ADBE vs. DGX
ADBE (Adobe Inc) and DGX (Quest Diagnostics Incorporated) are both stocks. ADBE operates in Software - Infrastructure (Technology), while DGX operates in Diagnostics & Research (Healthcare). Over the past 10 years, ADBE returned 7.72%/yr vs 12.33%/yr for DGX. At a 0.24 correlation, their price movements are largely independent.
Performance
ADBE vs. DGX - Performance Comparison
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Returns By Period
In the year-to-date period, ADBE achieves a -41.71% return, which is significantly lower than DGX's 18.06% return. Over the past 10 years, ADBE has underperformed DGX with an annualized return of 7.72%, while DGX has yielded a comparatively higher 12.33% annualized return.
ADBE
- 1D
- -6.76%
- 1M
- -13.58%
- YTD
- -41.71%
- 6M
- -42.76%
- 1Y
- -50.68%
- 3Y*
- -24.76%
- 5Y*
- -17.73%
- 10Y*
- 7.72%
DGX
- 1D
- -0.38%
- 1M
- 6.40%
- YTD
- 18.06%
- 6M
- 12.22%
- 1Y
- 15.46%
- 3Y*
- 16.40%
- 5Y*
- 11.96%
- 10Y*
- 12.33%
ADBE vs. DGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADBE Adobe Inc | -41.71% | -21.29% | -25.46% | 77.28% | -40.65% | 13.38% | 51.64% | 45.78% | 29.10% | 70.22% |
DGX Quest Diagnostics Incorporated | 18.06% | 17.20% | 11.77% | -10.05% | -7.80% | 47.86% | 14.11% | 31.13% | -13.84% | 9.16% |
Correlation
The correlation between ADBE and DGX is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 26, 1996 | 0.24 |
Over the past year, the correlation between ADBE and DGX has dropped to 0.00 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
ADBE:
$82.02B
DGX:
$22.74B
ADBE:
$17.42
DGX:
$9.10
ADBE:
11.71
DGX:
22.31
ADBE:
3.36
DGX:
2.03
ADBE:
7.12
DGX:
3.09
ADBE:
$25.20B
DGX:
$11.28B
ADBE:
$22.46B
DGX:
$3.75B
ADBE:
$9.68B
DGX:
$1.98B
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Return for Risk
ADBE vs. DGX — Risk / Return Rank
ADBE
DGX
ADBE vs. DGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) and Quest Diagnostics Incorporated (DGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADBE | DGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.52 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.14 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 1.34 | -2.38 |
| Martin ratioReturn relative to average drawdown | -1.99 | 2.79 | -4.78 |
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Drawdowns
ADBE vs. DGX - Drawdown Comparison
The maximum ADBE drawdown since its inception was -79.89%, which is greater than DGX's maximum drawdown of -49.46%. Use the drawdown chart below to compare losses from any high point for ADBE and DGX.
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Drawdown Indicators
| ADBE | DGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.89% | -49.46% | -30.43% |
Max Drawdown (1Y)Largest decline over 1 year | -49.21% | -11.55% | -37.66% |
Max Drawdown (3Y)Largest decline over 3 years | -67.86% | -16.57% | -51.29% |
Max Drawdown (5Y)Largest decline over 5 years | -70.36% | -28.62% | -41.74% |
Max Drawdown (10Y)Largest decline over 10 years | -70.36% | -36.60% | -33.76% |
Current DrawdownCurrent decline from peak | -70.36% | -3.76% | -66.60% |
Average DrawdownAverage peak-to-trough decline | -25.99% | -11.89% | -14.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.31% | 5.56% | +21.75% |
Volatility
ADBE vs. DGX - Volatility Comparison
Adobe Inc (ADBE) has a higher volatility of 16.64% compared to Quest Diagnostics Incorporated (DGX) at 6.09%. This indicates that ADBE's price experiences larger fluctuations and is considered to be riskier than DGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADBE | DGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 6.09% | +10.55% |
Volatility (6M)Calculated over the trailing 6-month period | 29.17% | 16.94% | +12.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.08% | 23.01% | +12.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.54% | 21.81% | +14.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.48% | 23.79% | +10.69% |
Dividends
ADBE vs. DGX - Dividend Comparison
ADBE has not paid dividends to shareholders, while DGX's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADBE Adobe Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGX Quest Diagnostics Incorporated | 1.61% | 1.82% | 1.96% | 2.02% | 1.66% | 1.40% | 1.85% | 1.99% | 2.34% | 1.83% | 1.72% | 2.07% |
Financials
ADBE vs. DGX - Financials Comparison
This section allows you to compare key financial metrics between Adobe Inc and Quest Diagnostics Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ADBE vs. DGX - Profitability Comparison
ADBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a gross profit of 5.90B and revenue of 6.62B. Therefore, the gross margin over that period was 89.2%.
DGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported a gross profit of 942.00M and revenue of 2.90B. Therefore, the gross margin over that period was 32.5%.
ADBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported an operating income of 2.24B and revenue of 6.62B, resulting in an operating margin of 33.8%.
DGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported an operating income of 399.00M and revenue of 2.90B, resulting in an operating margin of 13.8%.
ADBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adobe Inc reported a net income of 1.71B and revenue of 6.62B, resulting in a net margin of 25.9%.
DGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported a net income of 252.00M and revenue of 2.90B, resulting in a net margin of 8.7%.
Frequently Asked Questions
ADBE and DGX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADBE has higher volatility (16.64%) compared to DGX (6.09%). In terms of maximum drawdown, ADBE dropped -79.89% vs DGX's -49.46%.
DGX currently has the higher Sharpe Ratio (0.68 vs -1.45), 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.
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