SHXPX vs. MALVX

Last updated Jun 24, 2026

SHXPX (American Beacon Shapiro Equity Opportunities Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. At a correlation of -0.23, they often move in opposite directions. SHXPX charges 1.21%/yr vs 0.54%/yr for MALVX.

Performance

SHXPX vs. MALVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Shapiro Equity Opportunities Fund (SHXPX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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*: —

MALVX

• 1D: 0.54%
• 1M: 4.33%
• YTD: 19.19%
• 6M: 18.50%
• 1Y: 36.19%
• 3Y*: 21.58%
• 5Y*: 12.93%
• 10Y*: 13.27%

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

SHXPX vs. MALVX - Yearly Performance Comparison

	2026 (YTD)
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%
MALVX BlackRock Advantage Large Cap Value Fund	3.58%

Correlation

The correlation between SHXPX and MALVX is -0.23, 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	-0.23

Return for Risk

SHXPX vs. MALVX — 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.

MALVX

MALVX Risk / Return Rank: 95
MALVX Sharpe Ratio Rank: 97
MALVX Sortino Ratio Rank: 95
MALVX Omega Ratio Rank: 90
MALVX Calmar Ratio Rank: 96
MALVX Martin Ratio Rank: 97

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. MALVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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	MALVX	Difference
Sharpe ratio: Return per unit of total volatility	—	3.35	—
Sortino ratio: Return per unit of downside risk	—	4.65	—
Omega ratio: Gain probability vs. loss probability	—	1.61	—
Calmar ratio: Return relative to maximum drawdown	—	5.71	—
Martin ratio: Return relative to average drawdown	—	25.85	—

Drawdowns

SHXPX vs. MALVX - Drawdown Comparison

The maximum SHXPX drawdown since its inception was -0.13%, smaller than the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for SHXPX and MALVX.

Drawdown Indicators

	SHXPX	MALVX	Difference
Max Drawdown Largest peak-to-trough decline	-0.13%	-55.21%	+55.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.73%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.12%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.01%	-8.74%	+8.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	SHXPX	MALVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.41%	11.15%	-9.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.41%	14.81%	-13.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.41%	17.34%	-15.93%

SHXPX vs. MALVX - Expense Ratio Comparison

SHXPX has a 1.21% expense ratio, which is higher than MALVX's 0.54% expense ratio.

Dividends

SHXPX vs. MALVX - Dividend Comparison

SHXPX has not paid dividends to shareholders, while MALVX's dividend yield for the trailing twelve months is around 7.74%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MALVX BlackRock Advantage Large Cap Value Fund	7.74%	9.23%	14.33%	2.84%	5.96%	17.48%	1.68%	3.92%	12.95%	0.43%	1.38%	1.01%
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 MALVX in my portfolio?

SHXPX and MALVX have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.