ADX vs NVDA: Correlation
Measured on weekly returns over the past three years, Adams Diversified Equity Fund Inc. (ADX) and Nvidia (NVDA) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADX and NVDA?
On 3 years of weekly data the ADX/NVDA correlation comes out at 0.71, strong. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 497.8 %².
Within ADX's tracked universe of 12 assets, NVDA comes in at #7 by 3-year correlation. Twelve-month performance is nearly a tie, at +29.5% for ADX and +25.7% for NVDA. Risk is not evenly split, since NVDA carries 2.8 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ADX vs NVDA: side by side
| ADX (Adams Diversified Equity Fund Inc.) | NVDA (Nvidia) | |
|---|---|---|
| 1-year return | +29.5% | +25.7% |
| 5-year return | +88.9% | +908.3% |
| Volatility (ann.) | 15.7% | 44.5% |
| Beta vs S&P 500 | 0.96 | 2.18 |
| Max drawdown (3Y) | -18.3% | -36.9% |
| Market cap | $3.3B | $5,505.0B |
| P/E (trailing) | 5.3 | 32.2 |
| Dividend yield | 7.26% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ADX | NVDA |
|---|---|---|
| 2022 | -19.8% | -50.3% |
| 2023 | +31.5% | +239.0% |
| 2024 | +28.3% | +171.2% |
| 2025 | +26.0% | +38.9% |
| 2026 | +18.5% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADX and NVDA good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ADX and NVDA?
Using weekly returns as of 2026-08-27: 0.71 over 3 years, with 0.62 over the last year and 0.65 over 5 years.
Is NVDA a good diversifier for ADX?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adx-vs-nvda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adx-vs-nvda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADX correlations · NVDA correlations
