MOON vs. ASMH

Last updated Jul 17, 2026

MOON (Direxion Moonshot Innovators ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - MOON tracks the S&P Kensho Moonshots Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. MOON charges 0.65%/yr vs 0.19%/yr for ASMH.

Performance

MOON vs. ASMH - Performance Comparison

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

Returns By Period

MOON

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MOON vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Return for Risk

MOON vs. ASMH — Risk / Return Rank

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

MOON

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

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
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.

MOON vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) 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.

	MOON	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	—	3.37	—
Sortino ratio: Return per unit of downside risk	—	3.73	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	9.79	—
Martin ratio: Return relative to average drawdown	—	28.17	—

Drawdowns

Drawdown Indicators

	MOON	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	—	-15.89%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.75%	—
Current Drawdown Current decline from peak	—	-10.51%	—
Average Drawdown Average peak-to-trough decline	—	-4.41%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.17%	—

Volatility

Volatility by Period

	MOON	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	43.78%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	41.26%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	41.26%	—

MOON vs. ASMH - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

MOON vs. ASMH - Dividend Comparison

MOON has not paid dividends to shareholders, while ASMH's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025	2024	2023	2022	2021
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	0.00%	0.00%	0.00%	0.00%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%

Frequently Asked Questions

Which ETF is better, MOON 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, MOON or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.65% for MOON.

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

ASMH has the higher dividend yield at 1.63%, compared with 0.00% for MOON.

What is the main difference between MOON and ASMH?

MOON tracks S&P Kensho Moonshots Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: Direxion and Precidian Funds. Their fees differ too: 0.65% for MOON and 0.19% for ASMH.