ADAM vs. CMTG

Last updated Jun 4, 2026

ADAM (Adamas Trust, Inc) and CMTG (Claros Mortgage Trust, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 3 years, ADAM returned 7.40%/yr vs -36.93%/yr for CMTG. At a 0.45 correlation, their price movements are largely independent.

Performance

ADAM vs. CMTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adamas Trust, Inc (ADAM) and Claros Mortgage Trust, Inc. (CMTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADAM achieves a 24.36% return, which is significantly higher than CMTG's -23.53% return.

ADAM

• 1D: -2.87%
• 1M: 1.03%
• YTD: 24.36%
• 6M: 23.09%
• 1Y: 52.21%
• 3Y*: 7.40%
• 5Y*: -2.20%
• 10Y*: 2.03%

CMTG

• 1D: -4.88%
• 1M: -7.14%
• YTD: -23.53%
• 6M: -33.71%
• 1Y: -13.65%
• 3Y*: -36.93%
• 5Y*: —
• 10Y*: —

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

ADAM vs. CMTG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ADAM Adamas Trust, Inc	24.36%	36.49%	-19.27%	-5.45%	-20.80%	-10.56%
CMTG Claros Mortgage Trust, Inc.	-23.53%	-32.30%	-64.39%	2.82%	-1.38%	-1.31%

Correlation

The correlation between ADAM and CMTG is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Nov 4, 2021	0.45

The correlation between ADAM and CMTG has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.

Fundamentals

EPS ADAM : $1.70 CMTG : -$4.41
PS Ratio ADAM : 1.13 CMTG : 0.79
Total Revenue (TTM) ADAM : $713.66M CMTG : $311.27M
Gross Profit (TTM) ADAM : $546.72M CMTG : -$65.16M
EBITDA (TTM) ADAM : $477.31M CMTG : $51.76M

Return for Risk

ADAM vs. CMTG — Risk / Return Rank

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

ADAM

ADAM Risk / Return Rank: 83
ADAM Sharpe Ratio Rank: 84
ADAM Sortino Ratio Rank: 81
ADAM Omega Ratio Rank: 81
ADAM Calmar Ratio Rank: 83
ADAM Martin Ratio Rank: 87

CMTG

CMTG Risk / Return Rank: 32
CMTG Sharpe Ratio Rank: 32
CMTG Sortino Ratio Rank: 32
CMTG Omega Ratio Rank: 32
CMTG Calmar Ratio Rank: 31
CMTG Martin Ratio Rank: 31

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.

ADAM vs. CMTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adamas Trust, Inc (ADAM) and Claros Mortgage Trust, Inc. (CMTG). 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.

	ADAM	CMTG	Difference
Sharpe ratio: Return per unit of total volatility	1.65	-0.22	+1.88
Sortino ratio: Return per unit of downside risk	2.40	0.10	+2.30
Omega ratio: Gain probability vs. loss probability	1.31	1.01	+0.30
Calmar ratio: Return relative to maximum drawdown	3.07	-0.29	+3.36
Martin ratio: Return relative to average drawdown	9.71	-0.53	+10.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADAM vs. CMTG - Sharpe Ratio Comparison

The current ADAM Sharpe Ratio is 1.65, which is higher than the CMTG Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of ADAM and CMTG, 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

	ADAM	CMTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	-0.22	+1.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	-0.59	+0.51

Drawdowns

ADAM vs. CMTG - Drawdown Comparison

The maximum ADAM drawdown since its inception was -97.94%, which is greater than CMTG's maximum drawdown of -87.12%. Use the drawdown chart below to compare losses from any high point for ADAM and CMTG.

Drawdown Indicators

	ADAM	CMTG	Difference
Max Drawdown Largest peak-to-trough decline	-97.94%	-87.12%	-10.82%
Max Drawdown (1Y) Largest decline over 1 year	-17.07%	-47.34%	+30.27%
Max Drawdown (3Y) Largest decline over 3 years	-42.20%	-84.37%	+42.17%
Max Drawdown (5Y) Largest decline over 5 years	-58.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.01%	—	—
Current Drawdown Current decline from peak	-71.02%	-85.51%	+14.49%
Average Drawdown Average peak-to-trough decline	-73.68%	-46.11%	-27.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	25.59%	-20.20%

Volatility

ADAM vs. CMTG - Volatility Comparison

The current volatility for Adamas Trust, Inc (ADAM) is 7.30%, while Claros Mortgage Trust, Inc. (CMTG) has a volatility of 17.61%. This indicates that ADAM experiences smaller price fluctuations and is considered to be less risky than CMTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADAM	CMTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.30%	17.61%	-10.31%
Volatility (6M) Calculated over the trailing 6-month period	25.28%	42.63%	-17.35%
Volatility (1Y) Calculated over the trailing 1-year period	31.76%	62.27%	-30.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.62%	52.26%	-17.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.27%	52.26%	-3.99%

Dividends

ADAM vs. CMTG - Dividend Comparison

ADAM's dividend yield for the trailing twelve months is around 10.13%, while CMTG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADAM Adamas Trust, Inc	10.13%	11.78%	13.20%	14.07%	15.62%	10.75%	6.10%	12.84%	13.58%	12.97%	14.55%	19.14%
CMTG Claros Mortgage Trust, Inc.	0.00%	0.00%	13.27%	9.10%	10.06%	2.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ADAM and CMTG in my portfolio?

ADAM and CMTG have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADAM or CMTG?

CMTG has higher volatility (17.61%) compared to ADAM (7.30%). In terms of maximum drawdown, ADAM dropped -97.94% vs CMTG's -87.12%.

Which has better risk-adjusted returns?

ADAM currently has the higher Sharpe Ratio (1.65 vs -0.22), 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.