AVGI.L vs. TSM

Last updated Apr 1, 2026

Compare and contrast key facts about IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) and Taiwan Semiconductor Manufacturing Company Limited (TSM).

AVGI.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025.

Performance

AVGI.L vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

AVGI.L vs. TSM - Yearly Performance Comparison

	2026 (YTD)	2025
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	-22.29%	6.46%
TSM Taiwan Semiconductor Manufacturing Company Limited	11.52%	34.94%

Returns By Period

In the year-to-date period, AVGI.L achieves a -22.29% return, which is significantly lower than TSM's 11.52% return.

AVGI.L

• 1D: 2.16%
• 1M: -4.26%
• YTD: -22.29%
• 6M: -28.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSM

• 1D: 6.78%
• 1M: -9.52%
• YTD: 11.52%
• 6M: 21.66%
• 1Y: 106.05%
• 3Y*: 56.00%
• 5Y*: 24.08%
• 10Y*: 32.45%

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

Return for Risk

AVGI.L vs. TSM — Risk / Return Rank

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

TSM

TSM Risk / Return Rank: 95
TSM Sharpe Ratio Rank: 96
TSM Sortino Ratio Rank: 94
TSM Omega Ratio Rank: 92
TSM Calmar Ratio Rank: 96
TSM Martin Ratio Rank: 97

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.

AVGI.L vs. TSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Broadcom (AVGO) Options ETP (AVGI.L) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVGI.L	TSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.56	0.35	-0.91

Correlation

The correlation between AVGI.L and TSM is 0.40, 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.

Dividends

AVGI.L vs. TSM - Dividend Comparison

AVGI.L's dividend yield for the trailing twelve months is around 0.38%, less than TSM's 0.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	0.38%	0.09%	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	0.98%	1.00%	1.18%	1.78%	2.49%	1.57%	1.56%	3.46%	3.64%	2.32%	2.61%	2.54%

Drawdowns

AVGI.L vs. TSM - Drawdown Comparison

The maximum AVGI.L drawdown since its inception was -39.10%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for AVGI.L and TSM.

Drawdown Indicators

	AVGI.L	TSM	Difference
Max Drawdown Largest peak-to-trough decline	-39.10%	-89.08%	+49.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.47%	—
Current Drawdown Current decline from peak	-37.72%	-12.59%	-25.13%
Average Drawdown Average peak-to-trough decline	-14.44%	-43.13%	+28.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.34%	—

Volatility

Volatility by Period

	AVGI.L	TSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.33%	38.60%	+0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.33%	36.99%	+2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.33%	33.85%	+5.48%