GS vs. ASML
GS (The Goldman Sachs Group, Inc.) and ASML (ASML Holding N.V.) are both stocks. GS operates in Capital Markets (Financial Services), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, GS returned 23.96%/yr vs 34.75%/yr for ASML. At a 0.43 correlation, their price movements are largely independent.
Performance
GS vs. ASML - Performance Comparison
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Returns By Period
In the year-to-date period, GS achieves a 20.04% return, which is significantly lower than ASML's 64.06% return. Over the past 10 years, GS has underperformed ASML with an annualized return of 23.96%, while ASML has yielded a comparatively higher 34.75% annualized return.
GS
- 1D
- 0.61%
- 1M
- 12.08%
- YTD
- 20.04%
- 6M
- 21.74%
- 1Y
- 73.62%
- 3Y*
- 49.42%
- 5Y*
- 25.24%
- 10Y*
- 23.96%
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%
GS vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GS The Goldman Sachs Group, Inc. | 20.04% | 56.64% | 52.03% | 15.91% | -7.87% | 47.61% | 17.45% | 40.48% | -33.53% | 7.73% |
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% |
Correlation
The correlation between GS and ASML is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 5, 1999 | 0.43 |
Fundamentals
GS:
$321.86B
ASML:
$674.60B
GS:
$57.41
ASML:
$25.86
GS:
18.20
ASML:
67.64
GS:
2.36
ASML:
4.45
GS:
2.97
ASML:
20.10
GS:
2.62
ASML:
32.39
GS:
$110.77B
ASML:
$33.69B
GS:
$61.53B
ASML:
$17.72B
GS:
$24.94B
ASML:
$12.99B
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Return for Risk
GS vs. ASML — Risk / Return Rank
GS
ASML
GS vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Goldman Sachs Group, Inc. (GS) and ASML Holding N.V. (ASML). 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.
| GS | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.45 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 7.56 | -3.74 |
| Martin ratioReturn relative to average drawdown | 12.74 | 20.33 | -7.58 |
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
| GS | ASML | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 3.24 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.52 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.90 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.56 | -0.22 |
Drawdowns
GS vs. ASML - Drawdown Comparison
The maximum GS drawdown since its inception was -78.84%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for GS and ASML.
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Drawdown Indicators
| GS | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -90.00% | +11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -17.85% | -1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -30.90% | -45.38% | +14.48% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -56.84% | +24.00% |
Max Drawdown (10Y)Largest decline over 10 years | -48.75% | -56.84% | +8.09% |
Current DrawdownCurrent decline from peak | -4.36% | -0.48% | -3.88% |
Average DrawdownAverage peak-to-trough decline | -22.62% | -28.14% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.80% | 6.62% | -0.82% |
Volatility
GS vs. ASML - Volatility Comparison
The current volatility for The Goldman Sachs Group, Inc. (GS) is 10.56%, while ASML Holding N.V. (ASML) has a volatility of 15.94%. This indicates that GS experiences smaller price fluctuations and is considered to be less risky than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GS | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.56% | 15.94% | -5.38% |
Volatility (6M)Calculated over the trailing 6-month period | 23.02% | 33.30% | -10.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.14% | 41.73% | -13.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.03% | 42.23% | -14.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.84% | 38.62% | -8.78% |
Dividends
GS vs. ASML - Dividend Comparison
GS's dividend yield for the trailing twelve months is around 1.63%, more than ASML's 0.50% 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% |
GS The Goldman Sachs Group, Inc. | 1.63% | 1.59% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% |
Financials
GS vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between The Goldman Sachs Group, Inc. and ASML Holding N.V.. 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
GS vs. ASML - Profitability Comparison
GS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a gross profit of 16.91B and revenue of 17.23B. Therefore, the gross margin over that period was 98.2%.
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%.
GS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported an operating income of 6.49B and revenue of 17.23B, resulting in an operating margin of 37.7%.
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%.
GS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a net income of 5.63B and revenue of 17.23B, resulting in a net margin of 32.7%.
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%.
Frequently Asked Questions
GS and ASML have a correlation of 0.49, 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 GS (10.56%). In terms of maximum drawdown, GS dropped -78.84% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.24 vs 2.64), 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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