XSOE vs USA

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

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

XSOE vs USA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

XSOE

$2B

USA

$2B

Expense Ratio

XSOE

0.32%

USA

N/A

Max Drawdown

Winner

XSOE

47.21%

USA

82.89%

Sharpe Ratio

Winner

XSOE

2.24

USA

-0.31

5Y Beta

Winner

XSOE

0.79

USA

0.80

5Y Dividends CAGR

Winner

XSOE

9.13%

USA

5.01%

XSOE vs USA - Historical Returns

Returns include dividend reinvestment.

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

Winner

XSOE

+12.54%

USA

+2.96%

Winner

XSOE

+11.23%

USA

-2.32%

Winner

XSOE

+23.87%

USA

-0.44%

Winner

XSOE

+49.55%

USA

-3.74%

5Y(CAGR)

Winner

XSOE

+5.28%

USA

+3.50%

10Y(CAGR)

XSOE

+10.13%

Winner

USA

+12.41%

Max(CAGR)

Winner

XSOE

+7.93%

USA

+6.63%

XSOE vs USA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

XSOE vs USA Drawdown Comparison

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

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

The current USA drawdown is -8.52%.

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

Correlation

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

0.80

-101

Dividend Comparison (2000 - 2026)

XSOE vs USA dividend yield comparison.

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