LSAF vs MPV

Comparison between LEADERSHARES(R) ALPHAFACTOR(R) US CORE EQUITY ETF (LSAF, ETF) and Barings Participation Investors (MPV, ETF).

5-Year PerformanceMPV has outperformed LSAF, delivering a return of +11.4% compared to +10.4%

LSAF vs MPV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LSAF(ETF)	MPV(ETF)
Net Assets	$161M	$161M
Expense Ratio	0.75%	N/A
Max Drawdown	41.67%	58.06%
Sharpe Ratio	1.23	-0.48
5Y Beta	0.88	0.18
P/E Ratio	22.52	N/A
Forward P/E	14.37	N/A
PEG Ratio	0.45	N/A
5Y Dividends CAGR	21.97%	18.25%
5Y EPS CAGR	13.53%	N/A
Debt to Equity	28.10%	N/A
P/S Ratio	1.22	N/A
P/B Ratio	3.31	N/A

Net Assets

LSAF

$161M

MPV

$161M

Expense Ratio

LSAF

0.75%

MPV

N/A

Max Drawdown

Winner

LSAF

41.67%

MPV

58.06%

Sharpe Ratio

Winner

LSAF

1.23

MPV

-0.48

5Y Beta

LSAF

0.88

Winner

MPV

0.18

P/E Ratio

LSAF

22.52

MPV

N/A

Forward P/E

LSAF

14.37

MPV

N/A

PEG Ratio

LSAF

0.45

MPV

N/A

5Y Dividends CAGR

Winner

LSAF

21.97%

MPV

18.25%

5Y EPS CAGR

LSAF

13.53%

MPV

N/A

Debt to Equity

LSAF

28.10%

MPV

N/A

P/S Ratio

LSAF

1.22

MPV

N/A

P/B Ratio

LSAF

3.31

MPV

N/A

LSAF vs MPV - Historical Returns

Returns include dividend reinvestment.

Period	LSAF	MPV
1 month	+2.17%	-8.20%
3 months	+6.76%	-10.16%
6 months	+12.85%	-17.90%
1 year	+21.44%	-10.46%
5 years(CAGR)	+10.41%	+11.39%
10 years(CAGR)	N/A	+8.40%
Max(CAGR)	+10.59%	+10.01%

Winner

LSAF

+2.17%

MPV

-8.20%

Winner

LSAF

+6.76%

MPV

-10.16%

Winner

LSAF

+12.85%

MPV

-17.90%

Winner

LSAF

+21.44%

MPV

-10.46%

5Y(CAGR)

LSAF

+10.41%

Winner

MPV

+11.39%

10Y(CAGR)

LSAF

N/A

MPV

+8.40%

Max(CAGR)

Winner

LSAF

+10.59%

MPV

+10.01%

LSAF vs MPV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LSAF	MPV
2026	+14.95%	-3.50%
2025	+11.70%	+0.65%
2024	+18.47%	+23.57%
2023	+16.95%	+38.90%
2022	-13.02%	-8.74%
2021	+24.05%	+32.50%
2020	+6.59%	-20.48%
2019	+28.51%	+13.29%
2018	-15.47%	+12.79%
2017	N/A	+7.17%
2016	N/A	+12.36%
2015	N/A	+12.35%
2014	N/A	+11.33%
2013	N/A	-2.17%
2012	N/A	-3.05%
2011	N/A	+22.51%
2010	N/A	+24.55%
2009	N/A	+42.89%
2008	N/A	-22.37%
2007	N/A	-4.22%
2006	N/A	+17.46%
2005	N/A	+13.65%
2004	N/A	+24.17%
2003	N/A	+37.18%
2002	N/A	+10.96%
2001	N/A	-8.20%
2000	N/A	+20.22%
1999	N/A	+1.28%

LSAF vs MPV Drawdown Comparison

The maximum drawdown for LSAF was -41.67%, occurring on Mar 23, 2020. Recovery took 193 trading sessions.

The maximum drawdown for MPV was -54.02%, occurring on Mar 23, 2020. Recovery took 896 trading sessions.

The current LSAF drawdown is -2.84%. The current MPV drawdown is -19.10%.

Rank	LSAF	MPV
#1	-41.67% Feb 12, 2020 - Nov 16, 2020	-54.02% Feb 7, 2020 - Aug 30, 2023
#2	-24.93% Jan 4, 2022 - Jan 22, 2024	-49.97% Mar 9, 2007 - May 13, 2010
#3	-20.74% Oct 2, 2018 - Jul 1, 2019	-21.77% Aug 28, 2001 - May 16, 2003
#4	-20.26% Nov 26, 2024 - Aug 22, 2025	-21.21% Nov 19, 1999 - Aug 21, 2000
#5	-7.65% Jul 16, 2024 - Aug 23, 2024	-20.70% Nov 26, 2025 - Jul 22, 2026
#6	-7.43% Jul 26, 2019 - Oct 25, 2019	-16.94% Aug 18, 2005 - Feb 16, 2006
#7	-6.99% Mar 28, 2024 - Jul 16, 2024	-16.94% Sep 20, 2012 - Aug 15, 2014
#8	-6.58% Feb 6, 2026 - Apr 13, 2026	-15.21% Feb 9, 2005 - May 27, 2005
#9	-6.43% Aug 30, 2021 - Nov 3, 2021	-13.78% Feb 20, 2025 - May 27, 2025
#10	-5.93% Nov 12, 2025 - Dec 5, 2025	-13.28% Jan 20, 2012 - Sep 19, 2012
#11	-5.90% Nov 16, 2021 - Dec 29, 2021	-12.19% Sep 12, 2016 - Sep 26, 2017
#12	-5.23% May 7, 2021 - Aug 3, 2021	-12.14% Aug 1, 2011 - Oct 14, 2011
#13	-5.10% Feb 12, 2021 - Mar 11, 2021	-10.76% Mar 9, 2011 - Jul 8, 2011
#14	-4.84% Aug 30, 2024 - Sep 19, 2024	-10.70% Jan 16, 2015 - May 18, 2015
#15	-4.62% Jan 20, 2021 - Feb 9, 2021	-10.32% Jul 10, 2024 - Sep 16, 2024

Correlation

Correlation between LSAF and MPV is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

LSAF vs MPV dividend yield comparison.

Year	LSAF	MPV
2026	0.00%	2.36%
2025	0.69%	9.31%
2024	0.42%	9.19%
2023	0.84%	8.27%
2022	0.96%	6.98%
2021	0.37%	5.41%
2020	0.53%	6.73%
2019	0.71%	6.70%
2018	0.20%	7.18%
2017	0.00%	7.66%
2016	0.00%	7.61%
2015	0.00%	7.86%
2014	0.00%	8.16%
2013	0.00%	8.39%
2012	0.00%	7.76%
2011	0.00%	7.76%
2010	0.00%	7.20%
2009	0.00%	8.20%
2008	0.00%	11.05%
2007	0.00%	9.48%
2006	0.00%	8.10%
2005	0.00%	7.19%
2004	0.00%	8.26%
2003	0.00%	8.24%
2002	0.00%	9.15%
2001	0.00%	10.55%
2000	0.00%	9.41%