STHH vs. ASMH

Last updated Jul 17, 2026

STHH (STMicroelectronics NV ADRhedged) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - STHH tracks the STMicroelectronics NV Local Shares Total Return while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, STHH returned 104.16% vs 143.52% for ASMH. A 0.59 correlation means they provide meaningful diversification when combined. Both charge a 0.19% expense ratio.

Performance

STHH vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics NV ADRhedged (STHH) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STHH achieves a 148.48% return, which is significantly higher than ASMH's 71.44% return.

STHH

• 1D: -7.18%
• 1M: -14.31%
• 6M: 127.36%
• YTD: 148.48%
• 1Y: 104.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STHH vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	148.48%	17.60%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between STHH and ASMH is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.59

The correlation between STHH and ASMH has been stable across timeframes, ranging from 0.59 to 0.59 - a consistent structural relationship.

Return for Risk

STHH vs. ASMH — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 68
STHH Sharpe Ratio Rank: 76
STHH Sortino Ratio Rank: 67
STHH Omega Ratio Rank: 72
STHH Calmar Ratio Rank: 76
STHH Martin Ratio Rank: 51

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

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.

STHH vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	STHH	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	1.92	3.37	-1.44
Sortino ratio: Return per unit of downside risk	2.46	3.73	-1.26
Omega ratio: Gain probability vs. loss probability	1.34	1.45	-0.12
Calmar ratio: Return relative to maximum drawdown	3.09	9.79	-6.70
Martin ratio: Return relative to average drawdown	6.87	28.17	-21.30

STHH vs. ASMH - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 1.92, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of STHH and ASMH, 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

STHH vs. ASMH - Drawdown Comparison

The maximum STHH drawdown since its inception was -33.89%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for STHH and ASMH.

Drawdown Indicators

	STHH	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-15.89%	-18.00%
Max Drawdown (1Y) Largest decline over 1 year	-33.89%	-14.75%	-19.14%
Current Drawdown Current decline from peak	-20.65%	-10.51%	-10.14%
Average Drawdown Average peak-to-trough decline	-10.22%	-4.41%	-5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.21%	5.17%	+10.04%

Volatility

STHH vs. ASMH - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 20.20% compared to ASML Holding NV ADR Hedged ETF (ASMH) at 18.11%. This indicates that STHH's price experiences larger fluctuations and is considered to be riskier than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STHH	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.20%	18.11%	+2.09%
Volatility (6M) Calculated over the trailing 6-month period	43.42%	34.14%	+9.28%
Volatility (1Y) Calculated over the trailing 1-year period	54.44%	43.78%	+10.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.31%	41.26%	+11.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.31%	41.26%	+11.05%

STHH vs. ASMH - Expense Ratio Comparison

Both STHH and ASMH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

STHH vs. ASMH - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.81%, less than ASMH's 1.63% yield.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%
STHH STMicroelectronics NV ADRhedged	0.81%	0.69%

Frequently Asked Questions

Can I hold both STHH and ASMH in my portfolio?

STHH and ASMH have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or ASMH?

STHH has higher volatility (20.20%) compared to ASMH (18.11%). In terms of maximum drawdown, STHH dropped -33.89% vs ASMH's -15.89%.

Which ETF is better, STHH or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 104.16% for STHH. Both ETFs have the same 0.19% expense ratio. On volatility, ASMH has been the lower-risk option at 18.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STHH or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 104.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or ASMH?

STHH and ASMH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, STHH or ASMH?

ASMH has the higher dividend yield at 1.63%, compared with 0.81% for STHH.

What is the main difference between STHH and ASMH?

STHH tracks STMicroelectronics NV Local Shares Total Return, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: ADRhedged and Precidian Funds.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 1.92), 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.