ITWN.L vs. TSM
Compare and contrast key facts about iShares MSCI Taiwan UCITS ETF (ITWN.L) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
ITWN.L is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan NR USD. It was launched on Oct 28, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITWN.L or TSM.
Correlation
The correlation between ITWN.L and TSM is 0.58, 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.
Performance
ITWN.L vs. TSM - Performance Comparison
Key characteristics
ITWN.L:
1.08
TSM:
1.42
ITWN.L:
1.49
TSM:
1.97
ITWN.L:
1.20
TSM:
1.25
ITWN.L:
1.37
TSM:
2.68
ITWN.L:
4.45
TSM:
7.79
ITWN.L:
5.32%
TSM:
7.76%
ITWN.L:
22.03%
TSM:
42.51%
ITWN.L:
-48.27%
TSM:
-84.63%
ITWN.L:
-3.73%
TSM:
-11.74%
Returns By Period
In the year-to-date period, ITWN.L achieves a 1.00% return, which is significantly higher than TSM's 0.38% return. Over the past 10 years, ITWN.L has underperformed TSM with an annualized return of 14.62%, while TSM has yielded a comparatively higher 26.28% annualized return.
ITWN.L
1.00%
-3.59%
7.08%
23.72%
16.82%
14.62%
TSM
0.38%
-11.74%
16.53%
55.20%
32.30%
26.28%
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Risk-Adjusted Performance
ITWN.L vs. TSM — Risk-Adjusted Performance Rank
ITWN.L
TSM
ITWN.L vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan UCITS ETF (ITWN.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.
Dividends
ITWN.L vs. TSM - Dividend Comparison
ITWN.L's dividend yield for the trailing twelve months is around 1.36%, more than TSM's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITWN.L iShares MSCI Taiwan UCITS ETF | 1.36% | 1.37% | 2.14% | 3.54% | 1.33% | 1.83% | 2.28% | 2.72% | 2.74% | 2.86% | 3.23% | 1.40% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.18% | 1.18% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% |
Drawdowns
ITWN.L vs. TSM - Drawdown Comparison
The maximum ITWN.L drawdown since its inception was -48.27%, smaller than the maximum TSM drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for ITWN.L and TSM. For additional features, visit the drawdowns tool.
Volatility
ITWN.L vs. TSM - Volatility Comparison
The current volatility for iShares MSCI Taiwan UCITS ETF (ITWN.L) is 8.45%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 17.14%. This indicates that ITWN.L 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.