ADX vs CANC
Adams Diversified Equity Fund Inc vs Tema Oncology ETF
Which is better, ADX or CANC?
Each has led over a different period.
ADX led over 3Y and the full window, CANC over 1Y. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 40.4%.
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 | CANC |
|---|---|---|
| Expense Ratio | - | 0.75% |
| AUM | $3.2B | $197M |
| Dividend Yield | 7.25% | 0.05% |
| Holdings | 108 | 118 |
| YTD Return | +10.32% | +14.86%Best |
| 1Y Return | +16.35% | +34.85%Best |
| 3Y Return (annualized) | +25.88%Best | +22.41% |
| 5Y Return (annualized) | +15.53% | - |
| Volatility (annualized) | 14.2%Best | 19.4% |
| Max Drawdown | -18.3%Best | -26.1% |
| $10,000 over 3.2 years | $19,720Best | $16,937 |
| Top 10 Weight | 40.4% | 40.0%Best |
| Fund Family | Adams Funds | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 1, 1929 | Aug 15, 2023 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
ADX vs CANC 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 3.2 years both funds cover.
ADX vs CANC Performance
Adams Diversified Equity Fund Inc (ADX) is an ETF from Adams Funds and Tema Oncology ETF (CANC) is an ETF from Tema Global Limited. Over the past year ADX returned +16.35% while CANC returned +34.85%. Year to date, ADX is up 10.32% versus a gain of 14.86% for CANC.
Over three years, ADX compounded at +25.88% per year against +22.41% for CANC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CANC has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.2% 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 -18.3% for ADX and -26.1% for CANC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Holdings Overlap
5.0% of ADX's money is in holdings CANC also owns. 15.8% of CANC's money is in holdings ADX also owns.
CANC and ADX share little of their money.
The two holdings books were reported 93 days apart, ADX as of Jun 30, 2026 and CANC 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 59 in CANC, against full books of 108 and 118.
What only one of them owns
Our book lists 45 positions for CANC that do not appear in our book for ADX (65.3% of the fund), and 101 for ADX that do not appear in CANC (95.2%).
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 CANC 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 CANC?
Over the past year ADX returned +16.35% vs +34.85% for CANC, so CANC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADX or CANC?
CANC has been the more volatile fund at 19.4% annualized versus 14.2% for ADX. Worst drawdown: ADX -18.3% vs CANC -26.1%.
Should I hold both ADX and CANC?
ADX and CANC have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ADX and CANC?
15.8% of CANC's money is in holdings ADX also owns. 15.8% of CANC'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 59 in CANC.
Which pays a higher dividend, ADX or CANC?
ADX yields 7.25% while CANC yields 0.05%, so ADX currently pays the higher dividend yield.
Is CANC better than ADX?
ADX led over 3Y and the full window, CANC over 1Y. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 40.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.