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.
Correlation
The correlation between ACA and QQQ is 0.40, 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.
Performance
ACA vs. QQQ - Performance Comparison
Key characteristics
ACA:
0.79
QQQ:
1.25
ACA:
1.23
QQQ:
1.73
ACA:
1.17
QQQ:
1.23
ACA:
1.43
QQQ:
1.71
ACA:
3.96
QQQ:
5.92
ACA:
6.47%
QQQ:
3.90%
ACA:
32.55%
QQQ:
18.47%
ACA:
-36.79%
QQQ:
-82.98%
ACA:
-12.00%
QQQ:
-2.88%
Returns By Period
In the year-to-date period, ACA achieves a 1.49% return, which is significantly lower than QQQ's 2.07% return.
ACA
1.49%
-0.35%
7.09%
22.42%
17.44%
N/A
QQQ
2.07%
-0.14%
14.39%
22.60%
19.42%
18.83%
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 Rank
ACA
QQQ
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 0.20%, less than QQQ's 0.55% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Arcosa, Inc. | 0.20% | 0.21% | 0.24% | 0.37% | 0.38% | 0.36% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
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 8.02% compared to Invesco QQQ (QQQ) at 6.12%. 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.