ASMH vs. AGIX

Last updated Jun 24, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and AGIX (KraneShares Artificial Intelligence & Technology ETF) are both Technology Equities funds - ASMH tracks the ASML Holding NV Sponsored ADR while AGIX tracks the Solactive Etna Artificial General Intelligence Index. Both are passively managed. Over the past year, ASMH returned 135.41% vs 51.81% for AGIX. A 0.52 correlation means they provide meaningful diversification when combined. 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 71.95% return, which is significantly higher than AGIX's 24.95% return.

ASMH

• 1D: -7.22%
• 1M: 10.92%
• YTD: 71.95%
• 6M: 74.08%
• 1Y: 135.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGIX

• 1D: -3.43%
• 1M: 0.47%
• YTD: 24.95%
• 6M: 23.23%
• 1Y: 51.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASMH vs. AGIX - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	71.95%	59.22%
AGIX KraneShares Artificial Intelligence & Technology ETF	24.95%	60.48%

Correlation

The correlation between ASMH and AGIX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.52

The correlation between ASMH and AGIX has been stable across timeframes, ranging from 0.51 to 0.52 - a consistent structural relationship.

Return for Risk

ASMH vs. AGIX — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 91
ASMH Sharpe Ratio Rank: 94
ASMH Sortino Ratio Rank: 88
ASMH Omega Ratio Rank: 83
ASMH Calmar Ratio Rank: 96
ASMH Martin Ratio Rank: 93

AGIX

AGIX Risk / Return Rank: 54
AGIX Sharpe Ratio Rank: 60
AGIX Sortino Ratio Rank: 53
AGIX Omega Ratio Rank: 52
AGIX Calmar Ratio Rank: 56
AGIX Martin Ratio Rank: 47

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.

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	3.26	1.91	+1.35
Sortino ratio: Return per unit of downside risk	3.65	2.47	+1.18
Omega ratio: Gain probability vs. loss probability	1.46	1.31	+0.14
Calmar ratio: Return relative to maximum drawdown	8.57	2.62	+5.95
Martin ratio: Return relative to average drawdown	22.08	7.48	+14.60

ASMH vs. AGIX - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.26, which is higher than the AGIX Sharpe Ratio of 1.91. 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 -15.89%, 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	-15.89%	-31.48%	+15.59%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	-19.85%	+3.96%
Current Drawdown Current decline from peak	-7.22%	-8.18%	+0.96%
Average Drawdown Average peak-to-trough decline	-4.19%	-5.89%	+1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.16%	6.95%	-0.79%

Volatility

ASMH vs. AGIX - Volatility Comparison

ASML Holding NV ADR Hedged ETF (ASMH) has a higher volatility of 17.40% compared to KraneShares Artificial Intelligence & Technology ETF (AGIX) at 12.54%. 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	17.40%	12.54%	+4.86%
Volatility (6M) Calculated over the trailing 6-month period	33.27%	22.26%	+11.01%
Volatility (1Y) Calculated over the trailing 1-year period	41.85%	27.22%	+14.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.28%	29.93%	+10.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.28%	29.93%	+10.35%

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 1.62%, more than AGIX's 0.96% yield.

Position	TTM	2025	2024
AGIX KraneShares Artificial Intelligence & Technology ETF	0.96%	1.21%	0.77%
ASMH ASML Holding NV ADR Hedged ETF	1.62%	0.19%	0.00%

Frequently Asked Questions

Can I hold both ASMH and AGIX in my portfolio?

ASMH and AGIX have a correlation of 0.51, 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 (17.40%) compared to AGIX (12.54%). In terms of maximum drawdown, ASMH dropped -15.89% vs AGIX's -31.48%.

Which ETF is better, ASMH or AGIX?

On 1-year performance, ASMH leads with 135.41% vs 51.81% for AGIX. On fees, ASMH is cheaper at 0.19% per year. On volatility, AGIX has been the lower-risk option at 12.54%. 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 135.41% return vs 51.81%. 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 1.62%, compared with 0.96% for AGIX.

What is the main difference between ASMH and AGIX?

ASMH tracks ASML Holding NV Sponsored ADR, while AGIX tracks Solactive Etna Artificial General Intelligence Index. They also come from different issuers: Precidian Funds 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 (3.26 vs 1.91), 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.