XFLT vs. USA
XFLT (XAI Octagon Floating Rate & Alternative Income Term Trust) and USA (Liberty All-Star Equity Fund) are both stocks. Both are in the Financial Services sector — XFLT in Capital Markets, USA in Asset Management. Over the past 5 years, XFLT returned -5.93%/yr vs 0.89%/yr for USA. At a 0.28 correlation, their price movements are largely independent.
Performance
XFLT vs. USA - Performance Comparison
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Returns By Period
In the year-to-date period, XFLT achieves a -22.23% return, which is significantly lower than USA's -4.98% return.
XFLT
- 1D
- -0.06%
- 1M
- -7.61%
- YTD
- -22.23%
- 6M
- -19.20%
- 1Y
- -27.04%
- 3Y*
- -6.60%
- 5Y*
- -5.93%
- 10Y*
- —
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%
XFLT vs. USA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | -22.23% | -15.35% | 7.37% | 30.40% | -20.30% | 31.30% | 5.13% | 22.05% | -15.10% | -4.70% |
USA Liberty All-Star Equity Fund | -4.98% | 0.09% | 20.81% | 23.17% | -25.20% | 33.76% | 12.89% | 39.70% | -5.06% | 8.38% |
Correlation
The correlation between XFLT and USA is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.28 |
Fundamentals
XFLT:
$261.51M
USA:
$1.70B
XFLT:
-$3.38
USA:
$1.42
XFLT:
2.04
USA:
4.74
XFLT:
0.77
USA:
0.83
XFLT:
$127.88M
USA:
$355.74M
XFLT:
$65.98M
USA:
$329.90M
XFLT:
-$14.78M
USA:
$305.11M
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Return for Risk
XFLT vs. USA — Risk / Return Rank
XFLT
USA
XFLT vs. USA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) 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.
| XFLT | USA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 0.96 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.29 | -0.38 |
| Martin ratioReturn relative to average drawdown | -1.34 | -0.67 | -0.67 |
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Drawdowns
XFLT vs. USA - Drawdown Comparison
The maximum XFLT drawdown since its inception was -55.43%, smaller than the maximum USA drawdown of -69.15%. Use the drawdown chart below to compare losses from any high point for XFLT and USA.
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Drawdown Indicators
| XFLT | USA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.43% | -69.15% | +13.72% |
Max Drawdown (1Y)Largest decline over 1 year | -40.67% | -15.28% | -25.39% |
Max Drawdown (3Y)Largest decline over 3 years | -47.04% | -17.69% | -29.35% |
Max Drawdown (5Y)Largest decline over 5 years | -47.04% | -34.05% | -12.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.07% | — |
Current DrawdownCurrent decline from peak | -38.16% | -10.08% | -28.08% |
Average DrawdownAverage peak-to-trough decline | -14.49% | -11.51% | -2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.18% | 6.52% | +13.66% |
Volatility
XFLT vs. USA - Volatility Comparison
The current volatility for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 3.34%, while Liberty All-Star Equity Fund (USA) has a volatility of 4.56%. This indicates that XFLT experiences smaller price fluctuations and is considered to be less risky 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
| XFLT | USA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.34% | 4.56% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 18.26% | 10.82% | +7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.48% | 13.94% | +6.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.05% | 20.31% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.12% | 22.58% | +3.54% |
Dividends
XFLT vs. USA - Dividend Comparison
XFLT's dividend yield for the trailing twelve months is around 21.40%, more than USA's 12.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | 21.40% | 18.23% | 15.24% | 13.61% | 13.86% | 9.82% | 10.64% | 10.63% | 11.33% | 1.47% | 0.00% | 0.00% |
Financials
XFLT vs. USA - Financials Comparison
This section allows you to compare key financial metrics between XAI Octagon Floating Rate & Alternative Income Term Trust 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
XFLT and USA have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USA has higher volatility (4.56%) compared to XFLT (3.34%). In terms of maximum drawdown, XFLT dropped -55.43% vs USA's -69.15%.
USA currently has the higher Sharpe Ratio (-0.32 vs -1.33), 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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