ICL vs. TSEM
ICL (ICL Group Ltd) and TSEM (Tower Semiconductor Ltd) are both stocks. ICL operates in Agricultural Inputs (Basic Materials), while TSEM operates in Semiconductors (Technology). Over the past 10 years, ICL returned 9.01%/yr vs 34.52%/yr for TSEM. At a 0.29 correlation, their price movements are largely independent.
Performance
ICL vs. TSEM - Performance Comparison
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Returns By Period
In the year-to-date period, ICL achieves a -0.43% return, which is significantly lower than TSEM's 106.13% return. Over the past 10 years, ICL has underperformed TSEM with an annualized return of 9.01%, while TSEM has yielded a comparatively higher 34.52% annualized return.
ICL
- 1D
- -0.18%
- 1M
- -11.52%
- YTD
- -0.43%
- 6M
- 11.48%
- 1Y
- -13.76%
- 3Y*
- 3.81%
- 5Y*
- 0.16%
- 10Y*
- 9.01%
TSEM
- 1D
- 2.79%
- 1M
- 14.70%
- YTD
- 106.13%
- 6M
- 104.60%
- 1Y
- 502.39%
- 3Y*
- 83.63%
- 5Y*
- 55.36%
- 10Y*
- 34.52%
ICL vs. TSEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICL ICL Group Ltd | -0.43% | 18.12% | 2.81% | -27.23% | -14.74% | 97.88% | 7.98% | -11.61% | 52.00% | 5.43% |
TSEM Tower Semiconductor Ltd | 106.13% | 127.96% | 68.77% | -29.35% | 8.87% | 53.68% | 7.32% | 63.23% | -56.75% | 79.09% |
Correlation
The correlation between ICL and TSEM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2014 | 0.29 |
Fundamentals
ICL:
$7.21B
TSEM:
$27.68B
ICL:
$0.20
TSEM:
$2.15
ICL:
27.66
TSEM:
112.35
ICL:
20.23
TSEM:
3.96
ICL:
0.97
TSEM:
17.00
ICL:
1.19
TSEM:
9.31
ICL:
$7.41B
TSEM:
$1.62B
ICL:
$2.25B
TSEM:
$401.63M
ICL:
$1.35B
TSEM:
$571.93M
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Return for Risk
ICL vs. TSEM — Risk / Return Rank
ICL
TSEM
ICL vs. TSEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICL Group Ltd (ICL) and Tower Semiconductor Ltd (TSEM). 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.
| ICL | TSEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.83 | ||
| Sortino ratioReturn per unit of downside risk | -5.80 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.71 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 20.24 | -20.65 |
| Martin ratioReturn relative to average drawdown | -0.68 | 72.71 | -73.39 |
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
| ICL | TSEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.36 | 7.47 | -7.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 1.18 | -1.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.80 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.02 | +0.07 |
Drawdowns
ICL vs. TSEM - Drawdown Comparison
The maximum ICL drawdown since its inception was -63.87%, smaller than the maximum TSEM drawdown of -99.75%. Use the drawdown chart below to compare losses from any high point for ICL and TSEM.
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Drawdown Indicators
| ICL | TSEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.87% | -99.75% | +35.88% |
Max Drawdown (1Y)Largest decline over 1 year | -33.77% | -25.04% | -8.73% |
Max Drawdown (3Y)Largest decline over 3 years | -40.93% | -46.78% | +5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -63.87% | -55.39% | -8.48% |
Max Drawdown (10Y)Largest decline over 10 years | -63.87% | -62.28% | -1.59% |
Current DrawdownCurrent decline from peak | -43.52% | -59.54% | +16.02% |
Average DrawdownAverage peak-to-trough decline | -30.37% | -85.41% | +55.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.33% | 6.95% | +13.38% |
Volatility
ICL vs. TSEM - Volatility Comparison
The current volatility for ICL Group Ltd (ICL) is 13.68%, while Tower Semiconductor Ltd (TSEM) has a volatility of 31.39%. This indicates that ICL experiences smaller price fluctuations and is considered to be less risky than TSEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICL | TSEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.68% | 31.39% | -17.71% |
Volatility (6M)Calculated over the trailing 6-month period | 26.72% | 54.84% | -28.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.27% | 67.98% | -29.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.25% | 47.01% | -9.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.73% | 43.46% | -8.73% |
Dividends
ICL vs. TSEM - Dividend Comparison
ICL's dividend yield for the trailing twelve months is around 2.64%, while TSEM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICL ICL Group Ltd | 2.64% | 2.29% | 3.96% | 7.34% | 16.15% | 2.58% | 1.82% | 4.45% | 6.65% | 7.23% | 4.23% | 6.73% |
TSEM Tower Semiconductor 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% |
Financials
ICL vs. TSEM - Financials Comparison
This section allows you to compare key financial metrics between ICL Group Ltd and Tower Semiconductor Ltd. 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
ICL vs. TSEM - Profitability Comparison
ICL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported a gross profit of 626.00M and revenue of 2.02B. Therefore, the gross margin over that period was 30.9%.
TSEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported a gross profit of 110.95M and revenue of 413.63M. Therefore, the gross margin over that period was 26.8%.
ICL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported an operating income of 234.00M and revenue of 2.02B, resulting in an operating margin of 11.6%.
TSEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported an operating income of 64.57M and revenue of 413.63M, resulting in an operating margin of 15.6%.
ICL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported a net income of 126.00M and revenue of 2.02B, resulting in a net margin of 6.2%.
TSEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tower Semiconductor Ltd reported a net income of 65.03M and revenue of 413.63M, resulting in a net margin of 15.7%.
Frequently Asked Questions
ICL and TSEM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSEM has higher volatility (31.39%) compared to ICL (13.68%). In terms of maximum drawdown, ICL dropped -63.87% vs TSEM's -99.75%.
TSEM currently has the higher Sharpe Ratio (7.47 vs -0.36), 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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