18%	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 SHXPX and ACIIX in my portfolio?

SHXPX and ACIIX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.