ADI vs. HSCZ
ADI (Analog Devices, Inc.) is a stock, while HSCZ (iShares Currency Hedged MSCI EAFE Small Cap ETF) is Foreign Small & Mid Cap Equities fund tracking the MSCI EAFE Small-Cap 100% Hedged to USD Index. Over the past 10 years, ADI returned 24.34%/yr vs 12.35%/yr for HSCZ. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
ADI vs. HSCZ - Performance Comparison
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Returns By Period
In the year-to-date period, ADI achieves a 54.96% return, which is significantly higher than HSCZ's 10.99% return. Over the past 10 years, ADI has outperformed HSCZ with an annualized return of 24.34%, while HSCZ has yielded a comparatively lower 12.35% annualized return.
ADI
- 1D
- 1.37%
- 1M
- 0.35%
- YTD
- 54.96%
- 6M
- 50.45%
- 1Y
- 88.15%
- 3Y*
- 31.61%
- 5Y*
- 22.09%
- 10Y*
- 24.34%
HSCZ
- 1D
- 0.71%
- 1M
- 0.48%
- YTD
- 10.99%
- 6M
- 13.18%
- 1Y
- 29.11%
- 3Y*
- 18.32%
- 5Y*
- 10.94%
- 10Y*
- 12.35%
ADI vs. HSCZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 54.96% | 29.75% | 8.82% | 23.36% | -4.91% | 20.96% | 26.87% | 41.31% | -1.64% | 25.30% |
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 10.99% | 25.74% | 12.89% | 17.03% | -11.46% | 17.75% | 6.40% | 27.89% | -13.99% | 24.52% |
Correlation
The correlation between ADI and HSCZ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015 | 0.53 |
The correlation between ADI and HSCZ shifts across timeframes, from 0.47 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ADI vs. HSCZ — Risk / Return Rank
ADI
HSCZ
ADI vs. HSCZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Analog Devices, Inc. (ADI) and iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ). 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 | HSCZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.45 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.27 | 2.95 | +2.31 |
| Martin ratioReturn relative to average drawdown | 14.52 | 12.57 | +1.95 |
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Drawdowns
ADI vs. HSCZ - Drawdown Comparison
The maximum ADI drawdown since its inception was -82.88%, which is greater than HSCZ's maximum drawdown of -34.89%. Use the drawdown chart below to compare losses from any high point for ADI and HSCZ.
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Drawdown Indicators
| ADI | HSCZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.88% | -34.89% | -47.99% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -9.61% | -6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -32.20% | -12.81% | -19.39% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -20.11% | -12.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.62% | -34.89% | +1.27% |
Current DrawdownCurrent decline from peak | -4.54% | -0.60% | -3.94% |
Average DrawdownAverage peak-to-trough decline | -33.91% | -4.64% | -29.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 2.25% | +3.45% |
Volatility
ADI vs. HSCZ - Volatility Comparison
Analog Devices, Inc. (ADI) has a higher volatility of 14.81% compared to iShares Currency Hedged MSCI EAFE Small Cap ETF (HSCZ) at 4.08%. This indicates that ADI's price experiences larger fluctuations and is considered to be riskier than HSCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADI | HSCZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 4.08% | +10.73% |
Volatility (6M)Calculated over the trailing 6-month period | 25.30% | 9.68% | +15.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.01% | 11.60% | +20.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.13% | 13.52% | +19.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.78% | 15.68% | +17.10% |
Dividends
ADI vs. HSCZ - Dividend Comparison
ADI's dividend yield for the trailing twelve months is around 1.00%, less than HSCZ's 2.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 1.00% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
HSCZ iShares Currency Hedged MSCI EAFE Small Cap ETF | 2.93% | 3.25% | 3.26% | 2.98% | 26.91% | 2.90% | 1.46% | 4.66% | 6.15% | 2.52% | 2.57% | 1.75% |
Frequently Asked Questions
ADI and HSCZ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADI has higher volatility (14.81%) compared to HSCZ (4.08%). In terms of maximum drawdown, ADI dropped -82.88% vs HSCZ's -34.89%.
ADI currently has the higher Sharpe Ratio (2.59 vs 2.45), 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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