SWLVX vs. SHXPX

Last updated Jun 23, 2026

SWLVX (Schwab U.S. Large-Cap Value Index Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.18, they often move in opposite directions. SWLVX charges 0.04%/yr vs 1.21%/yr for SHXPX.

Performance

SWLVX vs. SHXPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Value Index Fund (SWLVX) and American Beacon Shapiro Equity Opportunities Fund (SHXPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SWLVX

• 1D: 0.75%
• 1M: 2.84%
• YTD: 15.99%
• 6M: 15.35%
• 1Y: 30.01%
• 3Y*: 17.99%
• 5Y*: 11.71%
• 10Y*: —

SHXPX

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

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

SWLVX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
SWLVX Schwab U.S. Large-Cap Value Index Fund	2.11%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between SWLVX and SHXPX is -0.18, 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	-0.18

Return for Risk

SWLVX vs. SHXPX — Risk / Return Rank

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

SWLVX

SWLVX Risk / Return Rank: 88
SWLVX Sharpe Ratio Rank: 89
SWLVX Sortino Ratio Rank: 86
SWLVX Omega Ratio Rank: 81
SWLVX Calmar Ratio Rank: 91
SWLVX Martin Ratio Rank: 94

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.

SWLVX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value Index Fund (SWLVX) 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.

	SWLVX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	2.71	—	—
Sortino ratio: Return per unit of downside risk	3.77	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	4.46	—	—
Martin ratio: Return relative to average drawdown	18.60	—	—

Drawdowns

SWLVX vs. SHXPX - Drawdown Comparison

The maximum SWLVX drawdown since its inception was -38.34%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for SWLVX and SHXPX.

Drawdown Indicators

	SWLVX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-38.34%	-0.13%	-38.21%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.05%	—	—
Current Drawdown Current decline from peak	-0.63%	0.00%	-0.63%
Average Drawdown Average peak-to-trough decline	-4.82%	-0.01%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	—	—

Volatility

Volatility by Period

	SWLVX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	1.45%	+9.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.90%	1.45%	+13.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	1.45%	+17.09%

SWLVX vs. SHXPX - Expense Ratio Comparison

SWLVX has a 0.04% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

SWLVX vs. SHXPX - Dividend Comparison

SWLVX's dividend yield for the trailing twelve months is around 1.74%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.74%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%

Frequently Asked Questions

Can I hold both SWLVX and SHXPX in my portfolio?

SWLVX and SHXPX have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.