ASMH vs. FTXL

Last updated Apr 1, 2026

Compare and contrast key facts about ASML Holding NV ADR Hedged ETF (ASMH) and First Trust Nasdaq Semiconductor ETF (FTXL).

ASMH and FTXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASMH is a passively managed fund by Precidian Funds that tracks the performance of the ASML Holding NV Sponsored ADR. It was launched on Mar 13, 2025. FTXL is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Semiconductor Index. It was launched on Sep 20, 2016. Both ASMH and FTXL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ASMH vs. FTXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) and First Trust Nasdaq Semiconductor ETF (FTXL). The values are adjusted to include any dividend payments, if applicable.

ASMH vs. FTXL - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	25.77%	58.84%
FTXL First Trust Nasdaq Semiconductor ETF	13.86%	86.22%

Returns By Period

In the year-to-date period, ASMH achieves a 25.77% return, which is significantly higher than FTXL's 13.86% return.

ASMH

• 1D: 4.15%
• 1M: -6.47%
• YTD: 25.77%
• 6M: 39.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTXL

• 1D: 5.87%
• 1M: -5.49%
• YTD: 13.86%
• 6M: 31.99%
• 1Y: 95.80%
• 3Y*: 32.15%
• 5Y*: 17.68%
• 10Y*: —

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

ASMH vs. FTXL - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is lower than FTXL's 0.60% expense ratio.

FTXL

First Trust Nasdaq Semiconductor ETF

ASMH

ASML Holding NV ADR Hedged ETF

Return for Risk

ASMH vs. FTXL — Risk / Return Rank

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

FTXL

FTXL Risk / Return Rank: 95
FTXL Sharpe Ratio Rank: 95
FTXL Sortino Ratio Rank: 94
FTXL Omega Ratio Rank: 93
FTXL Calmar Ratio Rank: 97
FTXL 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. FTXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) and First Trust Nasdaq Semiconductor ETF (FTXL). 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.

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

Sharpe Ratios by Period

	ASMH	FTXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.00	0.71	+2.29

Correlation

The correlation between ASMH and FTXL is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ASMH vs. FTXL - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 1.29%, more than FTXL's 0.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ASMH ASML Holding NV ADR Hedged ETF	1.29%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTXL First Trust Nasdaq Semiconductor ETF	0.24%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%

Drawdowns

ASMH vs. FTXL - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum FTXL drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for ASMH and FTXL.

Drawdown Indicators

	ASMH	FTXL	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-43.87%	+27.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.87%	—
Current Drawdown Current decline from peak	-11.21%	-9.49%	-1.72%
Average Drawdown Average peak-to-trough decline	-4.43%	-10.72%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.77%	—

Volatility

Volatility by Period

	ASMH	FTXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.81%	41.85%	-5.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.81%	35.41%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.81%	33.98%	+2.83%