SOUNW vs. ASML

Last updated Jun 4, 2026

SOUNW (SoundHound AI Inc.) and ASML (ASML Holding N.V.) are both stocks. Both are in the Technology sector — SOUNW in Software - Application, ASML in Semiconductor Equipment & Materials. Over the past 5 years, SOUNW returned 30.94%/yr vs 21.59%/yr for ASML. At a 0.15 correlation, their price movements are largely independent.

Performance

SOUNW vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoundHound AI Inc. (SOUNW) 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, SOUNW achieves a -30.31% return, which is significantly lower than ASML's 61.93% return.

SOUNW

• 1D: -11.01%
• 1M: -26.52%
• YTD: -30.31%
• 6M: -50.21%
• 1Y: -43.98%
• 3Y*: 78.69%
• 5Y*: 30.94%
• 10Y*: —

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)

SOUNW vs. ASML - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SOUNW SoundHound AI Inc.	-30.31%	-69.90%	3,356.94%	122.93%	-87.18%	28.57%
ASML ASML Holding N.V.	61.93%	56.51%	-7.70%	39.91%	-30.49%	19.40%

Correlation

The correlation between SOUNW and ASML is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Apr 27, 2021	0.15

The correlation between SOUNW and ASML shifts across timeframes, from 0.15 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SOUNW : $820.77M ASML : $665.86B
EPS SOUNW : -$0.43 ASML : $25.86
PS Ratio SOUNW : 5.17 ASML : 19.84
PB Ratio SOUNW : 1.78 ASML : 31.97
Total Revenue (TTM) SOUNW : $183.99M ASML : $33.69B
Gross Profit (TTM) SOUNW : $69.84M ASML : $17.72B
EBITDA (TTM) SOUNW : -$124.47M ASML : $12.99B

Return for Risk

SOUNW vs. ASML — Risk / Return Rank

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

SOUNW

SOUNW Risk / Return Rank: 27
SOUNW Sharpe Ratio Rank: 24
SOUNW Sortino Ratio Rank: 32
SOUNW Omega Ratio Rank: 31
SOUNW Calmar Ratio Rank: 22
SOUNW Martin Ratio Rank: 24

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.

SOUNW vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoundHound AI Inc. (SOUNW) 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.

	SOUNW	ASML	Difference
Sharpe ratio: Return per unit of total volatility	-0.37	3.29	-3.67
Sortino ratio: Return per unit of downside risk	0.11	3.71	-3.60
Omega ratio: Gain probability vs. loss probability	1.01	1.45	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.54	7.48	-8.02
Martin ratio: Return relative to average drawdown	-0.85	20.18	-21.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOUNW vs. ASML - Sharpe Ratio Comparison

The current SOUNW Sharpe Ratio is -0.37, which is lower than the ASML Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of SOUNW 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

	SOUNW	ASML	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.37	3.29	-3.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.52	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.56	-0.46

Drawdowns

SOUNW vs. ASML - Drawdown Comparison

The maximum SOUNW drawdown since its inception was -94.64%, which is greater than ASML's maximum drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for SOUNW and ASML.

Drawdown Indicators

	SOUNW	ASML	Difference
Max Drawdown Largest peak-to-trough decline	-94.64%	-90.00%	-4.64%
Max Drawdown (1Y) Largest decline over 1 year	-82.42%	-17.85%	-64.57%
Max Drawdown (3Y) Largest decline over 3 years	-89.36%	-45.38%	-43.98%
Max Drawdown (5Y) Largest decline over 5 years	-94.64%	-56.84%	-37.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-56.84%	—
Current Drawdown Current decline from peak	-85.67%	0.00%	-85.67%
Average Drawdown Average peak-to-trough decline	-60.68%	-28.15%	-32.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.03%	6.61%	+45.42%

Volatility

SOUNW vs. ASML - Volatility Comparison

SoundHound AI Inc. (SOUNW) has a higher volatility of 25.75% compared to ASML Holding N.V. (ASML) at 14.67%. This indicates that SOUNW's price experiences larger fluctuations and is considered to be riskier than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOUNW	ASML	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.75%	14.67%	+11.08%
Volatility (6M) Calculated over the trailing 6-month period	80.50%	32.21%	+48.29%
Volatility (1Y) Calculated over the trailing 1-year period	117.86%	40.58%	+77.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	224.99%	42.03%	+182.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	223.05%	38.50%	+184.55%

Dividends

SOUNW vs. ASML - Dividend Comparison

SOUNW 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%
SOUNW SoundHound AI 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

Frequently Asked Questions

Can I hold both SOUNW and ASML in my portfolio?

SOUNW and ASML have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOUNW or ASML?

SOUNW has higher volatility (25.75%) compared to ASML (14.67%). In terms of maximum drawdown, SOUNW dropped -94.64% vs ASML's -90.00%.

Which has better risk-adjusted returns?

ASML currently has the higher Sharpe Ratio (3.29 vs -0.37), 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.