ASMH vs. NXTG

Last updated Jun 4, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and NXTG (First Trust IndXX NextG ETF) are both Technology Equities funds - ASMH tracks the ASML Holding NV Sponsored ADR while NXTG tracks the Indxx 5G & NextG Thematic Index. Both are passively managed. Over the past year, ASMH returned 130.11% vs 82.82% for NXTG. A 0.61 correlation means they provide meaningful diversification when combined. ASMH charges 0.19%/yr vs 0.70%/yr for NXTG.

Performance

ASMH vs. NXTG - 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 IndXX NextG ETF (NXTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMH achieves a 63.99% return, which is significantly higher than NXTG's 54.54% return.

ASMH

• 1D: 1.53%
• 1M: 25.24%
• YTD: 63.99%
• 6M: 53.18%
• 1Y: 130.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NXTG

• 1D: -0.82%
• 1M: 22.84%
• YTD: 54.54%
• 6M: 55.39%
• 1Y: 82.82%
• 3Y*: 35.56%
• 5Y*: 19.17%
• 10Y*: 17.94%

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

ASMH vs. NXTG - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	63.99%	58.84%
NXTG First Trust IndXX NextG ETF	54.54%	30.58%

Correlation

The correlation between ASMH and NXTG is 0.62, 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	0.62
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025	0.61

The correlation between ASMH and NXTG has been stable across timeframes, ranging from 0.61 to 0.62 - a consistent structural relationship.

Return for Risk

ASMH vs. NXTG — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 88
ASMH Sharpe Ratio Rank: 92
ASMH Sortino Ratio Rank: 85
ASMH Omega Ratio Rank: 79
ASMH Calmar Ratio Rank: 95
ASMH Martin Ratio Rank: 90

NXTG

NXTG Risk / Return Rank: 96
NXTG Sharpe Ratio Rank: 97
NXTG Sortino Ratio Rank: 96
NXTG Omega Ratio Rank: 96
NXTG Calmar Ratio Rank: 95
NXTG Martin Ratio Rank: 95

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. NXTG - 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 IndXX NextG ETF (NXTG). 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.

	ASMH	NXTG	Difference
Sharpe ratio: Return per unit of total volatility	3.36	4.52	-1.16
Sortino ratio: Return per unit of downside risk	3.81	5.69	-1.88
Omega ratio: Gain probability vs. loss probability	1.47	1.77	-0.30
Calmar ratio: Return relative to maximum drawdown	8.24	8.10	+0.13
Martin ratio: Return relative to average drawdown	21.26	31.73	-10.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASMH vs. NXTG - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.36, which is comparable to the NXTG Sharpe Ratio of 4.52. The chart below compares the historical Sharpe Ratios of ASMH and NXTG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASMH	NXTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	4.52	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.59	0.69	+2.90

Drawdowns

ASMH vs. NXTG - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum NXTG drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for ASMH and NXTG.

Drawdown Indicators

	ASMH	NXTG	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-33.61%	+17.72%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	-10.28%	-5.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.61%	—
Current Drawdown Current decline from peak	0.00%	-0.82%	+0.82%
Average Drawdown Average peak-to-trough decline	-4.33%	-7.87%	+3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	2.62%	+3.52%

Volatility

ASMH vs. NXTG - Volatility Comparison

ASML Holding NV ADR Hedged ETF (ASMH) has a higher volatility of 13.84% compared to First Trust IndXX NextG ETF (NXTG) at 8.27%. This indicates that ASMH's price experiences larger fluctuations and is considered to be riskier than NXTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMH	NXTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.84%	8.27%	+5.57%
Volatility (6M) Calculated over the trailing 6-month period	30.43%	15.26%	+15.17%
Volatility (1Y) Calculated over the trailing 1-year period	38.94%	18.44%	+20.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.32%	17.93%	+20.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.32%	18.88%	+19.44%

ASMH vs. NXTG - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is lower than NXTG's 0.70% expense ratio.

Dividends

ASMH vs. NXTG - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 0.99%, less than NXTG's 1.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMH ASML Holding NV ADR Hedged ETF	0.99%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NXTG First Trust IndXX NextG ETF	1.11%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%

Frequently Asked Questions

Can I hold both ASMH and NXTG in my portfolio?

ASMH and NXTG have a correlation of 0.62, 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 NXTG?

ASMH has higher volatility (13.84%) compared to NXTG (8.27%). In terms of maximum drawdown, ASMH dropped -15.89% vs NXTG's -33.61%.

Which ETF is better, ASMH or NXTG?

On 1-year performance, ASMH leads with 130.11% vs 82.82% for NXTG. On fees, ASMH is cheaper at 0.19% per year. On volatility, NXTG has been the lower-risk option at 8.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMH or NXTG?

Over the 1-year period, ASMH has performed better with a 130.11% return vs 82.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMH or NXTG?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.70% for NXTG.

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

NXTG has the higher dividend yield at 1.11%, compared with 0.99% for ASMH.

What is the main difference between ASMH and NXTG?

ASMH tracks ASML Holding NV Sponsored ADR, while NXTG tracks Indxx 5G & NextG Thematic Index. They also come from different issuers: Precidian Funds and First Trust. Their fees differ too: 0.19% for ASMH and 0.70% for NXTG.

Which has better risk-adjusted returns?

NXTG currently has the higher Sharpe Ratio (4.52 vs 3.36), 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.