ASMG vs. ASML

Last updated Aug 2, 2026

ASMG (Leverage Shares 2X Long ASML Daily ETF) is Leveraged Equities fund actively managed by Leverage Shares, while ASML (ASML Holding N.V.) is a stock. Over the past year, ASMG returned 307.23% vs 137.71% for ASML. Their 1.00 correlation means they have historically moved very closely together.

Performance

ASMG vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ASML Daily ETF (ASMG) and ASML Holding N.V. (ASML). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMG achieves a 86.81% return, which is significantly higher than ASML's 53.00% return.

ASMG

• 1D: -2.63%
• 1M: -17.29%
• 6M: 9.24%
• YTD: 86.81%
• 1Y: 307.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 105.67%

ASML

• 1D: -1.36%
• 1M: -7.81%
• 6M: 15.03%
• YTD: 53.00%
• 1Y: 137.71%
• 3Y*: 33.26%
• 5Y*: 17.48%
• 10Y*: 32.27%
• ALL TIME*: 26.74%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ASMG Leverage Shares 2X Long ASML Daily ETF	$3.03M	$5.30M	$5.99M
ASML ASML Holding N.V.	$3.24B	$3.55B	$3.45B

ASMG vs. ASML - Yearly Performance Comparison

	2026 (YTD)	2025
ASMG Leverage Shares 2X Long ASML Daily ETF	86.81%	62.68%
ASML ASML Holding N.V.	53.00%	49.12%

Correlation

The correlation between ASMG and ASML is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	1.00
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	1.00

The correlation between ASMG and ASML has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

ASMG vs. ASML — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ASMG

ASMG Risk / Return Rank: 93
ASMG Sharpe Ratio Rank: 97
ASMG Sortino Ratio Rank: 90
ASMG Omega Ratio Rank: 86
ASMG Calmar Ratio Rank: 97
ASMG Martin Ratio Rank: 96

ASML

ASML Risk / Return Rank: 96
ASML Sharpe Ratio Rank: 97
ASML Sortino Ratio Rank: 95
ASML Omega Ratio Rank: 93
ASML Calmar Ratio Rank: 97
ASML Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ASMG vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ASML Daily ETF (ASMG) 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.

	ASMG	ASML	Difference
Sharpe ratio: Return per unit of total volatility	3.29	2.98	+0.31
Sortino ratio: Return per unit of downside risk	3.13	3.37	-0.24
Omega ratio: Gain probability vs. loss probability	1.38	1.41	-0.03
Calmar ratio: Return relative to maximum drawdown	7.35	6.23	+1.12
Martin ratio: Return relative to average drawdown	22.78	21.34	+1.44

ASMG vs. ASML - Sharpe Ratio Comparison

The current ASMG Sharpe Ratio is 3.29, which is comparable to the ASML Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of ASMG and ASML, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASMG vs. ASML - Drawdown Comparison

The maximum ASMG drawdown since its inception was -43.95%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for ASMG and ASML.

Drawdown Indicators

	ASMG	ASML	Difference
Max Drawdown Largest peak-to-trough decline	-43.95%	-90.00%	+46.05%
Max Drawdown (1Y) Largest decline over 1 year	-41.10%	-21.95%	-19.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-45.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.84%	—
Current Drawdown Current decline from peak	-35.29%	-18.01%	-17.28%
Average Drawdown Average peak-to-trough decline	-13.54%	-28.04%	+14.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.24%	6.40%	+6.84%

Volatility

ASMG vs. ASML - Volatility Comparison

Leverage Shares 2X Long ASML Daily ETF (ASMG) has a higher volatility of 29.36% compared to ASML Holding N.V. (ASML) at 14.49%. This indicates that ASMG'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.

Volatility by Period

	ASMG	ASML	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.36%	14.49%	+14.87%
Volatility (6M) Calculated over the trailing 6-month period	74.68%	37.32%	+37.36%
Volatility (1Y) Calculated over the trailing 1-year period	92.16%	46.08%	+46.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.81%	43.25%	+46.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.81%	39.13%	+50.68%

Dividends

ASMG vs. ASML - Dividend Comparison

ASMG's dividend yield for the trailing twelve months is around 6.00%, more than ASML's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMG Leverage Shares 2X Long ASML Daily ETF	6.00%	11.20%	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.	0.56%	0.97%	0.97%	0.86%	1.27%	0.50%	0.50%	1.40%	0.94%	0.64%	0.92%	0.73%

Frequently Asked Questions

Can I hold both ASMG and ASML in my portfolio?

With a correlation of 1.00, ASMG and ASML move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ASMG or ASML?

ASMG has higher volatility (29.36%) compared to ASML (14.49%). In terms of maximum drawdown, ASMG dropped -43.95% vs ASML's -90.00%.

Which has better risk-adjusted returns?

ASMG currently has the higher Sharpe Ratio (3.29 vs 2.98), 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.