UPDDX vs. SHXPX

Last updated Jun 5, 2026

UPDDX (Upright Growth & Income Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. Their correlation of 0.80 suggests significant overlap in exposure. UPDDX charges 2.57%/yr vs 1.21%/yr for SHXPX.

Performance

UPDDX vs. SHXPX - Performance Comparison

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

Returns By Period

UPDDX

• 1D: -1.24%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHXPX

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

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

UPDDX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
UPDDX Upright Growth & Income Fund	2.39%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.32%

Correlation

The correlation between UPDDX and SHXPX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.80

Return for Risk

UPDDX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Growth & Income Fund (UPDDX) 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.

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

Sharpe Ratios by Period

	UPDDX	SHXPX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	15.08	8.85	+6.23

Drawdowns

UPDDX vs. SHXPX - Drawdown Comparison

The maximum UPDDX drawdown since its inception was -1.24%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for UPDDX and SHXPX.

Drawdown Indicators

	UPDDX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-1.24%	-0.13%	-1.11%
Current Drawdown Current decline from peak	-1.24%	-0.13%	-1.11%
Average Drawdown Average peak-to-trough decline	-0.39%	-0.03%	-0.36%

Volatility

Volatility by Period

	UPDDX	SHXPX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.35%	2.95%	+23.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.35%	2.95%	+23.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.35%	2.95%	+23.40%

UPDDX vs. SHXPX - Expense Ratio Comparison

UPDDX has a 2.57% expense ratio, which is higher than SHXPX's 1.21% expense ratio.

Dividends

UPDDX vs. SHXPX - Dividend Comparison

Neither UPDDX nor SHXPX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UPDDX and SHXPX in my portfolio?

UPDDX and SHXPX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.