VOX vs. ASMH

Last updated Jun 4, 2026

VOX (Vanguard Communication Services ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - VOX tracks the MSCI US Investable Market Telecommunication Services 25/50 Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, VOX returned 20.55% vs 130.11% for ASMH. At a 0.34 correlation, their price movements are largely independent. VOX charges 0.10%/yr vs 0.19%/yr for ASMH.

Performance

VOX vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Communication Services ETF (VOX) 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, VOX achieves a -1.38% return, which is significantly lower than ASMH's 63.99% return.

VOX

• 1D: -0.84%
• 1M: -2.77%
• YTD: -1.38%
• 6M: 0.47%
• 1Y: 20.55%
• 3Y*: 24.02%
• 5Y*: 7.58%
• 10Y*: 9.30%

ASMH

• 1D: 1.53%
• 1M: 25.24%
• YTD: 63.99%
• 6M: 53.18%
• 1Y: 130.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VOX vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
VOX Vanguard Communication Services ETF	-1.38%	37.57%
ASMH ASML Holding NV ADR Hedged ETF	63.99%	58.84%

Correlation

The correlation between VOX and ASMH is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025	0.34

Return for Risk

VOX vs. ASMH — Risk / Return Rank

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

VOX

VOX Risk / Return Rank: 35
VOX Sharpe Ratio Rank: 36
VOX Sortino Ratio Rank: 38
VOX Omega Ratio Rank: 35
VOX Calmar Ratio Rank: 30
VOX Martin Ratio Rank: 37

ASMH

ASMH Risk / Return Rank: 88
ASMH Sharpe Ratio Rank: 92
ASMH Sortino Ratio Rank: 85
ASMH Omega Ratio Rank: 79
ASMH Calmar Ratio Rank: 95
ASMH Martin Ratio Rank: 90

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.

VOX vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Communication Services ETF (VOX) 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.

	VOX	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	1.34	3.36	-2.02
Sortino ratio: Return per unit of downside risk	2.00	3.81	-1.81
Omega ratio: Gain probability vs. loss probability	1.24	1.47	-0.23
Calmar ratio: Return relative to maximum drawdown	1.52	8.24	-6.71
Martin ratio: Return relative to average drawdown	5.83	21.26	-15.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VOX vs. ASMH - Sharpe Ratio Comparison

The current VOX Sharpe Ratio is 1.34, which is lower than the ASMH Sharpe Ratio of 3.36. The chart below compares the historical Sharpe Ratios of VOX 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.

Sharpe Ratios by Period

	VOX	ASMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	3.36	-2.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	3.59	-3.16

Drawdowns

VOX vs. ASMH - Drawdown Comparison

The maximum VOX drawdown since its inception was -57.18%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for VOX and ASMH.

Drawdown Indicators

	VOX	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-57.18%	-15.89%	-41.29%
Max Drawdown (1Y) Largest decline over 1 year	-13.56%	-15.89%	+2.33%
Max Drawdown (3Y) Largest decline over 3 years	-21.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.76%	—	—
Current Drawdown Current decline from peak	-4.70%	0.00%	-4.70%
Average Drawdown Average peak-to-trough decline	-11.91%	-4.33%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	6.14%	-2.60%

Volatility

VOX vs. ASMH - Volatility Comparison

The current volatility for Vanguard Communication Services ETF (VOX) is 4.24%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 13.84%. This indicates that VOX experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOX	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	13.84%	-9.60%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	30.43%	-19.27%
Volatility (1Y) Calculated over the trailing 1-year period	15.45%	38.94%	-23.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.15%	38.32%	-17.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.89%	38.32%	-17.43%

VOX vs. ASMH - Expense Ratio Comparison

VOX has a 0.10% expense ratio, which is lower than ASMH's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VOX vs. ASMH - Dividend Comparison

VOX's dividend yield for the trailing twelve months is around 1.00%, more than ASMH's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMH ASML Holding NV ADR Hedged ETF	0.99%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOX Vanguard Communication Services ETF	1.00%	0.95%	1.05%	1.03%	0.88%	0.93%	0.73%	0.90%	2.77%	3.83%	2.67%	3.55%

Frequently Asked Questions

Can I hold both VOX and ASMH in my portfolio?

VOX and ASMH have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOX or ASMH?

ASMH has higher volatility (13.84%) compared to VOX (4.24%). In terms of maximum drawdown, VOX dropped -57.18% vs ASMH's -15.89%.

Which ETF is better, VOX or ASMH?

On 1-year performance, ASMH leads with 130.11% vs 20.55% for VOX. On fees, VOX is cheaper at 0.10% per year. On volatility, VOX has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VOX or ASMH?

Over the 1-year period, ASMH has performed better with a 130.11% return vs 20.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VOX or ASMH?

VOX is cheaper with a 0.10% expense ratio, compared with 0.19% for ASMH.

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

VOX and ASMH have nearly identical dividend yields, around 1.00%.

What is the main difference between VOX and ASMH?

VOX tracks MSCI US Investable Market Telecommunication Services 25/50 Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: Vanguard and Precidian Funds. Their fees differ too: 0.10% for VOX and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.36 vs 1.34), 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.