298040.KS vs. TSM
298040.KS (Hyosung Heavy Industries Corp) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. 298040.KS operates in Specialty Industrial Machinery (Industrials), while TSM operates in Semiconductors (Technology). Over the past 5 years, 298040.KS returned 113.95%/yr vs 39.65%/yr for TSM. At a 0.07 correlation, their price movements are largely independent.
Performance
298040.KS vs. TSM - Performance Comparison
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Different Trading Currencies
298040.KS is traded in KRW, while TSM is traded in USD. To make them comparable, the TSM values have been converted to KRW using the latest available exchange rates.
Returns By Period
In the year-to-date period, 298040.KS achieves a 89.56% return, which is significantly higher than TSM's 47.75% return.
298040.KS
- 1D
- 4.00%
- 1M
- -19.56%
- YTD
- 89.56%
- 6M
- 72.81%
- 1Y
- 400.81%
- 3Y*
- 234.73%
- 5Y*
- 113.95%
- 10Y*
- —
TSM
- 1D
- 0.80%
- 1M
- 8.32%
- YTD
- 47.75%
- 6M
- 50.19%
- 1Y
- 122.07%
- 3Y*
- 70.80%
- 5Y*
- 39.65%
- 10Y*
- 39.30%
298040.KS vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
298040.KS Hyosung Heavy Industries Corp | 89.56% | 355.12% | 145.90% | 110.79% | 33.79% | -6.27% | 133.40% | -35.55% | -30.85% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 47.75% | 52.32% | 119.57% | 46.39% | -33.17% | 22.81% | 81.36% | 71.11% | -2.10% |
Correlation
The correlation between 298040.KS and TSM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2018 | 0.07 |
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Return for Risk
298040.KS vs. TSM — Risk / Return Rank
298040.KS
TSM
298040.KS vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hyosung Heavy Industries Corp (298040.KS) and Taiwan Semiconductor Manufacturing Company Limited (TSM). 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.
| 298040.KS | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.93 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.51 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 14.02 | 9.14 | +4.87 |
| Martin ratioReturn relative to average drawdown | 38.72 | 30.60 | +8.12 |
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Drawdowns
298040.KS vs. TSM - Drawdown Comparison
The maximum 298040.KS drawdown since its inception was -86.22%, which is greater than TSM's maximum drawdown of -47.98%. Use the drawdown chart below to compare losses from any high point for 298040.KS and TSM.
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Drawdown Indicators
| 298040.KS | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.22% | -47.98% | -38.24% |
Max Drawdown (1Y)Largest decline over 1 year | -30.54% | -13.43% | -17.11% |
Max Drawdown (3Y)Largest decline over 3 years | -44.72% | -34.65% | -10.07% |
Max Drawdown (5Y)Largest decline over 5 years | -45.16% | -47.98% | +2.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.98% | — |
Current DrawdownCurrent decline from peak | -26.62% | -5.42% | -21.20% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -9.88% | -13.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.88% | 4.01% | +6.87% |
Volatility
298040.KS vs. TSM - Volatility Comparison
Hyosung Heavy Industries Corp (298040.KS) has a higher volatility of 21.01% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.05%. This indicates that 298040.KS's price experiences larger fluctuations and is considered to be riskier than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 298040.KS | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.01% | 12.05% | +8.96% |
Volatility (6M)Calculated over the trailing 6-month period | 50.31% | 25.90% | +24.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.53% | 34.07% | +31.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.68% | 35.48% | +25.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.87% | 32.04% | +27.83% |
Dividends
298040.KS vs. TSM - Dividend Comparison
298040.KS's dividend yield for the trailing twelve months is around 0.22%, less than TSM's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
298040.KS Hyosung Heavy Industries Corp | 0.22% | 0.42% | 1.27% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.83% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
298040.KS vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Hyosung Heavy Industries Corp and Taiwan Semiconductor Manufacturing Company Limited. 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
Frequently Asked Questions
298040.KS and TSM have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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