VESMX vs. SHDPX

Last updated Jun 3, 2026

VESMX (VELA Small Cap Fund) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. VESMX charges 1.20%/yr vs 2.31%/yr for SHDPX.

Performance

VESMX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VELA Small Cap Fund (VESMX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VESMX

• 1D: 0.47%
• 1M: -1.12%
• YTD: 3.76%
• 6M: 4.95%
• 1Y: 17.03%
• 3Y*: 10.94%
• 5Y*: 6.19%
• 10Y*: —

SHDPX

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

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

VESMX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
VESMX VELA Small Cap Fund	0.43%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%

Return for Risk

VESMX vs. SHDPX — Risk / Return Rank

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

VESMX

VESMX Risk / Return Rank: 19
VESMX Sharpe Ratio Rank: 17
VESMX Sortino Ratio Rank: 18
VESMX Omega Ratio Rank: 16
VESMX Calmar Ratio Rank: 22
VESMX Martin Ratio Rank: 20

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.

VESMX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VELA Small Cap Fund (VESMX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). 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.

	VESMX	SHDPX	Difference
Sharpe ratio Return per unit of total volatility	1.19	—	—
Sortino ratio Return per unit of downside risk	1.79	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.76	—	—
Martin ratio Return relative to average drawdown	5.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VESMX	SHDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	—	—

Drawdowns

VESMX vs. SHDPX - Drawdown Comparison

The maximum VESMX drawdown since its inception was -20.35%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VESMX and SHDPX.

Drawdown Indicators

	VESMX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-20.35%	0.00%	-20.35%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.35%	—	—
Current Drawdown Current decline from peak	-3.23%	0.00%	-3.23%
Average Drawdown Average peak-to-trough decline	-4.57%	0.00%	-4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	—	—

Volatility

Volatility by Period

	VESMX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	0.00%	+14.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	0.00%	+17.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	0.00%	+18.23%

VESMX vs. SHDPX - Expense Ratio Comparison

VESMX has a 1.20% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

VESMX vs. SHDPX - Dividend Comparison

VESMX's dividend yield for the trailing twelve months is around 0.97%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VESMX VELA Small Cap Fund	0.97%	1.01%	0.22%	0.66%	0.69%	0.98%	0.06%