USA vs XCEM

Comparison between Liberty All-Star Equity Fund (USA, ETF) and COLUMBIA EM CORE EX-CHINA ETF (XCEM, ETF).

5-Year PerformanceXCEM has outperformed USA, delivering a return of +11.4% compared to +1.5%

USA vs XCEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USA(ETF)	XCEM(ETF)
Net Assets	$2B	$2B
Expense Ratio	N/A	0.16%
Max Drawdown	82.89%	43.98%
Sharpe Ratio	-0.60	2.04
5Y Beta	0.79	0.88
5Y Dividends CAGR	5.01%	13.90%

Net Assets

USA

$2B

XCEM

$2B

Expense Ratio

USA

N/A

XCEM

0.16%

Max Drawdown

USA

82.89%

Winner

XCEM

43.98%

Sharpe Ratio

USA

-0.60

Winner

XCEM

2.04

5Y Beta

Winner

USA

0.79

XCEM

0.88

5Y Dividends CAGR

USA

5.01%

Winner

XCEM

13.90%

USA vs XCEM - Historical Returns

Returns include dividend reinvestment.

Period	USA	XCEM
1 month	+0.17%	+6.35%
3 months	+3.69%	+26.70%
6 months	-1.60%	+40.42%
1 year	-4.91%	+60.53%
5 years(CAGR)	+1.46%	+11.44%
10 years(CAGR)	+12.19%	+12.68%
Max(CAGR)	+6.60%	+12.36%

USA

+0.17%

Winner

XCEM

+6.35%

USA

+3.69%

Winner

XCEM

+26.70%

USA

-1.60%

Winner

XCEM

+40.42%

USA

-4.91%

Winner

XCEM

+60.53%

5Y(CAGR)

USA

+1.46%

Winner

XCEM

+11.44%

10Y(CAGR)

USA

+12.19%

Winner

XCEM

+12.68%

Max(CAGR)

USA

+6.60%

Winner

XCEM

+12.36%

USA vs XCEM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USA	XCEM
2026	-3.48%	+31.80%
2025	-0.65%	+33.80%
2024	+22.04%	+1.38%
2023	+21.13%	+20.52%
2022	-25.15%	-18.63%
2021	+37.60%	+6.23%
2020	+11.48%	+8.30%
2019	+39.77%	+18.74%
2018	-4.91%	-11.80%
2017	+32.32%	+33.04%
2016	+8.93%	+23.69%
2015	-2.04%	-0.89%
2014	+9.24%	N/A
2013	+28.69%	N/A
2012	+18.32%	N/A
2011	-8.62%	N/A
2010	+19.75%	N/A
2009	+30.27%	N/A
2008	-43.42%	N/A
2007	-5.19%	N/A
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 XCEM Drawdown Comparison

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

The maximum drawdown for XCEM was -41.24%, occurring on Mar 23, 2020. Recovery took 719 trading sessions.

The current USA drawdown is -8.68%. The current XCEM drawdown is -3.74%.

Rank	USA	XCEM
#1	-69.18% Jul 13, 2007 - Jul 30, 2013	-41.24% Jan 26, 2018 - Dec 3, 2020
#2	-50.47% May 21, 2001 - Mar 5, 2004	-29.65% Jun 4, 2021 - Jul 2, 2024
#3	-47.07% Feb 12, 2020 - Nov 17, 2020	-21.67% Oct 9, 2015 - Apr 13, 2016
#4	-33.98% Oct 11, 2021 - Jul 12, 2024	-18.87% Sep 26, 2024 - Jun 10, 2025
#5	-25.78% Sep 27, 2018 - Jun 18, 2019	-14.46% Feb 25, 2026 - Apr 17, 2026
#6	-21.83% May 14, 2015 - Dec 7, 2016	-10.00% Sep 6, 2016 - Jan 24, 2017
#7	-20.11% Nov 5, 1999 - Jun 16, 2000	-9.39% Jul 16, 2024 - Sep 24, 2024
#8	-18.49% Apr 5, 2004 - Feb 14, 2005	-9.16% Sep 17, 2015 - Oct 7, 2015
#9	-17.97% Aug 2, 2005 - Dec 20, 2006	-9.03% Apr 19, 2016 - Jun 8, 2016
#10	-17.69% Jan 28, 2025 - Apr 7, 2025	-8.95% Jun 2, 2026 - Jun 5, 2026
#11	-10.82% Jan 31, 2001 - May 1, 2001	-7.04% Jan 14, 2021 - Feb 11, 2021
#12	-10.47% Aug 27, 2014 - Nov 18, 2014	-6.25% Jun 8, 2016 - Jun 23, 2016
#13	-10.41% Apr 21, 2021 - Jun 1, 2021	-5.86% May 8, 2026 - May 26, 2026
#14	-10.03% Jan 26, 2018 - Jun 6, 2018	-5.64% May 7, 2021 - Jun 1, 2021
#15	-9.02% Feb 16, 2005 - Jul 26, 2005	-5.58% Feb 17, 2021 - May 7, 2021

Correlation

Correlation between USA and XCEM is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

USA vs XCEM dividend yield comparison.

Year	USA	XCEM
2026	5.75%	0.00%
2025	10.67%	3.25%
2024	10.22%	2.76%
2023	9.56%	1.22%
2022	12.11%	2.42%
2021	9.67%	1.94%
2020	9.13%	1.63%
2019	9.75%	2.11%
2018	12.64%	2.70%
2017	8.89%	9.56%
2016	9.30%	1.24%
2015	9.53%	2.63%
2014	6.52%	0.00%
2013	5.86%	0.00%
2012	6.71%	0.00%
2011	8.06%	0.00%
2010	6.29%	0.00%
2009	7.16%	0.00%
2008	18.57%	0.00%
2007	12.77%	0.00%
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%