ADP vs. FUTY

Last updated Jun 13, 2026

ADP (Automatic Data Processing, Inc.) is a stock, while FUTY (Fidelity MSCI Utilities Index ETF) is Utilities Equities fund tracking the MSCI USA IMI Utilities Index. Over the past 10 years, ADP returned 12.40%/yr vs 9.07%/yr for FUTY. At a 0.38 correlation, their price movements are largely independent.

Performance

ADP vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Automatic Data Processing, Inc. (ADP) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADP achieves a -10.66% return, which is significantly lower than FUTY's 4.88% return. Over the past 10 years, ADP has outperformed FUTY with an annualized return of 12.40%, while FUTY has yielded a comparatively lower 9.07% annualized return.

ADP

• 1D: 0.96%
• 1M: 9.25%
• YTD: -10.66%
• 6M: -13.64%
• 1Y: -24.57%
• 3Y*: 3.25%
• 5Y*: 4.80%
• 10Y*: 12.40%

FUTY

• 1D: 1.14%
• 1M: -0.35%
• YTD: 4.88%
• 6M: 5.07%
• 1Y: 11.80%
• 3Y*: 13.69%
• 5Y*: 9.19%
• 10Y*: 9.07%

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

ADP vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADP Automatic Data Processing, Inc.	-10.66%	-10.18%	28.41%	-0.25%	-1.29%	42.60%	5.86%	32.71%	14.25%	16.54%
FUTY Fidelity MSCI Utilities Index ETF	4.88%	16.40%	23.20%	-7.46%	1.12%	17.53%	-0.80%	24.89%	4.36%	12.52%

Correlation

The correlation between ADP and FUTY is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.38

The correlation between ADP and FUTY shifts across timeframes, from -0.01 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADP vs. FUTY — Risk / Return Rank

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

ADP

ADP Risk / Return Rank: 11
ADP Sharpe Ratio Rank: 5
ADP Sortino Ratio Rank: 7
ADP Omega Ratio Rank: 8
ADP Calmar Ratio Rank: 19
ADP Martin Ratio Rank: 16

FUTY

FUTY Risk / Return Rank: 26
FUTY Sharpe Ratio Rank: 26
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 30
FUTY Martin Ratio Rank: 24

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.

ADP vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Automatic Data Processing, Inc. (ADP) and Fidelity MSCI Utilities Index ETF (FUTY). 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.

	ADP	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	-1.02	0.82	-1.84
Sortino ratio: Return per unit of downside risk	-1.41	1.19	-2.60
Omega ratio: Gain probability vs. loss probability	0.83	1.15	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.65	1.33	-1.97
Martin ratio: Return relative to average drawdown	-1.21	2.88	-4.08

ADP vs. FUTY - Sharpe Ratio Comparison

The current ADP Sharpe Ratio is -1.02, which is lower than the FUTY Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of ADP and FUTY, 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

ADP vs. FUTY - Drawdown Comparison

The maximum ADP drawdown since its inception was -59.51%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for ADP and FUTY.

Drawdown Indicators

	ADP	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-59.51%	-36.44%	-23.07%
Max Drawdown (1Y) Largest decline over 1 year	-38.16%	-8.93%	-29.23%
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	-17.35%	-23.43%
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	-25.11%	-15.67%
Max Drawdown (10Y) Largest decline over 10 years	-40.78%	-36.44%	-4.34%
Current Drawdown Current decline from peak	-28.50%	-5.74%	-22.76%
Average Drawdown Average peak-to-trough decline	-12.59%	-6.03%	-6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.40%	4.11%	+16.29%

Volatility

ADP vs. FUTY - Volatility Comparison

Automatic Data Processing, Inc. (ADP) has a higher volatility of 9.18% compared to Fidelity MSCI Utilities Index ETF (FUTY) at 5.63%. This indicates that ADP's price experiences larger fluctuations and is considered to be riskier than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADP	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	5.63%	+3.55%
Volatility (6M) Calculated over the trailing 6-month period	20.54%	11.54%	+9.00%
Volatility (1Y) Calculated over the trailing 1-year period	24.29%	14.43%	+9.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.07%	17.10%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	19.06%	+5.43%

Dividends

ADP vs. FUTY - Dividend Comparison

ADP's dividend yield for the trailing twelve months is around 3.62%, more than FUTY's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADP Automatic Data Processing, Inc.	3.62%	2.46%	1.96%	2.21%	1.83%	1.55%	2.08%	1.92%	2.14%	2.00%	2.10%	2.36%
FUTY Fidelity MSCI Utilities Index ETF	2.57%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both ADP and FUTY in my portfolio?

ADP and FUTY have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADP or FUTY?

ADP has higher volatility (9.18%) compared to FUTY (5.63%). In terms of maximum drawdown, ADP dropped -59.51% vs FUTY's -36.44%.

Which has better risk-adjusted returns?

FUTY currently has the higher Sharpe Ratio (0.82 vs -1.02), 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.