CFG vs. TSM
CFG (Citizens Financial Group, Inc.) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. CFG operates in Banks - Regional (Financial Services), while TSM operates in Semiconductors (Technology). Over the past 10 years, CFG returned 16.52%/yr vs 35.80%/yr for TSM. At a 0.32 correlation, their price movements are largely independent.
Performance
CFG vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, CFG achieves a 17.47% return, which is significantly lower than TSM's 40.22% return. Over the past 10 years, CFG has underperformed TSM with an annualized return of 16.52%, while TSM has yielded a comparatively higher 35.80% annualized return.
CFG
- 1D
- 1.71%
- 1M
- 11.16%
- YTD
- 17.47%
- 6M
- 17.51%
- 1Y
- 73.17%
- 3Y*
- 39.70%
- 5Y*
- 11.72%
- 10Y*
- 16.52%
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%
CFG vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFG Citizens Financial Group, Inc. | 17.47% | 38.60% | 38.01% | -11.01% | -13.37% | 37.02% | -6.73% | 41.84% | -27.44% | 19.91% |
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 CFG and TSM is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2014 | 0.32 |
Fundamentals
CFG:
$29.08B
TSM:
$2.20T
CFG:
$4.55
TSM:
NT$373.98
CFG:
14.88
TSM:
35.89
CFG:
2.61
TSM:
16.87
CFG:
1.21
TSM:
11.82
CFG:
$11.28B
TSM:
NT$4.13T
CFG:
$8.02B
TSM:
NT$2.55T
CFG:
$2.75B
TSM:
NT$3.14T
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Return for Risk
CFG vs. TSM — Risk / Return Rank
CFG
TSM
CFG vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Citizens Financial Group, Inc. (CFG) 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.
| CFG | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.40 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 5.48 | -1.66 |
| Martin ratioReturn relative to average drawdown | 11.76 | 19.42 | -7.66 |
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Drawdowns
CFG vs. TSM - Drawdown Comparison
The maximum CFG drawdown since its inception was -65.60%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for CFG and TSM.
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Drawdown Indicators
| CFG | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.60% | -89.08% | +23.48% |
Max Drawdown (1Y)Largest decline over 1 year | -18.32% | -18.14% | -0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -29.08% | -36.82% | +7.74% |
Max Drawdown (5Y)Largest decline over 5 years | -56.19% | -56.47% | +0.28% |
Max Drawdown (10Y)Largest decline over 10 years | -65.60% | -56.47% | -9.13% |
Current DrawdownCurrent decline from peak | 0.00% | -4.87% | +4.87% |
Average DrawdownAverage peak-to-trough decline | -17.91% | -42.85% | +24.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.94% | 5.11% | +0.83% |
Volatility
CFG vs. TSM - Volatility Comparison
The current volatility for Citizens Financial Group, Inc. (CFG) is 7.05%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 13.42%. This indicates that CFG experiences smaller price fluctuations and is considered to be less risky 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
| CFG | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.05% | 13.42% | -6.37% |
Volatility (6M)Calculated over the trailing 6-month period | 19.05% | 28.65% | -9.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.27% | 36.69% | -10.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.04% | 37.46% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.20% | 34.23% | +3.97% |
Dividends
CFG vs. TSM - Dividend Comparison
CFG's dividend yield for the trailing twelve months is around 2.66%, more than TSM's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFG Citizens Financial Group, Inc. | 2.66% | 2.94% | 3.84% | 5.07% | 4.11% | 3.30% | 4.36% | 3.35% | 3.30% | 1.52% | 1.29% | 1.53% |
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
CFG vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Citizens Financial Group, 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
CFG vs. TSM - Profitability Comparison
CFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported a gross profit of 2.03B and revenue of 3.03B. Therefore, the gross margin over that period was 67.0%.
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%.
CFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported an operating income of 650.00M and revenue of 3.03B, resulting in an operating margin of 21.5%.
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%.
CFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Citizens Financial Group, Inc. reported a net income of 517.00M and revenue of 3.03B, resulting in a net margin of 17.1%.
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
CFG and TSM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (13.42%) compared to CFG (7.05%). In terms of maximum drawdown, CFG dropped -65.60% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (2.71 vs 2.67), 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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