RVT vs. USA
RVT (Royce Value Trust Inc.) and USA (Liberty All-Star Equity Fund) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, RVT returned 13.31%/yr vs 12.16%/yr for USA. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
RVT vs. USA - Performance Comparison
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Returns By Period
In the year-to-date period, RVT achieves a 15.13% return, which is significantly higher than USA's -4.98% return. Over the past 10 years, RVT has outperformed USA with an annualized return of 13.31%, while USA has yielded a comparatively lower 12.16% annualized return.
RVT
- 1D
- -1.00%
- 1M
- -0.53%
- YTD
- 15.13%
- 6M
- 14.56%
- 1Y
- 32.51%
- 3Y*
- 20.28%
- 5Y*
- 7.53%
- 10Y*
- 13.31%
USA
- 1D
- -1.22%
- 1M
- -2.75%
- YTD
- -4.98%
- 6M
- -4.67%
- 1Y
- -4.39%
- 3Y*
- 7.02%
- 5Y*
- 0.89%
- 10Y*
- 12.16%
RVT vs. USA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RVT Royce Value Trust Inc. | 15.13% | 11.54% | 17.93% | 18.79% | -26.25% | 32.66% | 18.16% | 35.41% | -20.70% | 30.63% |
USA Liberty All-Star Equity Fund | -4.98% | 0.09% | 20.81% | 23.17% | -25.20% | 33.76% | 12.89% | 39.70% | -5.06% | 34.66% |
Correlation
The correlation between RVT and USA is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.52 |
The correlation between RVT and USA shifts across timeframes, from 0.52 (all time) to 0.71 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RVT:
$2.15B
USA:
$1.70B
RVT:
$4.02
USA:
$1.42
RVT:
4.46
USA:
3.98
RVT:
12.61
USA:
4.74
RVT:
1.00
USA:
0.83
RVT:
$170.31M
USA:
$355.74M
RVT:
$304.06M
USA:
$329.90M
RVT:
$439.27M
USA:
$305.11M
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Return for Risk
RVT vs. USA — Risk / Return Rank
RVT
USA
RVT vs. USA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Value Trust Inc. (RVT) 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.
| RVT | USA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.96 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | -0.29 | +2.97 |
| Martin ratioReturn relative to average drawdown | 9.38 | -0.67 | +10.05 |
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Drawdowns
RVT vs. USA - Drawdown Comparison
The maximum RVT drawdown since its inception was -72.34%, roughly equal to the maximum USA drawdown of -69.15%. Use the drawdown chart below to compare losses from any high point for RVT and USA.
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Drawdown Indicators
| RVT | USA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.34% | -69.15% | -3.19% |
Max Drawdown (1Y)Largest decline over 1 year | -12.19% | -15.28% | +3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.48% | -17.69% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -32.79% | -34.05% | +1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -47.18% | -47.07% | -0.11% |
Current DrawdownCurrent decline from peak | -2.92% | -10.08% | +7.16% |
Average DrawdownAverage peak-to-trough decline | -11.28% | -11.51% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 6.52% | -3.04% |
Volatility
RVT vs. USA - Volatility Comparison
Royce Value Trust Inc. (RVT) has a higher volatility of 6.08% compared to Liberty All-Star Equity Fund (USA) at 4.56%. This indicates that RVT'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.
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Volatility by Period
| RVT | USA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 4.56% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 13.92% | 10.82% | +3.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 13.94% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.49% | 20.31% | +2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.99% | 22.58% | +0.41% |
Dividends
RVT vs. USA - Dividend Comparison
RVT's dividend yield for the trailing twelve months is around 8.05%, less than USA's 12.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RVT Royce Value Trust Inc. | 8.05% | 8.82% | 8.04% | 7.35% | 9.95% | 8.52% | 6.44% | 7.45% | 10.68% | 7.17% | 7.62% | 10.54% |
USA Liberty All-Star Equity Fund | 12.04% | 10.67% | 10.22% | 9.56% | 12.11% | 9.67% | 9.13% | 9.75% | 12.64% | 8.89% | 9.30% | 9.53% |
Financials
RVT vs. USA - Financials Comparison
This section allows you to compare key financial metrics between Royce Value Trust Inc. 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
RVT and USA have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RVT has higher volatility (6.08%) compared to USA (4.56%). In terms of maximum drawdown, RVT dropped -72.34% vs USA's -69.15%.
RVT currently has the higher Sharpe Ratio (1.79 vs -0.32), 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.
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