ASML.AS vs. BRK-B

Last updated Jun 13, 2026

ASML.AS (ASML Holding NV) and BRK-B (Berkshire Hathaway Inc.) are both stocks. ASML.AS operates in Semiconductor Equipment & Materials (Technology), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, ASML.AS returned 35.87%/yr vs 12.86%/yr for BRK-B. At a 0.22 correlation, their price movements are largely independent.

Performance

ASML.AS vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in ASML Holding NV (ASML.AS) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ASML.AS is traded in EUR, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ASML.AS achieves a 77.49% return, which is significantly higher than BRK-B's -1.17% return. Over the past 10 years, ASML.AS has outperformed BRK-B with an annualized return of 35.87%, while BRK-B has yielded a comparatively lower 12.86% annualized return.

ASML.AS

• 1D: 3.40%
• 1M: 22.80%
• YTD: 77.49%
• 6M: 76.74%
• 1Y: 142.78%
• 3Y*: 34.95%
• 5Y*: 24.36%
• 10Y*: 35.87%

BRK-B

• 1D: 0.79%
• 1M: 2.04%
• YTD: -1.17%
• 6M: -0.61%
• 1Y: -0.05%
• 3Y*: 10.70%
• 5Y*: 12.29%
• 10Y*: 12.86%

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

ASML.AS vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASML.AS ASML Holding NV	77.49%	37.08%	0.36%	36.66%	-27.83%	78.74%	52.10%	95.32%	-4.67%	37.45%
BRK-B Berkshire Hathaway Inc.	-1.17%	-2.27%	35.48%	12.00%	9.71%	38.60%	-6.07%	13.44%	7.84%	6.68%

Correlation

The correlation between ASML.AS and BRK-B is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007	0.22

The correlation between ASML.AS and BRK-B shifts across timeframes, from -0.12 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ASML.AS vs. BRK-B — Risk / Return Rank

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

ASML.AS

ASML.AS Risk / Return Rank: 96
ASML.AS Sharpe Ratio Rank: 97
ASML.AS Sortino Ratio Rank: 95
ASML.AS Omega Ratio Rank: 94
ASML.AS Calmar Ratio Rank: 97
ASML.AS Martin Ratio Rank: 97

BRK-B

BRK-B Risk / Return Rank: 39
BRK-B Sharpe Ratio Rank: 42
BRK-B Sortino Ratio Rank: 34
BRK-B Omega Ratio Rank: 33
BRK-B Calmar Ratio Rank: 42
BRK-B Martin Ratio Rank: 42

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.

ASML.AS vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV (ASML.AS) and Berkshire Hathaway Inc. (BRK-B). 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.

	ASML.AS	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	3.47	-0.00	+3.48
Sortino ratio: Return per unit of downside risk	3.84	0.10	+3.74
Omega ratio: Gain probability vs. loss probability	1.50	1.01	+0.49
Calmar ratio: Return relative to maximum drawdown	8.87	-0.00	+8.88
Martin ratio: Return relative to average drawdown	23.14	-0.01	+23.15

ASML.AS vs. BRK-B - Sharpe Ratio Comparison

The current ASML.AS Sharpe Ratio is 3.47, which is higher than the BRK-B Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of ASML.AS and BRK-B, 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

ASML.AS vs. BRK-B - Drawdown Comparison

The maximum ASML.AS drawdown since its inception was -56.76%, which is greater than BRK-B's maximum drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for ASML.AS and BRK-B.

Drawdown Indicators

	ASML.AS	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-56.76%	-45.91%	-10.85%
Max Drawdown (1Y) Largest decline over 1 year	-15.81%	-11.04%	-4.77%
Max Drawdown (3Y) Largest decline over 3 years	-44.77%	-20.62%	-24.15%
Max Drawdown (5Y) Largest decline over 5 years	-47.93%	-22.31%	-25.62%
Max Drawdown (10Y) Largest decline over 10 years	-47.93%	-28.74%	-19.19%
Current Drawdown Current decline from peak	0.00%	-14.83%	+14.83%
Average Drawdown Average peak-to-trough decline	-14.83%	-9.74%	-5.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.09%	5.05%	+1.04%

Volatility

ASML.AS vs. BRK-B - Volatility Comparison

ASML Holding NV (ASML.AS) has a higher volatility of 13.41% compared to Berkshire Hathaway Inc. (BRK-B) at 4.31%. This indicates that ASML.AS's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASML.AS	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.41%	4.31%	+9.10%
Volatility (6M) Calculated over the trailing 6-month period	31.18%	11.44%	+19.74%
Volatility (1Y) Calculated over the trailing 1-year period	40.46%	15.11%	+25.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.54%	17.39%	+21.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.18%	20.11%	+14.07%

Dividends

ASML.AS vs. BRK-B - Dividend Comparison

ASML.AS's dividend yield for the trailing twelve months is around 0.46%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASML.AS ASML Holding NV	0.46%	0.71%	0.92%	0.87%	1.28%	0.47%	0.64%	1.19%	1.02%	0.83%	0.98%	0.85%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ASML.AS and BRK-B in my portfolio?

ASML.AS and BRK-B have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.