AI vs. ADI

Last updated Jun 23, 2026

AI (C3.ai, Inc.) and ADI (Analog Devices, Inc.) are both stocks. Both are in the Technology sector — AI in Information Technology Services, ADI in Semiconductors. Over the past 5 years, AI returned -30.92%/yr vs 24.27%/yr for ADI. At a 0.38 correlation, their price movements are largely independent.

Performance

AI vs. ADI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in C3.ai, Inc. (AI) and Analog Devices, Inc. (ADI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AI achieves a -28.04% return, which is significantly lower than ADI's 65.23% return.

AI

• 1D: -5.83%
• 1M: 4.41%
• YTD: -28.04%
• 6M: -33.65%
• 1Y: -58.90%
• 3Y*: -33.77%
• 5Y*: -30.92%
• 10Y*: —

ADI

• 1D: 2.54%
• 1M: 12.50%
• YTD: 65.23%
• 6M: 62.46%
• 1Y: 97.71%
• 3Y*: 35.99%
• 5Y*: 24.27%
• 10Y*: 25.60%

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

AI vs. ADI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AI C3.ai, Inc.	-28.04%	-60.85%	19.92%	156.57%	-64.19%	-77.48%	38.75%
ADI Analog Devices, Inc.	65.23%	29.75%	8.82%	23.36%	-4.91%	20.96%	1.09%

Correlation

The correlation between AI and ADI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020	0.38

The correlation between AI and ADI shifts across timeframes, from 0.21 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AI : $1.42B ADI : $218.49B
EPS AI : -$3.37 ADI : $6.72
PS Ratio AI : 5.42 ADI : 17.24
PB Ratio AI : 2.17 ADI : 6.48
Total Revenue (TTM) AI : $250.27M ADI : $12.74B
Gross Profit (TTM) AI : $77.38M ADI : $8.22B
EBITDA (TTM) AI : -$461.00M ADI : $6.19B

Return for Risk

AI vs. ADI — Risk / Return Rank

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

AI

AI Risk / Return Rank: 10
AI Sharpe Ratio Rank: 7
AI Sortino Ratio Rank: 8
AI Omega Ratio Rank: 8
AI Calmar Ratio Rank: 11
AI Martin Ratio Rank: 17

ADI

ADI Risk / Return Rank: 94
ADI Sharpe Ratio Rank: 95
ADI Sortino Ratio Rank: 94
ADI Omega Ratio Rank: 93
ADI Calmar Ratio Rank: 95
ADI Martin Ratio Rank: 95

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.

AI vs. ADI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for C3.ai, Inc. (AI) and Analog Devices, Inc. (ADI). 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.

	AI	ADI	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	3.05	-3.95
Sortino ratio: Return per unit of downside risk	-1.30	3.83	-5.13
Omega ratio: Gain probability vs. loss probability	0.83	1.48	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.80	6.25	-7.05
Martin ratio: Return relative to average drawdown	-1.12	17.16	-18.28

AI vs. ADI - Sharpe Ratio Comparison

The current AI Sharpe Ratio is -0.90, which is lower than the ADI Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of AI and ADI, 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

AI vs. ADI - Drawdown Comparison

The maximum AI drawdown since its inception was -95.63%, which is greater than ADI's maximum drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for AI and ADI.

Drawdown Indicators

	AI	ADI	Difference
Max Drawdown Largest peak-to-trough decline	-95.63%	-82.88%	-12.75%
Max Drawdown (1Y) Largest decline over 1 year	-73.39%	-15.73%	-57.66%
Max Drawdown (3Y) Largest decline over 3 years	-82.51%	-32.20%	-50.31%
Max Drawdown (5Y) Largest decline over 5 years	-88.32%	-32.20%	-56.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.62%	—
Current Drawdown Current decline from peak	-94.53%	0.00%	-94.53%
Average Drawdown Average peak-to-trough decline	-81.97%	-33.90%	-48.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.73%	5.71%	+47.02%

Volatility

AI vs. ADI - Volatility Comparison

C3.ai, Inc. (AI) has a higher volatility of 18.04% compared to Analog Devices, Inc. (ADI) at 15.23%. This indicates that AI's price experiences larger fluctuations and is considered to be riskier than ADI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AI	ADI	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.04%	15.23%	+2.81%
Volatility (6M) Calculated over the trailing 6-month period	48.17%	25.77%	+22.40%
Volatility (1Y) Calculated over the trailing 1-year period	65.65%	32.30%	+33.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.68%	33.25%	+44.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.99%	32.85%	+49.14%

Dividends

AI vs. ADI - Dividend Comparison

AI has not paid dividends to shareholders, while ADI's dividend yield for the trailing twelve months is around 0.94%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADI Analog Devices, Inc.	0.94%	1.46%	1.73%	1.73%	1.85%	1.57%	1.68%	1.82%	2.24%	2.02%	2.31%	2.89%
AI C3.ai, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AI and ADI in my portfolio?

AI and ADI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AI or ADI?

AI has higher volatility (18.04%) compared to ADI (15.23%). In terms of maximum drawdown, AI dropped -95.63% vs ADI's -82.88%.

Which has better risk-adjusted returns?

ADI currently has the higher Sharpe Ratio (3.05 vs -0.90), 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.