ARGX vs. ASML
ARGX (argenx SE) and ASML (ASML Holding N.V.) are both stocks. ARGX operates in Biotechnology (Healthcare), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, ARGX returned 23.21%/yr vs 22.97%/yr for ASML. At a 0.28 correlation, their price movements are largely independent.
Performance
ARGX vs. ASML - Performance Comparison
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Returns By Period
In the year-to-date period, ARGX achieves a 6.25% return, which is significantly lower than ASML's 74.80% return.
ARGX
- 1D
- -0.60%
- 1M
- 11.79%
- YTD
- 6.25%
- 6M
- 1.77%
- 1Y
- 54.62%
- 3Y*
- 31.12%
- 5Y*
- 23.21%
- 10Y*
- —
ASML
- 1D
- -1.89%
- 1M
- 24.09%
- YTD
- 74.80%
- 6M
- 73.02%
- 1Y
- 146.81%
- 3Y*
- 37.59%
- 5Y*
- 22.97%
- 10Y*
- 36.00%
ARGX vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARGX argenx SE | 6.25% | 36.74% | 61.66% | 0.42% | 8.18% | 19.08% | 83.21% | 67.09% | 52.15% | 252.74% |
ASML ASML Holding N.V. | 74.80% | 56.51% | -7.70% | 39.91% | -30.49% | 64.13% | 66.06% | 93.56% | -9.80% | 30.88% |
Correlation
The correlation between ARGX and ASML is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 18, 2017 | 0.28 |
Fundamentals
ARGX:
$59.15B
ASML:
$718.77B
ARGX:
$32.69
ASML:
€25.86
ARGX:
27.33
ASML:
62.30
ARGX:
0.53
ASML:
4.10
ARGX:
10.73
ASML:
18.51
ARGX:
8.08
ASML:
29.83
ARGX:
$5.49B
ASML:
€33.69B
ARGX:
$4.38B
ASML:
€17.72B
ARGX:
$1.50B
ASML:
€12.99B
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Return for Risk
ARGX vs. ASML — Risk / Return Rank
ARGX
ASML
ARGX vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for argenx SE (ARGX) 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.
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.
| ARGX | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.45 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 7.83 | -5.99 |
| Martin ratioReturn relative to average drawdown | 4.89 | 21.08 | -16.19 |
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Drawdowns
ARGX vs. ASML - Drawdown Comparison
The maximum ARGX drawdown since its inception was -38.20%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for ARGX and ASML.
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Drawdown Indicators
| ARGX | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.20% | -90.00% | +51.80% |
Max Drawdown (1Y)Largest decline over 1 year | -28.58% | -17.85% | -10.73% |
Max Drawdown (3Y)Largest decline over 3 years | -38.20% | -45.38% | +7.18% |
Max Drawdown (5Y)Largest decline over 5 years | -38.20% | -56.84% | +18.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.84% | — |
Current DrawdownCurrent decline from peak | -3.88% | -1.89% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -28.12% | +17.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.79% | 6.63% | +4.16% |
Volatility
ARGX vs. ASML - Volatility Comparison
The current volatility for argenx SE (ARGX) is 11.41%, while ASML Holding N.V. (ASML) has a volatility of 17.27%. This indicates that ARGX experiences smaller price fluctuations and is considered to be less risky 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
| ARGX | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.41% | 17.27% | -5.86% |
Volatility (6M)Calculated over the trailing 6-month period | 22.41% | 34.58% | -12.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.80% | 42.75% | -11.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.55% | 42.44% | -3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.52% | 38.72% | +12.80% |
Dividends
ARGX vs. ASML - Dividend Comparison
ARGX has not paid dividends to shareholders, while ASML's dividend yield for the trailing twelve months is around 0.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGX argenx SE | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ASML ASML Holding N.V. | 0.47% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
Financials
ARGX vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between argenx SE 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
ARGX vs. ASML - Profitability Comparison
ARGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, argenx SE reported a gross profit of 2.15B and revenue of 2.41B. Therefore, the gross margin over that period was 89.3%.
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a gross profit of 4.65B and revenue of 8.77B. Therefore, the gross margin over that period was 53.0%.
ARGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, argenx SE reported an operating income of 658.56M and revenue of 2.41B, resulting in an operating margin of 27.4%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported an operating income of 3.16B and revenue of 8.77B, resulting in an operating margin of 36.0%.
ARGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, argenx SE reported a net income of 874.92M and revenue of 2.41B, resulting in a net margin of 36.4%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a net income of 2.76B and revenue of 8.77B, resulting in a net margin of 31.4%.
Frequently Asked Questions
ARGX and ASML have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASML has higher volatility (17.27%) compared to ARGX (11.41%). In terms of maximum drawdown, ARGX dropped -38.20% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.27 vs 1.71), 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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