ADI vs. AI

Last updated Jun 23, 2026

ADI (Analog Devices, Inc.) and AI (C3.ai, Inc.) are both stocks. Both are in the Technology sector — ADI in Semiconductors, AI in Information Technology Services. Over the past 5 years, ADI returned 24.27%/yr vs -30.92%/yr for AI. At a 0.38 correlation, their price movements are largely independent.

Performance

ADI vs. AI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Analog Devices, Inc. (ADI) and C3.ai, Inc. (AI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADI achieves a 65.23% return, which is significantly higher than AI's -28.04% return.

ADI

• 1D: 2.54%
• 1M: 12.50%
• YTD: 65.23%
• 6M: 62.46%
• 1Y: 97.71%
• 3Y*: 35.99%
• 5Y*: 24.27%
• 10Y*: 25.60%

AI

• 1D: -5.83%
• 1M: 4.41%
• YTD: -28.04%
• 6M: -33.65%
• 1Y: -58.90%
• 3Y*: -33.77%
• 5Y*: -30.92%
• 10Y*: —

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

ADI vs. AI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ADI Analog Devices, Inc.	65.23%	29.75%	8.82%	23.36%	-4.91%	20.96%	1.09%
AI C3.ai, Inc.	-28.04%	-60.85%	19.92%	156.57%	-64.19%	-77.48%	38.75%

Correlation

The correlation between ADI and AI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	0.38

The correlation between ADI and AI shifts across timeframes, from 0.21 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ADI : $218.49B AI : $1.42B
EPS ADI : $6.72 AI : -$3.37
PS Ratio ADI : 17.24 AI : 5.42
PB Ratio ADI : 6.48 AI : 2.17
Total Revenue (TTM) ADI : $12.74B AI : $250.27M
Gross Profit (TTM) ADI : $8.22B AI : $77.38M
EBITDA (TTM) ADI : $6.19B AI : -$461.00M

Return for Risk

ADI vs. AI — Risk / Return Rank

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

ADI

ADI Risk / Return Rank: 94
ADI Sharpe Ratio Rank: 95
ADI Sortino Ratio Rank: 94
ADI Omega Ratio Rank: 93
ADI Calmar Ratio Rank: 95
ADI Martin Ratio Rank: 95

AI

AI Risk / Return Rank: 10
AI Sharpe Ratio Rank: 7
AI Sortino Ratio Rank: 8
AI Omega Ratio Rank: 8
AI Calmar Ratio Rank: 11
AI Martin Ratio Rank: 17

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.

ADI vs. AI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Analog Devices, Inc. (ADI) and C3.ai, Inc. (AI). 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.

	ADI	AI	Difference
Sharpe ratio: Return per unit of total volatility	3.05	-0.90	+3.95
Sortino ratio: Return per unit of downside risk	3.83	-1.30	+5.13
Omega ratio: Gain probability vs. loss probability	1.48	0.83	+0.65
Calmar ratio: Return relative to maximum drawdown	6.25	-0.80	+7.05
Martin ratio: Return relative to average drawdown	17.16	-1.12	+18.28

ADI vs. AI - Sharpe Ratio Comparison

The current ADI Sharpe Ratio is 3.05, which is higher than the AI Sharpe Ratio of -0.90. The chart below compares the historical Sharpe Ratios of ADI and AI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADI vs. AI - Drawdown Comparison

The maximum ADI drawdown since its inception was -82.88%, smaller than the maximum AI drawdown of -95.63%. Use the drawdown chart below to compare losses from any high point for ADI and AI.

Drawdown Indicators

	ADI	AI	Difference
Max Drawdown Largest peak-to-trough decline	-82.88%	-95.63%	+12.75%
Max Drawdown (1Y) Largest decline over 1 year	-15.73%	-73.39%	+57.66%
Max Drawdown (3Y) Largest decline over 3 years	-32.20%	-82.51%	+50.31%
Max Drawdown (5Y) Largest decline over 5 years	-32.20%	-88.32%	+56.12%
Max Drawdown (10Y) Largest decline over 10 years	-33.62%	—	—
Current Drawdown Current decline from peak	0.00%	-94.53%	+94.53%
Average Drawdown Average peak-to-trough decline	-33.90%	-81.97%	+48.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.71%	52.73%	-47.02%

Volatility

ADI vs. AI - Volatility Comparison

The current volatility for Analog Devices, Inc. (ADI) is 15.23%, while C3.ai, Inc. (AI) has a volatility of 18.04%. This indicates that ADI experiences smaller price fluctuations and is considered to be less risky than AI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADI	AI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.23%	18.04%	-2.81%
Volatility (6M) Calculated over the trailing 6-month period	25.77%	48.17%	-22.40%
Volatility (1Y) Calculated over the trailing 1-year period	32.30%	65.65%	-33.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.25%	77.68%	-44.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.85%	81.99%	-49.14%

Dividends

ADI vs. AI - Dividend Comparison

ADI's dividend yield for the trailing twelve months is around 0.94%, while AI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADI Analog Devices, Inc.	0.94%	1.46%	1.73%	1.73%	1.85%	1.57%	1.68%	1.82%	2.24%	2.02%	2.31%	2.89%
AI C3.ai, 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%

Financials

Frequently Asked Questions

Can I hold both ADI and AI in my portfolio?

ADI and AI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADI or AI?

AI has higher volatility (18.04%) compared to ADI (15.23%). In terms of maximum drawdown, ADI dropped -82.88% vs AI's -95.63%.

Which has better risk-adjusted returns?

ADI currently has the higher Sharpe Ratio (3.05 vs -0.90), 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.