MPV vs. USA
MPV (Barings Participation Investors) and USA (Liberty All-Star Equity Fund) are both stocks. Both are in the Financial Services sector — MPV in Asset Management, USA in Collective Investments. Over the past 10 years, MPV returned 8.97%/yr vs 12.11%/yr for USA. Their 0.09 correlation means their historical movements had little consistent relationship.
Performance
MPV vs. USA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MPV achieves a 4.54% return, which is significantly higher than USA's 0.57% return. Over the past 10 years, MPV has underperformed USA with an annualized return of 8.97%, while USA has yielded a comparatively higher 12.11% annualized return.
MPV
- 1D
- 0.53%
- 1M
- -0.43%
- 6M
- -11.92%
- YTD
- 4.54%
- 1Y
- -7.47%
- 3Y*
- 17.22%
- 5Y*
- 11.91%
- 10Y*
- 8.97%
- ALL TIME*
- 9.17%
USA
- 1D
- 0.00%
- 1M
- 3.10%
- 6M
- 1.24%
- YTD
- 0.57%
- 1Y
- 0.97%
- 3Y*
- 5.91%
- 5Y*
- 2.63%
- 10Y*
- 12.11%
- ALL TIME*
- 7.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $300.93K | $247.62K | $237.76K | |
| $8.20M | $9.40M | $8.31M |
MPV vs. USA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPV Barings Participation Investors | 4.54% | 0.74% | 20.52% | 39.14% | -10.73% | 31.93% | -21.01% | 14.57% | 14.84% | 7.04% |
USA Liberty All-Star Equity Fund | 0.57% | 0.09% | 20.81% | 23.17% | -25.20% | 33.76% | 12.89% | 39.70% | -5.06% | 34.66% |
Correlation
The correlation between MPV and USA is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1989 | 0.09 |
Fundamentals
MPV:
$175.17M
USA:
$1.79B
MPV:
$2.83
USA:
$1.40
MPV:
5.74
USA:
4.14
MPV:
4.58
USA:
4.92
MPV:
1.07
USA:
0.85
MPV:
$38.16M
USA:
$355.74M
MPV:
$38.32M
USA:
$329.90M
MPV:
$0.00
USA:
$305.11M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MPV vs. USA — Risk / Return Rank
MPV
USA
MPV vs. USA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barings Participation Investors (MPV) and Liberty All-Star Equity Fund (USA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPV | USA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.01 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.03 | -0.30 |
| Martin ratioReturn relative to average drawdown | -0.74 | -0.08 | -0.66 |
Loading charts...
Drawdowns
MPV vs. USA - Drawdown Comparison
The maximum MPV drawdown since its inception was -54.02%, smaller than the maximum USA drawdown of -69.15%. Use the drawdown chart below to compare losses from any high point for MPV and USA.
Loading charts...
Drawdown Indicators
| MPV | USA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.02% | -69.15% | +15.13% |
Max Drawdown (1Y)Largest decline over 1 year | -20.76% | -13.65% | -7.11% |
Max Drawdown (3Y)Largest decline over 3 years | -20.76% | -17.69% | -3.07% |
Max Drawdown (5Y)Largest decline over 5 years | -22.63% | -34.05% | +11.42% |
Max Drawdown (10Y)Largest decline over 10 years | -54.02% | -47.07% | -6.95% |
Current DrawdownCurrent decline from peak | -16.12% | -4.83% | -11.29% |
Average DrawdownAverage peak-to-trough decline | -7.78% | -11.50% | +3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.26% | 5.16% | +4.10% |
Volatility
MPV vs. USA - Volatility Comparison
Barings Participation Investors (MPV) has a higher volatility of 5.66% compared to Liberty All-Star Equity Fund (USA) at 3.74%. This indicates that MPV's price experiences larger fluctuations and is considered to be riskier than USA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MPV | USA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 3.74% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 16.35% | 10.80% | +5.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.14% | 14.11% | +11.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.31% | 20.11% | +1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.91% | 22.56% | +3.35% |
Dividends
MPV vs. USA - Dividend Comparison
MPV's dividend yield for the trailing twelve months is around 9.10%, less than USA's 11.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPV Barings Participation Investors | 9.10% | 9.31% | 9.19% | 8.27% | 6.98% | 5.41% | 6.73% | 6.70% | 7.18% | 7.66% | 7.61% | 7.86% |
USA Liberty All-Star Equity Fund | 11.53% | 10.67% | 10.22% | 9.56% | 12.11% | 9.67% | 9.13% | 9.75% | 12.64% | 8.89% | 9.30% | 9.53% |
Financials
MPV vs. USA - Financials Comparison
This section allows you to compare key financial metrics between Barings Participation Investors and Liberty All-Star Equity Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
MPV and USA have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPV has higher volatility (5.66%) compared to USA (3.74%). In terms of maximum drawdown, MPV dropped -54.02% vs USA's -69.15%.
USA currently has the higher Sharpe Ratio (-0.03 vs -0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MPV and USA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer