Correlation
The correlation between SHXPX and VONG 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. VONG
Compare and contrast key facts about American Beacon Shapiro Equity Opportunities Fund (SHXPX) and Vanguard Russell 1000 Growth ETF (VONG).
SHXPX is managed by American Beacon. It was launched on Sep 12, 2017. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHXPX or VONG.
Performance
SHXPX vs. VONG - Performance Comparison
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Key characteristics
SHXPX:
-0.03
VONG:
0.71
SHXPX:
0.05
VONG:
1.02
SHXPX:
1.01
VONG:
1.14
SHXPX:
-0.06
VONG:
0.67
SHXPX:
-0.26
VONG:
2.20
SHXPX:
6.78%
VONG:
7.07%
SHXPX:
22.89%
VONG:
25.27%
SHXPX:
-43.24%
VONG:
-32.72%
SHXPX:
-18.27%
VONG:
-4.39%
Returns By Period
In the year-to-date period, SHXPX achieves a -0.73% return, which is significantly lower than VONG's -0.33% return.
SHXPX
-0.73%
8.93%
-7.45%
-0.69%
-1.32%
8.60%
N/A
VONG
-0.33%
9.06%
0.51%
17.75%
19.73%
17.61%
15.95%
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SHXPX vs. VONG - Expense Ratio Comparison
SHXPX has a 1.21% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
SHXPX vs. VONG — Risk-Adjusted Performance Rank
SHXPX
VONG
SHXPX vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Shapiro Equity Opportunities Fund (SHXPX) and Vanguard Russell 1000 Growth ETF (VONG). 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. VONG - Dividend Comparison
SHXPX's dividend yield for the trailing twelve months is around 0.54%, which matches VONG's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
VONG Vanguard Russell 1000 Growth ETF | 0.54% | 0.55% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% |
Drawdowns
SHXPX vs. VONG - Drawdown Comparison
The maximum SHXPX drawdown since its inception was -43.24%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for SHXPX and VONG.
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Volatility
SHXPX vs. VONG - Volatility Comparison
American Beacon Shapiro Equity Opportunities Fund (SHXPX) has a higher volatility of 7.19% compared to Vanguard Russell 1000 Growth ETF (VONG) at 5.81%. This indicates that SHXPX's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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