GLBE vs. TSM
GLBE (Global-e Online Ltd.) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. GLBE operates in Internet Retail (Consumer Cyclical), while TSM operates in Semiconductors (Technology). Over the past 5 years, GLBE returned -4.40%/yr vs 31.67%/yr for TSM. At a 0.34 correlation, their price movements are largely independent.
Performance
GLBE vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, GLBE achieves a -18.21% return, which is significantly lower than TSM's 40.84% return.
GLBE
- 1D
- 0.06%
- 1M
- 7.89%
- YTD
- -18.21%
- 6M
- -15.86%
- 1Y
- -7.05%
- 3Y*
- -4.69%
- 5Y*
- -4.40%
- 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%
GLBE vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GLBE Global-e Online Ltd. | -18.21% | -27.91% | 37.60% | 92.01% | -67.44% | 148.59% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.84% | 55.91% | 92.58% | 42.33% | -36.75% | 12.53% |
Correlation
The correlation between GLBE and TSM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since May 13, 2021 | 0.34 |
The correlation between GLBE and TSM shifts across timeframes, from 0.20 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GLBE:
$5.59B
TSM:
$2.21T
GLBE:
$0.67
TSM:
$373.98
GLBE:
48.01
TSM:
1.14
GLBE:
0.01
TSM:
0.03
GLBE:
5.46
TSM:
0.54
GLBE:
6.14
TSM:
0.38
GLBE:
$1.02B
TSM:
$4.13T
GLBE:
$467.05M
TSM:
$2.55T
GLBE:
$146.46M
TSM:
$3.14T
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Return for Risk
GLBE vs. TSM — Risk / Return Rank
GLBE
TSM
GLBE vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global-e Online Ltd. (GLBE) 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.
| GLBE | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -3.51 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.44 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 6.13 | -6.34 |
| Martin ratioReturn relative to average drawdown | -0.49 | 21.94 | -22.43 |
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
| GLBE | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | 3.06 | -3.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.85 | -0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.37 | -0.30 |
Drawdowns
GLBE vs. TSM - Drawdown Comparison
The maximum GLBE drawdown since its inception was -79.10%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for GLBE and TSM.
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Drawdown Indicators
| GLBE | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.10% | -89.08% | +9.98% |
Max Drawdown (1Y)Largest decline over 1 year | -33.78% | -18.14% | -15.64% |
Max Drawdown (3Y)Largest decline over 3 years | -56.17% | -36.82% | -19.35% |
Max Drawdown (5Y)Largest decline over 5 years | -79.10% | -56.47% | -22.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -60.64% | -4.45% | -56.19% |
Average DrawdownAverage peak-to-trough decline | -52.30% | -42.87% | -9.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.44% | 5.06% | +9.38% |
Volatility
GLBE vs. TSM - Volatility Comparison
Global-e Online Ltd. (GLBE) has a higher volatility of 19.24% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.47%. This indicates that GLBE'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
| GLBE | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.24% | 12.47% | +6.77% |
Volatility (6M)Calculated over the trailing 6-month period | 36.67% | 28.23% | +8.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.68% | 36.40% | +10.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.23% | 37.40% | +30.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.21% | 34.20% | +34.01% |
Dividends
GLBE vs. TSM - Dividend Comparison
GLBE has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLBE Global-e Online Ltd. | 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 | 0.78% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
GLBE vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Global-e Online Ltd. 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
GLBE vs. TSM - Profitability Comparison
GLBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported a gross profit of 114.88M and revenue of 252.09M. Therefore, the gross margin over that period was 45.6%.
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%.
GLBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported an operating income of 32.97M and revenue of 252.09M, resulting in an operating margin of 13.1%.
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%.
GLBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported a net income of 30.36M and revenue of 252.09M, resulting in a net margin of 12.0%.
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
GLBE and TSM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLBE has higher volatility (19.24%) compared to TSM (12.47%). In terms of maximum drawdown, GLBE dropped -79.10% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (3.06 vs -0.15), 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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