ADX vs. CET
Compare and contrast key facts about Adams Diversified Equity Fund, Inc. (ADX) and Central Securities Corp. (CET).
ADX is managed by Adams Funds. It was launched on Jan 2, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADX or CET.
Correlation
The correlation between ADX and CET is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADX vs. CET - Performance Comparison
Key characteristics
ADX:
2.20
CET:
2.70
ADX:
2.99
CET:
3.77
ADX:
1.39
CET:
1.48
ADX:
3.05
CET:
4.45
ADX:
12.20
CET:
18.28
ADX:
2.57%
CET:
1.53%
ADX:
14.27%
CET:
10.34%
ADX:
-56.83%
CET:
-56.65%
ADX:
-2.45%
CET:
-4.27%
Returns By Period
In the year-to-date period, ADX achieves a 28.82% return, which is significantly higher than CET's 26.54% return. Over the past 10 years, ADX has underperformed CET with an annualized return of 11.29%, while CET has yielded a comparatively higher 12.52% annualized return.
ADX
28.82%
-0.35%
5.37%
30.29%
12.37%
11.29%
CET
26.54%
-1.51%
9.03%
26.40%
13.08%
12.52%
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Risk-Adjusted Performance
ADX vs. CET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adams Diversified Equity Fund, Inc. (ADX) and Central Securities Corp. (CET). 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.
Dividends
ADX vs. CET - Dividend Comparison
ADX's dividend yield for the trailing twelve months is around 12.33%, more than CET's 5.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADX Adams Diversified Equity Fund, Inc. | 12.33% | 7.34% | 7.36% | 1.13% | 5.96% | 9.00% | 15.85% | 9.18% | 1.57% | 1.17% | 8.63% | 6.43% |
CET Central Securities Corp. | 5.06% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% | 17.03% |
Drawdowns
ADX vs. CET - Drawdown Comparison
The maximum ADX drawdown since its inception was -56.83%, roughly equal to the maximum CET drawdown of -56.65%. Use the drawdown chart below to compare losses from any high point for ADX and CET. For additional features, visit the drawdowns tool.
Volatility
ADX vs. CET - Volatility Comparison
Adams Diversified Equity Fund, Inc. (ADX) has a higher volatility of 3.80% compared to Central Securities Corp. (CET) at 3.15%. This indicates that ADX's price experiences larger fluctuations and is considered to be riskier than CET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.