MPV vs GBUG

Comparison between Barings Participation Investors (MPV, ETF) and Sprott Active Gold & Silver Miners (GBUG, ETF).

MPV vs GBUG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPV(ETF)	GBUG(ETF)
Net Assets	$165M	$164M
Expense Ratio	N/A	0.90%
Max Drawdown	58.06%	33.18%
Sharpe Ratio	0.07	0.97
5Y Beta	0.16	0.79
5Y Dividends CAGR	18.25%	N/A

Net Assets

Winner

MPV

$165M

GBUG

$164M

Expense Ratio

MPV

N/A

GBUG

0.90%

Max Drawdown

MPV

58.06%

Winner

GBUG

33.18%

Sharpe Ratio

MPV

0.07

Winner

GBUG

0.97

5Y Beta

Winner

MPV

0.16

GBUG

0.79

5Y Dividends CAGR

MPV

18.25%

GBUG

N/A

MPV vs GBUG - Historical Returns

Returns include dividend reinvestment.

Period	MPV	GBUG
1 month	-1.62%	-8.86%
3 months	-10.03%	-24.27%
6 months	-11.18%	-2.91%
1 year	+0.85%	+46.01%
5 years(CAGR)	+12.68%	N/A
10 years(CAGR)	+9.43%	N/A
Max(CAGR)	+10.30%	+67.91%

Winner

MPV

-1.62%

GBUG

-8.86%

Winner

MPV

-10.03%

GBUG

-24.27%

MPV

-11.18%

Winner

GBUG

-2.91%

MPV

+0.85%

Winner

GBUG

+46.01%

5Y(CAGR)

MPV

+12.68%

GBUG

N/A

10Y(CAGR)

MPV

+9.43%

GBUG

N/A

Max(CAGR)

MPV

+10.30%

Winner

GBUG

+67.91%

MPV vs GBUG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MPV	GBUG
2026	+2.23%	-9.81%
2025	+0.65%	+118.97%
2024	+23.57%	N/A
2023	+38.90%	N/A
2022	-8.74%	N/A
2021	+32.50%	N/A
2020	-20.48%	N/A
2019	+13.29%	N/A
2018	+12.79%	N/A
2017	+7.17%	N/A
2016	+12.36%	N/A
2015	+12.35%	N/A
2014	+11.33%	N/A
2013	-2.17%	N/A
2012	-3.05%	N/A
2011	+22.51%	N/A
2010	+24.55%	N/A
2009	+42.89%	N/A
2008	-22.37%	N/A
2007	-4.22%	N/A
2006	+17.46%	N/A
2005	+13.65%	N/A
2004	+24.17%	N/A
2003	+37.18%	N/A
2002	+10.96%	N/A
2001	-8.20%	N/A
2000	+20.22%	N/A
1999	+1.28%	N/A

MPV vs GBUG Drawdown Comparison

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

The maximum drawdown for GBUG was -33.18%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current MPV drawdown is -14.30%. The current GBUG drawdown is -33.18%.

Rank	MPV	GBUG
#1	-54.02% Feb 7, 2020 - Aug 30, 2023	-33.18% Feb 27, 2026 - Jun 5, 2026
#2	-49.97% Mar 9, 2007 - May 13, 2010	-19.71% Jan 28, 2026 - Feb 26, 2026
#3	-21.77% Aug 28, 2001 - May 16, 2003	-19.37% Oct 16, 2025 - Dec 11, 2025
#4	-21.21% Nov 19, 1999 - Aug 21, 2000	-10.68% Mar 27, 2025 - Apr 10, 2025
#5	-19.70% Nov 26, 2025 - Dec 31, 2025	-10.29% Jun 5, 2025 - Aug 7, 2025
#6	-16.94% Aug 18, 2005 - Feb 16, 2006	-10.00% May 9, 2025 - May 23, 2025
#7	-16.94% Sep 20, 2012 - Aug 15, 2014	-8.90% Apr 16, 2025 - May 6, 2025
#8	-15.21% Feb 9, 2005 - May 27, 2005	-7.82% Feb 20, 2025 - Mar 13, 2025
#9	-13.78% Feb 20, 2025 - May 27, 2025	-7.05% Dec 26, 2025 - Jan 12, 2026
#10	-13.28% Jan 20, 2012 - Sep 19, 2012	-4.77% Sep 15, 2025 - Sep 22, 2025
#11	-12.19% Sep 12, 2016 - Sep 26, 2017	-4.62% Oct 8, 2025 - Oct 15, 2025
#12	-12.14% Aug 1, 2011 - Oct 14, 2011	-3.36% May 6, 2025 - May 9, 2025
#13	-10.76% Mar 9, 2011 - Jul 8, 2011	-3.34% Sep 22, 2025 - Sep 29, 2025
#14	-10.70% Jan 16, 2015 - May 18, 2015	-3.22% Aug 18, 2025 - Aug 21, 2025
#15	-10.32% Jul 10, 2024 - Sep 16, 2024	-2.07% Dec 11, 2025 - Dec 18, 2025

Correlation

Correlation between MPV and GBUG is 0.42 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.42

-101

Dividend Comparison (2000 - 2026)

MPV vs GBUG dividend yield comparison.

Year	MPV	GBUG
2026	2.23%	0.00%
2025	9.31%	1.56%
2024	9.19%	0.00%
2023	8.27%	0.00%
2022	6.98%	0.00%
2021	5.41%	0.00%
2020	6.73%	0.00%
2019	6.70%	0.00%
2018	7.18%	0.00%
2017	7.66%	0.00%
2016	7.61%	0.00%
2015	7.86%	0.00%
2014	8.16%	0.00%
2013	8.39%	0.00%
2012	7.76%	0.00%
2011	7.76%	0.00%
2010	7.20%	0.00%
2009	8.20%	0.00%
2008	11.05%	0.00%
2007	9.48%	0.00%
2006	8.10%	0.00%
2005	7.19%	0.00%
2004	8.26%	0.00%
2003	8.24%	0.00%
2002	9.15%	0.00%
2001	10.55%	0.00%
2000	9.41%	0.00%