AA vs. MEDP
AA (Alcoa Corporation) and MEDP (Medpace Holdings, Inc.) are both stocks. AA operates in Aluminum (Basic Materials), while MEDP operates in Diagnostics & Research (Healthcare). Over the past 5 years, AA returned 14.08%/yr vs 21.69%/yr for MEDP. At a 0.26 correlation, their price movements are largely independent.
Performance
AA vs. MEDP - Performance Comparison
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Returns By Period
In the year-to-date period, AA achieves a 29.83% return, which is significantly higher than MEDP's -16.79% return.
AA
- 1D
- -0.30%
- 1M
- 0.64%
- YTD
- 29.83%
- 6M
- 49.53%
- 1Y
- 140.52%
- 3Y*
- 24.73%
- 5Y*
- 14.08%
- 10Y*
- —
MEDP
- 1D
- -1.63%
- 1M
- 10.28%
- YTD
- -16.79%
- 6M
- -16.23%
- 1Y
- 53.73%
- 3Y*
- 28.75%
- 5Y*
- 21.69%
- 10Y*
- —
AA vs. MEDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 29.83% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
MEDP Medpace Holdings, Inc. | -16.79% | 69.05% | 8.38% | 44.31% | -2.40% | 56.35% | 65.60% | 58.81% | 45.97% | 0.53% |
Correlation
The correlation between AA and MEDP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2016 | 0.26 |
Fundamentals
AA:
$18.13B
MEDP:
$13.54B
AA:
$3.92
MEDP:
$15.63
AA:
17.55
MEDP:
29.89
AA:
0.05
MEDP:
0.90
AA:
1.42
MEDP:
5.14
AA:
2.66
MEDP:
22.62
AA:
$12.66B
MEDP:
$2.68B
AA:
$948.00M
MEDP:
$778.59M
AA:
$1.70B
MEDP:
$572.96M
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Return for Risk
AA vs. MEDP — Risk / Return Rank
AA
MEDP
AA vs. MEDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) and Medpace Holdings, Inc. (MEDP). 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.
| AA | MEDP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 1.48 | +5.02 |
| Martin ratioReturn relative to average drawdown | 20.55 | 3.28 | +17.27 |
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Drawdowns
AA vs. MEDP - Drawdown Comparison
The maximum AA drawdown since its inception was -90.90%, which is greater than MEDP's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for AA and MEDP.
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Drawdown Indicators
| AA | MEDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -42.87% | -48.03% |
Max Drawdown (1Y)Largest decline over 1 year | -21.77% | -36.61% | +14.84% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -39.38% | -12.87% |
Max Drawdown (5Y)Largest decline over 5 years | -75.46% | -42.87% | -32.59% |
Current DrawdownCurrent decline from peak | -24.27% | -24.69% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -46.12% | -12.92% | -33.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.87% | 16.45% | -9.58% |
Volatility
AA vs. MEDP - Volatility Comparison
Alcoa Corporation (AA) has a higher volatility of 21.35% compared to Medpace Holdings, Inc. (MEDP) at 6.83%. This indicates that AA's price experiences larger fluctuations and is considered to be riskier than MEDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AA | MEDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.35% | 6.83% | +14.52% |
Volatility (6M)Calculated over the trailing 6-month period | 41.11% | 37.78% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.44% | 68.99% | -14.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.26% | 51.61% | +4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.66% | 49.76% | +5.90% |
Dividends
AA vs. MEDP - Dividend Comparison
AA's dividend yield for the trailing twelve months is around 0.58%, while MEDP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.58% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% |
MEDP Medpace Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AA vs. MEDP - Financials Comparison
This section allows you to compare key financial metrics between Alcoa Corporation and Medpace Holdings, Inc.. 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
AA vs. MEDP - Profitability Comparison
AA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.19B. Therefore, the gross margin over that period was 0.0%.
MEDP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported a gross profit of 196.33M and revenue of 706.60M. Therefore, the gross margin over that period was 27.8%.
AA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.19B, resulting in an operating margin of 0.0%.
MEDP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported an operating income of 141.50M and revenue of 706.60M, resulting in an operating margin of 20.0%.
AA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a net income of 425.00M and revenue of 3.19B, resulting in a net margin of 13.3%.
MEDP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported a net income of 123.87M and revenue of 706.60M, resulting in a net margin of 17.5%.
Frequently Asked Questions
AA and MEDP have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AA has higher volatility (21.35%) compared to MEDP (6.83%). In terms of maximum drawdown, AA dropped -90.90% vs MEDP's -42.87%.
AA currently has the higher Sharpe Ratio (2.60 vs 0.78), 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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