ASML vs SPY

Comparison between ASML Holding NV (ASML, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceASML has outperformed SPY, delivering a return of +20.5% compared to +13.3%

ASML vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ASML(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$572B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	90.00%	56.47%
Sharpe Ratio	2.20	2.07
5Y Beta	1.67	1.00
Industry	Semiconductor Equipment & Materials	N/A
P/E Ratio	50.67	28.24
Forward P/E	39.37	21.85
PEG Ratio	1.08	N/A
Dividend Yield	0.55%	N/A
5Y Dividends CAGR	55.78%	5.43%
5Y EPS CAGR	22.95%	25.79%
Debt to Equity	22.39%	22.35%
Free Cash Flow Yield	2.28%	N/A
P/S Ratio	17.67	3.55
P/B Ratio	22.77	5.29

Market Cap / Net Assets

ASML

$572B

Winner

SPY

$652B

Expense Ratio

ASML

N/A

SPY

0.09%

Max Drawdown

ASML

90.00%

Winner

SPY

56.47%

Sharpe Ratio

Winner

ASML

2.20

SPY

2.07

5Y Beta

ASML

1.67

Winner

SPY

1.00

Industry

ASML

Semiconductor Equipment & Materials

SPY

N/A

P/E Ratio

ASML

50.67

Winner

SPY

28.24

Forward P/E

ASML

39.37

Winner

SPY

21.85

PEG Ratio

ASML

1.08

SPY

N/A

Dividend Yield

ASML

0.55%

SPY

N/A

5Y Dividends CAGR

Winner

ASML

55.78%

SPY

5.43%

5Y EPS CAGR

ASML

22.95%

Winner

SPY

25.79%

Debt to Equity

ASML

22.39%

Winner

SPY

22.35%

Free Cash Flow Yield

ASML

2.28%

SPY

N/A

P/S Ratio

ASML

17.67

Winner

SPY

3.55

P/B Ratio

ASML

22.77

Winner

SPY

5.29

ASML vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ASML	SPY
1 month	+12.28%	+9.11%
3 months	+11.77%	+6.59%
6 months	+57.10%	+10.56%
1 year	+126.63%	+32.04%
5 years(CAGR)	+20.51%	+13.35%
10 years(CAGR)	+34.12%	+15.49%
Max(CAGR)	+19.97%	+8.50%

Winner

ASML

+12.28%

SPY

+9.11%

Winner

ASML

+11.77%

SPY

+6.59%

Winner

ASML

+57.10%

SPY

+10.56%

Winner

ASML

+126.63%

SPY

+32.04%

5Y(CAGR)

Winner

ASML

+20.51%

SPY

+13.35%

10Y(CAGR)

Winner

ASML

+34.12%

SPY

+15.49%

Max(CAGR)

Winner

ASML

+19.97%

SPY

+8.50%

ASML vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ASML	SPY
2026	+37.28%	+8.27%
2025	+54.86%	+18.00%
2024	-2.55%	+25.59%
2023	+39.11%	+26.72%
2022	-30.61%	-18.64%
2021	+60.09%	+30.52%
2020	+62.26%	+17.28%
2019	+92.67%	+31.09%
2018	-11.77%	-5.24%
2017	+58.70%	+20.78%
2016	+29.92%	+13.59%
2015	-16.85%	+1.31%
2014	+17.77%	+14.56%
2013	+41.43%	+29.00%
2012	+128.50%	+14.17%
2011	+9.39%	+0.85%
2010	+11.33%	+13.14%
2009	+89.76%	+22.67%
2008	-38.92%	-36.25%
2007	+33.67%	+5.32%
2006	+20.44%	+13.85%
2005	+27.65%	+5.32%
2004	-22.46%	+10.75%
2003	+125.28%	+24.18%
2002	-53.01%	-22.42%
2001	-17.83%	-10.13%
2000	-41.86%	-8.84%
1999	+58.06%	+8.61%

ASML vs SPY Drawdown Comparison

The maximum drawdown for ASML was -90.00%, occurring on Oct 7, 2002. Recovery took 2999 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

Rank	ASML	SPY
#1	-90.00% Mar 3, 2000 - Feb 3, 2012	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-56.84% Sep 15, 2021 - Jan 25, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-45.38% Jul 10, 2024 - Dec 1, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-37.94% Feb 12, 2020 - May 20, 2020	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-34.32% Jul 23, 2018 - Jul 18, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-31.92% May 28, 2015 - Jan 10, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-20.16% Oct 4, 2013 - Sep 2, 2014	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-18.41% Mar 7, 2024 - Jun 6, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-17.85% Feb 25, 2026 - May 6, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-17.03% Jan 20, 2000 - Feb 8, 2000	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-16.74% Feb 16, 2021 - Mar 26, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-15.51% Feb 1, 2013 - May 10, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-15.14% Feb 8, 2000 - Mar 3, 2000	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-14.92% Jul 27, 2012 - Nov 28, 2012	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-14.84% Jan 3, 2000 - Jan 14, 2000	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ASML and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

ASML vs SPY dividend yield comparison.

Year	ASML	SPY
2026	0.32%	0.24%
2025	0.97%	1.07%
2024	0.97%	1.21%
2023	0.86%	1.40%
2022	1.27%	1.65%
2021	0.50%	1.20%
2020	0.50%	1.52%
2019	1.40%	1.75%
2018	0.94%	2.04%
2017	0.64%	1.80%
2016	0.92%	2.03%
2015	0.73%	2.06%
2014	0.67%	1.87%
2013	0.63%	1.81%
2012	43.15%	2.18%
2011	1.19%	2.05%
2010	0.59%	1.80%
2009	0.66%	1.95%
2008	4.35%	3.02%
2007	9.16%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%