SCHL vs. ADX

Last updated Jun 4, 2026

SCHL (Scholastic Corporation) is a stock, while ADX (Adams Diversified Equity Fund, Inc.) is Large Cap Growth Equities fund managed by Adams Funds. Over the past 10 years, SCHL returned 2.91%/yr vs 18.25%/yr for ADX. At a 0.35 correlation, their price movements are largely independent.

Performance

SCHL vs. ADX - Performance Comparison

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

Returns By Period

In the year-to-date period, SCHL achieves a 43.60% return, which is significantly higher than ADX's 13.47% return. Over the past 10 years, SCHL has underperformed ADX with an annualized return of 2.91%, while ADX has yielded a comparatively higher 18.25% annualized return.

SCHL

• 1D: -1.52%
• 1M: 8.17%
• YTD: 43.60%
• 6M: 44.87%
• 1Y: 144.36%
• 3Y*: 1.34%
• 5Y*: 5.88%
• 10Y*: 2.91%

ADX

• 1D: -0.74%
• 1M: 6.45%
• YTD: 13.47%
• 6M: 14.75%
• 1Y: 34.07%
• 3Y*: 29.23%
• 5Y*: 17.26%
• 10Y*: 18.25%

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

SCHL vs. ADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHL Scholastic Corporation	43.60%	43.96%	-42.00%	-2.52%	0.48%	62.97%	-33.43%	-3.00%	1.86%	-14.30%
ADX Adams Diversified Equity Fund, Inc.	13.47%	26.03%	28.31%	31.49%	-19.82%	29.69%	17.28%	36.75%	-3.58%	29.61%

Correlation

The correlation between SCHL and ADX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Feb 26, 1992	0.35

The correlation between SCHL and ADX shifts across timeframes, from 0.19 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SCHL vs. ADX — Risk / Return Rank

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

SCHL

SCHL Risk / Return Rank: 96
SCHL Sharpe Ratio Rank: 95
SCHL Sortino Ratio Rank: 95
SCHL Omega Ratio Rank: 94
SCHL Calmar Ratio Rank: 98
SCHL Martin Ratio Rank: 98

ADX

ADX Risk / Return Rank: 73
ADX Sharpe Ratio Rank: 73
ADX Sortino Ratio Rank: 70
ADX Omega Ratio Rank: 59
ADX Calmar Ratio Rank: 74
ADX Martin Ratio Rank: 90

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.

SCHL vs. ADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Scholastic Corporation (SCHL) 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.

	SCHL	ADX	Difference
Sharpe ratio Return per unit of total volatility	3.26	2.48	+0.78
Sortino ratio Return per unit of downside risk	4.17	3.48	+0.69
Omega ratio Gain probability vs. loss probability	1.56	1.43	+0.13
Calmar ratio Return relative to maximum drawdown	12.08	3.37	+8.72
Martin ratio Return relative to average drawdown	38.73	17.93	+20.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHL vs. ADX - Sharpe Ratio Comparison

The current SCHL Sharpe Ratio is 3.26, which is higher than the ADX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of SCHL and ADX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHL	ADX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	2.48	+0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	1.00	-0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	1.02	-0.94
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.10	+0.02

Drawdowns

SCHL vs. ADX - Drawdown Comparison

The maximum SCHL drawdown since its inception was -83.12%, which is greater than ADX's maximum drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for SCHL and ADX.

Drawdown Indicators

	SCHL	ADX	Difference
Max Drawdown Largest peak-to-trough decline	-83.12%	-71.60%	-11.52%
Max Drawdown (1Y) Largest decline over 1 year	-12.02%	-10.16%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	-63.84%	-18.29%	-45.55%
Max Drawdown (5Y) Largest decline over 5 years	-64.52%	-25.07%	-39.45%
Max Drawdown (10Y) Largest decline over 10 years	-64.52%	-37.17%	-27.35%
Current Drawdown Current decline from peak	-2.20%	-0.74%	-1.46%
Average Drawdown Average peak-to-trough decline	-30.92%	-23.13%	-7.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	1.91%	+1.83%

Volatility

SCHL vs. ADX - Volatility Comparison

Scholastic Corporation (SCHL) has a higher volatility of 8.08% compared to Adams Diversified Equity Fund, Inc. (ADX) at 3.68%. This indicates that SCHL'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

	SCHL	ADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.08%	3.68%	+4.40%
Volatility (6M) Calculated over the trailing 6-month period	25.13%	10.70%	+14.43%
Volatility (1Y) Calculated over the trailing 1-year period	44.70%	13.81%	+30.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.61%	17.30%	+24.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.31%	18.02%	+19.29%

Dividends

SCHL vs. ADX - Dividend Comparison

SCHL's dividend yield for the trailing twelve months is around 1.90%, less than ADX's 7.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADX Adams Diversified Equity Fund, Inc.	7.35%	7.93%	12.38%	7.34%	7.36%	15.35%	6.54%	9.00%	15.85%	9.18%	7.79%	7.17%
SCHL Scholastic Corporation	1.90%	2.70%	3.75%	2.12%	1.77%	1.50%	2.40%	1.56%	1.49%	1.50%	1.26%	1.56%

Frequently Asked Questions

Can I hold both SCHL and ADX in my portfolio?

SCHL and ADX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHL or ADX?

SCHL has higher volatility (8.08%) compared to ADX (3.68%). In terms of maximum drawdown, SCHL dropped -83.12% vs ADX's -71.60%.

Which has better risk-adjusted returns?

SCHL currently has the higher Sharpe Ratio (3.26 vs 2.48), 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.