ADS.DE vs. AMAT

Last updated Jun 4, 2026

ADS.DE (Adidas AG) and AMAT (Applied Materials, Inc.) are both stocks. ADS.DE operates in Footwear & Accessories (Consumer Cyclical), while AMAT operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, ADS.DE returned 4.36%/yr vs 36.48%/yr for AMAT. At a 0.24 correlation, their price movements are largely independent.

Performance

ADS.DE vs. AMAT - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Adidas AG (ADS.DE) and Applied Materials, Inc. (AMAT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ADS.DE is traded in EUR, while AMAT is traded in USD. To make them comparable, the AMAT values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ADS.DE achieves a -2.61% return, which is significantly lower than AMAT's 97.69% return. Over the past 10 years, ADS.DE has underperformed AMAT with an annualized return of 4.36%, while AMAT has yielded a comparatively higher 36.48% annualized return.

ADS.DE

• 1D: -3.15%
• 1M: 16.55%
• YTD: -2.61%
• 6M: 3.06%
• 1Y: -23.89%
• 3Y*: 1.47%
• 5Y*: -10.48%
• 10Y*: 4.36%

AMAT

• 1D: 2.41%
• 1M: 29.02%
• YTD: 97.69%
• 6M: 87.91%
• 1Y: 205.67%
• 3Y*: 52.07%
• 5Y*: 31.38%
• 10Y*: 36.48%

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

ADS.DE vs. AMAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADS.DE Adidas AG	-2.61%	-27.95%	28.98%	45.09%	-48.72%	-14.11%	2.80%	61.04%	10.63%	12.58%
AMAT Applied Materials, Inc.	97.69%	40.66%	7.80%	62.94%	-33.67%	97.37%	31.48%	94.14%	-31.87%	40.22%

Correlation

The correlation between ADS.DE and AMAT is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007	0.24

The correlation between ADS.DE and AMAT shifts across timeframes, from 0.08 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADS.DE vs. AMAT — Risk / Return Rank

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

ADS.DE

ADS.DE Risk / Return Rank: 15
ADS.DE Sharpe Ratio Rank: 11
ADS.DE Sortino Ratio Rank: 13
ADS.DE Omega Ratio Rank: 13
ADS.DE Calmar Ratio Rank: 18
ADS.DE Martin Ratio Rank: 21

AMAT

AMAT Risk / Return Rank: 96
AMAT Sharpe Ratio Rank: 98
AMAT Sortino Ratio Rank: 95
AMAT Omega Ratio Rank: 95
AMAT Calmar Ratio Rank: 97
AMAT Martin Ratio Rank: 97

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.

ADS.DE vs. AMAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adidas AG (ADS.DE) and Applied Materials, Inc. (AMAT). 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.

	ADS.DE	AMAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	4.53	-5.25
Sortino ratio: Return per unit of downside risk	-0.85	4.07	-4.92
Omega ratio: Gain probability vs. loss probability	0.89	1.58	-0.69
Calmar ratio: Return relative to maximum drawdown	-0.61	9.51	-10.12
Martin ratio: Return relative to average drawdown	-0.99	28.13	-29.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADS.DE vs. AMAT - Sharpe Ratio Comparison

The current ADS.DE Sharpe Ratio is -0.72, which is lower than the AMAT Sharpe Ratio of 4.53. The chart below compares the historical Sharpe Ratios of ADS.DE and AMAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ADS.DE	AMAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.72	4.53	-5.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	0.74	-1.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.86	-0.73
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.55	-0.21

Drawdowns

ADS.DE vs. AMAT - Drawdown Comparison

The maximum ADS.DE drawdown since its inception was -71.54%, which is greater than AMAT's maximum drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for ADS.DE and AMAT.

Drawdown Indicators

	ADS.DE	AMAT	Difference
Max Drawdown Largest peak-to-trough decline	-71.54%	-58.42%	-13.12%
Max Drawdown (1Y) Largest decline over 1 year	-38.88%	-21.78%	-17.10%
Max Drawdown (3Y) Largest decline over 3 years	-49.81%	-50.48%	+0.67%
Max Drawdown (5Y) Largest decline over 5 years	-71.54%	-50.48%	-21.06%
Max Drawdown (10Y) Largest decline over 10 years	-71.54%	-50.48%	-21.06%
Current Drawdown Current decline from peak	-49.30%	0.00%	-49.30%
Average Drawdown Average peak-to-trough decline	-24.40%	-21.32%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.97%	7.34%	+16.63%

Volatility

ADS.DE vs. AMAT - Volatility Comparison

The current volatility for Adidas AG (ADS.DE) is 9.77%, while Applied Materials, Inc. (AMAT) has a volatility of 14.66%. This indicates that ADS.DE experiences smaller price fluctuations and is considered to be less risky than AMAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADS.DE	AMAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.77%	14.66%	-4.89%
Volatility (6M) Calculated over the trailing 6-month period	23.42%	34.35%	-10.93%
Volatility (1Y) Calculated over the trailing 1-year period	33.20%	45.75%	-12.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.60%	42.78%	-8.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.33%	42.45%	-10.12%

Dividends

ADS.DE vs. AMAT - Dividend Comparison

ADS.DE's dividend yield for the trailing twelve months is around 1.73%, more than AMAT's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADS.DE Adidas AG	1.73%	1.18%	0.30%	0.38%	2.59%	1.18%	0.00%	1.16%	1.43%	1.20%	1.07%	1.67%
AMAT Applied Materials, Inc.	0.38%	0.69%	0.93%	0.75%	1.05%	0.60%	1.01%	1.36%	2.14%	0.78%	1.24%	2.14%

Financials

Frequently Asked Questions

Can I hold both ADS.DE and AMAT in my portfolio?

ADS.DE and AMAT have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.