USA vs. EPD
USA (Liberty All-Star Equity Fund) and EPD (Enterprise Products Partners L.P.) are both stocks. USA operates in Asset Management (Financial Services), while EPD operates in Oil & Gas Midstream (Energy). Over the past 10 years, USA returned 12.12%/yr vs 10.45%/yr for EPD. At a 0.32 correlation, their price movements are largely independent.
Performance
USA vs. EPD - Performance Comparison
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Returns By Period
In the year-to-date period, USA achieves a -2.46% return, which is significantly lower than EPD's 20.66% return. Over the past 10 years, USA has outperformed EPD with an annualized return of 12.12%, while EPD has yielded a comparatively lower 10.45% annualized return.
USA
- 1D
- 0.52%
- 1M
- -0.34%
- YTD
- -2.46%
- 6M
- -0.07%
- 1Y
- -4.04%
- 3Y*
- 8.72%
- 5Y*
- 1.63%
- 10Y*
- 12.12%
EPD
- 1D
- -0.77%
- 1M
- 0.89%
- YTD
- 20.66%
- 6M
- 18.26%
- 1Y
- 27.33%
- 3Y*
- 21.14%
- 5Y*
- 16.72%
- 10Y*
- 10.45%
USA vs. EPD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USA Liberty All-Star Equity Fund | -2.46% | 0.09% | 20.81% | 23.17% | -25.20% | 33.76% | 12.89% | 39.70% | -5.06% | 34.66% |
EPD Enterprise Products Partners L.P. | 20.66% | 9.45% | 28.00% | 17.71% | 18.32% | 21.40% | -23.61% | 21.88% | -1.32% | 4.24% |
Correlation
The correlation between USA and EPD is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 1998 | 0.32 |
Over the past year, the correlation between USA and EPD has dropped to 0.00 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
USA:
$1.75B
EPD:
$82.06B
USA:
$1.42
EPD:
$2.69
USA:
4.09
EPD:
13.93
USA:
4.86
EPD:
1.59
USA:
$355.74M
EPD:
$51.57B
USA:
$329.90M
EPD:
$7.31B
USA:
$305.11M
EPD:
$10.11B
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Return for Risk
USA vs. EPD — Risk / Return Rank
USA
EPD
USA vs. EPD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty All-Star Equity Fund (USA) and Enterprise Products Partners L.P. (EPD). 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.
| USA | EPD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.84 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.31 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.63 | -3.89 |
| Martin ratioReturn relative to average drawdown | -0.64 | 11.00 | -11.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| USA | EPD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 1.74 | -2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.98 | -0.89 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.43 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.54 | -0.20 |
Drawdowns
USA vs. EPD - Drawdown Comparison
The maximum USA drawdown since its inception was -69.15%, which is greater than EPD's maximum drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for USA and EPD.
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Drawdown Indicators
| USA | EPD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.15% | -58.78% | -10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -15.28% | -7.56% | -7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -17.69% | -15.40% | -2.29% |
Max Drawdown (5Y)Largest decline over 5 years | -34.05% | -18.06% | -15.99% |
Max Drawdown (10Y)Largest decline over 10 years | -47.07% | -58.04% | +10.97% |
Current DrawdownCurrent decline from peak | -7.69% | -5.73% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -11.52% | -10.13% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.36% | 2.49% | +3.87% |
Volatility
USA vs. EPD - Volatility Comparison
The current volatility for Liberty All-Star Equity Fund (USA) is 2.25%, while Enterprise Products Partners L.P. (EPD) has a volatility of 6.17%. This indicates that USA experiences smaller price fluctuations and is considered to be less risky than EPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USA | EPD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 6.17% | -3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 10.17% | 13.16% | -2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 15.81% | -2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.24% | 17.23% | +3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.56% | 24.16% | -1.60% |
Dividends
USA vs. EPD - Dividend Comparison
USA's dividend yield for the trailing twelve months is around 11.72%, more than EPD's 5.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 5.84% | 6.74% | 6.63% | 7.51% | 7.79% | 8.20% | 9.09% | 6.23% | 6.97% | 6.29% | 5.88% | 5.90% |
USA Liberty All-Star Equity Fund | 11.72% | 10.67% | 10.22% | 9.56% | 12.11% | 9.67% | 9.13% | 9.75% | 12.64% | 8.89% | 9.30% | 9.53% |
Financials
USA vs. EPD - Financials Comparison
This section allows you to compare key financial metrics between Liberty All-Star Equity Fund and Enterprise Products Partners L.P.. 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
USA vs. EPD - Profitability Comparison
USA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty All-Star Equity Fund reported a gross profit of 110.71M and revenue of 119.52M. Therefore, the gross margin over that period was 92.6%.
EPD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a gross profit of 1.88B and revenue of 14.39B. Therefore, the gross margin over that period was 13.1%.
USA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty All-Star Equity Fund reported an operating income of 49.78M and revenue of 119.52M, resulting in an operating margin of 41.7%.
EPD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported an operating income of 1.82B and revenue of 14.39B, resulting in an operating margin of 12.6%.
USA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty All-Star Equity Fund reported a net income of 49.78M and revenue of 119.52M, resulting in a net margin of 41.7%.
EPD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a net income of 1.48B and revenue of 14.39B, resulting in a net margin of 10.3%.
Frequently Asked Questions
USA and EPD have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPD has higher volatility (6.17%) compared to USA (2.25%). In terms of maximum drawdown, USA dropped -69.15% vs EPD's -58.78%.
EPD currently has the higher Sharpe Ratio (1.74 vs -0.30), 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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