GRF vs. ADX

Last updated Apr 1, 2026

Compare and contrast key facts about Eagle Capital Growth Fund, Inc. (GRF) and Adams Diversified Equity Fund, Inc. (ADX).

ADX is managed by Adams Funds. It was launched on Jan 2, 1990.

Performance

GRF vs. ADX - Performance Comparison

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

GRF vs. ADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GRF Eagle Capital Growth Fund, Inc.	-4.16%	19.10%	10.29%	14.92%	-6.51%	31.88%	7.00%	17.91%	-1.08%	15.16%
ADX Adams Diversified Equity Fund, Inc.	-4.23%	26.03%	28.31%	31.49%	-19.82%	29.69%	17.28%	36.75%	-3.58%	29.61%

Returns By Period

The year-to-date returns for both stocks are quite close, with GRF having a -4.16% return and ADX slightly lower at -4.23%. Over the past 10 years, GRF has underperformed ADX with an annualized return of 10.57%, while ADX has yielded a comparatively higher 16.41% annualized return.

GRF

• 1D: 0.00%
• 1M: -3.26%
• YTD: -4.16%
• 6M: 5.87%
• 1Y: 13.45%
• 3Y*: 14.73%
• 5Y*: 11.85%
• 10Y*: 10.57%

ADX

• 1D: 4.04%
• 1M: -5.48%
• YTD: -4.23%
• 6M: 2.17%
• 1Y: 25.55%
• 3Y*: 23.81%
• 5Y*: 14.65%
• 10Y*: 16.41%

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

Return for Risk

GRF vs. ADX — Risk / Return Rank

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

GRF

GRF Risk / Return Rank: 59
GRF Sharpe Ratio Rank: 59
GRF Sortino Ratio Rank: 53
GRF Omega Ratio Rank: 54
GRF Calmar Ratio Rank: 63
GRF Martin Ratio Rank: 66

ADX

ADX Risk / Return Rank: 83
ADX Sharpe Ratio Rank: 77
ADX Sortino Ratio Rank: 81
ADX Omega Ratio Rank: 77
ADX Calmar Ratio Rank: 88
ADX Martin Ratio Rank: 92

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.

GRF vs. ADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eagle Capital Growth Fund, Inc. (GRF) 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.

	GRF	ADX	Difference
Sharpe ratio Return per unit of total volatility	0.47	1.38	-0.91
Sortino ratio Return per unit of downside risk	0.90	2.06	-1.16
Omega ratio Gain probability vs. loss probability	1.13	1.29	-0.16
Calmar ratio Return relative to maximum drawdown	0.99	2.33	-1.34
Martin ratio Return relative to average drawdown	2.75	10.84	-8.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GRF vs. ADX - Sharpe Ratio Comparison

The current GRF Sharpe Ratio is 0.47, which is lower than the ADX Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of GRF and ADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GRF	ADX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	1.38	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.86	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.92	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.09	+0.17

Correlation

The correlation between GRF and ADX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GRF vs. ADX - Dividend Comparison

GRF's dividend yield for the trailing twelve months is around 8.29%, less than ADX's 8.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRF Eagle Capital Growth Fund, Inc.	8.29%	7.94%	6.97%	3.70%	4.32%	10.20%	6.89%	6.98%	7.26%	6.42%	16.19%	6.59%
ADX Adams Diversified Equity Fund, Inc.	8.45%	7.93%	12.38%	7.34%	7.36%	15.35%	6.54%	9.00%	15.85%	9.18%	7.79%	7.17%

Drawdowns

GRF vs. ADX - Drawdown Comparison

The maximum GRF drawdown since its inception was -61.02%, smaller than the maximum ADX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for GRF and ADX.

Drawdown Indicators

	GRF	ADX	Difference
Max Drawdown Largest peak-to-trough decline	-61.02%	-71.60%	+10.58%
Max Drawdown (1Y) Largest decline over 1 year	-13.57%	-11.12%	-2.45%
Max Drawdown (5Y) Largest decline over 5 years	-24.98%	-25.07%	+0.09%
Max Drawdown (10Y) Largest decline over 10 years	-36.59%	-37.17%	+0.58%
Current Drawdown Current decline from peak	-11.37%	-6.53%	-4.84%
Average Drawdown Average peak-to-trough decline	-11.42%	-23.22%	+11.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	2.39%	+2.50%

Volatility

GRF vs. ADX - Volatility Comparison

Eagle Capital Growth Fund, Inc. (GRF) has a higher volatility of 7.17% compared to Adams Diversified Equity Fund, Inc. (ADX) at 6.18%. This indicates that GRF'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.

Volatility by Period

	GRF	ADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	6.18%	+0.99%
Volatility (6M) Calculated over the trailing 6-month period	21.18%	10.53%	+10.65%
Volatility (1Y) Calculated over the trailing 1-year period	28.85%	18.63%	+10.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.73%	17.20%	+12.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.10%	17.95%	+10.15%