ASML vs. SHOP
ASML (ASML Holding N.V.) and SHOP (Shopify Inc.) are both stocks. Both are in the Technology sector — ASML in Semiconductor Equipment & Materials, SHOP in Software - Application. Over the past 10 years, ASML returned 34.75%/yr vs 44.31%/yr for SHOP. At a 0.45 correlation, their price movements are largely independent.
Performance
ASML vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, ASML achieves a 64.06% return, which is significantly higher than SHOP's -31.18% return. Over the past 10 years, ASML has underperformed SHOP with an annualized return of 34.75%, while SHOP has yielded a comparatively higher 44.31% annualized return.
ASML
- 1D
- 6.54%
- 1M
- 9.86%
- YTD
- 64.06%
- 6M
- 56.76%
- 1Y
- 134.10%
- 3Y*
- 36.05%
- 5Y*
- 21.93%
- 10Y*
- 34.75%
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
ASML vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 64.06% | 56.51% | -7.70% | 39.91% | -30.49% | 64.13% | 66.06% | 93.56% | -9.80% | 56.23% |
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between ASML and SHOP 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 | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.45 |
The correlation between ASML and SHOP shifts across timeframes, from 0.26 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ASML:
$674.60B
SHOP:
$144.39B
ASML:
$25.86
SHOP:
$1.02
ASML:
67.64
SHOP:
108.75
ASML:
4.45
SHOP:
0.21
ASML:
20.10
SHOP:
15.75
ASML:
32.39
SHOP:
11.55
ASML:
$33.69B
SHOP:
$9.20B
ASML:
$17.72B
SHOP:
$5.93B
ASML:
$12.99B
SHOP:
$1.60B
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Return for Risk
ASML vs. SHOP — Risk / Return Rank
ASML
SHOP
ASML vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASML Holding N.V. (ASML) and Shopify Inc. (SHOP). 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.
| ASML | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.25 | ||
| Sortino ratioReturn per unit of downside risk | +3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.05 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 7.56 | -0.01 | +7.57 |
| Martin ratioReturn relative to average drawdown | 20.33 | -0.03 | +20.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ASML | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | -0.01 | +3.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | -0.03 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.75 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.69 | -0.13 |
Drawdowns
ASML vs. SHOP - Drawdown Comparison
The maximum ASML drawdown since its inception was -90.00%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for ASML and SHOP.
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Drawdown Indicators
| ASML | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.00% | -84.82% | -5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -46.71% | +28.86% |
Max Drawdown (3Y)Largest decline over 3 years | -45.38% | -46.71% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -56.84% | -84.82% | +27.98% |
Max Drawdown (10Y)Largest decline over 10 years | -56.84% | -84.82% | +27.98% |
Current DrawdownCurrent decline from peak | -0.48% | -38.12% | +37.64% |
Average DrawdownAverage peak-to-trough decline | -28.14% | -28.22% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 21.74% | -15.12% |
Volatility
ASML vs. SHOP - Volatility Comparison
The current volatility for ASML Holding N.V. (ASML) is 15.94%, while Shopify Inc. (SHOP) has a volatility of 17.86%. This indicates that ASML experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASML | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.94% | 17.86% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 33.30% | 43.67% | -10.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.73% | 57.27% | -15.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.23% | 65.57% | -23.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.62% | 59.09% | -20.47% |
Dividends
ASML vs. SHOP - Dividend Comparison
ASML's dividend yield for the trailing twelve months is around 0.50%, while SHOP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 0.50% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
SHOP Shopify 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
ASML vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between ASML Holding N.V. and Shopify Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ASML and SHOP 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.
SHOP has higher volatility (17.86%) compared to ASML (15.94%). In terms of maximum drawdown, ASML dropped -90.00% vs SHOP's -84.82%.
ASML currently has the higher Sharpe Ratio (3.24 vs -0.01), 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.
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