AGOX vs ASG

Comparison between ADAPTIVE ALPHA OPPORTUNITIES ETF (AGOX, ETF) and Liberty All-Star Growth Fund Inc (ASG, ETF).

5-Year PerformanceAGOX has outperformed ASG, delivering a return of +8.7% compared to -1.1%

AGOX vs ASG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AGOX(ETF)	ASG(ETF)
Net Assets	$364M	$363M
Expense Ratio	1.33%	N/A
Max Drawdown	30.21%	84.48%
Sharpe Ratio	1.13	0.31
5Y Beta	0.98	1.09
5Y Dividends CAGR	N/A	-2.89%

Net Assets

Winner

AGOX

$364M

ASG

$363M

Expense Ratio

AGOX

1.33%

ASG

N/A

Max Drawdown

Winner

AGOX

30.21%

ASG

84.48%

Sharpe Ratio

Winner

AGOX

1.13

ASG

0.31

5Y Beta

Winner

AGOX

0.98

ASG

1.09

5Y Dividends CAGR

AGOX

N/A

ASG

-2.89%

AGOX vs ASG - Historical Returns

Returns include dividend reinvestment.

Period	AGOX	ASG
1 month	+6.89%	-0.38%
3 months	+21.80%	+4.79%
6 months	+18.24%	+1.34%
1 year	+25.65%	+7.00%
5 years(CAGR)	+8.68%	-1.12%
10 years(CAGR)	N/A	+11.44%
Max(CAGR)	+9.74%	+6.51%

Winner

AGOX

+6.89%

ASG

-0.38%

Winner

AGOX

+21.80%

ASG

+4.79%

Winner

AGOX

+18.24%

ASG

+1.34%

Winner

AGOX

+25.65%

ASG

+7.00%

5Y(CAGR)

Winner

AGOX

+8.68%

ASG

-1.12%

10Y(CAGR)

AGOX

N/A

ASG

+11.44%

Max(CAGR)

Winner

AGOX

+9.74%

ASG

+6.51%

AGOX vs ASG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AGOX	ASG
2026	+19.14%	+2.87%
2025	+7.02%	+2.85%
2024	+16.55%	+18.41%
2023	+19.27%	+15.87%
2022	-19.09%	-40.29%
2021	+9.84%	+24.85%
2020	N/A	+39.32%
2019	N/A	+57.70%
2018	N/A	-14.19%
2017	N/A	+43.89%
2016	N/A	+3.13%
2015	N/A	+4.26%
2014	N/A	+0.17%
2013	N/A	+44.76%
2012	N/A	+11.88%
2011	N/A	-4.53%
2010	N/A	+33.10%
2009	N/A	+29.43%
2008	N/A	-50.81%
2007	N/A	+23.66%
2006	N/A	+9.69%
2005	N/A	-8.80%
2004	N/A	+9.47%
2003	N/A	+44.89%
2002	N/A	-33.18%
2001	N/A	-1.79%
2000	N/A	-5.79%
1999	N/A	+4.85%

AGOX vs ASG Drawdown Comparison

The maximum drawdown for AGOX was -26.92%, occurring on Oct 14, 2022. Recovery took 578 trading sessions.

The maximum drawdown for ASG was -63.66%, occurring on Nov 20, 2008. Recovery took 820 trading sessions.

The current AGOX drawdown is -1.85%. The current ASG drawdown is -20.09%.

Rank	AGOX	ASG
#1	-26.92% Nov 16, 2021 - Mar 7, 2024	-63.66% Dec 26, 2007 - Mar 29, 2011
#2	-21.15% Jan 23, 2025 - Jun 30, 2025	-55.24% Sep 1, 2000 - Dec 26, 2007
#3	-15.36% Oct 28, 2025 - Apr 15, 2026	-45.88% Nov 12, 2021 - Oct 14, 2022
#4	-8.86% Aug 19, 2024 - Oct 14, 2024	-45.72% Sep 13, 2018 - Jan 17, 2020
#5	-8.25% Mar 7, 2024 - May 24, 2024	-42.54% Feb 5, 2020 - Jul 15, 2020
#6	-8.15% Jul 10, 2024 - Aug 15, 2024	-26.14% Jul 21, 2011 - Jan 17, 2013
#7	-6.73% Dec 4, 2024 - Jan 22, 2025	-25.27% Jul 20, 2015 - Jan 13, 2017
#8	-6.18% Oct 14, 2024 - Dec 2, 2024	-15.14% Dec 27, 2013 - Apr 24, 2015
#9	-4.83% Jul 2, 2021 - Jul 29, 2021	-11.70% Oct 28, 2013 - Dec 23, 2013
#10	-4.61% Sep 2, 2021 - Oct 19, 2021	-11.58% Mar 23, 2000 - Jun 16, 2000
#11	-3.62% May 14, 2026 - Jun 1, 2026	-10.03% Apr 30, 2021 - May 20, 2021
#12	-3.44% Aug 11, 2021 - Aug 25, 2021	-9.67% Aug 31, 2020 - Oct 12, 2020
#13	-3.08% May 28, 2024 - Jun 12, 2024	-9.37% Jan 20, 2021 - Feb 5, 2021
#14	-2.95% Oct 9, 2025 - Oct 27, 2025	-9.27% Feb 10, 2021 - Apr 30, 2021
#15	-2.79% Apr 23, 2026 - May 6, 2026	-9.16% May 20, 2021 - Oct 19, 2021

Correlation

Correlation between AGOX and ASG is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53

-101

Dividend Comparison (2000 - 2026)

AGOX vs ASG dividend yield comparison.

Year	AGOX	ASG
2026	0.00%	4.42%
2025	3.23%	8.68%
2024	3.94%	8.32%
2023	0.27%	8.14%
2022	0.20%	10.14%
2021	6.36%	11.33%
2020	0.00%	7.68%
2019	0.00%	7.08%
2018	0.00%	10.48%
2017	0.00%	7.58%
2016	0.00%	8.61%
2015	0.00%	16.81%
2014	0.00%	6.40%
2013	0.00%	5.52%
2012	0.00%	6.65%
2011	0.00%	7.09%
2010	0.00%	5.88%
2009	0.00%	7.14%
2008	0.00%	18.08%
2007	0.00%	10.23%
2006	0.00%	10.99%
2005	0.00%	10.66%
2004	0.00%	9.53%
2003	0.00%	8.49%
2002	0.00%	13.27%
2001	0.00%	11.04%
2000	0.00%	7.31%