UMC vs. ASX
UMC (United Microelectronics Corporation) and ASX (ASE Technology Holding Co., Ltd.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, UMC returned 31.85%/yr vs 24.86%/yr for ASX. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
UMC vs. ASX - Performance Comparison
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Returns By Period
In the year-to-date period, UMC achieves a 146.37% return, which is significantly higher than ASX's 120.65% return. Over the past 10 years, UMC has outperformed ASX with an annualized return of 31.85%, while ASX has yielded a comparatively lower 24.86% annualized return.
UMC
- 1D
- 0.48%
- 1M
- -21.09%
- 6M
- 90.23%
- YTD
- 146.37%
- 1Y
- 184.36%
- 3Y*
- 42.98%
- 5Y*
- 18.83%
- 10Y*
- 31.85%
- ALL TIME*
- 8.14%
ASX
- 1D
- 1.15%
- 1M
- -15.16%
- 6M
- 87.16%
- YTD
- 120.65%
- 1Y
- 254.88%
- 3Y*
- 67.93%
- 5Y*
- 38.76%
- 10Y*
- 24.86%
- ALL TIME*
- 17.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $339.62M | $398.08M | $413.95M | |
| $331.44M | $369.70M | $380.82M |
UMC vs. ASX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UMC United Microelectronics Corporation | 146.37% | 28.65% | -19.01% | 39.20% | -40.32% | 43.16% | 230.69% | 56.10% | -21.85% | 39.99% |
ASX ASE Technology Holding Co., Ltd. | 120.65% | 65.68% | 10.14% | 60.87% | -12.75% | 38.25% | 8.13% | 53.97% | -37.08% | 31.93% |
Correlation
The correlation between UMC and ASX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000 | 0.52 |
The correlation between UMC and ASX shifts across timeframes, from 0.52 (all time) to 0.67 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UMC:
$47.47B
ASX:
$77.33B
UMC:
NT$41.67
ASX:
NT$27.34
UMC:
14.79
ASX:
41.67
UMC:
4.93
ASX:
3.56
UMC:
0.70
ASX:
6.59
UMC:
NT$250.71B
ASX:
NT$714.69B
UMC:
NT$76.72B
ASX:
NT$139.30B
UMC:
NT$156.27B
ASX:
NT$156.92B
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Return for Risk
UMC vs. ASX — Risk / Return Rank
UMC
ASX
UMC vs. ASX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United Microelectronics Corporation (UMC) 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.
| UMC | ASX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.59 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | 9.10 | -4.23 |
| Martin ratioReturn relative to average drawdown | 14.42 | 36.52 | -22.11 |
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Drawdowns
UMC vs. ASX - Drawdown Comparison
The maximum UMC drawdown since its inception was -72.52%, smaller than the maximum ASX drawdown of -78.05%. Use the drawdown chart below to compare losses from any high point for UMC and ASX.
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Drawdown Indicators
| UMC | ASX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.52% | -78.05% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -37.84% | -30.33% | -7.51% |
Max Drawdown (3Y)Largest decline over 3 years | -37.84% | -40.64% | +2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -54.30% | -45.99% | -8.31% |
Max Drawdown (10Y)Largest decline over 10 years | -54.30% | -54.17% | -0.13% |
Current DrawdownCurrent decline from peak | -30.86% | -21.27% | -9.59% |
Average DrawdownAverage peak-to-trough decline | -42.39% | -22.50% | -19.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.76% | 7.54% | +5.22% |
Volatility
UMC vs. ASX - Volatility Comparison
United Microelectronics Corporation (UMC) and ASE Technology Holding Co., Ltd. (ASX) have volatilities of 24.73% and 24.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UMC | ASX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.73% | 24.87% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 50.05% | 46.97% | +3.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.25% | 55.06% | +5.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.41% | 42.24% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.08% | 39.70% | +1.38% |
Dividends
UMC vs. ASX - Dividend Comparison
UMC's dividend yield for the trailing twelve months is around 2.17%, more than ASX's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 1.19% | 2.23% | 3.19% | 6.07% | 7.64% | 3.86% | 2.34% | 2.88% | 14.19% | 2.51% | 3.63% | 4.00% |
UMC United Microelectronics Corporation | 2.17% | 6.06% | 7.14% | 6.93% | 7.92% | 2.44% | 1.62% | 3.51% | 6.59% | 2.41% | 3.61% | 3.15% |
Financials
UMC vs. ASX - Financials Comparison
This section allows you to compare key financial metrics between United Microelectronics Corporation 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
UMC vs. ASX - Profitability Comparison
UMC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, United Microelectronics Corporation reported a gross profit of 22.32B and revenue of 68.73B. Therefore, the gross margin over that period was 32.5%.
ASX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, ASE Technology Holding Co., Ltd. reported a gross profit of 40.15B and revenue of 191.06B. Therefore, the gross margin over that period was 21.0%.
UMC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, United Microelectronics Corporation reported an operating income of 14.88B and revenue of 68.73B, resulting in an operating margin of 21.7%.
ASX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, ASE Technology Holding Co., Ltd. reported an operating income of 21.13B and revenue of 191.06B, resulting in an operating margin of 11.1%.
UMC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, United Microelectronics Corporation reported a net income of 42.26B and revenue of 68.73B, resulting in a net margin of 61.5%.
ASX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, ASE Technology Holding Co., Ltd. reported a net income of 21.07B and revenue of 191.06B, resulting in a net margin of 11.0%.
Frequently Asked Questions
UMC and ASX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASX has higher volatility (24.87%) compared to UMC (24.73%). In terms of maximum drawdown, UMC dropped -72.52% vs ASX's -78.05%.
ASX currently has the higher Sharpe Ratio (5.07 vs 3.07), 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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