FBOT vs. ASMH

Last updated Jul 18, 2026

FBOT (Fidelity Disruptive Automation ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds. FBOT is actively managed, while ASMH is passively managed. Over the past year, FBOT returned 18.87% vs 141.56% for ASMH. A 0.61 correlation means they provide meaningful diversification when combined. FBOT charges 0.50%/yr vs 0.19%/yr for ASMH.

Performance

FBOT vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Automation ETF (FBOT) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBOT achieves a 10.19% return, which is significantly lower than ASMH's 68.52% return.

FBOT

• 1D: -2.17%
• 1M: -4.77%
• 6M: 2.76%
• YTD: 10.19%
• 1Y: 18.87%
• 3Y*: 12.83%
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -1.70%
• 1M: -5.89%
• 6M: 31.57%
• YTD: 68.52%
• 1Y: 141.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBOT vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
FBOT Fidelity Disruptive Automation ETF	10.19%	36.90%
ASMH ASML Holding NV ADR Hedged ETF	68.52%	59.22%

Correlation

The correlation between FBOT and ASMH is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.62

The correlation between FBOT and ASMH has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.

Return for Risk

FBOT vs. ASMH — Risk / Return Rank

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

FBOT

FBOT Risk / Return Rank: 31
FBOT Sharpe Ratio Rank: 29
FBOT Sortino Ratio Rank: 28
FBOT Omega Ratio Rank: 28
FBOT Calmar Ratio Rank: 30
FBOT Martin Ratio Rank: 37

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 90
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

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.

FBOT vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Automation ETF (FBOT) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	FBOT	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	0.86	3.32	-2.46
Sortino ratio: Return per unit of downside risk	1.29	3.69	-2.40
Omega ratio: Gain probability vs. loss probability	1.16	1.45	-0.29
Calmar ratio: Return relative to maximum drawdown	1.25	9.65	-8.41
Martin ratio: Return relative to average drawdown	4.59	27.84	-23.25

FBOT vs. ASMH - Sharpe Ratio Comparison

The current FBOT Sharpe Ratio is 0.86, which is lower than the ASMH Sharpe Ratio of 3.32. The chart below compares the historical Sharpe Ratios of FBOT and ASMH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBOT vs. ASMH - Drawdown Comparison

The maximum FBOT drawdown since its inception was -23.61%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for FBOT and ASMH.

Drawdown Indicators

	FBOT	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-15.89%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	-14.75%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-23.61%	—	—
Current Drawdown Current decline from peak	-8.59%	-12.03%	+3.44%
Average Drawdown Average peak-to-trough decline	-5.11%	-4.43%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	5.17%	-1.05%

Volatility

FBOT vs. ASMH - Volatility Comparison

The current volatility for Fidelity Disruptive Automation ETF (FBOT) is 7.67%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 17.53%. This indicates that FBOT experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBOT	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.67%	17.53%	-9.86%
Volatility (6M) Calculated over the trailing 6-month period	18.20%	34.19%	-15.99%
Volatility (1Y) Calculated over the trailing 1-year period	22.00%	42.93%	-20.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.31%	41.24%	-19.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.31%	41.24%	-19.93%

FBOT vs. ASMH - Expense Ratio Comparison

FBOT has a 0.50% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

FBOT vs. ASMH - Dividend Comparison

FBOT's dividend yield for the trailing twelve months is around 0.46%, less than ASMH's 1.66% yield.

Position	TTM	2025	2024	2023
ASMH ASML Holding NV ADR Hedged ETF	1.66%	0.19%	0.00%	0.00%
FBOT Fidelity Disruptive Automation ETF	0.46%	0.81%	0.31%	0.20%

Frequently Asked Questions

Can I hold both FBOT and ASMH in my portfolio?

FBOT and ASMH have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBOT or ASMH?

ASMH has higher volatility (17.53%) compared to FBOT (7.67%). In terms of maximum drawdown, FBOT dropped -23.61% vs ASMH's -15.89%.

Which ETF is better, FBOT or ASMH?

On 1-year performance, ASMH leads with 141.56% vs 18.87% for FBOT. On fees, ASMH is cheaper at 0.19% per year. On volatility, FBOT has been the lower-risk option at 7.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBOT or ASMH?

Over the 1-year period, ASMH has performed better with a 141.56% return vs 18.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBOT or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.50% for FBOT.

Which ETF pays a higher dividend yield, FBOT or ASMH?

ASMH has the higher dividend yield at 1.66%, compared with 0.46% for FBOT.

What is the main difference between FBOT and ASMH?

They also come from different issuers: Fidelity and Precidian Funds. Their fees differ too: 0.50% for FBOT and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.32 vs 0.86), 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.