IOLZX vs. ADX
IOLZX (ICON Equity Fund) and ADX (Adams Diversified Equity Fund, Inc.) are both mutual funds - IOLZX is a Large Cap Growth Equities fund managed by ICON Funds, while ADX is a Large Cap Blend Equities fund actively managed by Adams Funds. Over the past 10 years, IOLZX returned 14.99%/yr vs 18.49%/yr for ADX. A 0.79 correlation means they provide meaningful diversification when combined. IOLZX charges 1.04%/yr vs 0.59%/yr for ADX.
Performance
IOLZX vs. ADX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IOLZX achieves a 30.41% return, which is significantly higher than ADX's 11.55% return. Over the past 10 years, IOLZX has underperformed ADX with an annualized return of 14.99%, while ADX has yielded a comparatively higher 18.49% annualized return.
IOLZX
- 1D
- 1.13%
- 1M
- 6.90%
- YTD
- 30.41%
- 6M
- 28.81%
- 1Y
- 55.27%
- 3Y*
- 24.24%
- 5Y*
- 12.51%
- 10Y*
- 14.99%
ADX
- 1D
- -1.15%
- 1M
- -0.08%
- YTD
- 11.55%
- 6M
- 13.84%
- 1Y
- 30.85%
- 3Y*
- 27.81%
- 5Y*
- 16.80%
- 10Y*
- 18.49%
IOLZX vs. ADX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOLZX ICON Equity Fund | 30.41% | 15.81% | 16.87% | 12.13% | -17.78% | 26.72% | 16.00% | 38.22% | -16.69% | 26.78% |
ADX Adams Diversified Equity Fund, Inc. | 11.55% | 26.03% | 28.31% | 31.49% | -19.82% | 29.69% | 17.28% | 36.75% | -3.58% | 29.61% |
Correlation
The correlation between IOLZX and ADX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2004 | 0.79 |
Over the past year, the correlation between IOLZX and ADX has dropped to 0.57 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IOLZX vs. ADX — Risk / Return Rank
IOLZX
ADX
IOLZX vs. ADX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICON Equity Fund (IOLZX) 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.
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.
| IOLZX | ADX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.37 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 3.05 | +0.82 |
| Martin ratioReturn relative to average drawdown | 13.68 | 15.50 | -1.82 |
Loading charts...
Drawdowns
IOLZX vs. ADX - Drawdown Comparison
The maximum IOLZX drawdown since its inception was -56.03%, smaller than the maximum ADX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for IOLZX and ADX.
Loading charts...
Drawdown Indicators
| IOLZX | ADX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.03% | -71.60% | +15.57% |
Max Drawdown (1Y)Largest decline over 1 year | -14.35% | -10.16% | -4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -24.71% | -18.29% | -6.42% |
Max Drawdown (5Y)Largest decline over 5 years | -27.77% | -25.07% | -2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -41.04% | -37.17% | -3.87% |
Current DrawdownCurrent decline from peak | 0.00% | -2.42% | +2.42% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -22.11% | +9.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 2.00% | +2.05% |
Volatility
IOLZX vs. ADX - Volatility Comparison
ICON Equity Fund (IOLZX) has a higher volatility of 7.46% compared to Adams Diversified Equity Fund, Inc. (ADX) at 4.82%. This indicates that IOLZX'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.
Loading charts...
Volatility by Period
| IOLZX | ADX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.46% | 4.82% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 15.90% | 11.24% | +4.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.56% | 14.45% | +5.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.56% | 17.40% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.43% | 18.07% | +4.36% |
IOLZX vs. ADX - Expense Ratio Comparison
IOLZX has a 1.04% expense ratio, which is higher than ADX's 0.59% expense ratio.
Dividends
IOLZX vs. ADX - Dividend Comparison
IOLZX's dividend yield for the trailing twelve months is around 8.20%, more than ADX's 7.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADX Adams Diversified Equity Fund, Inc. | 7.48% | 7.93% | 12.38% | 7.34% | 7.36% | 15.35% | 6.54% | 9.00% | 15.85% | 9.18% | 7.79% | 7.17% |
IOLZX ICON Equity Fund | 8.20% | 10.69% | 22.21% | 4.75% | 18.57% | 14.12% | 0.00% | 3.46% | 1.60% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IOLZX and ADX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOLZX has higher volatility (7.46%) compared to ADX (4.82%). In terms of maximum drawdown, IOLZX dropped -56.03% vs ADX's -71.60%.
IOLZX currently has the higher Sharpe Ratio (2.84 vs 2.15), 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.
Find the right allocation for IOLZX and ADX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer