VRTVX vs. SHDPX

Last updated Jun 24, 2026

VRTVX (Vanguard Russell 2000 Value Index Fund Institutional Shares) and SHDPX (American Beacon Shapiro SMID Cap Equity Fund) are both Small Cap Value Equities funds. At a 0.33 correlation, their price movements are largely independent. VRTVX charges 0.08%/yr vs 2.31%/yr for SHDPX.

Performance

VRTVX vs. SHDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX) and American Beacon Shapiro SMID Cap Equity Fund (SHDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VRTVX

• 1D: 0.47%
• 1M: 3.65%
• YTD: 21.21%
• 6M: 19.11%
• 1Y: 43.12%
• 3Y*: 19.49%
• 5Y*: 7.66%
• 10Y*: 10.93%

SHDPX

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

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

VRTVX vs. SHDPX - Yearly Performance Comparison

	2026 (YTD)
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	1.99%
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.23%

Correlation

The correlation between VRTVX and SHDPX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.33

Return for Risk

VRTVX vs. SHDPX — Risk / Return Rank

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

VRTVX

VRTVX Risk / Return Rank: 83
VRTVX Sharpe Ratio Rank: 82
VRTVX Sortino Ratio Rank: 79
VRTVX Omega Ratio Rank: 67
VRTVX Calmar Ratio Rank: 95
VRTVX Martin Ratio Rank: 93

SHDPX

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.

VRTVX vs. SHDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX) 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.

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.

	VRTVX	SHDPX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	—	—
Sortino ratio: Return per unit of downside risk	3.45	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	5.30	—	—
Martin ratio: Return relative to average drawdown	18.02	—	—

Drawdowns

VRTVX vs. SHDPX - Drawdown Comparison

The maximum VRTVX drawdown since its inception was -45.98%, which is greater than SHDPX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VRTVX and SHDPX.

Drawdown Indicators

	VRTVX	SHDPX	Difference
Max Drawdown Largest peak-to-trough decline	-45.98%	0.00%	-45.98%
Max Drawdown (1Y) Largest decline over 1 year	-8.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.98%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.75%	0.00%	-7.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	VRTVX	SHDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.28%	0.61%	+17.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.66%	0.61%	+21.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.75%	0.61%	+23.14%

VRTVX vs. SHDPX - Expense Ratio Comparison

VRTVX has a 0.08% expense ratio, which is lower than SHDPX's 2.31% expense ratio.

Dividends

VRTVX vs. SHDPX - Dividend Comparison

VRTVX's dividend yield for the trailing twelve months is around 1.65%, while SHDPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SHDPX American Beacon Shapiro SMID Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	1.65%	1.49%	1.84%	2.08%	2.15%	1.56%	1.54%	1.87%	2.17%	1.74%	1.52%	2.16%

Frequently Asked Questions

Can I hold both VRTVX and SHDPX in my portfolio?

VRTVX and SHDPX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.