USA vs XSOE

Comparison between Liberty All-Star Equity Fund (USA, ETF) and WISDOMTREE EMERGING MARKETS EX-STATE-OWNED ENTERPRISES FUND (XSOE, ETF).

5-Year PerformanceXSOE has outperformed USA, delivering a return of +5.3% compared to +3.5%

USA vs XSOE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USA(ETF)	XSOE(ETF)
Net Assets	$2B	$2B
Expense Ratio	N/A	0.32%
Max Drawdown	82.89%	47.21%
Sharpe Ratio	-0.31	2.24
5Y Beta	0.80	0.79
5Y Dividends CAGR	5.01%	9.13%

Net Assets

USA

$2B

XSOE

$2B

Expense Ratio

USA

N/A

XSOE

0.32%

Max Drawdown

USA

82.89%

Winner

XSOE

47.21%

Sharpe Ratio

USA

-0.31

Winner

XSOE

2.24

5Y Beta

USA

0.80

Winner

XSOE

0.79

5Y Dividends CAGR

USA

5.01%

Winner

XSOE

9.13%

USA vs XSOE - Historical Returns

Returns include dividend reinvestment.

Period	USA	XSOE
1 month	+2.96%	+12.54%
3 months	-2.32%	+11.23%
6 months	-0.44%	+23.87%
1 year	-3.74%	+49.55%
5 years(CAGR)	+3.50%	+5.28%
10 years(CAGR)	+12.41%	+10.13%
Max(CAGR)	+6.63%	+7.93%

USA

+2.96%

Winner

XSOE

+12.54%

USA

-2.32%

Winner

XSOE

+11.23%

USA

-0.44%

Winner

XSOE

+23.87%

USA

-3.74%

Winner

XSOE

+49.55%

5Y(CAGR)

USA

+3.50%

Winner

XSOE

+5.28%

10Y(CAGR)

Winner

USA

+12.41%

XSOE

+10.13%

Max(CAGR)

USA

+6.63%

Winner

XSOE

+7.93%

USA vs XSOE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USA	XSOE
2026	-3.31%	+20.51%
2025	-0.65%	+30.05%
2024	+22.04%	+8.65%
2023	+21.13%	+9.13%
2022	-25.15%	-26.15%
2021	+37.60%	-6.70%
2020	+11.48%	+26.34%
2019	+39.77%	+25.07%
2018	-4.91%	-20.54%
2017	+32.32%	+49.23%
2016	+8.93%	+6.66%
2015	-2.04%	-11.84%
2014	+9.24%	+0.33%
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 XSOE Drawdown Comparison

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

The maximum drawdown for XSOE was -45.25%, occurring on Oct 24, 2022. Recovery took 1239 trading sessions.

The current USA drawdown is -8.52%.

Rank	USA	XSOE
#1	-69.18% Jul 13, 2007 - Jul 30, 2013	-45.25% Feb 16, 2021 - Jan 22, 2026
#2	-50.47% May 21, 2001 - Mar 5, 2004	-35.05% Jan 26, 2018 - Aug 5, 2020
#3	-47.07% Feb 12, 2020 - Nov 17, 2020	-31.24% Apr 28, 2015 - May 9, 2017
#4	-33.98% Oct 11, 2021 - Jul 12, 2024	-13.31% Feb 25, 2026 - Apr 17, 2026
#5	-25.78% Sep 27, 2018 - Jun 18, 2019	-6.06% Jan 22, 2015 - Apr 2, 2015
#6	-21.83% May 14, 2015 - Dec 7, 2016	-5.54% Nov 22, 2017 - Jan 2, 2018
#7	-20.11% Nov 5, 1999 - Jun 16, 2000	-5.52% Aug 28, 2020 - Oct 8, 2020
#8	-18.49% Apr 5, 2004 - Feb 14, 2005	-5.48% Jan 25, 2021 - Feb 5, 2021
#9	-17.97% Aug 2, 2005 - Dec 20, 2006	-4.10% Dec 10, 2014 - Dec 22, 2014
#10	-17.69% Jan 28, 2025 - Apr 7, 2025	-4.09% Dec 26, 2014 - Jan 20, 2015
#11	-10.82% Jan 31, 2001 - May 1, 2001	-3.41% Sep 19, 2017 - Oct 10, 2017
#12	-10.47% Aug 27, 2014 - Nov 18, 2014	-3.41% Jan 28, 2026 - Feb 10, 2026
#13	-10.41% Apr 21, 2021 - Jun 1, 2021	-3.37% Aug 8, 2017 - Aug 23, 2017
#14	-10.03% Jan 26, 2018 - Jun 6, 2018	-2.99% Oct 12, 2020 - Nov 4, 2020
#15	-9.02% Feb 16, 2005 - Jul 26, 2005	-2.59% Aug 6, 2020 - Aug 25, 2020

Correlation

Correlation between USA and XSOE is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2000 - 2026)

USA vs XSOE dividend yield comparison.

Year	USA	XSOE
2026	5.74%	0.10%
2025	10.67%	1.50%
2024	10.22%	1.44%
2023	9.56%	1.78%
2022	12.11%	2.53%
2021	9.67%	1.36%
2020	9.13%	1.02%
2019	9.75%	2.01%
2018	12.64%	1.56%
2017	8.89%	0.65%
2016	9.30%	1.43%
2015	9.53%	3.93%
2014	6.52%	0.21%
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%