VCIGX vs. SHXPX

Last updated Jun 24, 2026

VCIGX (VALIC Company I Dividend Value Fund) and SHXPX (American Beacon Shapiro Equity Opportunities Fund) are both Large Cap Value Equities funds. At a correlation of -0.17, they often move in opposite directions. VCIGX charges 0.68%/yr vs 1.21%/yr for SHXPX.

Performance

VCIGX vs. SHXPX - Performance Comparison

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

Returns By Period

VCIGX

• 1D: -0.15%
• 1M: 1.63%
• YTD: 9.64%
• 6M: 9.33%
• 1Y: 21.94%
• 3Y*: 14.09%
• 5Y*: 9.19%
• 10Y*: 9.97%

SHXPX

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

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

VCIGX vs. SHXPX - Yearly Performance Comparison

	2026 (YTD)
VCIGX VALIC Company I Dividend Value Fund	1.33%
SHXPX American Beacon Shapiro Equity Opportunities Fund	0.52%

Correlation

The correlation between VCIGX and SHXPX is -0.17, 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	-0.17

Return for Risk

VCIGX vs. SHXPX — Risk / Return Rank

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

VCIGX

VCIGX Risk / Return Rank: 65
VCIGX Sharpe Ratio Rank: 69
VCIGX Sortino Ratio Rank: 70
VCIGX Omega Ratio Rank: 63
VCIGX Calmar Ratio Rank: 59
VCIGX Martin Ratio Rank: 63

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.

VCIGX vs. SHXPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Dividend Value Fund (VCIGX) 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.

	VCIGX	SHXPX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.81	—	—
Martin ratio: Return relative to average drawdown	11.66	—	—

Drawdowns

VCIGX vs. SHXPX - Drawdown Comparison

The maximum VCIGX drawdown since its inception was -64.18%, which is greater than SHXPX's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for VCIGX and SHXPX.

Drawdown Indicators

	VCIGX	SHXPX	Difference
Max Drawdown Largest peak-to-trough decline	-64.18%	-0.13%	-64.05%
Max Drawdown (1Y) Largest decline over 1 year	-8.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.58%	—	—
Current Drawdown Current decline from peak	-0.79%	0.00%	-0.79%
Average Drawdown Average peak-to-trough decline	-13.26%	-0.01%	-13.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	—	—

Volatility

Volatility by Period

	VCIGX	SHXPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.40%	1.41%	+8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	1.41%	+12.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	1.41%	+14.93%

VCIGX vs. SHXPX - Expense Ratio Comparison

VCIGX has a 0.68% expense ratio, which is lower than SHXPX's 1.21% expense ratio.

Dividends

VCIGX vs. SHXPX - Dividend Comparison

VCIGX's dividend yield for the trailing twelve months is around 10.24%, while SHXPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%	0.00%
VCIGX VALIC Company I Dividend Value Fund	10.24%	0.00%	6.05%	18.85%	2.02%	4.42%	6.49%	12.74%	2.05%	9.71%

Frequently Asked Questions

Can I hold both VCIGX and SHXPX in my portfolio?

VCIGX and SHXPX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.