USA vs XOVR

Comparison between Liberty All-Star Equity Fund (USA, ETF) and ERSHARES PRIVATE-PUBLIC CROSSOVER ETF (XOVR, ETF).

5-Year PerformanceXOVR has outperformed USA, delivering a return of +5.1% compared to +1.5%

USA vs XOVR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USA(ETF)	XOVR(ETF)
Net Assets	$2B	$2B
Expense Ratio	N/A	0.75%
Max Drawdown	82.89%	72.78%
Sharpe Ratio	-0.60	0.35
5Y Beta	0.79	1.24
P/E Ratio	N/A	44.03
Forward P/E	N/A	27.77
PEG Ratio	N/A	0.34
5Y Dividends CAGR	5.01%	N/A
Debt to Equity	N/A	27.33%
P/S Ratio	N/A	8.62
P/B Ratio	N/A	9.88

Net Assets

USA

$2B

XOVR

$2B

Expense Ratio

USA

N/A

XOVR

0.75%

Max Drawdown

USA

82.89%

Winner

XOVR

72.78%

Sharpe Ratio

USA

-0.60

Winner

XOVR

0.35

5Y Beta

Winner

USA

0.79

XOVR

1.24

P/E Ratio

USA

N/A

XOVR

44.03

Forward P/E

USA

N/A

XOVR

27.77

PEG Ratio

USA

N/A

XOVR

0.34

5Y Dividends CAGR

USA

5.01%

XOVR

N/A

Debt to Equity

USA

N/A

XOVR

27.33%

P/S Ratio

USA

N/A

XOVR

8.62

P/B Ratio

USA

N/A

XOVR

9.88

USA vs XOVR - Historical Returns

Returns include dividend reinvestment.

Period	USA	XOVR
1 month	+0.17%	+6.11%
3 months	+3.69%	+15.38%
6 months	-1.60%	+0.05%
1 year	-4.91%	+8.89%
5 years(CAGR)	+1.46%	+5.10%
10 years(CAGR)	+12.19%	+10.23%
Max(CAGR)	+6.60%	+10.23%

USA

+0.17%

Winner

XOVR

+6.11%

USA

+3.69%

Winner

XOVR

+15.38%

USA

-1.60%

Winner

XOVR

+0.05%

USA

-4.91%

Winner

XOVR

+8.89%

5Y(CAGR)

USA

+1.46%

Winner

XOVR

+5.10%

10Y(CAGR)

Winner

USA

+12.19%

XOVR

+10.23%

Max(CAGR)

USA

+6.60%

Winner

XOVR

+10.23%

USA vs XOVR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USA	XOVR
2026	-3.48%	-0.05%
2025	-0.65%	+10.72%
2024	+22.04%	+37.69%
2023	+21.13%	+53.31%
2022	-25.15%	-40.54%
2021	+37.60%	-8.04%
2020	+11.48%	+47.73%
2019	+39.77%	+30.94%
2018	-4.91%	-6.28%
2017	+32.32%	+1.68%
2016	+8.93%	N/A
2015	-2.04%	N/A
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 XOVR Drawdown Comparison

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

The maximum drawdown for XOVR was -56.89%, occurring on Dec 28, 2022. Recovery took 1124 trading sessions.

The current USA drawdown is -8.68%. The current XOVR drawdown is -8.06%.

Rank	USA	XOVR
#1	-69.18% Jul 13, 2007 - Jul 30, 2013	-56.89% Feb 12, 2021 - Aug 6, 2025
#2	-50.47% May 21, 2001 - Mar 5, 2004	-29.58% Feb 19, 2020 - Jun 5, 2020
#3	-47.07% Feb 12, 2020 - Nov 17, 2020	-28.37% Aug 29, 2018 - Apr 29, 2019
#4	-33.98% Oct 11, 2021 - Jul 12, 2024	-24.32% Oct 27, 2025 - Mar 30, 2026
#5	-25.78% Sep 27, 2018 - Jun 18, 2019	-12.49% Apr 29, 2019 - Jul 26, 2019
#6	-21.83% May 14, 2015 - Dec 7, 2016	-11.84% Sep 2, 2020 - Oct 9, 2020
#7	-20.11% Nov 5, 1999 - Jun 16, 2000	-11.72% Oct 13, 2020 - Dec 4, 2020
#8	-18.49% Apr 5, 2004 - Feb 14, 2005	-10.56% Jul 26, 2019 - Nov 27, 2019
#9	-17.97% Aug 2, 2005 - Dec 20, 2006	-9.45% Mar 12, 2018 - Jun 1, 2018
#10	-17.69% Jan 28, 2025 - Apr 7, 2025	-8.56% Jan 29, 2018 - Mar 8, 2018
#11	-10.82% Jan 31, 2001 - May 1, 2001	-7.86% Dec 22, 2020 - Jan 8, 2021
#12	-10.47% Aug 27, 2014 - Nov 18, 2014	-7.65% Jan 20, 2021 - Feb 4, 2021
#13	-10.41% Apr 21, 2021 - Jun 1, 2021	-5.38% Jul 25, 2018 - Aug 29, 2018
#14	-10.03% Jan 26, 2018 - Jun 6, 2018	-5.06% Aug 5, 2020 - Aug 18, 2020
#15	-9.02% Feb 16, 2005 - Jul 26, 2005	-5.05% Jun 10, 2020 - Jun 22, 2020

Correlation

Correlation between USA and XOVR is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2000 - 2026)

USA vs XOVR dividend yield comparison.

Year	USA	XOVR
2026	5.75%	0.00%
2025	10.67%	0.00%
2024	10.22%	0.00%
2023	9.56%	0.00%
2022	12.11%	0.00%
2021	9.67%	57.75%
2020	9.13%	6.31%
2019	9.75%	0.08%
2018	12.64%	3.71%
2017	8.89%	0.08%
2016	9.30%	0.00%
2015	9.53%	0.00%
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%