ASWC.DE vs. ASML.AS
ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) is Aerospace & Defense fund tracking the EQM Future of Defence Index, while ASML.AS (ASML Holding N.V.) is a stock. Over the past year, ASWC.DE returned 16.90% vs 147.16% for ASML.AS. At a 0.34 correlation, their price movements are largely independent.
Performance
ASWC.DE vs. ASML.AS - Performance Comparison
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Returns By Period
In the year-to-date period, ASWC.DE achieves a 13.04% return, which is significantly lower than ASML.AS's 77.49% return.
ASWC.DE
- 1D
- -0.80%
- 1M
- 4.69%
- YTD
- 13.04%
- 6M
- 13.89%
- 1Y
- 16.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASML.AS
- 1D
- 3.40%
- 1M
- 24.72%
- YTD
- 77.49%
- 6M
- 76.74%
- 1Y
- 147.16%
- 3Y*
- 34.95%
- 5Y*
- 24.36%
- 10Y*
- 35.87%
ASWC.DE vs. ASML.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.37% |
ASML.AS ASML Holding N.V. | 77.49% | 37.08% | 0.36% | 2.83% |
Correlation
The correlation between ASWC.DE and ASML.AS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2023 | 0.34 |
The correlation between ASWC.DE and ASML.AS shifts across timeframes, from 0.20 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ASWC.DE vs. ASML.AS — Risk / Return Rank
ASWC.DE
ASML.AS
ASWC.DE vs. ASML.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) and ASML Holding N.V. (ASML.AS). 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.
| ASWC.DE | ASML.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.50 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 8.87 | -7.52 |
| Martin ratioReturn relative to average drawdown | 3.10 | 23.14 | -20.04 |
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Drawdowns
ASWC.DE vs. ASML.AS - Drawdown Comparison
The maximum ASWC.DE drawdown since its inception was -12.58%, smaller than the maximum ASML.AS drawdown of -56.76%. Use the drawdown chart below to compare losses from any high point for ASWC.DE and ASML.AS.
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Drawdown Indicators
| ASWC.DE | ASML.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.58% | -56.76% | +44.18% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -15.81% | +3.23% |
Max Drawdown (3Y)Largest decline over 3 years | — | -44.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.93% | — |
Current DrawdownCurrent decline from peak | -2.83% | 0.00% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -14.83% | +12.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 6.09% | -0.58% |
Volatility
ASWC.DE vs. ASML.AS - Volatility Comparison
The current volatility for HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) is 5.89%, while ASML Holding N.V. (ASML.AS) has a volatility of 13.41%. This indicates that ASWC.DE experiences smaller price fluctuations and is considered to be less risky than ASML.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASWC.DE | ASML.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.89% | 13.41% | -7.52% |
Volatility (6M)Calculated over the trailing 6-month period | 15.89% | 31.18% | -15.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.35% | 40.46% | -20.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 38.54% | -19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.11% | 34.18% | -15.07% |
Dividends
ASWC.DE vs. ASML.AS - Dividend Comparison
ASWC.DE has not paid dividends to shareholders, while ASML.AS's dividend yield for the trailing twelve months is around 0.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML.AS ASML Holding N.V. | 0.46% | 0.71% | 0.92% | 0.87% | 1.28% | 0.47% | 0.64% | 1.19% | 1.02% | 0.83% | 0.98% | 0.85% |
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ASWC.DE and ASML.AS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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