SHYPX vs. SHXPX

Last updated Jun 4, 2026

SHYPX (American Beacon SiM High Yld Opps Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both mutual funds - SHYPX is a High Yield Bonds fund managed by American Beacon, while SHXPX is a Large Cap Value Equities fund managed by American Beacon. At a correlation of -0.50, they often move in opposite directions. SHYPX charges 1.10%/yr vs 1.21%/yr for SHXPX.

Performance

SHYPX vs. SHXPX - Performance Comparison

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

Returns By Period

SHYPX

• 1D: 0.00%
• 1M: 0.03%
• YTD: 2.13%
• 6M: 2.69%
• 1Y: 9.64%
• 3Y*: 9.48%
• 5Y*: 5.30%
• 10Y*: 6.34%

SHXPX

• 1D: 0.06%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SHYPX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
SHYPX American Beacon SiM High Yld Opps Fund	0.35%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.45%

Correlation

The correlation between SHYPX and SHXPX is -0.50, 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 29, 2026	-0.50

Return for Risk

SHYPX vs. SHXPX — Risk / Return Rank

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

SHYPX

SHYPX Risk / Return Rank: 96
SHYPX Sharpe Ratio Rank: 97
SHYPX Sortino Ratio Rank: 98
SHYPX Omega Ratio Rank: 96
SHYPX Calmar Ratio Rank: 93
SHYPX 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.

SHYPX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon SiM High Yld Opps Fund (SHYPX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). 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.

	SHYPX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	3.64	—	—
Sortino ratio: Return per unit of downside risk	6.64	—	—
Omega ratio: Gain probability vs. loss probability	1.89	—	—
Calmar ratio: Return relative to maximum drawdown	5.22	—	—
Martin ratio: Return relative to average drawdown	26.45	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SHYPX	SHXPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.39	23.86	-22.47

Drawdowns

SHYPX vs. SHXPX - Drawdown Comparison

The maximum SHYPX drawdown since its inception was -24.85%, which is greater than SHXPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SHYPX and SHXPX.

Drawdown Indicators

	SHYPX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-24.85%	0.00%	-24.85%
Max Drawdown (1Y) Largest decline over 1 year	-1.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.85%	—	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.89%	0.00%	-1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	—	—

Volatility

Volatility by Period

	SHYPX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.73%	2.38%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.32%	2.38%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.12%	2.38%	+2.74%

SHYPX vs. SHXPX - Expense Ratio Comparison

SHYPX has a 1.10% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

SHYPX vs. SHXPX - Dividend Comparison

SHYPX's dividend yield for the trailing twelve months is around 5.93%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SHYPX American Beacon SiM High Yld Opps Fund	5.93%	6.63%	6.50%	7.39%	4.10%	5.09%	6.05%	5.91%	6.09%	5.52%	6.38%	4.95%

Frequently Asked Questions

Can I hold both SHYPX and SHXPX in my portfolio?

SHYPX and SHXPX have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.