MPV vs RAFE

Comparison between Barings Participation Investors (MPV, ETF) and PIMCO RAFI ESG U.S. ETF (RAFE, ETF).

5-Year PerformanceMPV has outperformed RAFE, delivering a return of +11.6% compared to +11.5%

MPV vs RAFE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPV(ETF)	RAFE(ETF)
Net Assets	$161M	$161M
Expense Ratio	N/A	0.29%
Max Drawdown	58.06%	35.74%
Sharpe Ratio	-0.59	1.93
5Y Beta	0.18	0.77
P/E Ratio	N/A	23.26
Forward P/E	N/A	16.64
PEG Ratio	N/A	0.32
5Y Dividends CAGR	18.25%	7.74%
5Y EPS CAGR	N/A	10.09%
Debt to Equity	N/A	82.67%
P/S Ratio	N/A	1.70
P/B Ratio	N/A	3.40

Net Assets

MPV

$161M

RAFE

$161M

Expense Ratio

MPV

N/A

RAFE

0.29%

Max Drawdown

MPV

58.06%

Winner

RAFE

35.74%

Sharpe Ratio

MPV

-0.59

Winner

RAFE

1.93

5Y Beta

Winner

MPV

0.18

RAFE

0.77

P/E Ratio

MPV

N/A

RAFE

23.26

Forward P/E

MPV

N/A

RAFE

16.64

PEG Ratio

MPV

N/A

RAFE

0.32

5Y Dividends CAGR

Winner

MPV

18.25%

RAFE

7.74%

5Y EPS CAGR

MPV

N/A

RAFE

10.09%

Debt to Equity

MPV

N/A

RAFE

82.67%

P/S Ratio

MPV

N/A

RAFE

1.70

P/B Ratio

MPV

N/A

RAFE

3.40

MPV vs RAFE - Historical Returns

Returns include dividend reinvestment.

Period	MPV	RAFE
1 month	-9.51%	+1.52%
3 months	-10.41%	+9.68%
6 months	-17.73%	+13.99%
1 year	-11.57%	+28.41%
5 years(CAGR)	+11.61%	+11.46%
10 years(CAGR)	+8.29%	N/A
Max(CAGR)	+9.99%	+12.60%

MPV

-9.51%

Winner

RAFE

+1.52%

MPV

-10.41%

Winner

RAFE

+9.68%

MPV

-17.73%

Winner

RAFE

+13.99%

MPV

-11.57%

Winner

RAFE

+28.41%

5Y(CAGR)

Winner

MPV

+11.61%

RAFE

+11.46%

10Y(CAGR)

MPV

+8.29%

RAFE

N/A

Max(CAGR)

MPV

+9.99%

Winner

RAFE

+12.60%

MPV vs RAFE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MPV	RAFE
2026	-4.04%	+15.18%
2025	+0.65%	+18.22%
2024	+23.57%	+14.02%
2023	+38.90%	+18.47%
2022	-8.74%	-14.77%
2021	+32.50%	+31.88%
2020	-20.48%	+4.90%
2019	+13.29%	+0.55%
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 RAFE Drawdown Comparison

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

The maximum drawdown for RAFE was -35.74%, occurring on Mar 23, 2020. Recovery took 199 trading sessions.

The current MPV drawdown is -19.55%. The current RAFE drawdown is -0.13%.

Rank	MPV	RAFE
#1	-54.02% Feb 7, 2020 - Aug 30, 2023	-35.74% Feb 12, 2020 - Nov 24, 2020
#2	-49.97% Mar 9, 2007 - May 13, 2010	-24.29% Jan 4, 2022 - Dec 26, 2023
#3	-21.77% Aug 28, 2001 - May 16, 2003	-16.36% Feb 19, 2025 - Jul 1, 2025
#4	-21.21% Nov 19, 1999 - Aug 21, 2000	-8.00% Jul 16, 2024 - Aug 30, 2024
#5	-19.70% Nov 26, 2025 - Dec 31, 2025	-7.46% Feb 11, 2026 - Apr 17, 2026
#6	-16.94% Aug 18, 2005 - Feb 16, 2006	-6.20% Mar 28, 2024 - Jun 18, 2024
#7	-16.94% Sep 20, 2012 - Aug 15, 2014	-5.61% Nov 25, 2024 - Feb 13, 2025
#8	-15.21% Feb 9, 2005 - May 27, 2005	-4.99% Jun 4, 2021 - Aug 6, 2021
#9	-13.78% Feb 20, 2025 - May 27, 2025	-4.62% Oct 27, 2025 - Nov 28, 2025
#10	-13.28% Jan 20, 2012 - Sep 19, 2012	-4.41% Nov 16, 2021 - Dec 16, 2021
#11	-12.19% Sep 12, 2016 - Sep 26, 2017	-4.27% Jan 17, 2020 - Feb 12, 2020
#12	-12.14% Aug 1, 2011 - Oct 14, 2011	-4.05% Jan 14, 2021 - Feb 8, 2021
#13	-10.76% Mar 9, 2011 - Jul 8, 2011	-3.99% Aug 11, 2021 - Oct 19, 2021
#14	-10.70% Jan 16, 2015 - May 18, 2015	-3.44% Aug 30, 2024 - Sep 19, 2024
#15	-10.32% Jul 10, 2024 - Sep 16, 2024	-3.37% Jul 23, 2025 - Aug 12, 2025

Correlation

Correlation between MPV and RAFE is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

MPV vs RAFE dividend yield comparison.

Year	MPV	RAFE
2026	2.37%	0.79%
2025	9.31%	1.67%
2024	9.19%	1.79%
2023	8.27%	1.81%
2022	6.98%	2.22%
2021	5.41%	1.42%
2020	6.73%	2.36%
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%