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ACVF vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

Performance

ACVF vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Conservative Values ETF (ACVF) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.88%
10.65%
ACVF
QQQ

Key characteristics

Sharpe Ratio

ACVF:

1.87

QQQ:

1.63

Sortino Ratio

ACVF:

2.60

QQQ:

2.18

Omega Ratio

ACVF:

1.33

QQQ:

1.29

Calmar Ratio

ACVF:

2.92

QQQ:

2.14

Martin Ratio

ACVF:

10.96

QQQ:

7.71

Ulcer Index

ACVF:

2.13%

QQQ:

3.77%

Daily Std Dev

ACVF:

12.53%

QQQ:

17.87%

Max Drawdown

ACVF:

-24.39%

QQQ:

-82.98%

Current Drawdown

ACVF:

-3.56%

QQQ:

-2.69%

Returns By Period

In the year-to-date period, ACVF achieves a 22.41% return, which is significantly lower than QQQ's 28.44% return.


ACVF

YTD

22.41%

1M

-2.56%

6M

7.88%

1Y

22.98%

5Y*

N/A

10Y*

N/A

QQQ

YTD

28.44%

1M

3.54%

6M

10.65%

1Y

28.86%

5Y*

20.62%

10Y*

18.39%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ACVF vs. QQQ - Expense Ratio Comparison

ACVF has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.


ACVF
American Conservative Values ETF
Expense ratio chart for ACVF: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

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.


Sharpe ratio
The chart of Sharpe ratio for ACVF, currently valued at 1.87, compared to the broader market0.002.004.001.871.63
The chart of Sortino ratio for ACVF, currently valued at 2.60, compared to the broader market-2.000.002.004.006.008.0010.002.602.18
The chart of Omega ratio for ACVF, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.29
The chart of Calmar ratio for ACVF, currently valued at 2.92, compared to the broader market0.005.0010.0015.002.922.14
The chart of Martin ratio for ACVF, currently valued at 10.96, compared to the broader market0.0020.0040.0060.0080.00100.0010.967.71
ACVF
QQQ

The current ACVF Sharpe Ratio is 1.87, which is comparable to the QQQ Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of ACVF and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.87
1.63
ACVF
QQQ

Dividends

ACVF vs. QQQ - Dividend Comparison

ACVF's dividend yield for the trailing twelve months is around 0.68%, more than QQQ's 0.59% yield.


TTM20232022202120202019201820172016201520142013
ACVF
American Conservative Values ETF
0.68%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
0.59%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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.56%
-2.69%
ACVF
QQQ

Volatility

ACVF vs. QQQ - Volatility Comparison

The current volatility for American Conservative Values ETF (ACVF) is 3.66%, while Invesco QQQ (QQQ) has a volatility of 5.35%. 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.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
3.66%
5.35%
ACVF
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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