ADEA vs. HUT
ADEA (Adeia Inc) and HUT (Hut 8 Corp. Common Stock) are both stocks. ADEA operates in Software - Application (Technology), while HUT operates in Capital Markets (Financial Services). Over the past 5 years, ADEA returned 42.70%/yr vs 46.13%/yr for HUT. At a 0.24 correlation, their price movements are largely independent.
Performance
ADEA vs. HUT - Performance Comparison
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Returns By Period
In the year-to-date period, ADEA achieves a 86.55% return, which is significantly lower than HUT's 185.79% return.
ADEA
- 1D
- 4.53%
- 1M
- -4.52%
- YTD
- 86.55%
- 6M
- 156.21%
- 1Y
- 148.04%
- 3Y*
- 46.97%
- 5Y*
- 42.70%
- 10Y*
- 16.84%
HUT
- 1D
- -1.30%
- 1M
- 68.15%
- YTD
- 185.79%
- 6M
- 228.06%
- 1Y
- 717.50%
- 3Y*
- 129.93%
- 5Y*
- 46.13%
- 10Y*
- —
ADEA vs. HUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ADEA Adeia Inc | 86.55% | 25.22% | 14.75% | 33.53% | 92.17% | -8.65% | 16.55% | 4.53% | -17.63% |
HUT Hut 8 Corp. Common Stock | 185.79% | 124.21% | 53.60% | 213.88% | -89.17% | 185.45% | 250.63% | -25.02% | -70.92% |
Correlation
The correlation between ADEA and HUT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2018 | 0.24 |
The correlation between ADEA and HUT shifts across timeframes, from 0.24 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ADEA:
$3.66B
HUT:
$14.58B
ADEA:
$1.08
HUT:
-$2.73
ADEA:
7.84
HUT:
10.57
ADEA:
$460.49M
HUT:
-$40.96M
ADEA:
$312.21M
HUT:
-$132.19M
ADEA:
$235.56M
HUT:
-$306.16M
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Return for Risk
ADEA vs. HUT — Risk / Return Rank
ADEA
HUT
ADEA vs. HUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adeia Inc (ADEA) and Hut 8 Corp. Common Stock (HUT). 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.
| ADEA | HUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.55 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 18.76 | -14.48 |
| Martin ratioReturn relative to average drawdown | 12.20 | 51.68 | -39.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ADEA | HUT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 7.07 | -4.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.44 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.24 | -0.04 |
Drawdowns
ADEA vs. HUT - Drawdown Comparison
The maximum ADEA drawdown since its inception was -80.75%, smaller than the maximum HUT drawdown of -95.04%. Use the drawdown chart below to compare losses from any high point for ADEA and HUT.
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Drawdown Indicators
| ADEA | HUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.75% | -95.04% | +14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -34.81% | -38.62% | +3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -34.81% | -71.68% | +36.87% |
Max Drawdown (5Y)Largest decline over 5 years | -39.27% | -95.04% | +55.77% |
Max Drawdown (10Y)Largest decline over 10 years | -73.66% | — | — |
Current DrawdownCurrent decline from peak | -4.52% | -1.30% | -3.22% |
Average DrawdownAverage peak-to-trough decline | -37.87% | -63.75% | +25.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 13.99% | -1.81% |
Volatility
ADEA vs. HUT - Volatility Comparison
The current volatility for Adeia Inc (ADEA) is 29.27%, while Hut 8 Corp. Common Stock (HUT) has a volatility of 35.48%. This indicates that ADEA experiences smaller price fluctuations and is considered to be less risky than HUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADEA | HUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.27% | 35.48% | -6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 47.80% | 76.12% | -28.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.37% | 102.50% | -42.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.07% | 106.22% | -44.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.27% | 114.77% | -58.50% |
Dividends
ADEA vs. HUT - Dividend Comparison
ADEA's dividend yield for the trailing twelve months is around 0.62%, while HUT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADEA Adeia Inc | 0.62% | 1.16% | 1.43% | 1.61% | 0.95% | 1.06% | 2.39% | 4.32% | 4.35% | 3.28% | 1.81% | 2.67% |
HUT Hut 8 Corp. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ADEA vs. HUT - Financials Comparison
This section allows you to compare key financial metrics between Adeia Inc and Hut 8 Corp. Common Stock. 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
Frequently Asked Questions
ADEA and HUT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUT has higher volatility (35.48%) compared to ADEA (29.27%). In terms of maximum drawdown, ADEA dropped -80.75% vs HUT's -95.04%.
HUT currently has the higher Sharpe Ratio (7.07 vs 2.47), 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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