SHXPX vs. AVERX

Last updated Jun 4, 2026

SHXPX (American Beacon Shapiro Equity Opportunities Fund) and AVERX (Ave Maria Value Focused Fund) are both Large Cap Value Equities funds. At a correlation of -0.50, they often move in opposite directions. SHXPX charges 1.21%/yr vs 1.26%/yr for AVERX.

Performance

SHXPX vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Shapiro Equity Opportunities Fund (SHXPX) and Ave Maria Value Focused Fund (AVERX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SHXPX

• 1D: 0.06%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVERX

• 1D: 0.60%
• 1M: -2.04%
• YTD: 17.13%
• 6M: 16.12%
• 1Y: 16.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SHXPX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.45%
AVERX Ave Maria Value Focused Fund	-1.51%

Correlation

The correlation between SHXPX and AVERX is -0.50, 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	-0.50

Return for Risk

SHXPX vs. AVERX — Risk / Return Rank

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

AVERX

AVERX Risk / Return Rank: 14
AVERX Sharpe Ratio Rank: 12
AVERX Sortino Ratio Rank: 12
AVERX Omega Ratio Rank: 11
AVERX Calmar Ratio Rank: 22
AVERX Martin Ratio Rank: 14

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.

SHXPX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and Ave Maria Value Focused Fund (AVERX). 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

	SHXPX	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	23.86	0.85	+23.01

Drawdowns

SHXPX vs. AVERX - Drawdown Comparison

The maximum SHXPX drawdown since its inception was 0.00%, smaller than the maximum AVERX drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for SHXPX and AVERX.

Drawdown Indicators

	SHXPX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-11.33%	+11.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.27%	—
Current Drawdown Current decline from peak	0.00%	-8.88%	+8.88%
Average Drawdown Average peak-to-trough decline	0.00%	-5.73%	+5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.32%	—

Volatility

Volatility by Period

	SHXPX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	19.00%	-16.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	18.86%	-16.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	18.86%	-16.48%

SHXPX vs. AVERX - Expense Ratio Comparison

SHXPX has a 1.21% expense ratio, which is lower than AVERX's 1.26% expense ratio.

Dividends

SHXPX vs. AVERX - Dividend Comparison

SHXPX has not paid dividends to shareholders, while AVERX's dividend yield for the trailing twelve months is around 0.35%.

Position	TTM	2025
AVERX Ave Maria Value Focused Fund	0.35%	0.41%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both SHXPX and AVERX in my portfolio?

SHXPX and AVERX have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.