SMVSX vs. SHDPX

Last updated Jun 5, 2026

SMVSX (Invesco Small Cap Value Fund Class R6) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. A 0.77 correlation means they provide meaningful diversification when combined. SMVSX charges 0.72%/yr vs 2.31%/yr for SHDPX.

Performance

SMVSX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Small Cap Value Fund Class R6 (SMVSX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMVSX

• 1D: -0.45%
• 1M: 5.50%
• YTD: 30.94%
• 6M: 31.75%
• 1Y: 61.97%
• 3Y*: 33.00%
• 5Y*: 19.81%
• 10Y*: —

SHDPX

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

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

SMVSX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
SMVSX Invesco Small Cap Value Fund Class R6	3.07%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.12%

Correlation

The correlation between SMVSX and SHDPX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.77

Return for Risk

SMVSX vs. SHDPX — Risk / Return Rank

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

SMVSX

SMVSX Risk / Return Rank: 87
SMVSX Sharpe Ratio Rank: 91
SMVSX Sortino Ratio Rank: 80
SMVSX Omega Ratio Rank: 77
SMVSX Calmar Ratio Rank: 94
SMVSX Martin Ratio Rank: 93

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.

SMVSX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Small Cap Value Fund Class R6 (SMVSX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). 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.

	SMVSX	SHDPX	Difference
Sharpe ratio: Return per unit of total volatility	3.04	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	5.49	—	—
Martin ratio: Return relative to average drawdown	19.50	—	—
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

	SMVSX	SHDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	9.50	-8.88

Drawdowns

SMVSX vs. SHDPX - Drawdown Comparison

The maximum SMVSX drawdown since its inception was -57.41%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SMVSX and SHDPX.

Drawdown Indicators

	SMVSX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-57.41%	0.00%	-57.41%
Max Drawdown (1Y) Largest decline over 1 year	-11.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.23%	—	—
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-8.57%	0.00%	-8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	—	—

Volatility

Volatility by Period

	SMVSX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.64%	0.92%	+19.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.18%	0.92%	+22.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.05%	0.92%	+26.13%

SMVSX vs. SHDPX - Expense Ratio Comparison

SMVSX has a 0.72% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

SMVSX vs. SHDPX - Dividend Comparison

SMVSX's dividend yield for the trailing twelve months is around 6.52%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMVSX Invesco Small Cap Value Fund Class R6	6.52%	8.54%	7.42%	4.78%	9.57%	15.80%	0.48%	2.36%	26.72%	15.91%

Frequently Asked Questions

Can I hold both SMVSX and SHDPX in my portfolio?

SMVSX and SHDPX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.