ACVF vs. QQQ
Compare and contrast key facts about American Conservative Values ETF (ACVF) and Invesco QQQ (QQQ).
ACVF and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACVF is an actively managed fund by Ridgeline Research LLC. It was launched on Oct 29, 2020. 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: ACVF or QQQ.
Performance
ACVF vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, ACVF achieves a 23.26% return, which is significantly higher than QQQ's 21.78% return.
ACVF
23.26%
0.48%
11.63%
30.84%
N/A
N/A
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| ACVF | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.55 | 1.70 |
| Sortino Ratio | 3.52 | 2.29 |
| Omega Ratio | 1.46 | 1.31 |
| Calmar Ratio | 3.90 | 2.19 |
| Martin Ratio | 15.40 | 7.96 |
| Ulcer Index | 2.02% | 3.72% |
| Daily Std Dev | 12.23% | 17.39% |
| Max Drawdown | -24.39% | -82.98% |
| Current Drawdown | -2.29% | -3.42% |
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ACVF vs. QQQ - Expense Ratio Comparison
ACVF has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between ACVF and QQQ is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ACVF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) 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
ACVF vs. QQQ - Dividend Comparison
ACVF's dividend yield for the trailing twelve months is around 0.67%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACVF American Conservative Values ETF | 0.67% | 0.83% | 0.93% | 0.61% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
ACVF vs. QQQ - Drawdown Comparison
The maximum ACVF drawdown since its inception was -24.39%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ACVF and QQQ. For additional features, visit the drawdowns tool.
Volatility
ACVF vs. QQQ - Volatility Comparison
The current volatility for American Conservative Values ETF (ACVF) is 4.25%, while Invesco QQQ (QQQ) has a volatility of 5.58%. This indicates that ACVF experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.