Correlation
The correlation between SHXPX and SPUS is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
SHXPX vs. SPUS
Compare and contrast key facts about American Beacon Shapiro Equity Opportunities Fund (SHXPX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS).
SHXPX is managed by American Beacon. It was launched on Sep 12, 2017. SPUS is a passively managed fund by Toroso Investments that tracks the performance of the S&P 500 Shariah Industry Exclusions Index. It was launched on Dec 18, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHXPX or SPUS.
Performance
SHXPX vs. SPUS - Performance Comparison
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Key characteristics
SHXPX:
-0.03
SPUS:
0.46
SHXPX:
0.05
SPUS:
0.68
SHXPX:
1.01
SPUS:
1.09
SHXPX:
-0.06
SPUS:
0.37
SHXPX:
-0.26
SPUS:
1.24
SHXPX:
6.78%
SPUS:
6.85%
SHXPX:
22.89%
SPUS:
23.38%
SHXPX:
-43.24%
SPUS:
-30.80%
SHXPX:
-18.27%
SPUS:
-5.95%
Returns By Period
In the year-to-date period, SHXPX achieves a -0.73% return, which is significantly higher than SPUS's -2.23% return.
SHXPX
-0.73%
9.37%
-7.45%
-3.55%
-1.32%
8.60%
N/A
SPUS
-2.23%
6.91%
-2.22%
9.99%
15.19%
16.72%
N/A
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SHXPX vs. SPUS - Expense Ratio Comparison
SHXPX has a 1.21% expense ratio, which is higher than SPUS's 0.49% expense ratio.
Risk-Adjusted Performance
SHXPX vs. SPUS — Risk-Adjusted Performance Rank
SHXPX
SPUS
SHXPX vs. SPUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.
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Dividends
SHXPX vs. SPUS - Dividend Comparison
SHXPX's dividend yield for the trailing twelve months is around 0.54%, less than SPUS's 0.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SHXPX American Beacon Shapiro Equity Opportunities Fund | 0.54% | 0.54% | 0.63% | 8.35% | 6.58% | 2.04% | 5.11% | 3.02% | 0.16% |
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.72% | 0.71% | 0.87% | 1.21% | 0.93% | 1.04% | 0.00% | 0.00% | 0.00% |
Drawdowns
SHXPX vs. SPUS - Drawdown Comparison
The maximum SHXPX drawdown since its inception was -43.24%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for SHXPX and SPUS.
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Volatility
SHXPX vs. SPUS - Volatility Comparison
American Beacon Shapiro Equity Opportunities Fund (SHXPX) has a higher volatility of 7.19% compared to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) at 5.80%. This indicates that SHXPX's price experiences larger fluctuations and is considered to be riskier than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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