GE vs. TSM
GE (General Electric Company) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. GE operates in Specialty Industrial Machinery (Industrials), while TSM operates in Semiconductors (Technology). Over the past 10 years, GE returned 9.96%/yr vs 35.80%/yr for TSM. At a 0.36 correlation, their price movements are largely independent.
Performance
GE vs. TSM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GE achieves a 9.01% return, which is significantly lower than TSM's 40.22% return. Over the past 10 years, GE has underperformed TSM with an annualized return of 9.96%, while TSM has yielded a comparatively higher 35.80% annualized return.
GE
- 1D
- 0.76%
- 1M
- 13.77%
- YTD
- 9.01%
- 6M
- 12.13%
- 1Y
- 40.45%
- 3Y*
- 58.72%
- 5Y*
- 38.14%
- 10Y*
- 9.96%
TSM
- 1D
- 0.68%
- 1M
- 6.28%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 98.93%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
GE vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 9.01% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | -2.73% | 54.00% | -55.39% | -42.92% |
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 GE and TSM is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 1997 | 0.36 |
Fundamentals
GE:
$351.79B
TSM:
$2.20T
GE:
$8.15
TSM:
NT$373.98
GE:
41.14
TSM:
35.89
GE:
0.01
TSM:
1.03
GE:
7.37
TSM:
16.87
GE:
19.48
TSM:
11.82
GE:
$48.35B
TSM:
NT$4.13T
GE:
$16.84B
TSM:
NT$2.55T
GE:
$11.01B
TSM:
NT$3.14T
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GE vs. TSM — Risk / Return Rank
GE
TSM
GE vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) 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.
| GE | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.40 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 5.48 | -3.53 |
| Martin ratioReturn relative to average drawdown | 5.26 | 19.42 | -14.16 |
Loading charts...
Drawdowns
GE vs. TSM - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, roughly equal to the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for GE and TSM.
Loading charts...
Drawdown Indicators
| GE | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.53% | -89.08% | +3.55% |
Max Drawdown (1Y)Largest decline over 1 year | -20.85% | -18.14% | -2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -21.36% | -36.82% | +15.46% |
Max Drawdown (5Y)Largest decline over 5 years | -44.94% | -56.47% | +11.53% |
Max Drawdown (10Y)Largest decline over 10 years | -81.18% | -56.47% | -24.71% |
Current DrawdownCurrent decline from peak | -2.88% | -4.87% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -25.78% | -42.85% | +17.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.71% | 5.11% | +2.60% |
Volatility
GE vs. TSM - Volatility Comparison
The current volatility for General Electric Company (GE) is 11.02%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 13.42%. This indicates that GE 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.
Loading charts...
Volatility by Period
| GE | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 13.42% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 27.28% | 28.65% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.64% | 36.69% | -5.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.13% | 37.46% | -6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.37% | 34.23% | +2.14% |
Dividends
GE vs. TSM - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.46%, less than TSM's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.46% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
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
GE vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between General Electric Company 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
GE vs. TSM - Profitability Comparison
GE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a gross profit of 3.85B and revenue of 12.39B. Therefore, the gross margin over that period was 31.0%.
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%.
GE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported an operating income of 1.70B and revenue of 12.39B, resulting in an operating margin of 13.7%.
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%.
GE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a net income of 1.94B and revenue of 12.39B, resulting in a net margin of 15.6%.
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
GE and TSM have a correlation of 0.35, 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 GE (11.02%). In terms of maximum drawdown, GE dropped -85.53% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (2.71 vs 1.29), 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.
Find the right allocation for GE and TSM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer