USA vs PDP

Comparison between Liberty All-Star Equity Fund (USA, ETF) and INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF).

5-Year PerformancePDP has outperformed USA, delivering a return of +8.6% compared to +1.9%

USA vs PDP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USA(ETF)	PDP(ETF)
Net Assets	$2B	$2.10B
Expense Ratio	N/A	0.62%
Max Drawdown	82.89%	59.45%
Sharpe Ratio	-0.54	0.81
5Y Beta	0.79	1.17
P/E Ratio	N/A	55.97
Forward P/E	N/A	26.17
5Y Dividends CAGR	3.66%	9.90%
5Y EPS CAGR	N/A	23.98%
Debt to Equity	N/A	17.90%
P/S Ratio	N/A	3.63
P/B Ratio	N/A	8.35

Net Assets

USA

$2B

Winner

PDP

$2.10B

Expense Ratio

USA

N/A

PDP

0.62%

Max Drawdown

USA

82.89%

Winner

PDP

59.45%

Sharpe Ratio

USA

-0.54

Winner

PDP

0.81

5Y Beta

Winner

USA

0.79

PDP

1.17

P/E Ratio

USA

N/A

PDP

55.97

Forward P/E

USA

N/A

PDP

26.17

5Y Dividends CAGR

USA

3.66%

Winner

PDP

9.90%

5Y EPS CAGR

USA

N/A

PDP

23.98%

Debt to Equity

USA

N/A

PDP

17.90%

P/S Ratio

USA

N/A

PDP

3.63

P/B Ratio

USA

N/A

PDP

8.35

USA vs PDP - Historical Returns

Returns include dividend reinvestment.

Period	USA	PDP
1 month	+3.66%	-7.74%
3 months	+0.98%	+1.86%
6 months	-1.65%	+11.31%
1 year	-4.10%	+23.02%
5 years(CAGR)	+1.88%	+8.65%
10 years(CAGR)	+11.89%	+12.66%
Max(CAGR)	+6.65%	+9.76%

Winner

USA

+3.66%

PDP

-7.74%

USA

+0.98%

Winner

PDP

+1.86%

USA

-1.65%

Winner

PDP

+11.31%

USA

-4.10%

Winner

PDP

+23.02%

5Y(CAGR)

USA

+1.88%

Winner

PDP

+8.65%

10Y(CAGR)

USA

+11.89%

Winner

PDP

+12.66%

Max(CAGR)

USA

+6.65%

Winner

PDP

+9.76%

USA vs PDP - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USA	PDP
2026	-1.51%	+15.77%
2025	-0.65%	+8.02%
2024	+22.04%	+28.47%
2023	+21.13%	+21.82%
2022	-25.15%	-23.37%
2021	+37.60%	+9.40%
2020	+11.48%	+35.79%
2019	+39.77%	+34.74%
2018	-4.91%	-6.40%
2017	+32.32%	+22.97%
2016	+8.93%	+4.62%
2015	-2.04%	+1.55%
2014	+9.24%	+13.29%
2013	+28.69%	+28.69%
2012	+18.32%	+17.82%
2011	-8.62%	+0.33%
2010	+19.75%	+24.50%
2009	+30.27%	+24.87%
2008	-43.42%	-45.65%
2007	-5.19%	+13.82%
2006	+10.28%	N/A
2005	-5.71%	N/A
2004	+10.37%	N/A
2003	+50.09%	N/A
2002	-35.15%	N/A
2001	-2.94%	N/A
2000	+17.03%	N/A
1999	-7.83%	N/A

USA vs PDP Drawdown Comparison

The maximum drawdown for USA was -69.18%, occurring on Mar 9, 2009. Recovery took 1522 trading sessions.

The maximum drawdown for PDP was -59.34%, occurring on Mar 9, 2009. Recovery took 1087 trading sessions.

The current USA drawdown is -6.82%. The current PDP drawdown is -10.33%.

Rank	USA	PDP
#1	-69.18% Jul 13, 2007 - Jul 30, 2013	-59.34% Dec 10, 2007 - Apr 3, 2012
#2	-50.47% May 21, 2001 - Mar 5, 2004	-34.70% Feb 19, 2020 - Jul 17, 2020
#3	-47.07% Feb 12, 2020 - Nov 17, 2020	-33.92% Nov 8, 2021 - Jul 12, 2024
#4	-33.98% Oct 11, 2021 - Jul 12, 2024	-24.54% Sep 14, 2018 - Jun 10, 2019
#5	-25.78% Sep 27, 2018 - Jun 18, 2019	-23.79% Dec 4, 2024 - Sep 19, 2025
#6	-21.83% May 14, 2015 - Dec 7, 2016	-19.14% Mar 20, 2015 - Feb 9, 2017
#7	-20.11% Nov 5, 1999 - Jun 16, 2000	-13.91% Jul 13, 2007 - Oct 9, 2007
#8	-18.49% Apr 5, 2004 - Feb 14, 2005	-13.47% Feb 12, 2021 - Aug 5, 2021
#9	-17.97% Aug 2, 2005 - Dec 20, 2006	-12.12% Jun 22, 2026 - Jul 20, 2026
#10	-17.69% Jan 28, 2025 - Apr 7, 2025	-11.87% Oct 29, 2025 - Jan 13, 2026
#11	-10.82% Jan 31, 2001 - May 1, 2001	-11.63% Feb 25, 2026 - Apr 10, 2026
#12	-10.47% Aug 27, 2014 - Nov 18, 2014	-9.80% May 2, 2012 - Sep 14, 2012
#13	-10.41% Apr 21, 2021 - Jun 1, 2021	-9.76% Sep 5, 2014 - Nov 3, 2014
#14	-10.03% Jan 26, 2018 - Jun 6, 2018	-9.59% Jul 16, 2024 - Sep 19, 2024
#15	-9.02% Feb 16, 2005 - Jul 26, 2005	-9.53% Jan 26, 2018 - May 30, 2018

Correlation

Correlation between USA and PDP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2000 - 2026)

USA vs PDP dividend yield comparison.

Year	USA	PDP
2026	8.79%	0.00%
2025	10.67%	0.17%
2024	10.22%	0.15%
2023	9.56%	0.42%
2022	12.11%	0.45%
2021	9.67%	0.00%
2020	9.13%	0.11%
2019	9.75%	0.25%
2018	12.64%	0.18%
2017	8.89%	0.28%
2016	9.30%	0.81%
2015	9.53%	0.39%
2014	6.52%	0.15%
2013	5.86%	0.28%
2012	6.71%	0.85%
2011	8.06%	0.16%
2010	6.29%	0.24%
2009	7.16%	0.54%
2008	18.57%	0.27%
2007	12.77%	0.09%
2006	10.62%	0.00%
2005	9.54%	0.00%
2004	9.31%	0.00%
2003	8.25%	0.00%
2002	13.25%	0.00%
2001	10.82%	0.00%
2000	5.90%	0.00%