ASML.AS vs. CNYA
ASML.AS (ASML Holding NV) is a stock, while CNYA (iShares MSCI China A ETF) is China Equities fund tracking the MSCI China A Inclusion Index. Over the past 5 years, ASML.AS returned 24.36%/yr vs -0.24%/yr for CNYA. At a 0.21 correlation, their price movements are largely independent.
Performance
ASML.AS vs. CNYA - Performance Comparison
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Different Trading Currencies
ASML.AS is traded in EUR, while CNYA is traded in USD. To make them comparable, the CNYA 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 CNYA's 8.39% 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%
CNYA
- 1D
- 1.04%
- 1M
- -3.51%
- YTD
- 8.39%
- 6M
- 11.72%
- 1Y
- 32.77%
- 3Y*
- 8.20%
- 5Y*
- -0.24%
- 10Y*
- —
ASML.AS vs. CNYA - 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% |
CNYA iShares MSCI China A ETF | 8.39% | 11.47% | 18.10% | -16.34% | -21.96% | 11.28% | 29.87% | 39.02% | -23.11% | 14.89% |
Correlation
The correlation between ASML.AS and CNYA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2016 | 0.21 |
The correlation between ASML.AS and CNYA shifts across timeframes, from 0.12 (5 years) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ASML.AS vs. CNYA — Risk / Return Rank
ASML.AS
CNYA
ASML.AS vs. CNYA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV (ASML.AS) and iShares MSCI China A ETF (CNYA). 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 | CNYA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.34 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 8.87 | 4.89 | +3.99 |
| Martin ratioReturn relative to average drawdown | 23.14 | 12.39 | +10.76 |
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Drawdowns
ASML.AS vs. CNYA - Drawdown Comparison
The maximum ASML.AS drawdown since its inception was -56.76%, which is greater than CNYA's maximum drawdown of -43.64%. Use the drawdown chart below to compare losses from any high point for ASML.AS and CNYA.
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Drawdown Indicators
| ASML.AS | CNYA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.76% | -43.64% | -13.12% |
Max Drawdown (1Y)Largest decline over 1 year | -15.81% | -6.74% | -9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -44.77% | -32.98% | -11.79% |
Max Drawdown (5Y)Largest decline over 5 years | -47.93% | -42.08% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -47.93% | -43.64% | -4.29% |
Current DrawdownCurrent decline from peak | 0.00% | -12.00% | +12.00% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -16.16% | +1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.09% | 2.65% | +3.44% |
Volatility
ASML.AS vs. CNYA - Volatility Comparison
ASML Holding NV (ASML.AS) has a higher volatility of 13.41% compared to iShares MSCI China A ETF (CNYA) at 5.78%. This indicates that ASML.AS's price experiences larger fluctuations and is considered to be riskier than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASML.AS | CNYA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.41% | 5.78% | +7.63% |
Volatility (6M)Calculated over the trailing 6-month period | 31.18% | 11.99% | +19.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.46% | 17.15% | +23.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.54% | 22.97% | +15.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.18% | 23.26% | +10.92% |
Dividends
ASML.AS vs. CNYA - Dividend Comparison
ASML.AS's dividend yield for the trailing twelve months is around 0.46%, less than CNYA's 1.79% yield.
| 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% |
CNYA iShares MSCI China A ETF | 1.79% | 1.92% | 2.51% | 4.23% | 2.69% | 1.11% | 1.06% | 1.21% | 3.92% | 0.97% | 1.38% | 0.00% |
Frequently Asked Questions
ASML.AS and CNYA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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