HD vs. ADEA
HD (The Home Depot, Inc.) and ADEA (Adeia Inc) are both stocks. HD operates in Home Improvement Retail (Consumer Cyclical), while ADEA operates in Software - Application (Technology). Over the past 10 years, HD returned 12.81%/yr vs 16.91%/yr for ADEA. At a 0.31 correlation, their price movements are largely independent.
Performance
HD vs. ADEA - Performance Comparison
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Returns By Period
In the year-to-date period, HD achieves a -3.21% return, which is significantly lower than ADEA's 85.80% return. Over the past 10 years, HD has underperformed ADEA with an annualized return of 12.81%, while ADEA has yielded a comparatively higher 16.91% annualized return.
HD
- 1D
- 0.73%
- 1M
- 9.35%
- YTD
- -3.21%
- 6M
- -7.39%
- 1Y
- -7.17%
- 3Y*
- 5.70%
- 5Y*
- 3.66%
- 10Y*
- 12.81%
ADEA
- 1D
- -2.15%
- 1M
- 0.82%
- YTD
- 85.80%
- 6M
- 144.66%
- 1Y
- 133.63%
- 3Y*
- 46.44%
- 5Y*
- 42.19%
- 10Y*
- 16.91%
HD vs. ADEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | -3.21% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
ADEA Adeia Inc | 85.80% | 25.22% | 14.75% | 33.53% | 92.17% | -8.65% | 16.55% | 4.53% | -21.13% | -43.16% |
Correlation
The correlation between HD and ADEA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2003 | 0.31 |
The correlation between HD and ADEA shifts across timeframes, from 0.16 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HD:
$327.08B
ADEA:
$3.65B
HD:
$14.08
ADEA:
$1.08
HD:
23.33
ADEA:
29.57
HD:
1.96
ADEA:
7.84
HD:
23.57
ADEA:
7.81
HD:
$166.59B
ADEA:
$460.49M
HD:
$55.19B
ADEA:
$312.21M
HD:
$23.12B
ADEA:
$235.56M
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Return for Risk
HD vs. ADEA — Risk / Return Rank
HD
ADEA
HD vs. ADEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Home Depot, Inc. (HD) and Adeia Inc (ADEA). 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.
| HD | ADEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.46 | ||
| Sortino ratioReturn per unit of downside risk | -3.04 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.40 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 3.86 | -4.11 |
| Martin ratioReturn relative to average drawdown | -0.50 | 10.97 | -11.47 |
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Drawdowns
HD vs. ADEA - Drawdown Comparison
The maximum HD drawdown since its inception was -70.46%, smaller than the maximum ADEA drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for HD and ADEA.
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Drawdown Indicators
| HD | ADEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -80.75% | +10.29% |
Max Drawdown (1Y)Largest decline over 1 year | -28.81% | -34.81% | +6.00% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -34.81% | +5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | -38.97% | +4.24% |
Max Drawdown (10Y)Largest decline over 10 years | -37.99% | -73.66% | +35.67% |
Current DrawdownCurrent decline from peak | -20.86% | -4.91% | -15.95% |
Average DrawdownAverage peak-to-trough decline | -20.60% | -37.82% | +17.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.34% | 12.25% | +2.09% |
Volatility
HD vs. ADEA - Volatility Comparison
The current volatility for The Home Depot, Inc. (HD) is 6.82%, while Adeia Inc (ADEA) has a volatility of 23.40%. This indicates that HD experiences smaller price fluctuations and is considered to be less risky than ADEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HD | ADEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.82% | 23.40% | -16.58% |
Volatility (6M)Calculated over the trailing 6-month period | 17.97% | 50.06% | -32.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.74% | 62.21% | -38.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.12% | 62.42% | -38.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.84% | 56.47% | -31.63% |
Dividends
HD vs. ADEA - Dividend Comparison
HD's dividend yield for the trailing twelve months is around 2.82%, more than ADEA's 0.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADEA Adeia Inc | 0.63% | 1.16% | 1.43% | 1.61% | 0.95% | 1.06% | 2.39% | 4.32% | 4.35% | 3.28% | 1.81% | 2.67% |
HD The Home Depot, Inc. | 2.82% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
Financials
HD vs. ADEA - Financials Comparison
This section allows you to compare key financial metrics between The Home Depot, Inc. and Adeia Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HD vs. ADEA - Profitability Comparison
HD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a gross profit of 13.78B and revenue of 41.77B. Therefore, the gross margin over that period was 33.0%.
ADEA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a gross profit of 0.00 and revenue of 104.77M. Therefore, the gross margin over that period was 0.0%.
HD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported an operating income of 4.98B and revenue of 41.77B, resulting in an operating margin of 11.9%.
ADEA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported an operating income of 34.83M and revenue of 104.77M, resulting in an operating margin of 33.3%.
HD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a net income of 3.29B and revenue of 41.77B, resulting in a net margin of 7.9%.
ADEA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adeia Inc reported a net income of 22.77M and revenue of 104.77M, resulting in a net margin of 21.7%.
Frequently Asked Questions
HD and ADEA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADEA has higher volatility (23.40%) compared to HD (6.82%). In terms of maximum drawdown, HD dropped -70.46% vs ADEA's -80.75%.
ADEA currently has the higher Sharpe Ratio (2.16 vs -0.30), 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.
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