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USA vs. HQH
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

USA vs. HQH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Liberty All-Star Equity Fund (USA) and Tekla Healthcare Investors (HQH). The values are adjusted to include any dividend payments, if applicable.

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USA vs. HQH - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
USA
Liberty All-Star Equity Fund
-7.72%0.09%20.81%23.17%-25.20%33.76%12.89%39.70%-5.06%34.66%
HQH
Tekla Healthcare Investors
-0.42%34.12%10.22%1.22%-17.27%7.99%24.82%26.80%-13.08%15.97%

Fundamentals

Total Revenue (TTM)

USA:

$355.74M

HQH:

$21.06M

Gross Profit (TTM)

USA:

$329.90M

HQH:

$21.06M

EBITDA (TTM)

USA:

$305.11M

HQH:

$0.00

Returns By Period

In the year-to-date period, USA achieves a -7.72% return, which is significantly lower than HQH's -0.42% return. Over the past 10 years, USA has outperformed HQH with an annualized return of 11.94%, while HQH has yielded a comparatively lower 6.86% annualized return.


USA

1D
1.44%
1M
-5.85%
YTD
-7.72%
6M
-6.62%
1Y
-5.00%
3Y*
7.24%
5Y*
3.73%
10Y*
11.94%

HQH

1D
2.75%
1M
-3.18%
YTD
-0.42%
6M
4.66%
1Y
31.01%
3Y*
14.10%
5Y*
4.87%
10Y*
6.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

USA vs. HQH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USA
USA Risk / Return Rank: 2727
Overall Rank
USA Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
USA Sortino Ratio Rank: 2222
Sortino Ratio Rank
USA Omega Ratio Rank: 2323
Omega Ratio Rank
USA Calmar Ratio Rank: 3232
Calmar Ratio Rank
USA Martin Ratio Rank: 2828
Martin Ratio Rank

HQH
HQH Risk / Return Rank: 7777
Overall Rank
HQH Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
HQH Sortino Ratio Rank: 7474
Sortino Ratio Rank
HQH Omega Ratio Rank: 7373
Omega Ratio Rank
HQH Calmar Ratio Rank: 7878
Calmar Ratio Rank
HQH Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USA vs. HQH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liberty All-Star Equity Fund (USA) and Tekla Healthcare Investors (HQH). 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.


USAHQHDifference

Sharpe ratio

Return per unit of total volatility

-0.29

1.34

-1.63

Sortino ratio

Return per unit of downside risk

-0.30

1.83

-2.12

Omega ratio

Gain probability vs. loss probability

0.96

1.24

-0.28

Calmar ratio

Return relative to maximum drawdown

-0.28

2.14

-2.42

Martin ratio

Return relative to average drawdown

-0.76

7.04

-7.80

USA vs. HQH - Sharpe Ratio Comparison

The current USA Sharpe Ratio is -0.29, which is lower than the HQH Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of USA and HQH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


USAHQHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.29

1.34

-1.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

0.25

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.32

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.37

-0.04

Correlation

The correlation between USA and HQH is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

USA vs. HQH - Dividend Comparison

USA's dividend yield for the trailing twelve months is around 12.08%, less than HQH's 12.31% yield.


TTM20252024202320222021202020192018201720162015
USA
Liberty All-Star Equity Fund
12.08%10.67%10.22%9.56%12.11%9.67%9.13%9.75%12.64%8.89%9.30%9.53%
HQH
Tekla Healthcare Investors
12.31%11.56%14.21%9.66%9.50%8.59%7.97%8.24%10.75%8.78%9.80%11.97%

Drawdowns

USA vs. HQH - Drawdown Comparison

The maximum USA drawdown since its inception was -69.15%, which is greater than HQH's maximum drawdown of -62.36%. Use the drawdown chart below to compare losses from any high point for USA and HQH.


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Drawdown Indicators


USAHQHDifference

Max Drawdown

Largest peak-to-trough decline

-69.15%

-62.36%

-6.79%

Max Drawdown (1Y)

Largest decline over 1 year

-15.28%

-13.01%

-2.27%

Max Drawdown (5Y)

Largest decline over 5 years

-34.05%

-37.55%

+3.50%

Max Drawdown (10Y)

Largest decline over 10 years

-47.07%

-37.55%

-9.52%

Current Drawdown

Current decline from peak

-12.67%

-7.82%

-4.85%

Average Drawdown

Average peak-to-trough decline

-11.53%

-21.13%

+9.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.64%

3.96%

+1.68%

Volatility

USA vs. HQH - Volatility Comparison

The current volatility for Liberty All-Star Equity Fund (USA) is 5.71%, while Tekla Healthcare Investors (HQH) has a volatility of 8.58%. This indicates that USA experiences smaller price fluctuations and is considered to be less risky than HQH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


USAHQHDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.71%

8.58%

-2.87%

Volatility (6M)

Calculated over the trailing 6-month period

10.53%

16.02%

-5.49%

Volatility (1Y)

Calculated over the trailing 1-year period

17.40%

23.44%

-6.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.72%

19.47%

+1.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.54%

21.65%

+0.89%

Financials

USA vs. HQH - Financials Comparison

This section allows you to compare key financial metrics between Liberty All-Star Equity Fund and Tekla Healthcare Investors. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00M40.00M60.00M80.00M100.00M120.00M20212022202320242025
119.52M
5.46M
(USA) Total Revenue
(HQH) Total Revenue
Values in USD except per share items