SMP vs. ADEA

Last updated Jun 3, 2026

SMP (Standard Motor Products, Inc.) and ADEA (Adeia Inc) are both stocks. SMP operates in Auto Parts (Consumer Cyclical), while ADEA operates in Software - Application (Technology). Over the past 10 years, SMP returned 2.71%/yr vs 16.32%/yr for ADEA. At a 0.33 correlation, their price movements are largely independent.

Performance

SMP vs. ADEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Standard Motor Products, Inc. (SMP) and Adeia Inc (ADEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMP achieves a 7.29% return, which is significantly lower than ADEA's 78.46% return. Over the past 10 years, SMP has underperformed ADEA with an annualized return of 2.71%, while ADEA has yielded a comparatively higher 16.32% annualized return.

SMP

• 1D: 0.52%
• 1M: 1.91%
• YTD: 7.29%
• 6M: 6.63%
• 1Y: 38.07%
• 3Y*: 5.14%
• 5Y*: -0.70%
• 10Y*: 2.71%

ADEA

• 1D: 7.17%
• 1M: -6.92%
• YTD: 78.46%
• 6M: 146.67%
• 1Y: 144.77%
• 3Y*: 44.81%
• 5Y*: 41.65%
• 10Y*: 16.32%

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

SMP vs. ADEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMP Standard Motor Products, Inc.	7.29%	23.38%	-19.44%	18.03%	-31.79%	32.31%	-23.20%	11.97%	9.75%	-14.22%
ADEA Adeia Inc	78.46%	25.22%	14.75%	33.53%	92.17%	-8.65%	16.55%	4.53%	-21.13%	-43.16%

Correlation

The correlation between SMP and ADEA is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Nov 21, 2003	0.33

Fundamentals

Market Cap SMP : $884.02M ADEA : $3.50B
EPS SMP : $3.72 ADEA : $1.08
PE Ratio SMP : 10.47 ADEA : 28.40
PS Ratio SMP : 0.48 ADEA : 7.53
PB Ratio SMP : 1.28 ADEA : 7.50
Total Revenue (TTM) SMP : $1.83B ADEA : $460.49M
Gross Profit (TTM) SMP : $559.86M ADEA : $312.21M
EBITDA (TTM) SMP : $182.01M ADEA : $235.56M

Return for Risk

SMP vs. ADEA — Risk / Return Rank

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

SMP

SMP Risk / Return Rank: 70
SMP Sharpe Ratio Rank: 75
SMP Sortino Ratio Rank: 72
SMP Omega Ratio Rank: 68
SMP Calmar Ratio Rank: 67
SMP Martin Ratio Rank: 67

ADEA

ADEA Risk / Return Rank: 89
ADEA Sharpe Ratio Rank: 91
ADEA Sortino Ratio Rank: 87
ADEA Omega Ratio Rank: 90
ADEA Calmar Ratio Rank: 87
ADEA Martin Ratio Rank: 89

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.

SMP vs. ADEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Standard Motor Products, Inc. (SMP) 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.

	SMP	ADEA	Difference
Sharpe ratio Return per unit of total volatility	1.18	2.42	-1.24
Sortino ratio Return per unit of downside risk	1.85	2.97	-1.12
Omega ratio Gain probability vs. loss probability	1.22	1.44	-0.22
Calmar ratio Return relative to maximum drawdown	1.45	4.07	-2.62
Martin ratio Return relative to average drawdown	3.36	11.62	-8.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMP vs. ADEA - Sharpe Ratio Comparison

The current SMP Sharpe Ratio is 1.18, which is lower than the ADEA Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of SMP and ADEA, 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

	SMP	ADEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	2.42	-1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	0.68	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.29	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.20	-0.07

Drawdowns

SMP vs. ADEA - Drawdown Comparison

The maximum SMP drawdown since its inception was -93.42%, which is greater than ADEA's maximum drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for SMP and ADEA.

Drawdown Indicators

	SMP	ADEA	Difference
Max Drawdown Largest peak-to-trough decline	-93.42%	-80.75%	-12.67%
Max Drawdown (1Y) Largest decline over 1 year	-22.56%	-34.81%	+12.25%
Max Drawdown (3Y) Largest decline over 3 years	-44.82%	-34.81%	-10.01%
Max Drawdown (5Y) Largest decline over 5 years	-55.58%	-39.27%	-16.31%
Max Drawdown (10Y) Largest decline over 10 years	-55.58%	-73.66%	+18.08%
Current Drawdown Current decline from peak	-17.57%	-8.66%	-8.91%
Average Drawdown Average peak-to-trough decline	-31.70%	-37.87%	+6.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.71%	12.18%	-2.47%

Volatility

SMP vs. ADEA - Volatility Comparison

The current volatility for Standard Motor Products, Inc. (SMP) is 11.33%, while Adeia Inc (ADEA) has a volatility of 28.95%. This indicates that SMP 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.

Volatility by Period

	SMP	ADEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.33%	28.95%	-17.62%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	47.66%	-25.52%
Volatility (1Y) Calculated over the trailing 1-year period	32.65%	60.26%	-27.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.61%	62.04%	-30.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.40%	56.27%	-24.87%

Dividends

SMP vs. ADEA - Dividend Comparison

SMP's dividend yield for the trailing twelve months is around 3.29%, more than ADEA's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADEA Adeia Inc	0.65%	1.16%	1.43%	1.61%	0.95%	1.06%	2.39%	4.32%	4.35%	3.28%	1.81%	2.67%
SMP Standard Motor Products, Inc.	3.29%	3.36%	3.74%	2.91%	3.10%	1.91%	1.24%	1.73%	1.73%	1.69%	1.28%	1.58%

Financials

SMP vs. ADEA - Profitability Comparison

The chart below illustrates the profitability comparison between Standard Motor Products, Inc. and Adeia Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SMP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Standard Motor Products, Inc. reported a gross profit of 139.17M and revenue of 451.17M. Therefore, the gross margin over that period was 30.9%.

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%.

SMP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Standard Motor Products, Inc. reported an operating income of 34.09M and revenue of 451.17M, resulting in an operating margin of 7.6%.

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%.

SMP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Standard Motor Products, Inc. reported a net income of 18.47M and revenue of 451.17M, resulting in a net margin of 4.1%.

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

Can I hold both SMP and ADEA in my portfolio?

SMP and ADEA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMP or ADEA?

ADEA has higher volatility (28.95%) compared to SMP (11.33%). In terms of maximum drawdown, SMP dropped -93.42% vs ADEA's -80.75%.

Which has better risk-adjusted returns?

ADEA currently has the higher Sharpe Ratio (2.42 vs 1.18), 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.