RDWR vs. ASML

Last updated Jun 4, 2026

RDWR (Radware Ltd.) and ASML (ASML Holding N.V.) are both stocks. Both are in the Technology sector — RDWR in Software - Infrastructure, ASML in Semiconductor Equipment & Materials. Over the past 10 years, RDWR returned 9.28%/yr vs 34.11%/yr for ASML. At a 0.33 correlation, their price movements are largely independent.

Performance

RDWR vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Radware Ltd. (RDWR) and ASML Holding N.V. (ASML). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDWR achieves a 23.58% return, which is significantly lower than ASML's 61.93% return. Over the past 10 years, RDWR has underperformed ASML with an annualized return of 9.28%, while ASML has yielded a comparatively higher 34.11% annualized return.

RDWR

• 1D: -5.64%
• 1M: 9.33%
• YTD: 23.58%
• 6M: 26.63%
• 1Y: 23.73%
• 3Y*: 14.85%
• 5Y*: 0.53%
• 10Y*: 9.28%

ASML

• 1D: 1.23%
• 1M: 24.54%
• YTD: 61.93%
• 6M: 51.85%
• 1Y: 132.84%
• 3Y*: 34.91%
• 5Y*: 21.59%
• 10Y*: 34.11%

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

RDWR vs. ASML - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDWR Radware Ltd.	23.58%	6.92%	35.07%	-15.54%	-52.57%	50.05%	7.64%	13.52%	17.06%	33.06%
ASML ASML Holding N.V.	61.93%	56.51%	-7.70%	39.91%	-30.49%	64.13%	66.06%	93.56%	-9.80%	56.23%

Correlation

The correlation between RDWR and ASML is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Oct 1, 1999	0.33

Over the past year, the correlation between RDWR and ASML has dropped to 0.09 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Fundamentals

Market Cap RDWR : $1.32B ASML : $665.86B
EPS RDWR : $0.43 ASML : $25.86
PE Ratio RDWR : 68.50 ASML : 66.77
PEG Ratio RDWR : 1.92 ASML : 4.39
PS Ratio RDWR : 4.31 ASML : 19.84
PB Ratio RDWR : 4.05 ASML : 31.97
Total Revenue (TTM) RDWR : $309.58M ASML : $33.69B
Gross Profit (TTM) RDWR : $250.12M ASML : $17.72B
EBITDA (TTM) RDWR : $27.98M ASML : $12.99B

Return for Risk

RDWR vs. ASML — Risk / Return Rank

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

RDWR

RDWR Risk / Return Rank: 57
RDWR Sharpe Ratio Rank: 63
RDWR Sortino Ratio Rank: 56
RDWR Omega Ratio Rank: 55
RDWR Calmar Ratio Rank: 58
RDWR Martin Ratio Rank: 55

ASML

ASML Risk / Return Rank: 94
ASML Sharpe Ratio Rank: 95
ASML Sortino Ratio Rank: 93
ASML Omega Ratio Rank: 91
ASML Calmar Ratio Rank: 95
ASML Martin Ratio Rank: 95

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.

RDWR vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Radware Ltd. (RDWR) 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.

	RDWR	ASML	Difference
Sharpe ratio: Return per unit of total volatility	0.66	3.29	-2.63
Sortino ratio: Return per unit of downside risk	1.08	3.71	-2.63
Omega ratio: Gain probability vs. loss probability	1.14	1.45	-0.32
Calmar ratio: Return relative to maximum drawdown	0.81	7.48	-6.67
Martin ratio: Return relative to average drawdown	1.39	20.18	-18.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDWR vs. ASML - Sharpe Ratio Comparison

The current RDWR Sharpe Ratio is 0.66, which is lower than the ASML Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of RDWR and ASML, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RDWR	ASML	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	3.29	-2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.52	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.89	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.56	-0.49

Drawdowns

RDWR vs. ASML - Drawdown Comparison

The maximum RDWR drawdown since its inception was -93.76%, roughly equal to the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for RDWR and ASML.

Drawdown Indicators

	RDWR	ASML	Difference
Max Drawdown Largest peak-to-trough decline	-93.76%	-90.00%	-3.76%
Max Drawdown (1Y) Largest decline over 1 year	-29.42%	-17.85%	-11.57%
Max Drawdown (3Y) Largest decline over 3 years	-29.42%	-45.38%	+15.96%
Max Drawdown (5Y) Largest decline over 5 years	-65.55%	-56.84%	-8.71%
Max Drawdown (10Y) Largest decline over 10 years	-65.55%	-56.84%	-8.71%
Current Drawdown Current decline from peak	-28.68%	0.00%	-28.68%
Average Drawdown Average peak-to-trough decline	-61.07%	-28.15%	-32.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.06%	6.61%	+10.45%

Volatility

RDWR vs. ASML - Volatility Comparison

The current volatility for Radware Ltd. (RDWR) is 12.10%, while ASML Holding N.V. (ASML) has a volatility of 14.67%. This indicates that RDWR 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.

Volatility by Period

	RDWR	ASML	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.10%	14.67%	-2.57%
Volatility (6M) Calculated over the trailing 6-month period	28.31%	32.21%	-3.90%
Volatility (1Y) Calculated over the trailing 1-year period	36.03%	40.58%	-4.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.91%	42.03%	-5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.55%	38.50%	-6.95%

Dividends

RDWR vs. ASML - Dividend Comparison

RDWR 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%
RDWR Radware Ltd.	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

RDWR vs. ASML - Profitability Comparison

The chart below illustrates the profitability comparison between Radware Ltd. and ASML Holding N.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RDWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Radware Ltd. reported a gross profit of 64.70M and revenue of 79.81M. Therefore, the gross margin over that period was 81.1%.

ASML - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a gross profit of 4.65B and revenue of 8.77B. Therefore, the gross margin over that period was 53.0%.

RDWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Radware Ltd. reported an operating income of 4.81M and revenue of 79.81M, resulting in an operating margin of 6.0%.

ASML - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported an operating income of 3.16B and revenue of 8.77B, resulting in an operating margin of 36.0%.

RDWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Radware Ltd. reported a net income of 3.54M and revenue of 79.81M, resulting in a net margin of 4.4%.

ASML - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a net income of 2.76B and revenue of 8.77B, resulting in a net margin of 31.4%.

Frequently Asked Questions

Can I hold both RDWR and ASML in my portfolio?

RDWR and ASML have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDWR or ASML?

ASML has higher volatility (14.67%) compared to RDWR (12.10%). In terms of maximum drawdown, RDWR dropped -93.76% vs ASML's -90.00%.

Which has better risk-adjusted returns?

ASML currently has the higher Sharpe Ratio (3.29 vs 0.66), 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.