CHOLAFIN.NS vs. TSM
CHOLAFIN.NS (Cholamandalam Investment and Finance Company Limited) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. CHOLAFIN.NS operates in Credit Services (Financial Services), while TSM operates in Semiconductors (Technology). Over the past 10 years, CHOLAFIN.NS returned 28.91%/yr vs 40.53%/yr for TSM. At a 0.05 correlation, their price movements are largely independent.
Performance
CHOLAFIN.NS vs. TSM - Performance Comparison
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Different Trading Currencies
CHOLAFIN.NS is traded in INR, while TSM is traded in USD. To make them comparable, the TSM values have been converted to INR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CHOLAFIN.NS achieves a -7.81% return, which is significantly lower than TSM's 48.44% return. Over the past 10 years, CHOLAFIN.NS has underperformed TSM with an annualized return of 28.91%, while TSM has yielded a comparatively higher 40.53% annualized return.
CHOLAFIN.NS
- 1D
- 7.78%
- 1M
- -0.41%
- YTD
- -7.81%
- 6M
- -9.58%
- 1Y
- -0.74%
- 3Y*
- 12.65%
- 5Y*
- 23.02%
- 10Y*
- 28.91%
TSM
- 1D
- -0.00%
- 1M
- 5.70%
- YTD
- 48.44%
- 6M
- 53.25%
- 1Y
- 121.19%
- 3Y*
- 68.77%
- 5Y*
- 38.32%
- 10Y*
- 40.53%
CHOLAFIN.NS vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited | -7.81% | 43.73% | -5.71% | 74.66% | 39.32% | 34.82% | 27.18% | 34.69% | 9.55% | 56.84% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 48.44% | 63.37% | 98.42% | 43.31% | -29.95% | 14.33% | 97.51% | 69.03% | 5.23% | 32.67% |
Correlation
The correlation between CHOLAFIN.NS and TSM is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.05 |
The correlation between CHOLAFIN.NS and TSM shifts across timeframes, from 0.05 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CHOLAFIN.NS vs. TSM — Risk / Return Rank
CHOLAFIN.NS
TSM
CHOLAFIN.NS vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) 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.
| CHOLAFIN.NS | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.48 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 8.12 | -8.15 |
| Martin ratioReturn relative to average drawdown | -0.08 | 27.17 | -27.25 |
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Drawdowns
CHOLAFIN.NS vs. TSM - Drawdown Comparison
The maximum CHOLAFIN.NS drawdown since its inception was -80.59%, which is greater than TSM's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for CHOLAFIN.NS and TSM.
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Drawdown Indicators
| CHOLAFIN.NS | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.59% | -51.46% | -29.13% |
Max Drawdown (1Y)Largest decline over 1 year | -24.91% | -15.01% | -9.90% |
Max Drawdown (3Y)Largest decline over 3 years | -28.67% | -36.82% | +8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -28.67% | -51.46% | +22.79% |
Max Drawdown (10Y)Largest decline over 10 years | -64.28% | -51.46% | -12.82% |
Current DrawdownCurrent decline from peak | -13.08% | -5.17% | -7.91% |
Average DrawdownAverage peak-to-trough decline | -14.44% | -9.98% | -4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.67% | 4.48% | +5.19% |
Volatility
CHOLAFIN.NS vs. TSM - Volatility Comparison
The current volatility for Cholamandalam Investment and Finance Company Limited (CHOLAFIN.NS) is 11.30%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 14.30%. This indicates that CHOLAFIN.NS 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
| CHOLAFIN.NS | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.30% | 14.30% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 26.38% | 28.44% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.33% | 36.28% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.98% | 36.77% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.96% | 33.38% | +7.58% |
Dividends
CHOLAFIN.NS vs. TSM - Dividend Comparison
CHOLAFIN.NS's dividend yield for the trailing twelve months is around 0.13%, less than TSM's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHOLAFIN.NS Cholamandalam Investment and Finance Company Limited | 0.13% | 0.12% | 0.17% | 0.16% | 0.28% | 0.38% | 0.18% | 8.35% | 12.90% | 10.58% | 11.88% | 13.63% |
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
CHOLAFIN.NS vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Cholamandalam Investment and Finance Company Limited 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
CHOLAFIN.NS and TSM have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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