TWEIX vs. SHXPX

Last updated Jul 15, 2026

TWEIX (American Century Equity Income Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.15, they often move in opposite directions. TWEIX charges 0.94%/yr vs 1.21%/yr for SHXPX.

Performance

TWEIX vs. SHXPX - Performance Comparison

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

Returns By Period

TWEIX

• 1D: 0.22%
• 1M: 2.21%
• 6M: 9.23%
• YTD: 10.91%
• 1Y: 16.57%
• 3Y*: 11.65%
• 5Y*: 7.69%
• 10Y*: 8.64%

SHXPX

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

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

TWEIX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
TWEIX American Century Equity Income Fund	3.68%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.65%

Correlation

The correlation between TWEIX and SHXPX is -0.15, 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	-0.15

Return for Risk

TWEIX vs. SHXPX — Risk / Return Rank

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

TWEIX

TWEIX Risk / Return Rank: 70
TWEIX Sharpe Ratio Rank: 76
TWEIX Sortino Ratio Rank: 80
TWEIX Omega Ratio Rank: 69
TWEIX Calmar Ratio Rank: 72
TWEIX Martin Ratio Rank: 53

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.

TWEIX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Equity Income Fund (TWEIX) 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.

	TWEIX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.61	—	—
Martin ratio: Return relative to average drawdown	8.51	—	—

Drawdowns

TWEIX vs. SHXPX - Drawdown Comparison

The maximum TWEIX drawdown since its inception was -39.30%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for TWEIX and SHXPX.

Drawdown Indicators

	TWEIX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-39.30%	-0.13%	-39.17%
Max Drawdown (1Y) Largest decline over 1 year	-6.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.82%	—	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-4.15%	-0.01%	-4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	—	—

Volatility

Volatility by Period

	TWEIX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.53%	1.33%	+7.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.74%	1.33%	+9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.31%	1.33%	+11.98%

TWEIX vs. SHXPX - Expense Ratio Comparison

TWEIX has a 0.94% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

TWEIX vs. SHXPX - Dividend Comparison

TWEIX's dividend yield for the trailing twelve months is around 9.50%, 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%
TWEIX American Century Equity Income Fund	9.50%	10.35%	11.51%	8.02%	8.76%	6.83%	2.00%	7.38%	8.79%	11.95%	7.88%	10.49%

Frequently Asked Questions

Can I hold both TWEIX and SHXPX in my portfolio?

TWEIX and SHXPX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.