XOVR vs USA

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

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

XOVR vs USA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

XOVR

$2B

USA

$2B

Expense Ratio

XOVR

0.75%

USA

N/A

Max Drawdown

Winner

XOVR

72.78%

USA

82.89%

Sharpe Ratio

Winner

XOVR

0.35

USA

-0.60

5Y Beta

XOVR

1.24

Winner

USA

0.79

P/E Ratio

XOVR

44.03

USA

N/A

Forward P/E

XOVR

27.77

USA

N/A

PEG Ratio

XOVR

0.34

USA

N/A

5Y Dividends CAGR

XOVR

N/A

USA

5.01%

Debt to Equity

XOVR

27.33%

USA

N/A

P/S Ratio

XOVR

8.62

USA

N/A

P/B Ratio

XOVR

9.88

USA

N/A

XOVR vs USA - Historical Returns

Returns include dividend reinvestment.

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

Winner

XOVR

+6.11%

USA

+0.17%

Winner

XOVR

+15.38%

USA

+3.69%

Winner

XOVR

+0.05%

USA

-1.60%

Winner

XOVR

+8.89%

USA

-4.91%

5Y(CAGR)

Winner

XOVR

+5.10%

USA

+1.46%

10Y(CAGR)

XOVR

+10.23%

Winner

USA

+12.19%

Max(CAGR)

Winner

XOVR

+10.23%

USA

+6.60%

XOVR vs USA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XOVR	USA
2026	-0.05%	-3.48%
2025	+10.72%	-0.65%
2024	+37.69%	+22.04%
2023	+53.31%	+21.13%
2022	-40.54%	-25.15%
2021	-8.04%	+37.60%
2020	+47.73%	+11.48%
2019	+30.94%	+39.77%
2018	-6.28%	-4.91%
2017	+1.68%	+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%

XOVR vs USA Drawdown Comparison

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

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

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

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

Correlation

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

0.81

-101

Dividend Comparison (2000 - 2026)

XOVR vs USA dividend yield comparison.

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