ASML vs. WM
ASML (ASML Holding N.V.) and WM (Waste Management, Inc.) are both stocks. ASML operates in Semiconductor Equipment & Materials (Technology), while WM operates in Waste Management (Industrials). Over the past 10 years, ASML returned 34.75%/yr vs 15.25%/yr for WM. At a 0.25 correlation, their price movements are largely independent.
Performance
ASML vs. WM - 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 WM's -0.81% return. Over the past 10 years, ASML has outperformed WM with an annualized return of 34.75%, while WM has yielded a comparatively lower 15.25% 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%
WM
- 1D
- -1.93%
- 1M
- 0.79%
- YTD
- -0.81%
- 6M
- 3.67%
- 1Y
- -7.08%
- 3Y*
- 11.63%
- 5Y*
- 10.86%
- 10Y*
- 15.25%
ASML vs. WM - 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% |
WM Waste Management, Inc. | -0.81% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
Correlation
The correlation between ASML and WM is -0.24, 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 | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 1995 | 0.25 |
The correlation between ASML and WM shifts across timeframes, from -0.24 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ASML:
$674.60B
WM:
$87.41B
ASML:
$25.86
WM:
$6.91
ASML:
67.64
WM:
31.28
ASML:
4.45
WM:
2.56
ASML:
20.10
WM:
3.44
ASML:
32.39
WM:
8.72
ASML:
$33.69B
WM:
$25.41B
ASML:
$17.72B
WM:
$5.61B
ASML:
$12.99B
WM:
$6.96B
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Return for Risk
ASML vs. WM — Risk / Return Rank
ASML
WM
ASML vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ASML Holding N.V. (ASML) and Waste Management, Inc. (WM). 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 | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.62 | ||
| Sortino ratioReturn per unit of downside risk | +4.04 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.95 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 7.56 | -0.43 | +7.98 |
| Martin ratioReturn relative to average drawdown | 20.33 | -0.95 | +21.27 |
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 | WM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | -0.38 | +3.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.59 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.78 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.36 | +0.19 |
Drawdowns
ASML vs. WM - Drawdown Comparison
The maximum ASML drawdown since its inception was -90.00%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for ASML and WM.
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Drawdown Indicators
| ASML | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.00% | -77.85% | -12.15% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -16.72% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -45.38% | -18.14% | -27.24% |
Max Drawdown (5Y)Largest decline over 5 years | -56.84% | -18.14% | -38.70% |
Max Drawdown (10Y)Largest decline over 10 years | -56.84% | -30.07% | -26.77% |
Current DrawdownCurrent decline from peak | -0.48% | -11.59% | +11.11% |
Average DrawdownAverage peak-to-trough decline | -28.14% | -17.69% | -10.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 7.49% | -0.87% |
Volatility
ASML vs. WM - Volatility Comparison
ASML Holding N.V. (ASML) has a higher volatility of 15.94% compared to Waste Management, Inc. (WM) at 5.91%. This indicates that ASML's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASML | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.94% | 5.91% | +10.03% |
Volatility (6M)Calculated over the trailing 6-month period | 33.30% | 13.69% | +19.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.73% | 18.73% | +23.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.23% | 18.55% | +23.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.62% | 19.51% | +19.11% |
Dividends
ASML vs. WM - Dividend Comparison
ASML's dividend yield for the trailing twelve months is around 0.50%, less than WM's 1.64% yield.
| 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% |
WM Waste Management, Inc. | 1.64% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
ASML vs. WM - Financials Comparison
This section allows you to compare key financial metrics between ASML Holding N.V. and Waste Management, 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
ASML vs. WM - Profitability Comparison
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a gross profit of 4.65B and revenue of 8.77B. Therefore, the gross margin over that period was 53.0%.
WM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a gross profit of 0.00 and revenue of 6.23B. Therefore, the gross margin over that period was 0.0%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported an operating income of 3.16B and revenue of 8.77B, resulting in an operating margin of 36.0%.
WM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported an operating income of 1.11B and revenue of 6.23B, resulting in an operating margin of 17.9%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a net income of 2.76B and revenue of 8.77B, resulting in a net margin of 31.4%.
WM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Waste Management, Inc. reported a net income of 723.00M and revenue of 6.23B, resulting in a net margin of 11.6%.
Frequently Asked Questions
ASML and WM have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASML has higher volatility (15.94%) compared to WM (5.91%). In terms of maximum drawdown, ASML dropped -90.00% vs WM's -77.85%.
ASML currently has the higher Sharpe Ratio (3.24 vs -0.38), 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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