CMGMY vs. TSM
CMGMY (Chemring Group PLC ADR) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. CMGMY operates in Aerospace & Defense (Industrials), while TSM operates in Semiconductors (Technology). Over the past 5 years, CMGMY returned 13.09%/yr vs 30.32%/yr for TSM. Their 0.02 correlation means their historical movements had little consistent relationship.
Performance
CMGMY vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, CMGMY achieves a 21.21% return, which is significantly lower than TSM's 33.71% return.
CMGMY
- 1D
- -9.60%
- 1M
- 0.53%
- 6M
- 17.75%
- YTD
- 21.21%
- 1Y
- 11.54%
- 3Y*
- 31.67%
- 5Y*
- 13.09%
- 10Y*
- —
- ALL TIME*
- 21.44%
TSM
- 1D
- 0.23%
- 1M
- -6.89%
- 6M
- 22.92%
- YTD
- 33.71%
- 1Y
- 73.74%
- 3Y*
- 62.43%
- 5Y*
- 30.32%
- 10Y*
- 33.46%
- ALL TIME*
- 16.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.54K | $16.41K | $12.44K | |
| $6.03B | $6.30B | $6.05B |
CMGMY vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CMGMY Chemring Group PLC ADR | 21.21% | 50.03% | -0.13% | 24.67% | -18.70% | 38.84% | 26.04% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.71% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 62.31% |
Correlation
The correlation between CMGMY and TSM is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2020 | 0.02 |
Fundamentals
CMGMY:
$2.04B
TSM:
$2.10T
CMGMY:
£0.28
TSM:
NT$432.27
CMGMY:
20.00
TSM:
30.30
CMGMY:
0.12
TSM:
0.84
CMGMY:
1.52
TSM:
15.26
CMGMY:
4.20
TSM:
10.56
CMGMY:
£1.02B
TSM:
NT$4.45T
CMGMY:
£1.00B
TSM:
NT$2.86T
CMGMY:
£171.37M
TSM:
NT$3.20T
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Return for Risk
CMGMY vs. TSM — Risk / Return Rank
CMGMY
TSM
CMGMY vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chemring Group PLC ADR (CMGMY) 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.
| CMGMY | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.28 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 3.23 | -3.01 |
| Martin ratioReturn relative to average drawdown | 0.37 | 10.80 | -10.43 |
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Drawdowns
CMGMY vs. TSM - Drawdown Comparison
The maximum CMGMY drawdown since its inception was -44.88%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for CMGMY and TSM.
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Drawdown Indicators
| CMGMY | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.88% | -89.08% | +44.20% |
Max Drawdown (1Y)Largest decline over 1 year | -27.15% | -21.55% | -5.60% |
Max Drawdown (3Y)Largest decline over 3 years | -36.38% | -36.82% | +0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -44.88% | -56.47% | +11.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -9.60% | -15.35% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -15.05% | -42.69% | +27.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.48% | 6.43% | +9.05% |
Volatility
CMGMY vs. TSM - Volatility Comparison
Chemring Group PLC ADR (CMGMY) has a higher volatility of 19.07% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 13.76%. This indicates that CMGMY'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
| CMGMY | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.07% | 13.76% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 47.36% | 33.07% | +14.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.24% | 40.75% | +24.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.02% | 38.35% | +19.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.09% | 34.75% | +20.34% |
Dividends
CMGMY vs. TSM - Dividend Comparison
CMGMY's dividend yield for the trailing twelve months is around 1.44%, more than TSM's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGMY Chemring Group PLC ADR | 1.44% | 1.62% | 2.14% | 1.75% | 1.79% | 1.21% | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.87% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
CMGMY vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Chemring Group PLC ADR 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
CMGMY vs. TSM - Profitability Comparison
CMGMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Chemring Group PLC ADR reported a gross profit of 219.13M and revenue of 234.13M. Therefore, the gross margin over that period was 93.6%.
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 860.31B and revenue of 1.27T. Therefore, the gross margin over that period was 67.7%.
CMGMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Chemring Group PLC ADR reported an operating income of 21.41M and revenue of 234.13M, resulting in an operating margin of 9.1%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 766.60B and revenue of 1.27T, resulting in an operating margin of 60.3%.
CMGMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Chemring Group PLC ADR reported a net income of 6.02M and revenue of 234.13M, resulting in a net margin of 2.6%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 706.56B and revenue of 1.27T, resulting in a net margin of 55.6%.
Frequently Asked Questions
CMGMY and TSM have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMGMY has higher volatility (19.07%) compared to TSM (13.76%). In terms of maximum drawdown, CMGMY dropped -44.88% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (1.71 vs 0.09), 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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