AFX.DE vs. ASML
AFX.DE (Carl Zeiss Meditec AG) and ASML (ASML Holding N.V.) are both stocks. AFX.DE operates in Medical Instruments & Supplies (Healthcare), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, AFX.DE returned -1.52%/yr vs 33.20%/yr for ASML. At a 0.24 correlation, their price movements are largely independent.
Performance
AFX.DE vs. ASML - Performance Comparison
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Different Trading Currencies
AFX.DE is traded in EUR, while ASML is traded in USD. To make them comparable, the ASML values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AFX.DE achieves a -31.90% return, which is significantly lower than ASML's 57.01% return. Over the past 10 years, AFX.DE has underperformed ASML with an annualized return of -1.52%, while ASML has yielded a comparatively higher 33.20% annualized return.
AFX.DE
- 1D
- 1.52%
- 1M
- 1.45%
- YTD
- -31.90%
- 6M
- -37.29%
- 1Y
- -54.03%
- 3Y*
- -36.88%
- 5Y*
- -28.35%
- 10Y*
- -1.52%
ASML
- 1D
- -5.84%
- 1M
- 8.38%
- YTD
- 57.01%
- 6M
- 51.42%
- 1Y
- 119.81%
- 3Y*
- 29.89%
- 5Y*
- 21.69%
- 10Y*
- 33.20%
AFX.DE vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AFX.DE Carl Zeiss Meditec AG | -31.90% | -11.32% | -53.50% | -15.46% | -35.83% | 70.32% | -2.74% | 67.64% | 33.36% | 49.25% |
ASML ASML Holding N.V. | 57.01% | 37.93% | -1.61% | 35.71% | -26.18% | 76.41% | 52.37% | 97.94% | -5.56% | 37.03% |
Correlation
The correlation between AFX.DE and ASML is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.24 |
The correlation between AFX.DE and ASML shifts across timeframes, from 0.13 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AFX.DE vs. ASML — Risk / Return Rank
AFX.DE
ASML
AFX.DE vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carl Zeiss Meditec AG (AFX.DE) and ASML Holding N.V. (ASML). 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.
| AFX.DE | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.25 | ||
| Sortino ratioReturn per unit of downside risk | -5.41 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.43 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 7.42 | -8.26 |
| Martin ratioReturn relative to average drawdown | -1.26 | 18.95 | -20.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AFX.DE | ASML | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.25 | 2.99 | -4.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.69 | 0.54 | -1.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.04 | 0.88 | -0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.80 | -0.77 |
Drawdowns
AFX.DE vs. ASML - Drawdown Comparison
The maximum AFX.DE drawdown since its inception was -91.83%, which is greater than ASML's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for AFX.DE and ASML.
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Drawdown Indicators
| AFX.DE | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.83% | -58.22% | -33.61% |
Max Drawdown (1Y)Largest decline over 1 year | -62.80% | -16.25% | -46.55% |
Max Drawdown (3Y)Largest decline over 3 years | -80.43% | -46.09% | -34.34% |
Max Drawdown (5Y)Largest decline over 5 years | -87.84% | -49.06% | -38.78% |
Max Drawdown (10Y)Largest decline over 10 years | -87.84% | -49.06% | -38.78% |
Current DrawdownCurrent decline from peak | -85.85% | -5.84% | -80.01% |
Average DrawdownAverage peak-to-trough decline | -45.49% | -13.93% | -31.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.89% | 6.35% | +35.54% |
Volatility
AFX.DE vs. ASML - Volatility Comparison
Carl Zeiss Meditec AG (AFX.DE) has a higher volatility of 18.31% compared to ASML Holding N.V. (ASML) at 14.23%. This indicates that AFX.DE's price experiences larger fluctuations and is considered to be riskier than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AFX.DE | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.31% | 14.23% | +4.08% |
Volatility (6M)Calculated over the trailing 6-month period | 34.46% | 31.58% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.46% | 40.25% | +2.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.46% | 40.67% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.74% | 37.71% | -1.97% |
Dividends
AFX.DE vs. ASML - Dividend Comparison
AFX.DE's dividend yield for the trailing twelve months is around 2.06%, more than ASML's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFX.DE Carl Zeiss Meditec AG | 2.06% | 1.50% | 2.42% | 1.11% | 0.76% | 0.27% | 1.19% | 0.48% | 0.81% | 0.81% | 1.09% | 1.40% |
ASML ASML Holding N.V. | 0.54% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
Financials
AFX.DE vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between Carl Zeiss Meditec AG and ASML Holding N.V.. 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
Frequently Asked Questions
AFX.DE and ASML have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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