ADX vs. RSG

Last updated Jun 3, 2026

ADX (Adams Diversified Equity Fund, Inc.) is Large Cap Growth Equities fund managed by Adams Funds, while RSG (Republic Services, Inc.) is a stock. Over the past 10 years, ADX returned 18.34%/yr vs 17.16%/yr for RSG. At a 0.39 correlation, their price movements are largely independent.

Performance

ADX vs. RSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adams Diversified Equity Fund, Inc. (ADX) and Republic Services, Inc. (RSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADX achieves a 14.31% return, which is significantly higher than RSG's -4.29% return. Over the past 10 years, ADX has outperformed RSG with an annualized return of 18.34%, while RSG has yielded a comparatively lower 17.16% annualized return.

ADX

• 1D: 0.23%
• 1M: 6.22%
• YTD: 14.31%
• 6M: 15.96%
• 1Y: 35.41%
• 3Y*: 29.55%
• 5Y*: 17.67%
• 10Y*: 18.34%

RSG

• 1D: 0.42%
• 1M: -2.37%
• YTD: -4.29%
• 6M: -4.62%
• 1Y: -21.00%
• 3Y*: 13.06%
• 5Y*: 14.57%
• 10Y*: 17.16%

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

ADX vs. RSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADX Adams Diversified Equity Fund, Inc.	14.31%	26.03%	28.31%	31.49%	-19.82%	29.69%	17.28%	36.75%	-3.58%	29.61%
RSG Republic Services, Inc.	-4.29%	6.44%	23.03%	29.64%	-6.16%	47.03%	9.53%	26.62%	8.85%	20.96%

Correlation

The correlation between ADX and RSG is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jul 2, 1998	0.39

The correlation between ADX and RSG shifts across timeframes, from -0.09 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADX vs. RSG — Risk / Return Rank

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

ADX

ADX Risk / Return Rank: 77
ADX Sharpe Ratio Rank: 79
ADX Sortino Ratio Rank: 75
ADX Omega Ratio Rank: 65
ADX Calmar Ratio Rank: 78
ADX Martin Ratio Rank: 91

RSG

RSG Risk / Return Rank: 4
RSG Sharpe Ratio Rank: 2
RSG Sortino Ratio Rank: 4
RSG Omega Ratio Rank: 6
RSG Calmar Ratio Rank: 5
RSG Martin Ratio Rank: 5

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.

ADX vs. RSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adams Diversified Equity Fund, Inc. (ADX) and Republic Services, Inc. (RSG). 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.

	ADX	RSG	Difference
Sharpe ratio Return per unit of total volatility	2.58	-1.17	+3.75
Sortino ratio Return per unit of downside risk	3.61	-1.60	+5.21
Omega ratio Gain probability vs. loss probability	1.45	0.81	+0.63
Calmar ratio Return relative to maximum drawdown	3.53	-0.92	+4.45
Martin ratio Return relative to average drawdown	18.83	-1.47	+20.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADX vs. RSG - Sharpe Ratio Comparison

The current ADX Sharpe Ratio is 2.58, which is higher than the RSG Sharpe Ratio of -1.17. The chart below compares the historical Sharpe Ratios of ADX and RSG, 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

	ADX	RSG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	-1.17	+3.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.81	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.02	0.91	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.39	-0.29

Drawdowns

ADX vs. RSG - Drawdown Comparison

The maximum ADX drawdown since its inception was -71.60%, which is greater than RSG's maximum drawdown of -65.99%. Use the drawdown chart below to compare losses from any high point for ADX and RSG.

Drawdown Indicators

	ADX	RSG	Difference
Max Drawdown Largest peak-to-trough decline	-71.60%	-65.99%	-5.61%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	-22.05%	+11.89%
Max Drawdown (3Y) Largest decline over 3 years	-18.29%	-22.54%	+4.25%
Max Drawdown (5Y) Largest decline over 5 years	-25.07%	-22.54%	-2.53%
Max Drawdown (10Y) Largest decline over 10 years	-37.17%	-34.02%	-3.15%
Current Drawdown Current decline from peak	0.00%	-21.00%	+21.00%
Average Drawdown Average peak-to-trough decline	-23.13%	-11.83%	-11.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	14.09%	-12.19%

Volatility

ADX vs. RSG - Volatility Comparison

The current volatility for Adams Diversified Equity Fund, Inc. (ADX) is 3.75%, while Republic Services, Inc. (RSG) has a volatility of 6.44%. This indicates that ADX experiences smaller price fluctuations and is considered to be less risky than RSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADX	RSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	6.44%	-2.69%
Volatility (6M) Calculated over the trailing 6-month period	10.67%	13.23%	-2.56%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	18.05%	-4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.30%	18.05%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	19.03%	-1.00%

Dividends

ADX vs. RSG - Dividend Comparison

ADX's dividend yield for the trailing twelve months is around 7.30%, more than RSG's 1.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADX Adams Diversified Equity Fund, Inc.	7.30%	7.93%	12.38%	7.34%	7.36%	15.35%	6.54%	9.00%	15.85%	9.18%	7.79%	7.17%
RSG Republic Services, Inc.	1.22%	1.12%	0.82%	1.25%	1.48%	1.27%	1.72%	1.74%	2.00%	1.97%	2.17%	2.64%

Frequently Asked Questions

Can I hold both ADX and RSG in my portfolio?

ADX and RSG have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADX or RSG?

RSG has higher volatility (6.44%) compared to ADX (3.75%). In terms of maximum drawdown, ADX dropped -71.60% vs RSG's -65.99%.

Which has better risk-adjusted returns?

ADX currently has the higher Sharpe Ratio (2.58 vs -1.17), 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.