METW vs. ASMH

Last updated Jun 4, 2026

METW (Roundhill Meta Weeklypay ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - METW tracks the Ball Metaverse Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 0.19%/yr for ASMH.

Performance

METW vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) 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, METW achieves a -8.79% return, which is significantly lower than ASMH's 63.99% return.

METW

• 1D: 5.19%
• 1M: 2.24%
• YTD: -8.79%
• 6M: -5.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: 1.53%
• 1M: 25.24%
• YTD: 63.99%
• 6M: 53.18%
• 1Y: 130.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-8.79%	-8.20%
ASMH ASML Holding NV ADR Hedged ETF	63.99%	39.16%

Correlation

The correlation between METW and ASMH is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.32

Return for Risk

METW vs. ASMH — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 88
ASMH Sharpe Ratio Rank: 92
ASMH Sortino Ratio Rank: 85
ASMH Omega Ratio Rank: 79
ASMH Calmar Ratio Rank: 95
ASMH Martin Ratio Rank: 90

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.

METW vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	METW	ASMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	3.59	-3.99

Drawdowns

METW vs. ASMH - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for METW and ASMH.

Drawdown Indicators

	METW	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-15.89%	-24.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.89%	—
Current Drawdown Current decline from peak	-27.63%	0.00%	-27.63%
Average Drawdown Average peak-to-trough decline	-17.31%	-4.33%	-12.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.14%	—

Volatility

Volatility by Period

	METW	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.57%	38.94%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.57%	38.32%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.57%	38.32%	+4.25%

METW vs. ASMH - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

METW vs. ASMH - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 55.37%, more than ASMH's 0.99% yield.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	0.99%	0.19%
METW Roundhill Meta Weeklypay ETF	55.37%	30.89%

Frequently Asked Questions

Can I hold both METW and ASMH in my portfolio?

METW and ASMH have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METW or ASMH?

On fees, ASMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METW or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.59% for METW.

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

METW has the higher dividend yield at 55.37%, compared with 0.99% for ASMH.

What is the main difference between METW and ASMH?

METW tracks Ball Metaverse Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: Roundhill and Precidian Funds. Their fees differ too: 0.59% for METW and 0.19% for ASMH.