Correlation
The correlation between QABSY and TSM is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
QABSY vs. TSM
Compare and contrast key facts about Qantas Airways Ltd ADR (QABSY) 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: QABSY or TSM.
Performance
QABSY vs. TSM - Performance Comparison
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Key characteristics
QABSY:
2.22
TSM:
0.61
QABSY:
2.66
TSM:
0.98
QABSY:
1.37
TSM:
1.12
QABSY:
2.75
TSM:
0.62
QABSY:
10.82
TSM:
1.64
QABSY:
6.40%
TSM:
14.01%
QABSY:
31.78%
TSM:
46.47%
QABSY:
-74.91%
TSM:
-88.07%
QABSY:
0.00%
TSM:
-13.60%
Fundamentals
QABSY:
$10.36B
TSM:
$1.00T
QABSY:
$2.66
TSM:
$8.33
QABSY:
12.87
TSM:
23.21
QABSY:
0.00
TSM:
1.37
QABSY:
0.45
TSM:
0.32
QABSY:
21.85
TSM:
6.59
QABSY:
$10.66B
TSM:
$3.14T
QABSY:
$2.02B
TSM:
$1.80T
QABSY:
$1.78B
TSM:
$2.22T
Returns By Period
In the year-to-date period, QABSY achieves a 23.26% return, which is significantly higher than TSM's -1.73% return. Over the past 10 years, QABSY has underperformed TSM with an annualized return of 11.64%, while TSM has yielded a comparatively higher 26.64% annualized return.
QABSY
23.26%
19.53%
19.82%
67.37%
20.09%
20.91%
11.64%
TSM
-1.73%
11.93%
5.42%
29.77%
28.88%
33.29%
26.64%
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Risk-Adjusted Performance
QABSY vs. TSM — Risk-Adjusted Performance Rank
QABSY
TSM
QABSY vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qantas Airways Ltd ADR (QABSY) 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.
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Dividends
QABSY vs. TSM - Dividend Comparison
QABSY's dividend yield for the trailing twelve months is around 2.45%, more than TSM's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QABSY Qantas Airways Ltd ADR | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 2.38% | 3.46% | 3.16% | 2.78% | 2.21% | 5.87% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.28% | 1.18% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% |
Drawdowns
QABSY vs. TSM - Drawdown Comparison
The maximum QABSY drawdown since its inception was -74.91%, smaller than the maximum TSM drawdown of -88.07%. Use the drawdown chart below to compare losses from any high point for QABSY and TSM.
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Volatility
QABSY vs. TSM - Volatility Comparison
The current volatility for Qantas Airways Ltd ADR (QABSY) is 7.57%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 10.13%. This indicates that QABSY 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.
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Financials
QABSY vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Qantas Airways Ltd ADR 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