CRC vs. ACA

Last updated Jun 3, 2026

CRC (California Resources Corporation) and ACA (Arcosa, Inc.) are both stocks. CRC operates in Oil & Gas E&P (Energy), while ACA operates in Infrastructure Operations (Industrials). Over the past 5 years, CRC returned 18.75%/yr vs 15.86%/yr for ACA. At a 0.30 correlation, their price movements are largely independent.

Performance

CRC vs. ACA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in California Resources Corporation (CRC) and Arcosa, Inc. (ACA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRC achieves a 39.86% return, which is significantly higher than ACA's 16.54% return.

CRC

• 1D: 0.18%
• 1M: -9.14%
• YTD: 39.86%
• 6M: 31.84%
• 1Y: 41.28%
• 3Y*: 19.54%
• 5Y*: 18.75%
• 10Y*: —

ACA

• 1D: 0.77%
• 1M: 0.50%
• YTD: 16.54%
• 6M: 15.77%
• 1Y: 40.91%
• 3Y*: 21.14%
• 5Y*: 15.86%
• 10Y*: —

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

CRC vs. ACA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CRC California Resources Corporation	39.86%	-10.78%	-2.57%	28.85%	3.69%	81.82%	57.27%
ACA Arcosa, Inc.	16.54%	10.15%	17.34%	52.54%	3.51%	-3.73%	22.09%

Correlation

The correlation between CRC and ACA is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.30

Over the past year, the correlation between CRC and ACA has dropped to 0.02 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Fundamentals

EPS CRC : $4.17 ACA : $4.54
PE Ratio CRC : 14.80 ACA : 27.29
PS Ratio CRC : 1.55 ACA : 2.15
Total Revenue (TTM) CRC : $3.48B ACA : $2.82B
Gross Profit (TTM) CRC : $1.30B ACA : $642.70M
EBITDA (TTM) CRC : $1.34B ACA : $460.00M

Return for Risk

CRC vs. ACA — Risk / Return Rank

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

CRC

CRC Risk / Return Rank: 70
CRC Sharpe Ratio Rank: 75
CRC Sortino Ratio Rank: 67
CRC Omega Ratio Rank: 68
CRC Calmar Ratio Rank: 72
CRC Martin Ratio Rank: 70

ACA

ACA Risk / Return Rank: 73
ACA Sharpe Ratio Rank: 74
ACA Sortino Ratio Rank: 71
ACA Omega Ratio Rank: 72
ACA Calmar Ratio Rank: 73
ACA Martin Ratio Rank: 77

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.

CRC vs. ACA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for California Resources Corporation (CRC) and Arcosa, Inc. (ACA). 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.

	CRC	ACA	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.15	+0.04
Sortino ratio Return per unit of downside risk	1.62	1.77	-0.16
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.02
Calmar ratio Return relative to maximum drawdown	1.83	1.92	-0.09
Martin ratio Return relative to average drawdown	3.89	5.65	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRC vs. ACA - Sharpe Ratio Comparison

The current CRC Sharpe Ratio is 1.19, which is comparable to the ACA Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of CRC and ACA, 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

	CRC	ACA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.15	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.46	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.66	+0.07

Drawdowns

CRC vs. ACA - Drawdown Comparison

The maximum CRC drawdown since its inception was -44.75%, which is greater than ACA's maximum drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for CRC and ACA.

Drawdown Indicators

	CRC	ACA	Difference
Max Drawdown Largest peak-to-trough decline	-44.75%	-36.79%	-7.96%
Max Drawdown (1Y) Largest decline over 1 year	-24.04%	-21.45%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-44.75%	-36.63%	-8.12%
Max Drawdown (5Y) Largest decline over 5 years	-44.75%	-36.63%	-8.12%
Current Drawdown Current decline from peak	-11.42%	-5.78%	-5.64%
Average Drawdown Average peak-to-trough decline	-11.62%	-11.47%	-0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.28%	7.25%	+4.03%

Volatility

CRC vs. ACA - Volatility Comparison

California Resources Corporation (CRC) has a higher volatility of 15.58% compared to Arcosa, Inc. (ACA) at 11.42%. This indicates that CRC's price experiences larger fluctuations and is considered to be riskier than ACA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRC	ACA	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.58%	11.42%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	26.70%	27.59%	-0.89%
Volatility (1Y) Calculated over the trailing 1-year period	34.99%	35.85%	-0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.45%	34.49%	+5.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.45%	40.62%	+2.83%

Dividends

CRC vs. ACA - Dividend Comparison

CRC's dividend yield for the trailing twelve months is around 2.60%, more than ACA's 0.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ACA Arcosa, Inc.	0.16%	0.19%	0.21%	0.24%	0.37%	0.38%	0.36%	0.45%
CRC California Resources Corporation	2.60%	3.51%	2.69%	2.12%	1.82%	0.40%	0.00%	0.00%

Financials

CRC vs. ACA - Profitability Comparison

The chart below illustrates the profitability comparison between California Resources Corporation and Arcosa, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a gross profit of 309.00M and revenue of 871.00M. Therefore, the gross margin over that period was 35.5%.

ACA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arcosa, Inc. reported a gross profit of 120.90M and revenue of 571.70M. Therefore, the gross margin over that period was 21.2%.

CRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported an operating income of 159.00M and revenue of 871.00M, resulting in an operating margin of 18.3%.

ACA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arcosa, Inc. reported an operating income of -2.00M and revenue of 571.70M, resulting in an operating margin of -0.4%.

CRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a net income of 12.00M and revenue of 871.00M, resulting in a net margin of 1.4%.

ACA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arcosa, Inc. reported a net income of 37.80M and revenue of 571.70M, resulting in a net margin of 6.6%.

Frequently Asked Questions

Can I hold both CRC and ACA in my portfolio?

CRC and ACA have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRC or ACA?

CRC has higher volatility (15.58%) compared to ACA (11.42%). In terms of maximum drawdown, CRC dropped -44.75% vs ACA's -36.79%.

Which has better risk-adjusted returns?

CRC currently has the higher Sharpe Ratio (1.19 vs 1.15), 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.