CASY vs. TSM
CASY (Casey's General Stores, Inc.) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. CASY operates in Grocery Stores (Consumer Defensive), while TSM operates in Semiconductors (Technology). Over the past 10 years, CASY returned 23.37%/yr vs 35.80%/yr for TSM. At a 0.25 correlation, their price movements are largely independent.
Performance
CASY vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, CASY achieves a 62.22% return, which is significantly higher than TSM's 40.22% return. Over the past 10 years, CASY has underperformed TSM with an annualized return of 23.37%, while TSM has yielded a comparatively higher 35.80% annualized return.
CASY
- 1D
- -2.31%
- 1M
- 4.97%
- YTD
- 62.22%
- 6M
- 66.01%
- 1Y
- 77.53%
- 3Y*
- 60.28%
- 5Y*
- 34.73%
- 10Y*
- 23.37%
TSM
- 1D
- 0.68%
- 1M
- 5.09%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 103.01%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
CASY vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CASY Casey's General Stores, Inc. | 62.22% | 40.12% | 45.01% | 23.27% | 14.49% | 11.25% | 13.24% | 25.12% | 15.59% | -4.99% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.22% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
Correlation
The correlation between CASY and TSM is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 1997 | 0.25 |
Over the past year, the correlation between CASY and TSM has dropped to 0.05 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
CASY:
$33.29B
TSM:
$2.20T
CASY:
$19.17
TSM:
NT$373.98
CASY:
46.69
TSM:
35.89
CASY:
2.23
TSM:
1.03
CASY:
1.90
TSM:
16.87
CASY:
8.42
TSM:
11.82
CASY:
$17.56B
TSM:
NT$4.13T
CASY:
$4.32B
TSM:
NT$2.55T
CASY:
$1.58B
TSM:
NT$3.14T
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Return for Risk
CASY vs. TSM — Risk / Return Rank
CASY
TSM
CASY vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Casey's General Stores, Inc. (CASY) 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.
| CASY | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.40 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 5.48 | -0.65 |
| Martin ratioReturn relative to average drawdown | 19.15 | 19.42 | -0.27 |
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Drawdowns
CASY vs. TSM - Drawdown Comparison
The maximum CASY drawdown since its inception was -74.32%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for CASY and TSM.
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Drawdown Indicators
| CASY | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.32% | -89.08% | +14.76% |
Max Drawdown (1Y)Largest decline over 1 year | -16.07% | -18.14% | +2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -16.07% | -36.82% | +20.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.13% | -56.47% | +39.34% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -56.47% | +23.06% |
Current DrawdownCurrent decline from peak | -2.31% | -4.87% | +2.56% |
Average DrawdownAverage peak-to-trough decline | -15.15% | -42.85% | +27.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 5.11% | -1.06% |
Volatility
CASY vs. TSM - Volatility Comparison
Casey's General Stores, Inc. (CASY) has a higher volatility of 20.67% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 13.42%. This indicates that CASY'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
| CASY | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.67% | 13.42% | +7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 25.59% | 28.65% | -3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.95% | 36.69% | -5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.79% | 37.46% | -9.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.13% | 34.23% | -6.10% |
Dividends
CASY vs. TSM - Dividend Comparison
CASY's dividend yield for the trailing twelve months is around 0.25%, less than TSM's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASY Casey's General Stores, Inc. | 0.25% | 0.39% | 0.47% | 0.59% | 0.65% | 0.69% | 0.72% | 0.77% | 0.86% | 0.89% | 0.77% | 0.70% |
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
CASY vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Casey's General Stores, Inc. 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
CASY vs. TSM - Profitability Comparison
CASY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported a gross profit of 1.19B and revenue of 4.57B. Therefore, the gross margin over that period was 26.0%.
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 759.06B and revenue of 1.15T. Therefore, the gross margin over that period was 66.3%.
CASY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported an operating income of 3.13B and revenue of 4.57B, resulting in an operating margin of 68.5%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 664.08B and revenue of 1.15T, resulting in an operating margin of 58.0%.
CASY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported a net income of 162.68M and revenue of 4.57B, resulting in a net margin of 3.6%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 578.40B and revenue of 1.15T, resulting in a net margin of 50.5%.
Frequently Asked Questions
CASY and TSM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CASY has higher volatility (20.67%) compared to TSM (13.42%). In terms of maximum drawdown, CASY dropped -74.32% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (2.71 vs 2.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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