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

EUNW.DE vs. ASML.AS

Last updated Jun 13, 2026

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, while ASML.AS (ASML Holding NV) is a stock. Over the past 10 years, EUNW.DE returned 3.24%/yr vs 35.87%/yr for ASML.AS. At a 0.44 correlation, their price movements are largely independent.

Performance

EUNW.DE vs. ASML.AS - Performance Comparison

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

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Returns By Period

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

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%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
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%
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%

Correlation

The correlation between EUNW.DE and ASML.AS 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 EUNW.DE and ASML.AS 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.

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

ASML Holding NV

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
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

Return for Risk

EUNW.DE vs. ASML.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
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
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
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.

EUNW.DE vs. ASML.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and ASML Holding NV (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.

EUNW.DEASML.ASDifference
Sharpe ratioReturn per unit of total volatility
1.00
3.47

-2.47

Sortino ratioReturn per unit of downside risk
1.62
3.84

-2.22

Omega ratioGain probability vs. loss probability

1.19

1.50

-0.30

Calmar ratioReturn relative to maximum drawdown

1.18

8.87

-7.69

Martin ratioReturn relative to average drawdown

4.94

23.14

-18.20

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

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

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Drawdowns

EUNW.DE vs. ASML.AS - Drawdown Comparison

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

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Drawdown Indicators

EUNW.DEASML.ASDifference

Max Drawdown

Largest peak-to-trough decline

-25.47%

-56.76%

+31.29%

Max Drawdown (1Y)

Largest decline over 1 year

-2.86%

-15.81%

+12.95%

Max Drawdown (3Y)

Largest decline over 3 years

-3.80%

-44.77%

+40.97%

Max Drawdown (5Y)

Largest decline over 5 years

-14.79%

-47.93%

+33.14%

Max Drawdown (10Y)

Largest decline over 10 years

-25.47%

-47.93%

+22.46%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-2.06%

-14.83%

+12.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

6.09%

-5.40%

Volatility

EUNW.DE vs. ASML.AS - Volatility Comparison

The current volatility for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) is 0.82%, while ASML Holding NV (ASML.AS) has a volatility of 13.41%. This indicates that EUNW.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

EUNW.DEASML.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.82%

13.41%

-12.59%

Volatility (6M)

Calculated over the trailing 6-month period

2.96%

31.18%

-28.22%

Volatility (1Y)

Calculated over the trailing 1-year period

3.40%

40.46%

-37.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.27%

38.54%

-33.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.57%

34.18%

-27.61%

Dividends

EUNW.DE vs. ASML.AS - Dividend Comparison

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

EUNW.DE and ASML.AS 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.

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