NRSDY vs. ASX
NRSDY (Nordic Semiconductor ASA) and ASX (ASE Technology Holding Co., Ltd.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, NRSDY returned -7.72%/yr vs 46.47%/yr for ASX. At a 0.14 correlation, their price movements are largely independent.
Performance
NRSDY vs. ASX - Performance Comparison
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Returns By Period
In the year-to-date period, NRSDY achieves a 53.44% return, which is significantly lower than ASX's 170.93% return.
NRSDY
- 1D
- 0.00%
- 1M
- -9.89%
- YTD
- 53.44%
- 6M
- 53.44%
- 1Y
- 53.44%
- 3Y*
- 18.21%
- 5Y*
- -7.72%
- 10Y*
- —
ASX
- 1D
- 7.54%
- 1M
- 25.31%
- YTD
- 170.93%
- 6M
- 184.17%
- 1Y
- 346.22%
- 3Y*
- 79.24%
- 5Y*
- 46.47%
- 10Y*
- 29.30%
NRSDY vs. ASX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NRSDY Nordic Semiconductor ASA | 53.44% | 47.95% | -29.86% | -30.93% | -46.55% | 11.18% |
ASX ASE Technology Holding Co., Ltd. | 170.93% | 65.68% | 10.14% | 60.87% | -12.75% | -2.26% |
Correlation
The correlation between NRSDY and ASX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2021 | 0.14 |
Fundamentals
NRSDY:
$3.89B
ASX:
$97.82B
NRSDY:
$0.13
ASX:
NT$21.22
NRSDY:
148.51
ASX:
64.96
NRSDY:
5.45
ASX:
4.60
NRSDY:
5.71
ASX:
8.82
NRSDY:
$704.87M
ASX:
NT$666.14B
NRSDY:
$305.30M
ASX:
NT$122.03B
NRSDY:
$63.62M
ASX:
NT$130.31B
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Return for Risk
NRSDY vs. ASX — Risk / Return Rank
NRSDY
ASX
NRSDY vs. ASX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordic Semiconductor ASA (NRSDY) and ASE Technology Holding Co., Ltd. (ASX). 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.
| NRSDY | ASX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.29 | ||
| Sortino ratioReturn per unit of downside risk | -3.84 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.81 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 20.76 | -18.90 |
| Martin ratioReturn relative to average drawdown | 3.38 | 54.16 | -50.79 |
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Drawdowns
NRSDY vs. ASX - Drawdown Comparison
The maximum NRSDY drawdown since its inception was -79.75%, roughly equal to the maximum ASX drawdown of -78.05%. Use the drawdown chart below to compare losses from any high point for NRSDY and ASX.
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Drawdown Indicators
| NRSDY | ASX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.75% | -78.05% | -1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -29.21% | -16.81% | -12.40% |
Max Drawdown (3Y)Largest decline over 3 years | -49.55% | -40.64% | -8.91% |
Max Drawdown (5Y)Largest decline over 5 years | -79.75% | -45.99% | -33.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.17% | — |
Current DrawdownCurrent decline from peak | -46.59% | 0.00% | -46.59% |
Average DrawdownAverage peak-to-trough decline | -55.40% | -22.55% | -32.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.97% | 6.43% | +9.54% |
Volatility
NRSDY vs. ASX - Volatility Comparison
The current volatility for Nordic Semiconductor ASA (NRSDY) is 19.57%, while ASE Technology Holding Co., Ltd. (ASX) has a volatility of 24.54%. This indicates that NRSDY experiences smaller price fluctuations and is considered to be less risky than ASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRSDY | ASX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.57% | 24.54% | -4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 39.56% | 37.59% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.22% | 47.57% | +3.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.03% | 40.50% | +23.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.83% | 38.78% | +25.05% |
Dividends
NRSDY vs. ASX - Dividend Comparison
NRSDY has not paid dividends to shareholders, while ASX's dividend yield for the trailing twelve months is around 0.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 0.82% | 2.23% | 3.19% | 6.07% | 7.64% | 3.86% | 2.34% | 2.88% | 14.19% | 2.51% | 3.63% | 4.00% |
NRSDY Nordic Semiconductor ASA | 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
NRSDY vs. ASX - Financials Comparison
This section allows you to compare key financial metrics between Nordic Semiconductor ASA and ASE Technology Holding Co., Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NRSDY vs. ASX - Profitability Comparison
NRSDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nordic Semiconductor ASA reported a gross profit of 100.29M and revenue of 192.44M. Therefore, the gross margin over that period was 52.1%.
ASX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a gross profit of 35.21B and revenue of 175.46B. Therefore, the gross margin over that period was 20.1%.
NRSDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nordic Semiconductor ASA reported an operating income of 10.44M and revenue of 192.44M, resulting in an operating margin of 5.4%.
ASX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported an operating income of 17.71B and revenue of 175.46B, resulting in an operating margin of 10.1%.
NRSDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nordic Semiconductor ASA reported a net income of 10.63M and revenue of 192.44M, resulting in a net margin of 5.5%.
ASX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a net income of 14.29B and revenue of 175.46B, resulting in a net margin of 8.2%.
Frequently Asked Questions
NRSDY and ASX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASX has higher volatility (24.54%) compared to NRSDY (19.57%). In terms of maximum drawdown, NRSDY dropped -79.75% vs ASX's -78.05%.
ASX currently has the higher Sharpe Ratio (7.35 vs 1.06), 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.
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