PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ASML.AS vs. EUNW.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ASML.AS vs. EUNW.DE

Last updated Jun 13, 2026

ASML.AS (ASML Holding NV) is a stock, while EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) is European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield. Over the past 10 years, ASML.AS returned 35.87%/yr vs 3.24%/yr for EUNW.DE. At a 0.44 correlation, their price movements are largely independent.

Performance

ASML.AS vs. EUNW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in ASML Holding NV (ASML.AS) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ASML.AS achieves a 77.49% return, which is significantly higher than EUNW.DE's 1.08% return. Over the past 10 years, ASML.AS has outperformed EUNW.DE with an annualized return of 35.87%, while EUNW.DE has yielded a comparatively lower 3.24% 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%

EUNW.DE

1D
0.34%
1M
0.71%
YTD
1.08%
6M
1.74%
1Y
3.40%
3Y*
6.20%
5Y*
2.64%
10Y*
3.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ASML.AS vs. EUNW.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		1.08%4.99%5.90%11.26%-9.37%2.92%1.07%9.86%-3.52%4.59%

Correlation

The correlation between ASML.AS and EUNW.DE is 0.54, 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

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Nov 30, 2010

0.44

The correlation between ASML.AS and EUNW.DE shifts across timeframes, from 0.44 (all time) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ASML Holding NV

iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)

Often compared with ASML.AS:
ASML.AS vs. NVDAASML.AS vs. ASMLASML.AS vs. SPYASML.AS vs. ASME.DEASML.AS vs. TSMASML.AS vs. AMDASML.AS vs. KLAC
Often compared with EUNW.DE:
EUNW.DE vs. ERN1.LEUNW.DE vs. EUNH.DEEUNW.DE vs. AYE2.DEEUNW.DE vs. XHYG.DEEUNW.DE vs. VGEA.DEEUNW.DE vs. HIGH.LEUNW.DE vs. XEON.DE

Return for Risk

ASML.AS vs. EUNW.DE — 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: 9696
Overall Rank
ASML.AS Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ASML.AS Sortino Ratio Rank: 9595
Sortino Ratio Rank
ASML.AS Omega Ratio Rank: 9494
Omega Ratio Rank
ASML.AS Calmar Ratio Rank: 9797
Calmar Ratio Rank
ASML.AS Martin Ratio Rank: 9797
Martin Ratio Rank
EUNW.DE
EUNW.DE Risk / Return Rank: 3232
Overall Rank
EUNW.DE Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
EUNW.DE Sortino Ratio Rank: 3434
Sortino Ratio Rank
EUNW.DE Omega Ratio Rank: 3232
Omega Ratio Rank
EUNW.DE Calmar Ratio Rank: 2828
Calmar Ratio Rank
EUNW.DE Martin Ratio Rank: 3636
Martin Ratio Rank
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. EUNW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV (ASML.AS) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE). 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.ASEUNW.DEDifference
Sharpe ratioReturn per unit of total volatility
3.47
1.00

+2.47

Sortino ratioReturn per unit of downside risk
3.84
1.62

+2.22

Omega ratioGain probability vs. loss probability

1.50

1.19

+0.30

Calmar ratioReturn relative to maximum drawdown

8.87

1.18

+7.69

Martin ratioReturn relative to average drawdown

23.14

4.94

+18.20

ASML.AS vs. EUNW.DE - Sharpe Ratio Comparison

The current ASML.AS Sharpe Ratio is 3.47, which is higher than the EUNW.DE Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of ASML.AS and EUNW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ASML.AS vs. EUNW.DE - Drawdown Comparison

The maximum ASML.AS drawdown since its inception was -56.76%, which is greater than EUNW.DE's maximum drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for ASML.AS and EUNW.DE.

Loading charts...

Drawdown Indicators

ASML.ASEUNW.DEDifference

Max Drawdown

Largest peak-to-trough decline

-56.76%

-25.47%

-31.29%

Max Drawdown (1Y)

Largest decline over 1 year

-15.81%

-2.86%

-12.95%

Max Drawdown (3Y)

Largest decline over 3 years

-44.77%

-3.80%

-40.97%

Max Drawdown (5Y)

Largest decline over 5 years

-47.93%

-14.79%

-33.14%

Max Drawdown (10Y)

Largest decline over 10 years

-47.93%

-25.47%

-22.46%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-14.83%

-2.06%

-12.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.09%

0.69%

+5.40%

Volatility

ASML.AS vs. EUNW.DE - Volatility Comparison

ASML Holding NV (ASML.AS) has a higher volatility of 13.41% compared to iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) at 0.82%. This indicates that ASML.AS's price experiences larger fluctuations and is considered to be riskier than EUNW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ASML.ASEUNW.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.41%

0.82%

+12.59%

Volatility (6M)

Calculated over the trailing 6-month period

31.18%

2.96%

+28.22%

Volatility (1Y)

Calculated over the trailing 1-year period

40.46%

3.40%

+37.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.54%

5.27%

+33.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.18%

6.57%

+27.61%

Dividends

ASML.AS vs. EUNW.DE - Dividend Comparison

ASML.AS's dividend yield for the trailing twelve months is around 0.46%, less than EUNW.DE's 5.16% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		5.16%5.45%6.09%5.41%3.70%3.07%3.67%3.75%3.68%3.78%4.03%4.59%

Frequently Asked Questions

ASML.AS and EUNW.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for ASML.AS and EUNW.DE

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer