NOV vs. TSM
Compare and contrast key facts about National Oilwell Varco, Inc. (NOV) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOV or TSM.
Correlation
The correlation between NOV and TSM is 0.43, 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
NOV vs. TSM - Performance Comparison
Key characteristics
NOV:
-0.85
TSM:
0.48
NOV:
-1.16
TSM:
0.96
NOV:
0.84
TSM:
1.12
NOV:
-0.42
TSM:
0.60
NOV:
-1.55
TSM:
1.69
NOV:
22.82%
TSM:
13.09%
NOV:
41.73%
TSM:
46.26%
NOV:
-89.77%
TSM:
-84.63%
NOV:
-83.94%
TSM:
-26.49%
Fundamentals
NOV:
$4.64B
TSM:
$847.48B
NOV:
$1.60
TSM:
$7.66
NOV:
7.65
TSM:
21.33
NOV:
0.27
TSM:
1.18
NOV:
0.52
TSM:
0.27
NOV:
0.73
TSM:
6.50
NOV:
$6.72B
TSM:
$3.14T
NOV:
$1.68B
TSM:
$1.80T
NOV:
$991.00M
TSM:
$2.20T
Returns By Period
In the year-to-date period, NOV achieves a -17.37% return, which is significantly lower than TSM's -16.39% return. Over the past 10 years, NOV has underperformed TSM with an annualized return of -13.04%, while TSM has yielded a comparatively higher 24.14% annualized return.
NOV
-17.37%
-19.95%
-21.02%
-36.79%
-0.09%
-13.04%
TSM
-16.39%
-0.47%
-15.89%
20.42%
27.79%
24.14%
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Risk-Adjusted Performance
NOV vs. TSM — Risk-Adjusted Performance Rank
NOV
TSM
NOV vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Oilwell Varco, Inc. (NOV) 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
NOV vs. TSM - Dividend Comparison
NOV's dividend yield for the trailing twelve months is around 2.50%, more than TSM's 1.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 2.50% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.49% | 1.18% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% |
Drawdowns
NOV vs. TSM - Drawdown Comparison
The maximum NOV drawdown since its inception was -89.77%, which is greater than TSM's maximum drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for NOV and TSM. For additional features, visit the drawdowns tool.
Volatility
NOV vs. TSM - Volatility Comparison
National Oilwell Varco, Inc. (NOV) has a higher volatility of 26.69% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 19.50%. This indicates that NOV'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.
Financials
NOV vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between National Oilwell Varco, 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