HUT vs. ASML

Last updated Jun 13, 2026

HUT (Hut 8 Corp. Common Stock) and ASML (ASML Holding N.V.) are both stocks. HUT operates in Capital Markets (Financial Services), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, HUT returned 42.31%/yr vs 22.97%/yr for ASML. At a 0.33 correlation, their price movements are largely independent.

Performance

HUT vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hut 8 Corp. Common Stock (HUT) and ASML Holding N.V. (ASML). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUT achieves a 158.73% return, which is significantly higher than ASML's 74.80% return.

HUT

• 1D: 2.19%
• 1M: 15.99%
• YTD: 158.73%
• 6M: 187.73%
• 1Y: 579.98%
• 3Y*: 124.18%
• 5Y*: 42.31%
• 10Y*: —

ASML

• 1D: -1.89%
• 1M: 24.09%
• YTD: 74.80%
• 6M: 73.02%
• 1Y: 146.81%
• 3Y*: 37.59%
• 5Y*: 22.97%
• 10Y*: 36.00%

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

HUT vs. ASML - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HUT Hut 8 Corp. Common Stock	158.73%	124.21%	53.60%	213.88%	-89.17%	185.45%	250.63%	-25.02%	-70.80%
ASML ASML Holding N.V.	74.80%	56.51%	-7.70%	39.91%	-30.49%	64.13%	66.06%	93.56%	-23.91%

Correlation

The correlation between HUT and ASML is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 8, 2018	0.33

The correlation between HUT and ASML shifts across timeframes, from 0.33 (all time) to 0.43 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HUT : $13.20B ASML : $718.77B
EPS HUT : -$2.73 ASML : €25.86
PB Ratio HUT : 9.57 ASML : 29.83
Total Revenue (TTM) HUT : -$40.96M ASML : €33.69B
Gross Profit (TTM) HUT : -$132.19M ASML : €17.72B
EBITDA (TTM) HUT : -$306.16M ASML : €12.99B

Return for Risk

HUT vs. ASML — Risk / Return Rank

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

HUT

HUT Risk / Return Rank: 97
HUT Sharpe Ratio Rank: 99
HUT Sortino Ratio Rank: 95
HUT Omega Ratio Rank: 93
HUT Calmar Ratio Rank: 99
HUT Martin Ratio Rank: 99

ASML

ASML Risk / Return Rank: 95
ASML Sharpe Ratio Rank: 96
ASML Sortino Ratio Rank: 94
ASML Omega Ratio Rank: 92
ASML Calmar Ratio Rank: 96
ASML 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.

HUT vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. Common Stock (HUT) 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.

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.

	HUT	ASML	Difference
Sharpe ratio: Return per unit of total volatility	5.35	3.27	+2.08
Sortino ratio: Return per unit of downside risk	3.84	3.70	+0.15
Omega ratio: Gain probability vs. loss probability	1.48	1.45	+0.03
Calmar ratio: Return relative to maximum drawdown	14.30	7.83	+6.47
Martin ratio: Return relative to average drawdown	38.93	21.08	+17.85

HUT vs. ASML - Sharpe Ratio Comparison

The current HUT Sharpe Ratio is 5.35, which is higher than the ASML Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of HUT and ASML, 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

HUT vs. ASML - Drawdown Comparison

The maximum HUT drawdown since its inception was -95.04%, which is greater than ASML's maximum drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for HUT and ASML.

Drawdown Indicators

	HUT	ASML	Difference
Max Drawdown Largest peak-to-trough decline	-95.04%	-90.00%	-5.04%
Max Drawdown (1Y) Largest decline over 1 year	-38.62%	-17.85%	-20.77%
Max Drawdown (3Y) Largest decline over 3 years	-71.68%	-45.38%	-26.30%
Max Drawdown (5Y) Largest decline over 5 years	-95.04%	-56.84%	-38.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-56.84%	—
Current Drawdown Current decline from peak	-10.65%	-1.89%	-8.76%
Average Drawdown Average peak-to-trough decline	-63.55%	-28.12%	-35.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.16%	6.63%	+7.53%

Volatility

HUT vs. ASML - Volatility Comparison

Hut 8 Corp. Common Stock (HUT) has a higher volatility of 26.86% compared to ASML Holding N.V. (ASML) at 17.27%. This indicates that HUT's price experiences larger fluctuations and is considered to be riskier than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUT	ASML	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.86%	17.27%	+9.59%
Volatility (6M) Calculated over the trailing 6-month period	76.73%	34.58%	+42.15%
Volatility (1Y) Calculated over the trailing 1-year period	103.29%	42.75%	+60.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.62%	42.44%	+63.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.75%	38.72%	+76.03%

Dividends

HUT vs. ASML - Dividend Comparison

HUT has not paid dividends to shareholders, while ASML's dividend yield for the trailing twelve months is around 0.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASML ASML Holding N.V.	0.47%	0.97%	0.97%	0.86%	1.27%	0.50%	0.50%	1.40%	0.94%	0.64%	0.92%	0.73%
HUT Hut 8 Corp. Common Stock	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

Frequently Asked Questions

Can I hold both HUT and ASML in my portfolio?

HUT and ASML have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUT or ASML?

HUT has higher volatility (26.86%) compared to ASML (17.27%). In terms of maximum drawdown, HUT dropped -95.04% vs ASML's -90.00%.

Which has better risk-adjusted returns?

HUT currently has the higher Sharpe Ratio (5.35 vs 3.27), 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.