EDN vs. ASX
EDN (Empresa Distribuidora y Comercializadora Norte Sociedad Anónima) and ASX (ASE Technology Holding Co., Ltd.) are both stocks. EDN operates in Utilities - Regulated Electric (Utilities), while ASX operates in Semiconductors (Technology). Over the past 10 years, EDN returned 5.61%/yr vs 27.14%/yr for ASX. At a 0.19 correlation, their price movements are largely independent.
Performance
EDN vs. ASX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDN achieves a -10.81% return, which is significantly lower than ASX's 147.89% return. Over the past 10 years, EDN has underperformed ASX with an annualized return of 5.61%, while ASX has yielded a comparatively higher 27.14% annualized return.
EDN
- 1D
- -2.73%
- 1M
- 9.82%
- YTD
- -10.81%
- 6M
- -24.92%
- 1Y
- -17.61%
- 3Y*
- 35.67%
- 5Y*
- 44.10%
- 10Y*
- 5.61%
ASX
- 1D
- 1.66%
- 1M
- 23.64%
- YTD
- 147.89%
- 6M
- 159.16%
- 1Y
- 336.26%
- 3Y*
- 78.22%
- 5Y*
- 44.06%
- 10Y*
- 27.14%
EDN vs. ASX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | -10.81% | -30.18% | 121.53% | 142.43% | 50.75% | 25.00% | -32.27% | -76.87% | -45.55% | 78.46% |
ASX ASE Technology Holding Co., Ltd. | 147.89% | 65.68% | 10.14% | 60.87% | -12.75% | 38.25% | 8.13% | 53.97% | -37.08% | 31.93% |
Correlation
The correlation between EDN and ASX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2007 | 0.19 |
Fundamentals
EDN:
$1.17B
ASX:
$89.50B
EDN:
$7.34K
ASX:
$21.22
EDN:
0.00
ASX:
1.88
EDN:
0.00
ASX:
0.13
EDN:
0.00
ASX:
0.26
EDN:
$3.20T
ASX:
$666.14B
EDN:
$785.01B
ASX:
$122.03B
EDN:
$981.10B
ASX:
$130.31B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EDN vs. ASX — Risk / Return Rank
EDN
ASX
EDN vs. ASX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) and ASE Technology Holding Co., Ltd. (ASX). 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.
| EDN | ASX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.98 | ||
| Sortino ratioReturn per unit of downside risk | -6.18 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.87 | -0.84 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 20.16 | -20.49 |
| Martin ratioReturn relative to average drawdown | -0.69 | 55.80 | -56.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EDN | ASX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.22 | 7.76 | -7.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.12 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.71 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.39 | -0.36 |
Drawdowns
EDN vs. ASX - Drawdown Comparison
The maximum EDN drawdown since its inception was -95.48%, which is greater than ASX's maximum drawdown of -78.05%. Use the drawdown chart below to compare losses from any high point for EDN and ASX.
Loading charts...
Drawdown Indicators
| EDN | ASX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.48% | -78.05% | -17.43% |
Max Drawdown (1Y)Largest decline over 1 year | -53.34% | -16.81% | -36.53% |
Max Drawdown (3Y)Largest decline over 3 years | -69.51% | -40.64% | -28.87% |
Max Drawdown (5Y)Largest decline over 5 years | -69.51% | -45.99% | -23.52% |
Max Drawdown (10Y)Largest decline over 10 years | -95.48% | -54.17% | -41.31% |
Current DrawdownCurrent decline from peak | -57.28% | -1.70% | -55.58% |
Average DrawdownAverage peak-to-trough decline | -61.83% | -22.58% | -39.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.82% | 6.06% | +19.76% |
Volatility
EDN vs. ASX - Volatility Comparison
The current volatility for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) is 17.83%, while ASE Technology Holding Co., Ltd. (ASX) has a volatility of 19.08%. This indicates that EDN experiences smaller price fluctuations and is considered to be less risky than ASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EDN | ASX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.83% | 19.08% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 38.87% | 33.26% | +5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.44% | 43.68% | +36.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.82% | 39.70% | +29.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.90% | 38.30% | +26.60% |
Dividends
EDN vs. ASX - Dividend Comparison
EDN has not paid dividends to shareholders, while ASX's dividend yield for the trailing twelve months is around 0.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 0.90% | 2.23% | 3.19% | 6.07% | 7.64% | 3.86% | 2.34% | 2.88% | 14.19% | 2.51% | 3.63% | 4.00% |
EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | 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
EDN vs. ASX - Financials Comparison
This section allows you to compare key financial metrics between Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and ASE Technology Holding Co., Ltd.. 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
EDN vs. ASX - Profitability Comparison
EDN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported a gross profit of 235.83B and revenue of 846.71B. Therefore, the gross margin over that period was 27.9%.
ASX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a gross profit of 35.21B and revenue of 175.46B. Therefore, the gross margin over that period was 20.1%.
EDN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported an operating income of 134.36B and revenue of 846.71B, resulting in an operating margin of 15.9%.
ASX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported an operating income of 17.71B and revenue of 175.46B, resulting in an operating margin of 10.1%.
EDN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported a net income of 117.85B and revenue of 846.71B, resulting in a net margin of 13.9%.
ASX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a net income of 14.29B and revenue of 175.46B, resulting in a net margin of 8.2%.
Frequently Asked Questions
EDN and ASX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASX has higher volatility (19.08%) compared to EDN (17.83%). In terms of maximum drawdown, EDN dropped -95.48% vs ASX's -78.05%.
ASX currently has the higher Sharpe Ratio (7.76 vs -0.22), 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.
Find the right allocation for EDN and ASX
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