ADX vs AESR
Adams Diversified Equity Fund Inc vs Anfield US Equity Sector Rotation ETF
Which is better, ADX or AESR?
Each has led over a different period.
ADX led over 3Y, 5Y and the full window, AESR over 1Y. The two have moved almost in lockstep, correlation 0.95. ADX is less concentrated, with 40.4% of the fund in its ten largest positions against 84.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ADX | AESR |
|---|---|---|
| Expense Ratio | - | 0.97% |
| AUM | $3.2B | $257M |
| Dividend Yield | 7.25% | 0.00% |
| Holdings | 108 | 66 |
| YTD Return | +10.92% | +15.25%Best |
| 1Y Return | +16.37% | +17.83%Best |
| 3Y Return (annualized) | +26.08%Best | +25.10% |
| 5Y Return (annualized) | +15.49%Best | +13.17% |
| Volatility (annualized) | 17.5%Best | 17.6% |
| Max Drawdown | -37.2% | -31.1%Best |
| $10,000 over 5 years | $20,546Best | $18,563 |
| Top 10 Weight | 40.4%Best | 84.6% |
| Fund Family | Adams Funds | Horizon Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 1, 1929 | Dec 16, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 15, 2026 (6.8 years).
ADX vs AESR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.8 years both funds cover.
ADX vs AESR Performance
Adams Diversified Equity Fund Inc (ADX) is an ETF from Adams Funds and Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds. Over the past year ADX returned +16.37% while AESR returned +17.83%. Year to date, ADX is up 10.92% versus a gain of 15.25% for AESR.
Over three years, ADX compounded at +26.08% per year against +25.10% for AESR; over five years the annualized figures are +15.49% and +13.17% respectively. Across the full 7-year window we track, ADX has the edge at +16.70% annualized vs +15.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AESR has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 17.5% for ADX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -37.2% for ADX and -31.1% for AESR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Holdings Overlap
2.4% of ADX's money is in holdings AESR also owns. 3.9% of AESR's money is in holdings ADX also owns.
AESR and ADX share little of their money.
The two holdings books were reported 93 days apart, ADX as of Jun 30, 2026 and AESR as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
4 positions in common, counted across the 105 positions we hold weights for in ADX and 32 in AESR, against full books of 108 and 66.
What only one of them owns
Our book lists 25 positions for AESR that do not appear in our book for ADX (93.9% of the fund), and 101 for ADX that do not appear in AESR (97.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ADX and AESR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which performed better, ADX or AESR?
Over the past year ADX returned +16.37% vs +17.83% for AESR, so AESR leads on 1-year performance. Over the longest common window we track (7 years), ADX annualized +16.70% vs +15.34% for AESR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADX or AESR?
AESR has been the more volatile fund at 17.6% annualized versus 17.5% for ADX. Worst drawdown: ADX -37.2% vs AESR -31.1%.
Should I hold both ADX and AESR?
ADX and AESR have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ADX and AESR?
3.9% of AESR's money is in holdings ADX also owns. 3.9% of AESR's is in holdings ADX also owns. They hold 4 positions in common, counted across the 105 positions we hold weights for in ADX and 32 in AESR.
Which pays a higher dividend, ADX or AESR?
ADX yields 7.25% while AESR yields 0.00%, so ADX currently pays the higher dividend yield.
Is AESR better than ADX?
ADX led over 3Y, 5Y and the full window, AESR over 1Y. The two have moved almost in lockstep, correlation 0.95. ADX is less concentrated, with 40.4% of the fund in its ten largest positions against 84.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.