ASG vs AGOX

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

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

ASG vs AGOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

ASG

$363M

Winner

AGOX

$364M

Expense Ratio

ASG

N/A

AGOX

1.33%

Max Drawdown

ASG

84.48%

Winner

AGOX

30.21%

Sharpe Ratio

ASG

0.31

Winner

AGOX

1.13

5Y Beta

ASG

1.09

Winner

AGOX

0.98

5Y Dividends CAGR

ASG

-2.89%

AGOX

N/A

ASG vs AGOX - Historical Returns

Returns include dividend reinvestment.

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

ASG

-0.38%

Winner

AGOX

+6.89%

ASG

+4.79%

Winner

AGOX

+21.80%

ASG

+1.34%

Winner

AGOX

+18.24%

ASG

+7.00%

Winner

AGOX

+25.65%

5Y(CAGR)

ASG

-1.12%

Winner

AGOX

+8.68%

10Y(CAGR)

ASG

+11.44%

AGOX

N/A

Max(CAGR)

ASG

+6.51%

Winner

AGOX

+9.74%

ASG vs AGOX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

ASG vs AGOX Drawdown Comparison

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

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

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

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

Correlation

Correlation between ASG and AGOX 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)

ASG vs AGOX dividend yield comparison.

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