SHXPX vs. EHSTX

Last updated Jun 24, 2026

SHXPX (American Beacon Shapiro Equity Opportunities Fund) and EHSTX (Eaton Vance Large-Cap Value Fund) are both Large Cap Value Equities funds. At a correlation of -0.39, they often move in opposite directions. SHXPX charges 1.21%/yr vs 1.01%/yr for EHSTX.

Performance

SHXPX vs. EHSTX - Performance Comparison

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

Returns By Period

SHXPX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EHSTX

• 1D: 0.87%
• 1M: 1.90%
• YTD: 13.72%
• 6M: 13.00%
• 1Y: 23.83%
• 3Y*: 15.46%
• 5Y*: 9.92%
• 10Y*: 11.40%

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

SHXPX vs. EHSTX - Yearly Performance Comparison

	2026 (YTD)
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%
EHSTX Eaton Vance Large-Cap Value Fund	0.85%

Correlation

The correlation between SHXPX and EHSTX is -0.39, 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 28, 2026	-0.39

Return for Risk

SHXPX vs. EHSTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

EHSTX

EHSTX Risk / Return Rank: 63
EHSTX Sharpe Ratio Rank: 63
EHSTX Sortino Ratio Rank: 61
EHSTX Omega Ratio Rank: 56
EHSTX Calmar Ratio Rank: 67
EHSTX Martin Ratio Rank: 66

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. EHSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and Eaton Vance Large-Cap Value Fund (EHSTX). 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	EHSTX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.14	—
Sortino ratio: Return per unit of downside risk	—	2.98	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	2.99	—
Martin ratio: Return relative to average drawdown	—	12.02	—

Drawdowns

SHXPX vs. EHSTX - Drawdown Comparison

The maximum SHXPX drawdown since its inception was -0.13%, smaller than the maximum EHSTX drawdown of -53.47%. Use the drawdown chart below to compare losses from any high point for SHXPX and EHSTX.

Drawdown Indicators

	SHXPX	EHSTX	Difference
Max Drawdown Largest peak-to-trough decline	-0.13%	-53.47%	+53.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.30%	—
Current Drawdown Current decline from peak	0.00%	-0.20%	+0.20%
Average Drawdown Average peak-to-trough decline	-0.01%	-7.40%	+7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.06%	—

Volatility

Volatility by Period

	SHXPX	EHSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.41%	11.59%	-10.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.41%	14.77%	-13.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.41%	17.31%	-15.90%

SHXPX vs. EHSTX - Expense Ratio Comparison

SHXPX has a 1.21% expense ratio, which is higher than EHSTX's 1.01% expense ratio.

Dividends

SHXPX vs. EHSTX - Dividend Comparison

SHXPX has not paid dividends to shareholders, while EHSTX's dividend yield for the trailing twelve months is around 5.32%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EHSTX Eaton Vance Large-Cap Value Fund	5.32%	6.12%	4.03%	2.93%	4.25%	7.32%	1.94%	2.76%	10.94%	5.88%	1.33%	11.02%
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 EHSTX in my portfolio?

SHXPX and EHSTX have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.