ACVF vs. QQQ

Last updated Jun 3, 2026

ACVF (American Conservative Values ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - ACVF is a Large Cap Blend Equities fund actively managed by Ridgeline Research LLC, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. ACVF is actively managed, while QQQ is passively managed. Over the past 5 years, ACVF returned 12.66%/yr vs 18.43%/yr for QQQ. Their correlation of 0.88 suggests significant overlap in exposure. ACVF charges 0.75%/yr vs 0.18%/yr for QQQ.

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 ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACVF achieves a 11.18% return, which is significantly lower than QQQ's 21.62% return.

ACVF

• 1D: 0.48%
• 1M: 6.31%
• YTD: 11.18%
• 6M: 12.23%
• 1Y: 21.98%
• 3Y*: 19.83%
• 5Y*: 12.66%
• 10Y*: —

QQQ

• 1D: 0.46%
• 1M: 10.68%
• YTD: 21.62%
• 6M: 20.27%
• 1Y: 43.30%
• 3Y*: 28.89%
• 5Y*: 18.43%
• 10Y*: 21.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACVF vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ACVF American Conservative Values ETF	11.18%	13.67%	20.56%	23.81%	-15.74%	28.84%	13.79%
QQQ Invesco QQQ ETF	21.62%	20.77%	25.58%	54.86%	-32.58%	27.42%	13.72%

Correlation

The correlation between ACVF and QQQ is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020	0.88

The correlation between ACVF and QQQ has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

ACVF vs. QQQ - Sectors Allocation Comparison

Sectors	ACVF	QQQ
Technology	39.7%	53.8%
Financial Services	11.6%	0.2%
Industrials	11.0%	2.8%
Consumer Cyclical	10.7%	12.3%
Healthcare	8.1%	4.2%
Consumer Defensive	5.9%	7.7%
Communication Services	4.2%	15.8%
Energy	3.5%	0.6%
Utilities	2.2%	1.4%
Real Estate	1.7%	0.1%
Basic Materials	1.6%	1.1%

Return for Risk

ACVF vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACVF

ACVF Risk / Return Rank: 58
ACVF Sharpe Ratio Rank: 56
ACVF Sortino Ratio Rank: 57
ACVF Omega Ratio Rank: 55
ACVF Calmar Ratio Rank: 57
ACVF Martin Ratio Rank: 63

QQQ

QQQ Risk / Return Rank: 77
QQQ Sharpe Ratio Rank: 83
QQQ Sortino Ratio Rank: 78
QQQ Omega Ratio Rank: 77
QQQ Calmar Ratio Rank: 73
QQQ Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACVF vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) and Invesco QQQ ETF (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.

	ACVF	QQQ	Difference
Sharpe ratio Return per unit of total volatility	1.94	2.73	-0.79
Sortino ratio Return per unit of downside risk	2.72	3.55	-0.83
Omega ratio Gain probability vs. loss probability	1.34	1.47	-0.12
Calmar ratio Return relative to maximum drawdown	2.89	3.71	-0.83
Martin ratio Return relative to average drawdown	11.75	14.30	-2.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACVF vs. QQQ - Sharpe Ratio Comparison

The current ACVF Sharpe Ratio is 1.94, which is comparable to the QQQ Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of ACVF and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ACVF	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	2.73	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.83	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.41	+0.62

Drawdowns

ACVF vs. QQQ - Drawdown Comparison

The maximum ACVF drawdown since its inception was -24.39%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for ACVF and QQQ.

Drawdown Indicators

	ACVF	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-24.39%	-82.97%	+58.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	-11.96%	+4.26%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	-22.77%	+5.95%
Max Drawdown (5Y) Largest decline over 5 years	-24.39%	-35.12%	+10.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.75%	-32.79%	+28.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	3.11%	-1.22%

Volatility

ACVF vs. QQQ - Volatility Comparison

The current volatility for American Conservative Values ETF (ACVF) is 3.06%, while Invesco QQQ ETF (QQQ) has a volatility of 4.48%. 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.

Volatility by Period

	ACVF	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	4.48%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	12.11%	-3.11%
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	15.95%	-4.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	22.39%	-6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	22.30%	-6.33%

ACVF vs. QQQ - Expense Ratio Comparison

ACVF has a 0.75% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

ACVF vs. QQQ - Dividend Comparison

ACVF's dividend yield for the trailing twelve months is around 0.53%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACVF American Conservative Values ETF	0.53%	0.59%	0.59%	0.82%	0.93%	0.61%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both ACVF and QQQ in my portfolio?

ACVF and QQQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACVF or QQQ?

QQQ has higher volatility (4.48%) compared to ACVF (3.06%). In terms of maximum drawdown, ACVF dropped -24.39% vs QQQ's -82.97%.

Which ETF is better, ACVF or QQQ?

On 5-year performance, QQQ leads with 18.43% vs 12.66% for ACVF. On fees, QQQ is cheaper at 0.18% per year. On volatility, ACVF has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACVF or QQQ?

Over the 5-year period, QQQ has performed better with a 18.43% return vs 12.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACVF or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.75% for ACVF.

Which ETF pays a higher dividend yield, ACVF or QQQ?

ACVF has the higher dividend yield at 0.53%, compared with 0.38% for QQQ.

What is the main difference between ACVF and QQQ?

ACVF is categorized as Large Cap Blend Equities, while QQQ is Nasdaq-100. They also come from different issuers: Ridgeline Research LLC and Invesco. Their fees differ too: 0.75% for ACVF and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.73 vs 1.94), 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.