ASMH vs. AGIX

Last updated Aug 6, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and AGIX (KraneShares Artificial Intelligence & Technology ETF) are both exchange-traded funds - ASMH is a Technology Equities fund tracking the ASML Holding NV Sponsored ADR, while AGIX is a Artificial Intelligence fund tracking the Solactive Etna Artificial General Intelligence Index. Both are passively managed. Over the past year, ASMH returned 147.78% vs 41.17% for AGIX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. ASMH charges 0.19%/yr vs 1.00%/yr for AGIX.

Performance

ASMH vs. AGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) and KraneShares Artificial Intelligence & Technology ETF (AGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMH achieves a 61.20% return, which is significantly higher than AGIX's 22.77% return.

ASMH

• 1D: -1.83%
• 1M: -8.02%
• 6M: 29.69%
• YTD: 61.20%
• 1Y: 147.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 108.35%

AGIX

• 1D: -1.61%
• 1M: -2.11%
• 6M: 33.77%
• YTD: 22.77%
• 1Y: 41.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 32.94%

*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)
AGIX KraneShares Artificial Intelligence & Technology ETF	$6.66M	$6.82M	$17.79M
ASMH ASML Holding NV ADR Hedged ETF	$129.75K	$234.38K	$301.43K

ASMH vs. AGIX - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	61.20%	59.22%
AGIX KraneShares Artificial Intelligence & Technology ETF	22.77%	60.48%

Correlation

The correlation between ASMH and AGIX is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.57

The correlation between ASMH and AGIX has been stable across timeframes, ranging from 0.57 to 0.58 - a consistent structural relationship.

Return for Risk

ASMH vs. AGIX — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 94
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 90
ASMH Calmar Ratio Rank: 96
ASMH Martin Ratio Rank: 96

AGIX

AGIX Risk / Return Rank: 47
AGIX Sharpe Ratio Rank: 50
AGIX Sortino Ratio Rank: 48
AGIX Omega Ratio Rank: 45
AGIX Calmar Ratio Rank: 51
AGIX Martin Ratio Rank: 42

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.

ASMH vs. AGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) and KraneShares Artificial Intelligence & Technology ETF (AGIX). 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.

	ASMH	AGIX	Difference
Sharpe ratio: Return per unit of total volatility	3.41	1.43	+1.98
Sortino ratio: Return per unit of downside risk	3.72	1.98	+1.74
Omega ratio: Gain probability vs. loss probability	1.46	1.24	+0.22
Calmar ratio: Return relative to maximum drawdown	6.91	2.08	+4.83
Martin ratio: Return relative to average drawdown	24.31	5.16	+19.14

ASMH vs. AGIX - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.41, which is higher than the AGIX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of ASMH and AGIX, 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

ASMH vs. AGIX - Drawdown Comparison

The maximum ASMH drawdown since its inception was -21.52%, smaller than the maximum AGIX drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for ASMH and AGIX.

Drawdown Indicators

	ASMH	AGIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.52%	-31.48%	+9.96%
Max Drawdown (1Y) Largest decline over 1 year	-21.52%	-19.85%	-1.67%
Current Drawdown Current decline from peak	-15.85%	-9.78%	-6.07%
Average Drawdown Average peak-to-trough decline	-4.85%	-6.19%	+1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.10%	7.99%	-1.89%

Volatility

ASMH vs. AGIX - Volatility Comparison

ASML Holding NV ADR Hedged ETF (ASMH) has a higher volatility of 12.96% compared to KraneShares Artificial Intelligence & Technology ETF (AGIX) at 10.35%. This indicates that ASMH's price experiences larger fluctuations and is considered to be riskier than AGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMH	AGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.96%	10.35%	+2.61%
Volatility (6M) Calculated over the trailing 6-month period	34.86%	24.26%	+10.60%
Volatility (1Y) Calculated over the trailing 1-year period	43.67%	29.00%	+14.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.62%	30.23%	+11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.62%	30.23%	+11.39%

ASMH vs. AGIX - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is lower than AGIX's 1.00% expense ratio.

Dividends

ASMH vs. AGIX - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 1.90%, more than AGIX's 0.98% yield.

Position	TTM	2025	2024
AGIX KraneShares Artificial Intelligence & Technology ETF	0.98%	1.21%	0.77%
ASMH ASML Holding NV ADR Hedged ETF	1.90%	0.19%	0.00%

Frequently Asked Questions

Can I hold both ASMH and AGIX in my portfolio?

ASMH and AGIX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASMH or AGIX?

ASMH has higher volatility (12.96%) compared to AGIX (10.35%). In terms of maximum drawdown, ASMH dropped -21.52% vs AGIX's -31.48%.

Which ETF is better, ASMH or AGIX?

On 1-year performance, ASMH leads with 147.78% vs 41.17% for AGIX. On fees, ASMH is cheaper at 0.19% per year. On volatility, AGIX has been the lower-risk option at 10.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMH or AGIX?

Over the 1-year period, ASMH has performed better with a 147.78% return vs 41.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMH or AGIX?

ASMH is cheaper with a 0.19% expense ratio, compared with 1.00% for AGIX.

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

ASMH has the higher dividend yield at 1.90%, compared with 0.98% for AGIX.

What is the main difference between ASMH and AGIX?

ASMH is categorized as Technology Equities, while AGIX is Artificial Intelligence. ASMH tracks ASML Holding NV Sponsored ADR, while AGIX tracks Solactive Etna Artificial General Intelligence Index. They also come from different issuers: Precidian and KraneShares. Their fees differ too: 0.19% for ASMH and 1.00% for AGIX.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.41 vs 1.43), 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.