GAM vs. ADX
Compare and contrast key facts about General American Investors Company, Inc. (GAM) and Adams Diversified Equity Fund, Inc. (ADX).
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: GAM or ADX.
Key characteristics
| GAM | ADX | |
|---|---|---|
| YTD Return | 27.26% | 30.02% |
| 1Y Return | 37.30% | 41.62% |
| 3Y Return (Ann) | 15.74% | 11.66% |
| 5Y Return (Ann) | 14.16% | 16.60% |
| 10Y Return (Ann) | 10.09% | 13.83% |
| Sharpe Ratio | 3.11 | 3.02 |
| Sortino Ratio | 4.06 | 4.02 |
| Omega Ratio | 1.57 | 1.54 |
| Calmar Ratio | 5.00 | 4.56 |
| Martin Ratio | 23.54 | 16.69 |
| Ulcer Index | 1.63% | 2.54% |
| Daily Std Dev | 12.36% | 14.02% |
| Max Drawdown | -66.66% | -60.58% |
| Current Drawdown | -0.89% | -0.36% |
Correlation
The correlation between GAM and ADX is 0.58, 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
GAM vs. ADX - Performance Comparison
In the year-to-date period, GAM achieves a 27.26% return, which is significantly lower than ADX's 30.02% return. Over the past 10 years, GAM has underperformed ADX with an annualized return of 10.09%, while ADX has yielded a comparatively higher 13.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GAM vs. ADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for General American Investors Company, Inc. (GAM) and Adams Diversified Equity Fund, Inc. (ADX). 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
GAM vs. ADX - Dividend Comparison
GAM has not paid dividends to shareholders, while ADX's dividend yield for the trailing twelve months is around 7.53%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAM General American Investors Company, Inc. | 0.00% | 6.17% | 9.32% | 7.42% | 0.62% | 0.98% | 9.67% | 1.98% | 10.20% | 1.06% | 10.00% | 5.97% |
ADX Adams Diversified Equity Fund, Inc. | 7.53% | 7.34% | 7.36% | 1.13% | 5.96% | 9.00% | 15.85% | 9.18% | 1.57% | 1.17% | 8.63% | 6.43% |
Drawdowns
GAM vs. ADX - Drawdown Comparison
The maximum GAM drawdown since its inception was -66.66%, which is greater than ADX's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for GAM and ADX. For additional features, visit the drawdowns tool.
Volatility
GAM vs. ADX - Volatility Comparison
General American Investors Company, Inc. (GAM) has a higher volatility of 3.95% compared to Adams Diversified Equity Fund, Inc. (ADX) at 3.74%. This indicates that GAM's price experiences larger fluctuations and is considered to be riskier than ADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.