GFS vs. TSM

Last updated Apr 1, 2026

Compare and contrast key facts about GLOBALFOUNDRIES Inc. (GFS) and Taiwan Semiconductor Manufacturing Company Limited (TSM).

Performance

GFS vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GLOBALFOUNDRIES Inc. (GFS) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

GFS vs. TSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GFS GLOBALFOUNDRIES Inc.	27.38%	-18.62%	-29.19%	12.45%	-17.05%	40.02%
TSM Taiwan Semiconductor Manufacturing Company Limited	11.52%	55.91%	92.58%	42.33%	-36.75%	4.14%

Fundamentals

Market Cap GFS : $24.95B TSM : $1.75T
EPS GFS : $1.58 TSM : $332.18
PE Ratio GFS : 28.10 TSM : 1.02
PS Ratio GFS : 3.66 TSM : 0.46
PB Ratio GFS : 2.09 TSM : 0.32
Total Revenue (TTM) GFS : $6.79B TSM : $3.82T
Gross Profit (TTM) GFS : $1.71B TSM : $2.29T
EBITDA (TTM) GFS : $2.18B TSM : $2.90T

Returns By Period

In the year-to-date period, GFS achieves a 27.38% return, which is significantly higher than TSM's 11.52% return.

GFS

• 1D: 7.49%
• 1M: -6.46%
• YTD: 27.38%
• 6M: 24.11%
• 1Y: 20.51%
• 3Y*: -14.90%
• 5Y*: —
• 10Y*: —

TSM

• 1D: 6.78%
• 1M: -9.52%
• YTD: 11.52%
• 6M: 21.66%
• 1Y: 106.05%
• 3Y*: 56.00%
• 5Y*: 24.08%
• 10Y*: 32.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GFS vs. TSM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GFS

GFS Risk / Return Rank: 58
GFS Sharpe Ratio Rank: 57
GFS Sortino Ratio Rank: 57
GFS Omega Ratio Rank: 53
GFS Calmar Ratio Rank: 61
GFS Martin Ratio Rank: 59

TSM

TSM Risk / Return Rank: 95
TSM Sharpe Ratio Rank: 96
TSM Sortino Ratio Rank: 94
TSM Omega Ratio Rank: 92
TSM Calmar Ratio Rank: 96
TSM Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GFS vs. TSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GLOBALFOUNDRIES Inc. (GFS) 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.

	GFS	TSM	Difference
Sharpe ratio Return per unit of total volatility	0.40	2.76	-2.36
Sortino ratio Return per unit of downside risk	1.00	3.33	-2.33
Omega ratio Gain probability vs. loss probability	1.12	1.42	-0.30
Calmar ratio Return relative to maximum drawdown	0.85	5.90	-5.04
Martin ratio Return relative to average drawdown	1.63	20.02	-18.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GFS vs. TSM - Sharpe Ratio Comparison

The current GFS Sharpe Ratio is 0.40, which is lower than the TSM Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of GFS and TSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GFS	TSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	2.76	-2.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.35	-0.37

Correlation

The correlation between GFS and TSM is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GFS vs. TSM - Dividend Comparison

GFS has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.98%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GFS GLOBALFOUNDRIES Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSM Taiwan Semiconductor Manufacturing Company Limited	0.98%	1.00%	1.18%	1.78%	2.49%	1.57%	1.56%	3.46%	3.64%	2.32%	2.61%	2.54%

Drawdowns

GFS vs. TSM - Drawdown Comparison

The maximum GFS drawdown since its inception was -61.53%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for GFS and TSM.

Drawdown Indicators

	GFS	TSM	Difference
Max Drawdown Largest peak-to-trough decline	-61.53%	-89.08%	+27.55%
Max Drawdown (1Y) Largest decline over 1 year	-24.10%	-18.14%	-5.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.47%	—
Current Drawdown Current decline from peak	-43.65%	-12.59%	-31.06%
Average Drawdown Average peak-to-trough decline	-35.24%	-43.13%	+7.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.65%	5.34%	+7.31%

Volatility

GFS vs. TSM - Volatility Comparison

GLOBALFOUNDRIES Inc. (GFS) has a higher volatility of 16.70% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 14.44%. This indicates that GFS'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.

Volatility by Period

	GFS	TSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.70%	14.44%	+2.26%
Volatility (6M) Calculated over the trailing 6-month period	36.26%	27.19%	+9.07%
Volatility (1Y) Calculated over the trailing 1-year period	51.36%	38.60%	+12.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.86%	36.99%	+12.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.86%	33.85%	+16.01%

Financials

GFS vs. TSM - Profitability Comparison

The chart below illustrates the profitability comparison between GLOBALFOUNDRIES Inc. and Taiwan Semiconductor Manufacturing Company Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GFS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, GLOBALFOUNDRIES Inc. reported a gross profit of 528.00M and revenue of 1.83B. Therefore, the gross margin over that period was 28.9%.

TSM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 658.15B and revenue of 1.06T. Therefore, the gross margin over that period was 62.3%.

GFS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, GLOBALFOUNDRIES Inc. reported an operating income of 255.00M and revenue of 1.83B, resulting in an operating margin of 13.9%.

TSM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 569.13B and revenue of 1.06T, resulting in an operating margin of 53.9%.

GFS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, GLOBALFOUNDRIES Inc. reported a net income of 199.00M and revenue of 1.83B, resulting in a net margin of 10.9%.

TSM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 510.52B and revenue of 1.06T, resulting in a net margin of 48.4%.