RAFE vs MPV

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

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

RAFE vs MPV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

RAFE

$161M

MPV

$161M

Expense Ratio

RAFE

0.29%

MPV

N/A

Max Drawdown

Winner

RAFE

35.74%

MPV

58.06%

Sharpe Ratio

Winner

RAFE

1.93

MPV

-0.59

5Y Beta

RAFE

0.77

Winner

MPV

0.18

P/E Ratio

RAFE

23.26

MPV

N/A

Forward P/E

RAFE

16.64

MPV

N/A

PEG Ratio

RAFE

0.32

MPV

N/A

5Y Dividends CAGR

RAFE

7.74%

Winner

MPV

18.25%

5Y EPS CAGR

RAFE

10.09%

MPV

N/A

Debt to Equity

RAFE

82.67%

MPV

N/A

P/S Ratio

RAFE

1.70

MPV

N/A

P/B Ratio

RAFE

3.40

MPV

N/A

RAFE vs MPV - Historical Returns

Returns include dividend reinvestment.

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

Winner

RAFE

+1.52%

MPV

-9.51%

Winner

RAFE

+9.68%

MPV

-10.41%

Winner

RAFE

+13.99%

MPV

-17.73%

Winner

RAFE

+28.41%

MPV

-11.57%

5Y(CAGR)

RAFE

+11.46%

Winner

MPV

+11.61%

10Y(CAGR)

RAFE

N/A

MPV

+8.29%

Max(CAGR)

Winner

RAFE

+12.60%

MPV

+9.99%

RAFE vs MPV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	RAFE	MPV
2026	+15.18%	-4.04%
2025	+18.22%	+0.65%
2024	+14.02%	+23.57%
2023	+18.47%	+38.90%
2022	-14.77%	-8.74%
2021	+31.88%	+32.50%
2020	+4.90%	-20.48%
2019	+0.55%	+13.29%
2018	N/A	+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%

RAFE vs MPV Drawdown Comparison

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

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

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

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

Correlation

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

0.92

-101

Dividend Comparison (2000 - 2026)

RAFE vs MPV dividend yield comparison.

Year	RAFE	MPV
2026	0.79%	2.37%
2025	1.67%	9.31%
2024	1.79%	9.19%
2023	1.81%	8.27%
2022	2.22%	6.98%
2021	1.42%	5.41%
2020	2.36%	6.73%
2019	0.00%	6.70%
2018	0.00%	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%