SMVLX vs. SHXPX

Last updated Jun 24, 2026

SMVLX (Smead Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.17, they often move in opposite directions. SMVLX charges 1.26%/yr vs 1.21%/yr for SHXPX.

Performance

SMVLX vs. SHXPX - Performance Comparison

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

Returns By Period

SMVLX

• 1D: 0.62%
• 1M: 0.05%
• YTD: 14.42%
• 6M: 13.80%
• 1Y: 27.75%
• 3Y*: 13.78%
• 5Y*: 9.67%
• 10Y*: 12.71%

SHXPX

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

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

SMVLX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
SMVLX Smead Value Fund	1.03%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between SMVLX and SHXPX is -0.17, 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	-0.17

Return for Risk

SMVLX vs. SHXPX — Risk / Return Rank

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

SMVLX

SMVLX Risk / Return Rank: 62
SMVLX Sharpe Ratio Rank: 48
SMVLX Sortino Ratio Rank: 51
SMVLX Omega Ratio Rank: 45
SMVLX Calmar Ratio Rank: 92
SMVLX Martin Ratio Rank: 74

SHXPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SMVLX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smead Value Fund (SMVLX) 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.

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.

	SMVLX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	4.58	—	—
Martin ratio: Return relative to average drawdown	13.18	—	—

Drawdowns

SMVLX vs. SHXPX - Drawdown Comparison

The maximum SMVLX drawdown since its inception was -39.56%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for SMVLX and SHXPX.

Drawdown Indicators

	SMVLX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-39.56%	-0.13%	-39.43%
Max Drawdown (1Y) Largest decline over 1 year	-5.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.62%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.56%	—	—
Current Drawdown Current decline from peak	-2.62%	0.00%	-2.62%
Average Drawdown Average peak-to-trough decline	-4.58%	-0.01%	-4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	—	—

Volatility

Volatility by Period

	SMVLX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.28%	1.41%	+12.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	1.41%	+16.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.49%	1.41%	+18.08%

SMVLX vs. SHXPX - Expense Ratio Comparison

SMVLX has a 1.26% expense ratio, which is higher than SHXPX's 1.21% expense ratio.

Dividends

SMVLX vs. SHXPX - Dividend Comparison

SMVLX's dividend yield for the trailing twelve months is around 1.46%, 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%
SMVLX Smead Value Fund	1.46%	1.67%	1.08%	1.34%	1.78%	3.91%	1.40%	3.83%	7.47%	0.22%	3.14%	3.10%

Frequently Asked Questions

Can I hold both SMVLX and SHXPX in my portfolio?

SMVLX and SHXPX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.