ADBE vs. ZTS
ADBE (Adobe Inc) and ZTS (Zoetis Inc.) are both stocks. ADBE operates in Software - Infrastructure (Technology), while ZTS operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 10 years, ADBE returned 7.72%/yr vs 6.24%/yr for ZTS. At a 0.41 correlation, their price movements are largely independent.
Performance
ADBE vs. ZTS - 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 ZTS's -36.21% return. Over the past 10 years, ADBE has outperformed ZTS with an annualized return of 7.72%, while ZTS has yielded a comparatively lower 6.24% annualized return.
ADBE
- 1D
- -6.76%
- 1M
- -17.60%
- YTD
- -41.71%
- 6M
- -42.76%
- 1Y
- -47.91%
- 3Y*
- -24.76%
- 5Y*
- -17.73%
- 10Y*
- 7.72%
ZTS
- 1D
- -2.25%
- 1M
- 7.21%
- YTD
- -36.21%
- 6M
- -32.36%
- 1Y
- -50.83%
- 3Y*
- -20.79%
- 5Y*
- -14.41%
- 10Y*
- 6.24%
ADBE vs. ZTS - 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% |
ZTS Zoetis Inc. | -36.21% | -21.75% | -16.63% | 35.91% | -39.51% | 48.26% | 25.76% | 55.71% | 19.45% | 35.55% |
Correlation
The correlation between ADBE and ZTS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2013 | 0.41 |
Over the past year, the correlation between ADBE and ZTS has dropped to 0.20 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
ADBE:
$82.02B
ZTS:
$33.61B
ADBE:
$17.42
ZTS:
$6.04
ADBE:
11.71
ZTS:
13.17
ADBE:
0.83
ZTS:
1.48
ADBE:
3.36
ZTS:
3.66
ADBE:
7.12
ZTS:
10.40
ADBE:
$25.20B
ZTS:
$9.51B
ADBE:
$22.46B
ZTS:
$6.73B
ADBE:
$9.68B
ZTS:
$3.95B
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Return for Risk
ADBE vs. ZTS — Risk / Return Rank
ADBE
ZTS
ADBE vs. ZTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) and Zoetis Inc. (ZTS). 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 | ZTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 0.66 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | -0.97 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.99 | -2.09 | +0.10 |
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Drawdowns
ADBE vs. ZTS - Drawdown Comparison
The maximum ADBE drawdown since its inception was -79.89%, which is greater than ZTS's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for ADBE and ZTS.
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Drawdown Indicators
| ADBE | ZTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.89% | -68.48% | -11.41% |
Max Drawdown (1Y)Largest decline over 1 year | -49.21% | -54.15% | +4.94% |
Max Drawdown (3Y)Largest decline over 3 years | -67.86% | -61.77% | -6.09% |
Max Drawdown (5Y)Largest decline over 5 years | -70.36% | -68.48% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -70.36% | -68.48% | -1.88% |
Current DrawdownCurrent decline from peak | -70.36% | -66.20% | -4.16% |
Average DrawdownAverage peak-to-trough decline | -25.99% | -14.85% | -11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.31% | 26.53% | +0.78% |
Volatility
ADBE vs. ZTS - Volatility Comparison
Adobe Inc (ADBE) has a higher volatility of 16.64% compared to Zoetis Inc. (ZTS) at 8.65%. This indicates that ADBE's price experiences larger fluctuations and is considered to be riskier than ZTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADBE | ZTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 8.65% | +7.99% |
Volatility (6M)Calculated over the trailing 6-month period | 29.17% | 31.45% | -2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.08% | 35.73% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.54% | 28.77% | +7.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.48% | 27.10% | +7.38% |
Dividends
ADBE vs. ZTS - Dividend Comparison
ADBE has not paid dividends to shareholders, while ZTS's dividend yield for the trailing twelve months is around 2.59%.
| 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% |
ZTS Zoetis Inc. | 2.59% | 1.59% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% |
Financials
ADBE vs. ZTS - Financials Comparison
This section allows you to compare key financial metrics between Adobe Inc and Zoetis Inc.. 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. ZTS - 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%.
ZTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a gross profit of 1.62B and revenue of 2.26B. Therefore, the gross margin over that period was 71.7%.
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%.
ZTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported an operating income of 853.00M and revenue of 2.26B, resulting in an operating margin of 37.7%.
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%.
ZTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a net income of 601.00M and revenue of 2.26B, resulting in a net margin of 26.6%.
Frequently Asked Questions
ADBE and ZTS have a correlation of 0.20, 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 ZTS (8.65%). In terms of maximum drawdown, ADBE dropped -79.89% vs ZTS's -68.48%.
ADBE currently has the higher Sharpe Ratio (-1.45 vs -1.46), 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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