ACA vs. QQQ
Compare and contrast key facts about Arcosa, Inc. (ACA) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACA or QQQ.
Key characteristics
| ACA | QQQ | |
|---|---|---|
| YTD Return | 25.15% | 25.63% |
| 1Y Return | 39.68% | 33.85% |
| 3Y Return (Ann) | 23.48% | 9.83% |
| 5Y Return (Ann) | 22.48% | 21.21% |
| Sharpe Ratio | 1.48 | 2.12 |
| Sortino Ratio | 2.00 | 2.79 |
| Omega Ratio | 1.28 | 1.38 |
| Calmar Ratio | 2.63 | 2.71 |
| Martin Ratio | 8.80 | 9.88 |
| Ulcer Index | 5.36% | 3.72% |
| Daily Std Dev | 31.77% | 17.31% |
| Max Drawdown | -36.79% | -82.98% |
| Current Drawdown | -2.88% | -0.37% |
Correlation
The correlation between ACA and QQQ is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ACA vs. QQQ - Performance Comparison
The year-to-date returns for both investments are quite close, with ACA having a 25.15% return and QQQ slightly higher at 25.63%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ACA vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arcosa, Inc. (ACA) and Invesco QQQ (QQQ). 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.
Dividends
ACA vs. QQQ - Dividend Comparison
ACA's dividend yield for the trailing twelve months is around 0.19%, less than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACA Arcosa, Inc. | 0.19% | 0.24% | 0.37% | 0.38% | 0.36% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
ACA vs. QQQ - Drawdown Comparison
The maximum ACA drawdown since its inception was -36.79%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ACA and QQQ. For additional features, visit the drawdowns tool.
Volatility
ACA vs. QQQ - Volatility Comparison
Arcosa, Inc. (ACA) has a higher volatility of 7.92% compared to Invesco QQQ (QQQ) at 4.91%. This indicates that ACA's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.