GEV vs. TSM
GEV (GE Vernova Inc.) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. GEV operates in Specialty Industrial Machinery (Industrials), while TSM operates in Semiconductors (Technology). Over the past year, GEV returned 92.97% vs 110.53% for TSM. At a 0.48 correlation, their price movements are largely independent.
Performance
GEV vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, GEV achieves a 43.08% return, which is significantly higher than TSM's 40.84% return.
GEV
- 1D
- 0.03%
- 1M
- -10.22%
- YTD
- 43.08%
- 6M
- 50.36%
- 1Y
- 92.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSM
- 1D
- 2.80%
- 1M
- 3.67%
- YTD
- 40.84%
- 6M
- 42.15%
- 1Y
- 110.53%
- 3Y*
- 63.10%
- 5Y*
- 31.67%
- 10Y*
- 35.71%
GEV vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GEV GE Vernova Inc. | 43.08% | 99.02% | 150.80% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.84% | 55.91% | 45.93% |
Correlation
The correlation between GEV and TSM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024 | 0.48 |
Fundamentals
GEV:
$254.01B
TSM:
$2.21T
GEV:
$34.12
TSM:
$373.98
GEV:
27.37
TSM:
1.14
GEV:
0.13
TSM:
0.03
GEV:
6.52
TSM:
0.54
GEV:
18.25
TSM:
0.38
GEV:
$39.38B
TSM:
$4.13T
GEV:
$7.85B
TSM:
$2.55T
GEV:
$3.32B
TSM:
$3.14T
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Return for Risk
GEV vs. TSM — Risk / Return Rank
GEV
TSM
GEV vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) 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.
| GEV | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.44 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.98 | 6.13 | -1.15 |
| Martin ratioReturn relative to average drawdown | 11.85 | 21.94 | -10.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GEV | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 3.06 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.85 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.77 | 0.37 | +2.41 |
Drawdowns
GEV vs. TSM - Drawdown Comparison
The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for GEV and TSM.
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Drawdown Indicators
| GEV | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -89.08% | +50.79% |
Max Drawdown (1Y)Largest decline over 1 year | -18.78% | -18.14% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.82% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -18.76% | -4.45% | -14.31% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -42.87% | +35.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 5.06% | +2.82% |
Volatility
GEV vs. TSM - Volatility Comparison
The current volatility for GE Vernova Inc. (GEV) is 10.55%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 12.47%. This indicates that GEV 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
| GEV | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.55% | 12.47% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 36.38% | 28.23% | +8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.74% | 36.40% | +12.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.76% | 37.40% | +15.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.76% | 34.20% | +18.56% |
Dividends
GEV vs. TSM - Dividend Comparison
GEV's dividend yield for the trailing twelve months is around 0.16%, less than TSM's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEV GE Vernova Inc. | 0.16% | 0.11% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.78% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
GEV vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between GE Vernova 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
GEV vs. TSM - Profitability Comparison
GEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a gross profit of 1.78B and revenue of 9.34B. Therefore, the gross margin over that period was 19.1%.
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%.
GEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.
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%.
GEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.
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
GEV and TSM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (12.47%) compared to GEV (10.55%). In terms of maximum drawdown, GEV dropped -38.29% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (3.06 vs 1.92), 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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