WHD vs. ADEA
WHD (Cactus, Inc.) and ADEA (Adeia Inc) are both stocks. WHD operates in Oil & Gas Equipment & Services (Energy), while ADEA operates in Software - Application (Technology). Over the past 5 years, WHD returned 7.64%/yr vs 41.21%/yr for ADEA. At a 0.31 correlation, their price movements are largely independent.
Performance
WHD vs. ADEA - Performance Comparison
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Returns By Period
In the year-to-date period, WHD achieves a 16.26% return, which is significantly lower than ADEA's 76.89% return.
WHD
- 1D
- -2.55%
- 1M
- -14.92%
- YTD
- 16.26%
- 6M
- 14.21%
- 1Y
- 21.69%
- 3Y*
- 12.06%
- 5Y*
- 7.64%
- 10Y*
- —
ADEA
- 1D
- -4.46%
- 1M
- 13.35%
- YTD
- 76.89%
- 6M
- 78.76%
- 1Y
- 125.86%
- 3Y*
- 45.31%
- 5Y*
- 41.21%
- 10Y*
- 16.87%
WHD vs. ADEA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WHD Cactus, Inc. | 16.26% | -20.76% | 29.72% | -8.69% | 33.00% | 47.83% | -22.85% | 25.57% | 29.91% |
ADEA Adeia Inc | 76.89% | 25.22% | 14.75% | 33.53% | 92.17% | -8.65% | 16.55% | 4.53% | -8.80% |
Correlation
The correlation between WHD 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 | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2018 | 0.31 |
Fundamentals
WHD:
$3.65B
ADEA:
$3.47B
WHD:
$1.06
ADEA:
$1.08
WHD:
49.91
ADEA:
28.15
WHD:
2.31
ADEA:
1.96
WHD:
3.08
ADEA:
7.46
WHD:
2.59
ADEA:
7.44
WHD:
$1.19B
ADEA:
$460.49M
WHD:
$485.56M
ADEA:
$312.21M
WHD:
$300.14M
ADEA:
$235.56M
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Return for Risk
WHD vs. ADEA — Risk / Return Rank
WHD
ADEA
WHD vs. ADEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cactus, Inc. (WHD) 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.
| WHD | ADEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.39 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 3.64 | -2.91 |
| Martin ratioReturn relative to average drawdown | 1.83 | 10.30 | -8.47 |
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Drawdowns
WHD vs. ADEA - Drawdown Comparison
The maximum WHD drawdown since its inception was -79.10%, roughly equal to the maximum ADEA drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for WHD and ADEA.
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Drawdown Indicators
| WHD | ADEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.10% | -80.75% | +1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -30.07% | -34.81% | +4.74% |
Max Drawdown (3Y)Largest decline over 3 years | -51.41% | -34.81% | -16.60% |
Max Drawdown (5Y)Largest decline over 5 years | -51.41% | -38.97% | -12.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.66% | — |
Current DrawdownCurrent decline from peak | -22.49% | -9.47% | -13.02% |
Average DrawdownAverage peak-to-trough decline | -23.21% | -37.79% | +14.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.89% | 12.27% | -0.38% |
Volatility
WHD vs. ADEA - Volatility Comparison
The current volatility for Cactus, Inc. (WHD) is 10.51%, while Adeia Inc (ADEA) has a volatility of 21.11%. This indicates that WHD 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
| WHD | ADEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 21.11% | -10.60% |
Volatility (6M)Calculated over the trailing 6-month period | 28.98% | 50.14% | -21.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.86% | 61.93% | -21.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.58% | 62.45% | -17.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.62% | 56.48% | -3.86% |
Dividends
WHD vs. ADEA - Dividend Comparison
WHD's dividend yield for the trailing twelve months is around 1.06%, more than ADEA's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADEA Adeia Inc | 0.66% | 1.16% | 1.43% | 1.61% | 0.95% | 1.06% | 2.39% | 4.32% | 4.35% | 3.28% | 1.81% | 2.67% |
WHD Cactus, Inc. | 1.06% | 1.18% | 0.86% | 1.01% | 0.88% | 1.00% | 1.38% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WHD vs. ADEA - Financials Comparison
This section allows you to compare key financial metrics between Cactus, 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
WHD vs. ADEA - Profitability Comparison
WHD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cactus, Inc. reported a gross profit of 0.00 and revenue of 388.35M. Therefore, the gross margin over that period was 0.0%.
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%.
WHD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cactus, Inc. reported an operating income of 62.17M and revenue of 388.35M, resulting in an operating margin of 16.0%.
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%.
WHD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cactus, Inc. reported a net income of -48.60M and revenue of 388.35M, resulting in a net margin of -12.5%.
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
WHD 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.
ADEA has higher volatility (21.11%) compared to WHD (10.51%). In terms of maximum drawdown, WHD dropped -79.10% vs ADEA's -80.75%.
ADEA currently has the higher Sharpe Ratio (2.04 vs 0.53), 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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