MSFT vs. ASIC

Last updated Jun 13, 2026

MSFT (Microsoft Corporation) and ASIC (Ategrity Specialty Holdings LLC) are both stocks. MSFT operates in Software - Infrastructure (Technology), while ASIC operates in Insurance - Property & Casualty (Financial Services). Over the past year, MSFT returned -17.07% vs -12.21% for ASIC. At a 0.03 correlation, their price movements are largely independent.

Performance

MSFT vs. ASIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Microsoft Corporation (MSFT) and Ategrity Specialty Holdings LLC (ASIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than ASIC's -1.14% return.

MSFT

• 1D: 0.10%
• 1M: -7.19%
• YTD: -18.85%
• 6M: -17.98%
• 1Y: -17.07%
• 3Y*: 6.16%
• 5Y*: 9.56%
• 10Y*: 24.39%

ASIC

• 1D: -1.19%
• 1M: 6.79%
• YTD: -1.14%
• 6M: 2.72%
• 1Y: -12.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFT vs. ASIC - Yearly Performance Comparison

	2026 (YTD)	2025
MSFT Microsoft Corporation	-18.85%	3.06%
ASIC Ategrity Specialty Holdings LLC	-1.14%	-11.16%

Correlation

The correlation between MSFT and ASIC is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	0.03

Fundamentals

Market Cap MSFT : $2.91T ASIC : $1.03B
EPS MSFT : $16.79 ASIC : $1.95
PE Ratio MSFT : 23.27 ASIC : 10.66
PEG Ratio MSFT : 1.63 ASIC : 0.05
PS Ratio MSFT : 9.16 ASIC : 2.06
PB Ratio MSFT : 7.02 ASIC : 1.64
Total Revenue (TTM) MSFT : $318.27B ASIC : $470.18M
Gross Profit (TTM) MSFT : $217.41B ASIC : $257.61M
EBITDA (TTM) MSFT : $200.96B ASIC : $120.37M

Return for Risk

MSFT vs. ASIC — Risk / Return Rank

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

MSFT

MSFT Risk / Return Rank: 17
MSFT Sharpe Ratio Rank: 13
MSFT Sortino Ratio Rank: 15
MSFT Omega Ratio Rank: 14
MSFT Calmar Ratio Rank: 24
MSFT Martin Ratio Rank: 20

ASIC

ASIC Risk / Return Rank: 28
ASIC Sharpe Ratio Rank: 30
ASIC Sortino Ratio Rank: 29
ASIC Omega Ratio Rank: 29
ASIC Calmar Ratio Rank: 28
ASIC Martin Ratio Rank: 27

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.

MSFT vs. ASIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) and Ategrity Specialty Holdings LLC (ASIC). 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.

	MSFT	ASIC	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	-0.28	-0.42
Sortino ratio: Return per unit of downside risk	-0.84	-0.12	-0.72
Omega ratio: Gain probability vs. loss probability	0.89	0.99	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.53	-0.44	-0.09
Martin ratio: Return relative to average drawdown	-1.08	-0.79	-0.29

MSFT vs. ASIC - Sharpe Ratio Comparison

The current MSFT Sharpe Ratio is -0.70, which is lower than the ASIC Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of MSFT and ASIC, 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

MSFT vs. ASIC - Drawdown Comparison

The maximum MSFT drawdown since its inception was -69.38%, which is greater than ASIC's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for MSFT and ASIC.

Drawdown Indicators

	MSFT	ASIC	Difference
Max Drawdown Largest peak-to-trough decline	-69.38%	-33.63%	-35.75%
Max Drawdown (1Y) Largest decline over 1 year	-33.91%	-30.77%	-3.14%
Max Drawdown (3Y) Largest decline over 3 years	-33.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.15%	—	—
Current Drawdown Current decline from peak	-27.46%	-15.84%	-11.62%
Average Drawdown Average peak-to-trough decline	-21.78%	-18.99%	-2.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.48%	17.98%	-1.50%

Volatility

MSFT vs. ASIC - Volatility Comparison

Microsoft Corporation (MSFT) has a higher volatility of 10.52% compared to Ategrity Specialty Holdings LLC (ASIC) at 9.65%. This indicates that MSFT's price experiences larger fluctuations and is considered to be riskier than ASIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFT	ASIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.52%	9.65%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	22.31%	33.68%	-11.37%
Volatility (1Y) Calculated over the trailing 1-year period	25.42%	47.68%	-22.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.66%	47.79%	-21.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.06%	47.79%	-20.73%

Dividends

MSFT vs. ASIC - Dividend Comparison

MSFT's dividend yield for the trailing twelve months is around 0.91%, while ASIC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASIC Ategrity Specialty Holdings LLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MSFT Microsoft Corporation	0.91%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%

Financials

MSFT vs. ASIC - Profitability Comparison

The chart below illustrates the profitability comparison between Microsoft Corporation and Ategrity Specialty Holdings LLC over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MSFT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.

ASIC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ategrity Specialty Holdings LLC reported a gross profit of 67.08M and revenue of 128.96M. Therefore, the gross margin over that period was 52.0%.

MSFT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.

ASIC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ategrity Specialty Holdings LLC reported an operating income of 34.23M and revenue of 128.96M, resulting in an operating margin of 26.5%.

MSFT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.

ASIC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ategrity Specialty Holdings LLC reported a net income of 25.47M and revenue of 128.96M, resulting in a net margin of 19.8%.

Frequently Asked Questions

Can I hold both MSFT and ASIC in my portfolio?

MSFT and ASIC have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFT or ASIC?

MSFT has higher volatility (10.52%) compared to ASIC (9.65%). In terms of maximum drawdown, MSFT dropped -69.38% vs ASIC's -33.63%.

Which has better risk-adjusted returns?

ASIC currently has the higher Sharpe Ratio (-0.28 vs -0.70), 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.