TSWEX vs. SHXPX

Last updated Jul 3, 2026

TSWEX (TSW Large Cap Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a 0.05 correlation, their price movements are largely independent. TSWEX charges 0.75%/yr vs 1.21%/yr for SHXPX.

Performance

TSWEX vs. SHXPX - Performance Comparison

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

Returns By Period

TSWEX

• 1D: 1.02%
• 1M: 1.04%
• 6M: 7.74%
• YTD: 7.74%
• 1Y: -0.68%
• 3Y*: 8.89%
• 5Y*: 6.75%
• 10Y*: 9.93%

SHXPX

• 1D: 0.13%
• 1M: 0.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSWEX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
TSWEX TSW Large Cap Value Fund	0.17%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%

Correlation

The correlation between TSWEX and SHXPX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.05

Return for Risk

TSWEX vs. SHXPX — Risk / Return Rank

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

TSWEX

TSWEX Risk / Return Rank: 3
TSWEX Sharpe Ratio Rank: 3
TSWEX Sortino Ratio Rank: 3
TSWEX Omega Ratio Rank: 3
TSWEX Calmar Ratio Rank: 3
TSWEX Martin Ratio Rank: 3

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.

TSWEX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TSW Large Cap Value Fund (TSWEX) 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.

	TSWEX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	-0.06	—	—
Sortino ratio: Return per unit of downside risk	0.04	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.07	—	—
Martin ratio: Return relative to average drawdown	-0.14	—	—

Drawdowns

TSWEX vs. SHXPX - Drawdown Comparison

The maximum TSWEX drawdown since its inception was -53.14%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for TSWEX and SHXPX.

Drawdown Indicators

	TSWEX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-53.14%	-0.13%	-53.01%
Max Drawdown (1Y) Largest decline over 1 year	-14.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.90%	—	—
Current Drawdown Current decline from peak	-7.29%	0.00%	-7.29%
Average Drawdown Average peak-to-trough decline	-7.37%	-0.01%	-7.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.31%	—	—

Volatility

Volatility by Period

	TSWEX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.88%	1.33%	+16.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	1.33%	+13.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.26%	1.33%	+14.93%

TSWEX vs. SHXPX - Expense Ratio Comparison

TSWEX has a 0.75% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

TSWEX vs. SHXPX - Dividend Comparison

TSWEX's dividend yield for the trailing twelve months is around 1.53%, less than SHXPX's 108.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SHXPX American Beacon Shapiro Equity Opportunities Fund	108.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSWEX TSW Large Cap Value Fund	1.53%	1.05%	8.86%	8.12%	12.42%	13.07%	5.12%	4.40%	16.09%	8.52%	11.06%	6.91%

Frequently Asked Questions

Can I hold both TSWEX and SHXPX in my portfolio?

TSWEX and SHXPX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.