SHXPX vs. AVFIX

Last updated Jun 5, 2026

SHXPX (American Beacon Shapiro Equity Opportunities Fund) and AVFIX (American Beacon Small Cap Value Fund) are both mutual funds - SHXPX is a Large Cap Value Equities fund managed by American Beacon, while AVFIX is a Small Cap Value Equities fund managed by American Beacon. At a 0.40 correlation, their price movements are largely independent. SHXPX charges 1.21%/yr vs 0.81%/yr for AVFIX.

Performance

SHXPX vs. AVFIX - Performance Comparison

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

Returns By Period

SHXPX

• 1D: -0.13%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVFIX

• 1D: -1.12%
• 1M: 2.31%
• YTD: 21.03%
• 6M: 20.43%
• 1Y: 38.92%
• 3Y*: 15.91%
• 5Y*: 8.12%
• 10Y*: 10.28%

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

SHXPX vs. AVFIX - Yearly Performance Comparison

	2026 (YTD)
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.32%
AVFIX American Beacon Small Cap Value Fund	0.14%

Correlation

The correlation between SHXPX and AVFIX is 0.40, 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 29, 2026	0.40

Return for Risk

SHXPX vs. AVFIX — Risk / Return Rank

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

AVFIX

AVFIX Risk / Return Rank: 60
AVFIX Sharpe Ratio Rank: 50
AVFIX Sortino Ratio Rank: 51
AVFIX Omega Ratio Rank: 44
AVFIX Calmar Ratio Rank: 87
AVFIX Martin Ratio Rank: 67

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. AVFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and American Beacon Small Cap Value Fund (AVFIX). 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	AVFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	8.85	0.45	+8.40

Drawdowns

SHXPX vs. AVFIX - Drawdown Comparison

The maximum SHXPX drawdown since its inception was -0.13%, smaller than the maximum AVFIX drawdown of -61.40%. Use the drawdown chart below to compare losses from any high point for SHXPX and AVFIX.

Drawdown Indicators

	SHXPX	AVFIX	Difference
Max Drawdown Largest peak-to-trough decline	-0.13%	-61.40%	+61.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.78%	—
Current Drawdown Current decline from peak	-0.13%	-1.12%	+0.99%
Average Drawdown Average peak-to-trough decline	-0.03%	-9.21%	+9.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.99%	—

Volatility

Volatility by Period

	SHXPX	AVFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.95%	18.60%	-15.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.95%	22.49%	-19.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.95%	24.53%	-21.58%

SHXPX vs. AVFIX - Expense Ratio Comparison

SHXPX has a 1.21% expense ratio, which is higher than AVFIX's 0.81% expense ratio.

Dividends

SHXPX vs. AVFIX - Dividend Comparison

SHXPX has not paid dividends to shareholders, while AVFIX's dividend yield for the trailing twelve months is around 8.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVFIX American Beacon Small Cap Value Fund	8.84%	10.70%	8.67%	4.91%	17.72%	11.86%	0.88%	1.84%	15.05%	9.66%	3.04%	6.00%
SHXPX American Beacon Shapiro Equity Opportunities 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%

Frequently Asked Questions

Can I hold both SHXPX and AVFIX in my portfolio?

SHXPX and AVFIX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.