XOVR vs. MFUS

Last updated Jun 4, 2026

XOVR (ERShares Entrepreneur Private-Public Crossover ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds - XOVR tracks the ER30TR Index while MFUS tracks the RAFI Dynamic Multi-Factor U.S. Index​. Both are passively managed. Over the past 5 years, XOVR returned 6.16%/yr vs 12.82%/yr for MFUS. A 0.65 correlation means they provide meaningful diversification when combined. XOVR charges 0.75%/yr vs 0.30%/yr for MFUS.

Performance

XOVR vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XOVR achieves a -0.35% return, which is significantly lower than MFUS's 16.37% return.

XOVR

• 1D: -1.67%
• 1M: 6.93%
• YTD: -0.35%
• 6M: 0.55%
• 1Y: 10.88%
• 3Y*: 19.21%
• 5Y*: 6.16%
• 10Y*: —

MFUS

• 1D: 0.03%
• 1M: 5.72%
• YTD: 16.37%
• 6M: 16.58%
• 1Y: 28.04%
• 3Y*: 22.25%
• 5Y*: 12.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XOVR vs. MFUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XOVR ERShares Entrepreneur Private-Public Crossover ETF	-0.35%	11.83%	33.21%	51.89%	-41.09%	-7.24%	50.39%	31.72%	-5.02%	1.68%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	16.37%	16.02%	20.17%	12.19%	-5.82%	24.10%	10.64%	26.17%	-7.30%	5.52%

Correlation

The correlation between XOVR and MFUS is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017	0.65

The correlation between XOVR and MFUS shifts across timeframes, from 0.51 (1 year) to 0.67 (3 years), reflecting how their relationship changes across market environments.

XOVR vs. MFUS - Sectors Allocation Comparison

Sectors	XOVR	MFUS
Technology	34.1%	21.8%
Communication Services	26.7%	5.3%
Healthcare	18.4%	13.5%
Financial Services	8.5%	12.6%
Consumer Cyclical	6.9%	10.6%
Industrials	5.4%	12.6%
Energy	3.1%	7.0%
Basic Materials	-	2.8%
Consumer Defensive	-	10.3%
Real Estate	-	1.8%
Utilities	-	1.7%

Return for Risk

XOVR vs. MFUS — Risk / Return Rank

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

XOVR

XOVR Risk / Return Rank: 16
XOVR Sharpe Ratio Rank: 17
XOVR Sortino Ratio Rank: 17
XOVR Omega Ratio Rank: 17
XOVR Calmar Ratio Rank: 14
XOVR Martin Ratio Rank: 13

MFUS

MFUS Risk / Return Rank: 82
MFUS Sharpe Ratio Rank: 80
MFUS Sortino Ratio Rank: 83
MFUS Omega Ratio Rank: 78
MFUS Calmar Ratio Rank: 83
MFUS Martin Ratio Rank: 86

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.

XOVR vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ERShares Entrepreneur Private-Public Crossover ETF (XOVR) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

	XOVR	MFUS	Difference
Sharpe ratio: Return per unit of total volatility	0.55	2.63	-2.08
Sortino ratio: Return per unit of downside risk	0.87	3.77	-2.90
Omega ratio: Gain probability vs. loss probability	1.11	1.47	-0.36
Calmar ratio: Return relative to maximum drawdown	0.45	4.41	-3.96
Martin ratio: Return relative to average drawdown	1.00	18.13	-17.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XOVR vs. MFUS - Sharpe Ratio Comparison

The current XOVR Sharpe Ratio is 0.55, which is lower than the MFUS Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of XOVR and MFUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XOVR	MFUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	2.63	-2.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.86	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.79	-0.40

Drawdowns

XOVR vs. MFUS - Drawdown Comparison

The maximum XOVR drawdown since its inception was -56.28%, which is greater than MFUS's maximum drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for XOVR and MFUS.

Drawdown Indicators

	XOVR	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-56.28%	-35.21%	-21.07%
Max Drawdown (1Y) Largest decline over 1 year	-24.32%	-6.39%	-17.93%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-15.39%	-9.84%
Max Drawdown (5Y) Largest decline over 5 years	-49.35%	-18.22%	-31.13%
Current Drawdown Current decline from peak	-7.55%	0.00%	-7.55%
Average Drawdown Average peak-to-trough decline	-18.41%	-4.00%	-14.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.94%	1.55%	+9.39%

Volatility

XOVR vs. MFUS - Volatility Comparison

ERShares Entrepreneur Private-Public Crossover ETF (XOVR) has a higher volatility of 4.20% compared to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) at 3.19%. This indicates that XOVR's price experiences larger fluctuations and is considered to be riskier than MFUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XOVR	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	3.19%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	14.81%	8.22%	+6.59%
Volatility (1Y) Calculated over the trailing 1-year period	20.00%	10.72%	+9.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.15%	15.03%	+11.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.87%	17.35%	+9.52%

XOVR vs. MFUS - Expense Ratio Comparison

XOVR has a 0.75% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

XOVR vs. MFUS - Dividend Comparison

XOVR has not paid dividends to shareholders, while MFUS's dividend yield for the trailing twelve months is around 1.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.36%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	0.00%	0.00%	0.00%	0.00%	0.00%	57.75%	6.31%	0.08%	3.71%	0.08%

Frequently Asked Questions

Can I hold both XOVR and MFUS in my portfolio?

XOVR and MFUS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XOVR or MFUS?

XOVR has higher volatility (4.20%) compared to MFUS (3.19%). In terms of maximum drawdown, XOVR dropped -56.28% vs MFUS's -35.21%.

Which ETF is better, XOVR or MFUS?

On 5-year performance, MFUS leads with 12.82% vs 6.16% for XOVR. On fees, MFUS is cheaper at 0.30% per year. On volatility, MFUS has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XOVR or MFUS?

Over the 5-year period, MFUS has performed better with a 12.82% return vs 6.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XOVR or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 0.75% for XOVR.

Which ETF pays a higher dividend yield, XOVR or MFUS?

MFUS has the higher dividend yield at 1.36%, compared with 0.00% for XOVR.

What is the main difference between XOVR and MFUS?

XOVR tracks ER30TR Index, while MFUS tracks RAFI Dynamic Multi-Factor U.S. Index​. They also come from different issuers: EntrepreneurShares and PIMCO. Their fees differ too: 0.75% for XOVR and 0.30% for MFUS.

Which has better risk-adjusted returns?

MFUS currently has the higher Sharpe Ratio (2.63 vs 0.55), 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.