IVRS vs. ASMH

Last updated Jul 15, 2026

IVRS (iShares Future Metaverse Tech And Communications ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - IVRS tracks the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, IVRS returned -8.77% vs 128.60% for ASMH. At a 0.44 correlation, their price movements are largely independent. IVRS charges 0.47%/yr vs 0.19%/yr for ASMH.

Performance

IVRS vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Metaverse Tech And Communications ETF (IVRS) 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, IVRS achieves a -6.53% return, which is significantly lower than ASMH's 71.60% return.

IVRS

• 1D: 0.40%
• 1M: 2.26%
• 6M: -11.70%
• YTD: -6.53%
• 1Y: -8.77%
• 3Y*: 6.53%
• 5Y*: —
• 10Y*: —

ASMH

• 1D: 2.62%
• 1M: -3.01%
• 6M: 43.65%
• YTD: 71.60%
• 1Y: 128.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVRS vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
IVRS iShares Future Metaverse Tech And Communications ETF	-6.53%	18.10%
ASMH ASML Holding NV ADR Hedged ETF	71.60%	59.22%

Correlation

The correlation between IVRS and ASMH is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.44

Return for Risk

IVRS vs. ASMH — Risk / Return Rank

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

IVRS

IVRS Risk / Return Rank: 6
IVRS Sharpe Ratio Rank: 6
IVRS Sortino Ratio Rank: 6
IVRS Omega Ratio Rank: 6
IVRS Calmar Ratio Rank: 7
IVRS Martin Ratio Rank: 7

ASMH

ASMH Risk / Return Rank: 92
ASMH Sharpe Ratio Rank: 95
ASMH Sortino Ratio Rank: 90
ASMH Omega Ratio Rank: 86
ASMH Calmar Ratio Rank: 97
ASMH Martin Ratio Rank: 94

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.

IVRS vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) 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.

	IVRS	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	2.96	-3.34
Sortino ratio: Return per unit of downside risk	-0.38	3.34	-3.72
Omega ratio: Gain probability vs. loss probability	0.95	1.41	-0.46
Calmar ratio: Return relative to maximum drawdown	-0.28	8.14	-8.42
Martin ratio: Return relative to average drawdown	-0.55	19.96	-20.50

IVRS vs. ASMH - Sharpe Ratio Comparison

The current IVRS Sharpe Ratio is -0.38, which is lower than the ASMH Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of IVRS 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

IVRS vs. ASMH - Drawdown Comparison

The maximum IVRS drawdown since its inception was -31.43%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for IVRS and ASMH.

Drawdown Indicators

	IVRS	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-31.43%	-15.89%	-15.54%
Max Drawdown (1Y) Largest decline over 1 year	-31.43%	-15.89%	-15.54%
Max Drawdown (3Y) Largest decline over 3 years	-31.43%	—	—
Current Drawdown Current decline from peak	-19.59%	-10.42%	-9.17%
Average Drawdown Average peak-to-trough decline	-6.27%	-4.37%	-1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.05%	6.47%	+9.58%

Volatility

IVRS vs. ASMH - Volatility Comparison

The current volatility for iShares Future Metaverse Tech And Communications ETF (IVRS) is 6.49%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 18.00%. This indicates that IVRS 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

	IVRS	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	18.00%	-11.51%
Volatility (6M) Calculated over the trailing 6-month period	19.98%	34.03%	-14.05%
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	43.73%	-20.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.72%	41.31%	-20.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.72%	41.31%	-20.59%

IVRS vs. ASMH - Expense Ratio Comparison

IVRS has a 0.47% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

IVRS vs. ASMH - Dividend Comparison

IVRS's dividend yield for the trailing twelve months is around 8.57%, more than ASMH's 1.63% yield.

Position	TTM	2025	2024	2023
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	0.00%	0.00%
IVRS iShares Future Metaverse Tech And Communications ETF	8.57%	7.88%	6.65%	0.48%

Frequently Asked Questions

Can I hold both IVRS and ASMH in my portfolio?

IVRS and ASMH have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVRS or ASMH?

ASMH has higher volatility (18.00%) compared to IVRS (6.49%). In terms of maximum drawdown, IVRS dropped -31.43% vs ASMH's -15.89%.

Which ETF is better, IVRS or ASMH?

On 1-year performance, ASMH leads with 128.60% vs -8.77% for IVRS. On fees, ASMH is cheaper at 0.19% per year. On volatility, IVRS has been the lower-risk option at 6.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVRS or ASMH?

Over the 1-year period, ASMH has performed better with a 128.60% return vs -8.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVRS or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.47% for IVRS.

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

IVRS has the higher dividend yield at 8.57%, compared with 1.63% for ASMH.

What is the main difference between IVRS and ASMH?

IVRS tracks Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: iShares and Precidian Funds. Their fees differ too: 0.47% for IVRS and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (2.96 vs -0.38), 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.