HHPD.L vs. TSM
HHPD.L (Hon Hai Precision Industry Co Ltd ADR) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. Both are in the Technology sector — HHPD.L in Electronic Components, TSM in Semiconductors. Over the past 10 years, HHPD.L returned 16.72%/yr vs 35.23%/yr for TSM. At a 0.31 correlation, their price movements are largely independent.
Performance
HHPD.L vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, HHPD.L achieves a 28.94% return, which is significantly lower than TSM's 37.00% return. Over the past 10 years, HHPD.L has underperformed TSM with an annualized return of 16.72%, while TSM has yielded a comparatively higher 35.23% annualized return.
HHPD.L
- 1D
- -4.57%
- 1M
- 16.63%
- YTD
- 28.94%
- 6M
- 25.33%
- 1Y
- 87.18%
- 3Y*
- 44.42%
- 5Y*
- 22.18%
- 10Y*
- 16.72%
TSM
- 1D
- -6.69%
- 1M
- -1.03%
- YTD
- 37.00%
- 6M
- 41.63%
- 1Y
- 106.65%
- 3Y*
- 63.20%
- 5Y*
- 30.42%
- 10Y*
- 35.23%
HHPD.L vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HHPD.L Hon Hai Precision Industry Co Ltd ADR | 28.94% | 34.22% | 70.81% | 9.16% | -9.42% | 16.28% | 10.14% | 36.27% | -38.72% | 28.21% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 37.00% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
Correlation
The correlation between HHPD.L and TSM is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since May 1, 2001 | 0.31 |
Fundamentals
HHPD.L:
$132.83B
TSM:
$2.15T
HHPD.L:
$26.86
TSM:
$373.98
HHPD.L:
0.70
TSM:
1.11
HHPD.L:
0.08
TSM:
0.03
HHPD.L:
0.02
TSM:
0.52
HHPD.L:
0.07
TSM:
0.37
HHPD.L:
$8.10T
TSM:
$4.13T
HHPD.L:
$498.16B
TSM:
$2.55T
HHPD.L:
$429.29B
TSM:
$3.14T
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Return for Risk
HHPD.L vs. TSM — Risk / Return Rank
HHPD.L
TSM
HHPD.L vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hon Hai Precision Industry Co Ltd ADR (HHPD.L) 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.
| HHPD.L | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.43 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | 5.91 | -3.18 |
| Martin ratioReturn relative to average drawdown | 6.53 | 21.20 | -14.67 |
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
| HHPD.L | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 2.96 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.82 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 1.03 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.36 | -0.06 |
Drawdowns
HHPD.L vs. TSM - Drawdown Comparison
The maximum HHPD.L drawdown since its inception was -77.88%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for HHPD.L and TSM.
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Drawdown Indicators
| HHPD.L | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.88% | -89.08% | +11.20% |
Max Drawdown (1Y)Largest decline over 1 year | -31.07% | -18.14% | -12.93% |
Max Drawdown (3Y)Largest decline over 3 years | -53.37% | -36.82% | -16.55% |
Max Drawdown (5Y)Largest decline over 5 years | -53.37% | -56.47% | +3.10% |
Max Drawdown (10Y)Largest decline over 10 years | -54.98% | -56.47% | +1.49% |
Current DrawdownCurrent decline from peak | -5.05% | -7.06% | +2.01% |
Average DrawdownAverage peak-to-trough decline | -23.04% | -42.88% | +19.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.02% | 5.05% | +7.97% |
Volatility
HHPD.L vs. TSM - Volatility Comparison
Hon Hai Precision Industry Co Ltd ADR (HHPD.L) has a higher volatility of 14.73% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.23%. This indicates that HHPD.L'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
| HHPD.L | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.73% | 12.23% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 28.58% | 28.14% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.60% | 36.25% | +2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.76% | 37.38% | -1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.65% | 34.18% | +0.47% |
Dividends
HHPD.L vs. TSM - Dividend Comparison
HHPD.L's dividend yield for the trailing twelve months is around 1.47%, more than TSM's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHPD.L Hon Hai Precision Industry Co Ltd ADR | 1.47% | 1.89% | 5.04% | 3.46% | 3.78% | 2.78% | 3.15% | 2.95% | 5.13% | 3.44% | 3.96% | 3.40% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.80% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
HHPD.L vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Hon Hai Precision Industry Co Ltd 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
HHPD.L vs. TSM - Profitability Comparison
HHPD.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hon Hai Precision Industry Co Ltd ADR reported a gross profit of 153.33B and revenue of 2.61T. Therefore, the gross margin over that period was 5.9%.
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%.
HHPD.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hon Hai Precision Industry Co Ltd ADR reported an operating income of 85.59B and revenue of 2.61T, resulting in an operating margin of 3.3%.
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%.
HHPD.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hon Hai Precision Industry Co Ltd ADR reported a net income of 45.21B and revenue of 2.61T, resulting in a net margin of 1.7%.
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
HHPD.L and TSM have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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