ARMH vs. ASMH

Last updated Jun 23, 2026

ARMH (Arm Holdings PLC ADRhedged ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds. ARMH is actively managed, while ASMH is passively managed. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.19% expense ratio.

Performance

ARMH vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arm Holdings PLC ADRhedged ETF (ARMH) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARMH

• 1D: -7.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: 0.10%
• 1M: 19.55%
• YTD: 85.33%
• 6M: 88.06%
• 1Y: 160.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARMH vs. ASMH - Yearly Performance Comparison

	2026 (YTD)
ARMH Arm Holdings PLC ADRhedged ETF	31.98%
ASMH ASML Holding NV ADR Hedged ETF	22.24%

Correlation

The correlation between ARMH and ASMH is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.31

Return for Risk

ARMH vs. ASMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARMH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ASMH

ASMH Risk / Return Rank: 93
ASMH Sharpe Ratio Rank: 96
ASMH Sortino Ratio Rank: 92
ASMH Omega Ratio Rank: 88
ASMH Calmar Ratio Rank: 97
ASMH Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARMH vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arm Holdings PLC ADRhedged ETF (ARMH) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	ARMH	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	—	3.92	—
Sortino ratio: Return per unit of downside risk	—	4.19	—
Omega ratio: Gain probability vs. loss probability	—	1.52	—
Calmar ratio: Return relative to maximum drawdown	—	10.15	—
Martin ratio: Return relative to average drawdown	—	26.20	—

Drawdowns

ARMH vs. ASMH - Drawdown Comparison

The maximum ARMH drawdown since its inception was -24.85%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for ARMH and ASMH.

Drawdown Indicators

	ARMH	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-24.85%	-15.89%	-8.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.89%	—
Current Drawdown Current decline from peak	-7.59%	0.00%	-7.59%
Average Drawdown Average peak-to-trough decline	-7.21%	-4.18%	-3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.14%	—

Volatility

Volatility by Period

	ARMH	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	117.89%	41.23%	+76.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.89%	39.72%	+78.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.89%	39.72%	+78.17%

ARMH vs. ASMH - Expense Ratio Comparison

Both ARMH and ASMH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ARMH vs. ASMH - Dividend Comparison

ARMH has not paid dividends to shareholders, while ASMH's dividend yield for the trailing twelve months is around 1.51%.

Position	TTM	2025
ARMH Arm Holdings PLC ADRhedged ETF	0.00%	0.00%
ASMH ASML Holding NV ADR Hedged ETF	1.51%	0.19%

Frequently Asked Questions

Can I hold both ARMH and ASMH in my portfolio?

ARMH and ASMH have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMH or ASMH?

Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMH or ASMH?

ARMH and ASMH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, ARMH or ASMH?

ASMH has the higher dividend yield at 1.51%, compared with 0.00% for ARMH.

What is the main difference between ARMH and ASMH?

They also come from different issuers: Precidian and Precidian Funds.