ACVA vs. ASPN
ACVA (ACV Auctions Inc.) and ASPN (Aspen Aerogels, Inc.) are both stocks. ACVA operates in Software - Application (Technology), while ASPN operates in Building Products & Equipment (Industrials). Over the past 5 years, ACVA returned -26.01%/yr vs -23.03%/yr for ASPN. At a 0.35 correlation, their price movements are largely independent.
Performance
ACVA vs. ASPN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ACVA achieves a -27.56% return, which is significantly lower than ASPN's 108.48% return.
ACVA
- 1D
- -8.07%
- 1M
- 9.62%
- YTD
- -27.56%
- 6M
- -26.46%
- 1Y
- -64.44%
- 3Y*
- -30.73%
- 5Y*
- -26.01%
- 10Y*
- —
ASPN
- 1D
- -5.14%
- 1M
- 52.06%
- YTD
- 108.48%
- 6M
- 69.54%
- 1Y
- 1.03%
- 3Y*
- -6.59%
- 5Y*
- -23.03%
- 10Y*
- 3.66%
ACVA vs. ASPN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ACVA ACV Auctions Inc. | -27.56% | -62.87% | 42.57% | 84.53% | -56.42% | -39.71% |
ASPN Aspen Aerogels, Inc. | 108.48% | -76.18% | -24.71% | 33.84% | -76.32% | 164.56% |
Correlation
The correlation between ACVA and ASPN is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021 | 0.35 |
The correlation between ACVA and ASPN shifts across timeframes, from 0.23 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ACVA:
$1.01B
ASPN:
$488.18M
ACVA:
-$0.36
ASPN:
-$1.36
ACVA:
1.28
ASPN:
2.11
ACVA:
2.34
ASPN:
2.29
ACVA:
$781.10M
ASPN:
$230.26M
ACVA:
$496.54M
ASPN:
$27.46M
ACVA:
-$10.72M
ASPN:
-$59.70M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ACVA vs. ASPN — Risk / Return Rank
ACVA
ASPN
ACVA vs. ASPN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ACV Auctions Inc. (ACVA) and Aspen Aerogels, Inc. (ASPN). 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.
| ACVA | ASPN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.01 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.11 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 0.01 | -0.87 |
| Martin ratioReturn relative to average drawdown | -1.25 | 0.02 | -1.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ACVA | ASPN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 0.01 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | -0.26 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.46 | -0.07 | -0.39 |
Drawdowns
ACVA vs. ASPN - Drawdown Comparison
The maximum ACVA drawdown since its inception was -88.80%, smaller than the maximum ASPN drawdown of -95.96%. Use the drawdown chart below to compare losses from any high point for ACVA and ASPN.
Loading charts...
Drawdown Indicators
| ACVA | ASPN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.80% | -95.96% | +7.16% |
Max Drawdown (1Y)Largest decline over 1 year | -75.43% | -70.86% | -4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -82.09% | -91.90% | +9.81% |
Max Drawdown (5Y)Largest decline over 5 years | -84.16% | -95.96% | +11.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.96% | — |
Current DrawdownCurrent decline from peak | -84.31% | -90.73% | +6.42% |
Average DrawdownAverage peak-to-trough decline | -59.90% | -56.38% | -3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.38% | 45.10% | +6.28% |
Volatility
ACVA vs. ASPN - Volatility Comparison
The current volatility for ACV Auctions Inc. (ACVA) is 27.00%, while Aspen Aerogels, Inc. (ASPN) has a volatility of 28.43%. This indicates that ACVA experiences smaller price fluctuations and is considered to be less risky than ASPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ACVA | ASPN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.00% | 28.43% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 47.97% | 65.20% | -17.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.88% | 91.98% | -20.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.75% | 87.84% | -27.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.50% | 75.23% | -14.73% |
Dividends
ACVA vs. ASPN - Dividend Comparison
Neither ACVA nor ASPN has paid dividends to shareholders.
Financials
ACVA vs. ASPN - Financials Comparison
This section allows you to compare key financial metrics between ACV Auctions Inc. and Aspen Aerogels, 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
ACVA vs. ASPN - Profitability Comparison
ACVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ACV Auctions Inc. reported a gross profit of 124.37M and revenue of 204.19M. Therefore, the gross margin over that period was 60.9%.
ASPN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported a gross profit of 4.28M and revenue of 37.88M. Therefore, the gross margin over that period was 11.3%.
ACVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ACV Auctions Inc. reported an operating income of -9.24M and revenue of 204.19M, resulting in an operating margin of -4.5%.
ASPN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported an operating income of -20.83M and revenue of 37.88M, resulting in an operating margin of -55.0%.
ACVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ACV Auctions Inc. reported a net income of -10.89M and revenue of 204.19M, resulting in a net margin of -5.3%.
ASPN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aspen Aerogels, Inc. reported a net income of -23.69M and revenue of 37.88M, resulting in a net margin of -62.5%.
Frequently Asked Questions
ACVA and ASPN have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASPN has higher volatility (28.43%) compared to ACVA (27.00%). In terms of maximum drawdown, ACVA dropped -88.80% vs ASPN's -95.96%.
ASPN currently has the higher Sharpe Ratio (0.01 vs -0.90), 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.
Find the right allocation for ACVA and ASPN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer