PATH vs. ASML
PATH (UiPath Inc.) and ASML (ASML Holding N.V.) are both stocks. Both are in the Technology sector — PATH in Software - Infrastructure, ASML in Semiconductor Equipment & Materials. Over the past 5 years, PATH returned -27.99%/yr vs 20.47%/yr for ASML. At a 0.37 correlation, their price movements are largely independent.
Performance
PATH vs. ASML - Performance Comparison
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Returns By Period
In the year-to-date period, PATH achieves a -25.81% return, which is significantly lower than ASML's 63.12% return.
PATH
- 1D
- 0.08%
- 1M
- 18.40%
- 6M
- -15.20%
- YTD
- -25.81%
- 1Y
- -3.42%
- 3Y*
- -11.38%
- 5Y*
- -27.99%
- 10Y*
- —
- ALL TIME*
- -27.46%
ASML
- 1D
- -0.49%
- 1M
- -9.88%
- 6M
- 28.45%
- YTD
- 63.12%
- 1Y
- 138.60%
- 3Y*
- 37.24%
- 5Y*
- 20.47%
- 10Y*
- 33.59%
- ALL TIME*
- 27.03%
PATH vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PATH UiPath Inc. | -25.81% | 28.95% | -48.83% | 95.44% | -70.53% | -34.15% |
ASML ASML Holding N.V. | 63.12% | 56.51% | -7.70% | 39.91% | -30.49% | 29.76% |
Correlation
The correlation between PATH and ASML is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021 | 0.37 |
The correlation between PATH and ASML shifts across timeframes, from -0.01 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PATH:
$6.47B
ASML:
$670.25B
PATH:
$0.61
ASML:
€27.54
PATH:
20.06
ASML:
55.22
PATH:
3.93
ASML:
16.63
PATH:
3.37
ASML:
26.82
PATH:
$1.67B
ASML:
€35.33B
PATH:
$1.39B
ASML:
€18.63B
PATH:
$115.98M
ASML:
€13.77B
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Return for Risk
PATH vs. ASML — Risk / Return Rank
PATH
ASML
PATH vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UiPath Inc. (PATH) and ASML Holding N.V. (ASML). 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.
| PATH | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.42 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 7.81 | -7.88 |
| Martin ratioReturn relative to average drawdown | -0.11 | 24.29 | -24.40 |
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Drawdowns
PATH vs. ASML - Drawdown Comparison
The maximum PATH drawdown since its inception was -88.98%, roughly equal to the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for PATH and ASML.
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Drawdown Indicators
| PATH | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.98% | -90.00% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -51.37% | -17.85% | -33.52% |
Max Drawdown (3Y)Largest decline over 3 years | -65.10% | -45.38% | -19.72% |
Max Drawdown (5Y)Largest decline over 5 years | -85.56% | -56.84% | -28.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.84% | — |
Current DrawdownCurrent decline from peak | -85.71% | -12.59% | -73.12% |
Average DrawdownAverage peak-to-trough decline | -73.97% | -28.06% | -45.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.18% | 5.75% | +25.43% |
Volatility
PATH vs. ASML - Volatility Comparison
The current volatility for UiPath Inc. (PATH) is 10.49%, while ASML Holding N.V. (ASML) has a volatility of 17.75%. This indicates that PATH experiences smaller price fluctuations and is considered to be less risky than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PATH | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.49% | 17.75% | -7.26% |
Volatility (6M)Calculated over the trailing 6-month period | 39.86% | 36.22% | +3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.17% | 45.08% | +19.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.49% | 43.09% | +20.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.81% | 39.00% | +24.81% |
Dividends
PATH vs. ASML - Dividend Comparison
PATH has not paid dividends to shareholders, while ASML's dividend yield for the trailing twelve months is around 0.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 0.51% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
PATH UiPath Inc. | 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
PATH vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between UiPath Inc. and ASML Holding N.V.. 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
PATH vs. ASML - Profitability Comparison
PATH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, UiPath Inc. reported a gross profit of 341.45M and revenue of 418.38M. Therefore, the gross margin over that period was 81.6%.
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported a gross profit of 5.04B and revenue of 9.33B. Therefore, the gross margin over that period was 54.0%.
PATH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, UiPath Inc. reported an operating income of 27.99M and revenue of 418.38M, resulting in an operating margin of 6.7%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported an operating income of 3.46B and revenue of 9.33B, resulting in an operating margin of 37.1%.
PATH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, UiPath Inc. reported a net income of 22.53M and revenue of 418.38M, resulting in a net margin of 5.4%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported a net income of 2.92B and revenue of 9.33B, resulting in a net margin of 31.3%.
Frequently Asked Questions
PATH and ASML have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASML has higher volatility (17.75%) compared to PATH (10.49%). In terms of maximum drawdown, PATH dropped -88.98% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.10 vs -0.05), 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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