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ADX vs. RSG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ADX and RSG is 0.41, 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.


-0.50.00.51.00.4

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.

500.00%1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
626.60%
1,780.04%
ADX
RSG

Key characteristics

Sharpe Ratio

ADX:

2.20

RSG:

1.88

Sortino Ratio

ADX:

2.99

RSG:

2.36

Omega Ratio

ADX:

1.39

RSG:

1.35

Calmar Ratio

ADX:

3.05

RSG:

3.46

Martin Ratio

ADX:

12.20

RSG:

11.24

Ulcer Index

ADX:

2.57%

RSG:

2.41%

Daily Std Dev

ADX:

14.27%

RSG:

14.41%

Max Drawdown

ADX:

-56.83%

RSG:

-65.98%

Current Drawdown

ADX:

-2.45%

RSG:

-6.87%

Returns By Period

In the year-to-date period, ADX achieves a 28.82% return, which is significantly higher than RSG's 24.59% return. Over the past 10 years, ADX has underperformed RSG with an annualized return of 11.29%, while RSG has yielded a comparatively higher 19.74% annualized return.


ADX

YTD

28.82%

1M

-0.35%

6M

5.37%

1Y

30.29%

5Y*

12.37%

10Y*

11.29%

RSG

YTD

24.59%

1M

-4.18%

6M

6.80%

1Y

27.52%

5Y*

19.79%

10Y*

19.74%

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Risk-Adjusted Performance

ADX vs. RSG - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for ADX, currently valued at 2.20, compared to the broader market-1.000.001.002.003.004.002.201.88
The chart of Sortino ratio for ADX, currently valued at 2.99, compared to the broader market-2.000.002.004.006.008.0010.002.992.36
The chart of Omega ratio for ADX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.391.35
The chart of Calmar ratio for ADX, currently valued at 3.05, compared to the broader market0.002.004.006.008.0010.0012.0014.003.053.46
The chart of Martin ratio for ADX, currently valued at 12.20, compared to the broader market0.0020.0040.0060.0012.2011.24
ADX
RSG

The current ADX Sharpe Ratio is 2.20, which is comparable to the RSG Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of ADX and RSG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.20
1.88
ADX
RSG

Dividends

ADX vs. RSG - Dividend Comparison

ADX's dividend yield for the trailing twelve months is around 12.33%, more than RSG's 1.07% yield.


TTM20232022202120202019201820172016201520142013
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%
RSG
Republic Services, Inc.
1.07%1.25%1.48%1.27%1.72%1.74%2.00%1.97%2.17%2.64%2.68%2.98%

Drawdowns

ADX vs. RSG - Drawdown Comparison

The maximum ADX drawdown since its inception was -56.83%, smaller than the maximum RSG drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for ADX and RSG. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.45%
-6.87%
ADX
RSG

Volatility

ADX vs. RSG - Volatility Comparison

Adams Diversified Equity Fund, Inc. (ADX) has a higher volatility of 3.80% compared to Republic Services, Inc. (RSG) at 3.58%. This indicates that ADX's price experiences larger fluctuations and is considered to be riskier than RSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
3.80%
3.58%
ADX
RSG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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