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ADBE vs. TSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ADBETSM
YTD Return-15.45%31.95%
1Y Return35.08%53.29%
3Y Return (Ann)2.45%7.47%
5Y Return (Ann)13.65%30.78%
10Y Return (Ann)22.80%24.73%
Sharpe Ratio1.041.66
Daily Std Dev33.73%32.25%
Max Drawdown-79.89%-84.63%
Current Drawdown-26.73%-8.02%

Fundamentals


ADBETSM
Market Cap$226.06B$728.98B
EPS$10.49$5.09
PE Ratio47.6227.61
PEG Ratio1.851.58
Revenue (TTM)$19.94B$2.16T
Gross Profit (TTM)$15.44B$1.35T
EBITDA (TTM)$7.59B$1.44T

Correlation

0.44
-1.001.00

The correlation between ADBE and TSM is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ADBE vs. TSM - Performance Comparison

In the year-to-date period, ADBE achieves a -15.45% return, which is significantly lower than TSM's 31.95% return. Over the past 10 years, ADBE has underperformed TSM with an annualized return of 22.80%, while TSM has yielded a comparatively higher 24.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%OctoberNovemberDecember2024FebruaryMarch
7,899.62%
4,348.68%
ADBE
TSM

Compare stocks, funds, or ETFs


Adobe Inc

Taiwan Semiconductor Manufacturing Company Limited

Risk-Adjusted Performance

ADBE vs. TSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ADBE
Adobe Inc
1.04
TSM
Taiwan Semiconductor Manufacturing Company Limited
1.66

ADBE vs. TSM - Sharpe Ratio Comparison

The current ADBE Sharpe Ratio is 1.04, which is lower than the TSM Sharpe Ratio of 1.66. The chart below compares the 12-month rolling Sharpe Ratio of ADBE and TSM.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.04
1.66
ADBE
TSM

Dividends

ADBE vs. TSM - Dividend Comparison

ADBE has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 1.43%.


TTM20232022202120202019201820172016201520142013
ADBE
Adobe Inc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TSM
Taiwan Semiconductor Manufacturing Company Limited
1.43%1.78%2.48%1.56%1.58%3.49%3.55%2.32%2.61%2.54%1.79%2.30%

Drawdowns

ADBE vs. TSM - Drawdown Comparison

The maximum ADBE drawdown since its inception was -79.89%, smaller than the maximum TSM drawdown of -84.63%. The drawdown chart below compares losses from any high point along the way for ADBE and TSM


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-26.73%
-8.02%
ADBE
TSM

Volatility

ADBE vs. TSM - Volatility Comparison

Adobe Inc (ADBE) has a higher volatility of 17.36% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.45%. This indicates that ADBE'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.


5.00%10.00%15.00%20.00%OctoberNovemberDecember2024FebruaryMarch
17.36%
12.45%
ADBE
TSM