ASMH vs. AIS

Last updated Jun 23, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and AIS (VistaShares Artificial Intelligence Supercycle ETF) are both Technology Equities funds. ASMH is passively managed, while AIS is actively managed. Over the past year, ASMH returned 160.23% vs 235.71% for AIS. A 0.68 correlation means they provide meaningful diversification when combined. ASMH charges 0.19%/yr vs 0.75%/yr for AIS.

Performance

ASMH vs. AIS - Performance Comparison

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

Returns By Period

In the year-to-date period, ASMH achieves a 85.33% return, which is significantly lower than AIS's 134.07% return.

ASMH

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

AIS

• 1D: 3.32%
• 1M: 23.81%
• YTD: 134.07%
• 6M: 136.07%
• 1Y: 235.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASMH vs. AIS - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	85.33%	59.22%
AIS VistaShares Artificial Intelligence Supercycle ETF	134.07%	93.40%

Correlation

The correlation between ASMH and AIS is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.68

The correlation between ASMH and AIS has been stable across timeframes, ranging from 0.68 to 0.68 - a consistent structural relationship.

Return for Risk

ASMH vs. AIS — Risk / Return Rank

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

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

AIS

AIS Risk / Return Rank: 97
AIS Sharpe Ratio Rank: 98
AIS Sortino Ratio Rank: 96
AIS Omega Ratio Rank: 96
AIS Calmar Ratio Rank: 98
AIS Martin Ratio Rank: 97

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. AIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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	AIS	Difference
Sharpe ratio: Return per unit of total volatility	3.92	5.85	-1.94
Sortino ratio: Return per unit of downside risk	4.19	5.13	-0.94
Omega ratio: Gain probability vs. loss probability	1.52	1.74	-0.21
Calmar ratio: Return relative to maximum drawdown	10.15	14.98	-4.83
Martin ratio: Return relative to average drawdown	26.20	46.17	-19.97

ASMH vs. AIS - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.92, which is lower than the AIS Sharpe Ratio of 5.85. The chart below compares the historical Sharpe Ratios of ASMH and AIS, 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. AIS - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum AIS drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for ASMH and AIS.

Drawdown Indicators

	ASMH	AIS	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-32.78%	+16.89%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	-15.84%	-0.05%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.18%	-5.47%	+1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	5.13%	+1.01%

Volatility

ASMH vs. AIS - Volatility Comparison

The current volatility for ASML Holding NV ADR Hedged ETF (ASMH) is 15.26%, while VistaShares Artificial Intelligence Supercycle ETF (AIS) has a volatility of 21.48%. This indicates that ASMH experiences smaller price fluctuations and is considered to be less risky than AIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMH	AIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.26%	21.48%	-6.22%
Volatility (6M) Calculated over the trailing 6-month period	32.35%	34.91%	-2.56%
Volatility (1Y) Calculated over the trailing 1-year period	41.23%	40.63%	+0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.72%	40.47%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.72%	40.47%	-0.75%

ASMH vs. AIS - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is lower than AIS's 0.75% expense ratio.

Dividends

ASMH vs. AIS - Dividend Comparison

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

Position	TTM	2025
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%
ASMH ASML Holding NV ADR Hedged ETF	1.51%	0.19%

Frequently Asked Questions

Can I hold both ASMH and AIS in my portfolio?

ASMH and AIS have a correlation of 0.68, 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 AIS?

AIS has higher volatility (21.48%) compared to ASMH (15.26%). In terms of maximum drawdown, ASMH dropped -15.89% vs AIS's -32.78%.

Which ETF is better, ASMH or AIS?

On 1-year performance, AIS leads with 235.71% vs 160.23% for ASMH. On fees, ASMH is cheaper at 0.19% per year. On volatility, ASMH has been the lower-risk option at 15.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMH or AIS?

Over the 1-year period, AIS has performed better with a 235.71% return vs 160.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMH or AIS?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.75% for AIS.

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

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

What is the main difference between ASMH and AIS?

They also come from different issuers: Precidian Funds and VistaShares. Their fees differ too: 0.19% for ASMH and 0.75% for AIS.

Which has better risk-adjusted returns?

AIS currently has the higher Sharpe Ratio (5.85 vs 3.92), 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.