USTB vs USA

Comparison between VICTORYSHARES SHORT-TERM BOND ETF FORMERLY VICTORYSHARES USAA CORE SHORT-TERM BOND ETF VICTORYSHARES SHORT-TERM BOND ETF (USTB, ETF) and Liberty All-Star Equity Fund (USA, ETF).

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

USTB vs USA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USTB(ETF)	USA(ETF)
Net Assets	$2B	$2B
Expense Ratio	0.34%	N/A
Max Drawdown	7.56%	82.89%
Sharpe Ratio	0.98	-0.31
5Y Beta	0.01	0.80
5Y Dividends CAGR	15.32%	5.01%

Net Assets

USTB

$2B

USA

$2B

Expense Ratio

USTB

0.34%

USA

N/A

Max Drawdown

Winner

USTB

7.56%

USA

82.89%

Sharpe Ratio

Winner

USTB

0.98

USA

-0.31

5Y Beta

Winner

USTB

0.01

USA

0.80

5Y Dividends CAGR

Winner

USTB

15.32%

USA

5.01%

USTB vs USA - Historical Returns

Returns include dividend reinvestment.

Period	USTB	USA
1 month	+0.44%	+2.96%
3 months	+0.46%	-2.32%
6 months	+1.72%	-0.44%
1 year	+5.15%	-3.74%
5 years(CAGR)	+3.51%	+3.50%
10 years(CAGR)	+3.46%	+12.41%
Max(CAGR)	+3.46%	+6.63%

USTB

+0.44%

Winner

USA

+2.96%

Winner

USTB

+0.46%

USA

-2.32%

Winner

USTB

+1.72%

USA

-0.44%

Winner

USTB

+5.15%

USA

-3.74%

5Y(CAGR)

Winner

USTB

+3.51%

USA

+3.50%

10Y(CAGR)

USTB

+3.46%

Winner

USA

+12.41%

Max(CAGR)

USTB

+3.46%

Winner

USA

+6.63%

USTB vs USA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USTB	USA
2026	+1.03%	-3.31%
2025	+6.13%	-0.65%
2024	+6.81%	+22.04%
2023	+6.57%	+21.13%
2022	-2.72%	-25.15%
2021	+0.89%	+37.60%
2020	+5.00%	+11.48%
2019	+4.99%	+39.77%
2018	+1.12%	-4.91%
2017	+0.35%	+32.32%
2016	N/A	+8.93%
2015	N/A	-2.04%
2014	N/A	+9.24%
2013	N/A	+28.69%
2012	N/A	+18.32%
2011	N/A	-8.62%
2010	N/A	+19.75%
2009	N/A	+30.27%
2008	N/A	-43.42%
2007	N/A	-5.19%
2006	N/A	+10.28%
2005	N/A	-5.71%
2004	N/A	+10.37%
2003	N/A	+50.09%
2002	N/A	-35.15%
2001	N/A	-2.94%
2000	N/A	+17.03%
1999	N/A	-7.83%

USTB vs USA Drawdown Comparison

The maximum drawdown for USTB was -5.32%, occurring on Mar 24, 2020. Recovery took 65 trading sessions.

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

The current USTB drawdown is -0.04%. The current USA drawdown is -8.52%.

Rank	USTB	USA
#1	-5.32% Mar 4, 2020 - Jun 5, 2020	-69.18% Jul 13, 2007 - Jul 30, 2013
#2	-4.96% Sep 9, 2021 - Jul 13, 2023	-50.47% May 21, 2001 - Mar 5, 2004
#3	-1.02% Aug 30, 2023 - Nov 3, 2023	-47.07% Feb 12, 2020 - Nov 17, 2020
#4	-0.84% Feb 27, 2026 - May 1, 2026	-33.98% Oct 11, 2021 - Jul 12, 2024
#5	-0.81% Dec 29, 2017 - Aug 6, 2018	-25.78% Sep 27, 2018 - Jun 18, 2019
#6	-0.68% Sep 27, 2024 - Dec 3, 2024	-21.83% May 14, 2015 - Dec 7, 2016
#7	-0.67% Jul 13, 2023 - Aug 4, 2023	-20.11% Nov 5, 1999 - Jun 16, 2000
#8	-0.65% Apr 3, 2025 - Apr 28, 2025	-18.49% Apr 5, 2004 - Feb 14, 2005
#9	-0.62% Sep 4, 2019 - Oct 2, 2019	-17.97% Aug 2, 2005 - Dec 20, 2006
#10	-0.48% Apr 4, 2024 - May 2, 2024	-17.69% Jan 28, 2025 - Apr 7, 2025
#11	-0.46% Jan 31, 2024 - Mar 1, 2024	-10.82% Jan 31, 2001 - May 1, 2001
#12	-0.43% Aug 8, 2023 - Aug 25, 2023	-10.47% Aug 27, 2014 - Nov 18, 2014
#13	-0.40% Sep 21, 2018 - Nov 16, 2018	-10.41% Apr 21, 2021 - Jun 1, 2021
#14	-0.40% Oct 4, 2019 - Nov 22, 2019	-10.03% Jan 26, 2018 - Jun 6, 2018
#15	-0.38% Aug 2, 2024 - Aug 21, 2024	-9.02% Feb 16, 2005 - Jul 26, 2005

Correlation

Correlation between USTB and USA is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2000 - 2026)

USTB vs USA dividend yield comparison.

Year	USTB	USA
2026	1.57%	5.74%
2025	4.63%	10.67%
2024	5.05%	10.22%
2023	4.49%	9.56%
2022	2.54%	12.11%
2021	1.84%	9.67%
2020	2.59%	9.13%
2019	2.69%	9.75%
2018	2.32%	12.64%
2017	0.43%	8.89%
2016	0.00%	9.30%
2015	0.00%	9.53%
2014	0.00%	6.52%
2013	0.00%	5.86%
2012	0.00%	6.71%
2011	0.00%	8.06%
2010	0.00%	6.29%
2009	0.00%	7.16%
2008	0.00%	18.57%
2007	0.00%	12.77%
2006	0.00%	10.62%
2005	0.00%	9.54%
2004	0.00%	9.31%
2003	0.00%	8.25%
2002	0.00%	13.25%
2001	0.00%	10.82%
2000	0.00%	5.90%