ASE Technology Holding Co (NYSE:ASX) has outperformed the market over the past 10 years by 11.01% on an annualized basis producing an average annual return of 24.49%. Currently, ASE Technology Holding Co has a market capitalization of $73.28 billion.

Buying $1000 In ASX: If an investor had bought $1000 of ASX stock 10 years ago, it would be worth $8,943.13 today based on a price of $33.40 for ASX at the time of writing.

ASE Technology Holding Co's Performance Over Last 10 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.