INPST.AS vs. TSM

Last updated Jun 13, 2026

INPST.AS (Inpost SA) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. INPST.AS operates in Specialty Business Services (Industrials), while TSM operates in Semiconductors (Technology). Over the past 5 years, INPST.AS returned -0.20%/yr vs 32.51%/yr for TSM. At a 0.21 correlation, their price movements are largely independent.

Performance

INPST.AS vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Inpost SA (INPST.AS) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

INPST.AS is traded in EUR, while TSM is traded in USD. To make them comparable, the TSM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, INPST.AS achieves a 46.32% return, which is significantly higher than TSM's 42.38% return.

INPST.AS

• 1D: 0.20%
• 1M: 0.46%
• YTD: 46.32%
• 6M: 50.34%
• 1Y: 9.66%
• 3Y*: 17.31%
• 5Y*: -0.20%
• 10Y*: —

TSM

• 1D: 0.76%
• 1M: 5.62%
• YTD: 42.38%
• 6M: 48.07%
• 1Y: 102.70%
• 3Y*: 57.11%
• 5Y*: 32.51%
• 10Y*: 35.37%

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

INPST.AS vs. TSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
INPST.AS Inpost SA	46.32%	-36.58%	31.87%	58.92%	-25.67%	-44.22%
TSM Taiwan Semiconductor Manufacturing Company Limited	42.38%	37.40%	105.29%	38.06%	-32.83%	3.24%

Correlation

The correlation between INPST.AS and TSM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021	0.21

Return for Risk

INPST.AS vs. TSM — Risk / Return Rank

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

INPST.AS

INPST.AS Risk / Return Rank: 48
INPST.AS Sharpe Ratio Rank: 48
INPST.AS Sortino Ratio Rank: 48
INPST.AS Omega Ratio Rank: 50
INPST.AS Calmar Ratio Rank: 47
INPST.AS Martin Ratio Rank: 48

TSM

TSM Risk / Return Rank: 93
TSM Sharpe Ratio Rank: 94
TSM Sortino Ratio Rank: 92
TSM Omega Ratio Rank: 90
TSM Calmar Ratio Rank: 94
TSM Martin Ratio Rank: 96

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.

INPST.AS vs. TSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inpost SA (INPST.AS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	INPST.AS	TSM	Difference
Sharpe ratio: Return per unit of total volatility	0.15	2.74	-2.59
Sortino ratio: Return per unit of downside risk	0.67	3.33	-2.66
Omega ratio: Gain probability vs. loss probability	1.10	1.41	-0.31
Calmar ratio: Return relative to maximum drawdown	0.19	6.38	-6.18
Martin ratio: Return relative to average drawdown	0.40	20.57	-20.16

INPST.AS vs. TSM - Sharpe Ratio Comparison

The current INPST.AS Sharpe Ratio is 0.15, which is lower than the TSM Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of INPST.AS and TSM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

INPST.AS vs. TSM - Drawdown Comparison

The maximum INPST.AS drawdown since its inception was -80.05%, which is greater than TSM's maximum drawdown of -50.24%. Use the drawdown chart below to compare losses from any high point for INPST.AS and TSM.

Drawdown Indicators

	INPST.AS	TSM	Difference
Max Drawdown Largest peak-to-trough decline	-80.05%	-50.24%	-29.81%
Max Drawdown (1Y) Largest decline over 1 year	-34.50%	-15.66%	-18.84%
Max Drawdown (3Y) Largest decline over 3 years	-50.11%	-40.23%	-9.88%
Max Drawdown (5Y) Largest decline over 5 years	-76.49%	-50.24%	-26.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-50.24%	—
Current Drawdown Current decline from peak	-26.91%	-4.37%	-22.54%
Average Drawdown Average peak-to-trough decline	-41.67%	-10.49%	-31.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.63%	4.85%	+11.78%

Volatility

INPST.AS vs. TSM - Volatility Comparison

The current volatility for Inpost SA (INPST.AS) is 0.89%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 12.84%. This indicates that INPST.AS 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.

Volatility by Period

	INPST.AS	TSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	12.84%	-11.95%
Volatility (6M) Calculated over the trailing 6-month period	31.93%	27.79%	+4.14%
Volatility (1Y) Calculated over the trailing 1-year period	44.25%	36.39%	+7.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.84%	36.76%	+9.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.08%	33.92%	+12.16%

Dividends

INPST.AS vs. TSM - Dividend Comparison

INPST.AS has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INPST.AS Inpost SA	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	0.83%	1.00%	1.18%	1.78%	2.49%	1.57%	1.56%	3.46%	3.64%	2.32%	2.61%	2.54%

Financials

Frequently Asked Questions

Can I hold both INPST.AS and TSM in my portfolio?

INPST.AS and TSM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.