MRAAY vs. TSM
MRAAY (Murata Manufacturing Inc) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. Both are in the Technology sector — MRAAY in Electronic Components, TSM in Semiconductors. Over the past 10 years, MRAAY returned 20.35%/yr vs 37.08%/yr for TSM. At a 0.32 correlation, their price movements are largely independent.
Performance
MRAAY vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, MRAAY achieves a 271.55% return, which is significantly higher than TSM's 54.69% return. Over the past 10 years, MRAAY has underperformed TSM with an annualized return of 20.35%, while TSM has yielded a comparatively higher 37.08% annualized return.
MRAAY
- 1D
- 3.57%
- 1M
- 70.09%
- YTD
- 271.55%
- 6M
- 276.67%
- 1Y
- 446.71%
- 3Y*
- 61.24%
- 5Y*
- 26.14%
- 10Y*
- 20.35%
TSM
- 1D
- 1.20%
- 1M
- 15.88%
- YTD
- 54.69%
- 6M
- 60.28%
- 1Y
- 125.65%
- 3Y*
- 68.53%
- 5Y*
- 34.31%
- 10Y*
- 37.08%
MRAAY vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRAAY Murata Manufacturing Inc | 271.55% | 30.64% | -23.61% | 28.72% | -38.35% | -11.42% | 47.88% | 36.50% | 0.24% | 0.69% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 54.69% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
Correlation
The correlation between MRAAY 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 | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2009 | 0.32 |
The correlation between MRAAY and TSM shifts across timeframes, from 0.32 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MRAAY:
$139.80B
TSM:
$2.43T
MRAAY:
¥41.88
TSM:
NT$373.98
MRAAY:
147.65
TSM:
39.52
MRAAY:
12.22
TSM:
18.58
MRAAY:
8.27
TSM:
13.01
MRAAY:
¥1.86T
TSM:
NT$4.13T
MRAAY:
¥785.70B
TSM:
NT$2.55T
MRAAY:
¥475.40B
TSM:
NT$3.14T
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Return for Risk
MRAAY vs. TSM — Risk / Return Rank
MRAAY
TSM
MRAAY vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Murata Manufacturing Inc (MRAAY) 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.
| MRAAY | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.92 | ||
| Sortino ratioReturn per unit of downside risk | +3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.91 | 1.47 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 22.42 | 6.97 | +15.46 |
| Martin ratioReturn relative to average drawdown | 64.88 | 24.65 | +40.23 |
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Drawdowns
MRAAY vs. TSM - Drawdown Comparison
The maximum MRAAY drawdown since its inception was -80.45%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for MRAAY and TSM.
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Drawdown Indicators
| MRAAY | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.45% | -89.08% | +8.63% |
Max Drawdown (1Y)Largest decline over 1 year | -20.09% | -18.14% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -45.14% | -36.82% | -8.32% |
Max Drawdown (5Y)Largest decline over 5 years | -58.28% | -56.47% | -1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -61.92% | -56.47% | -5.45% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -41.32% | -42.82% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.93% | 5.12% | +1.81% |
Volatility
MRAAY vs. TSM - Volatility Comparison
Murata Manufacturing Inc (MRAAY) has a higher volatility of 33.75% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 14.47%. This indicates that MRAAY'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
| MRAAY | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.75% | 14.47% | +19.28% |
Volatility (6M)Calculated over the trailing 6-month period | 46.78% | 29.15% | +17.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.43% | 37.56% | +16.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.42% | 37.65% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.77% | 34.35% | -0.58% |
Dividends
MRAAY vs. TSM - Dividend Comparison
MRAAY has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRAAY Murata Manufacturing Inc | 0.00% | 1.01% | 1.10% | 0.00% | 0.00% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 1.53% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.75% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
MRAAY vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Murata Manufacturing Inc 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
MRAAY vs. TSM - Profitability Comparison
MRAAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Murata Manufacturing Inc reported a gross profit of 202.76B and revenue of 469.09B. Therefore, the gross margin over that period was 43.2%.
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%.
MRAAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Murata Manufacturing Inc reported an operating income of 74.29B and revenue of 469.09B, resulting in an operating margin of 15.8%.
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%.
MRAAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Murata Manufacturing Inc reported a net income of 77.98B and revenue of 469.09B, resulting in a net margin of 16.6%.
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
MRAAY 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.
MRAAY has higher volatility (33.75%) compared to TSM (14.47%). In terms of maximum drawdown, MRAAY dropped -80.45% vs TSM's -89.08%.
MRAAY currently has the higher Sharpe Ratio (8.29 vs 3.37), 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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