Correlation
The correlation between QRVO and TSM is 0.56, 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.
QRVO vs. TSM
Compare and contrast key facts about Qorvo, Inc. (QRVO) 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: QRVO or TSM.
Performance
QRVO vs. TSM - Performance Comparison
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Key characteristics
QRVO:
-0.37
TSM:
0.61
QRVO:
-0.19
TSM:
0.98
QRVO:
0.97
TSM:
1.12
QRVO:
-0.26
TSM:
0.62
QRVO:
-0.64
TSM:
1.64
QRVO:
35.22%
TSM:
14.01%
QRVO:
58.29%
TSM:
46.47%
QRVO:
-99.18%
TSM:
-88.07%
QRVO:
-78.28%
TSM:
-13.60%
Fundamentals
QRVO:
$7.07B
TSM:
$1.00T
QRVO:
$0.58
TSM:
$8.33
QRVO:
131.07
TSM:
23.21
QRVO:
0.25
TSM:
1.37
QRVO:
1.90
TSM:
0.32
QRVO:
2.08
TSM:
6.59
QRVO:
$3.72B
TSM:
$3.14T
QRVO:
$1.56B
TSM:
$1.80T
QRVO:
$363.30M
TSM:
$2.22T
Returns By Period
In the year-to-date period, QRVO achieves a 8.71% return, which is significantly higher than TSM's -1.73% return. Over the past 10 years, QRVO has underperformed TSM with an annualized return of -0.62%, while TSM has yielded a comparatively higher 26.64% annualized return.
QRVO
8.71%
8.90%
10.09%
-22.74%
-12.05%
-6.21%
-0.62%
TSM
-1.73%
11.93%
5.42%
29.77%
28.88%
33.29%
26.64%
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Risk-Adjusted Performance
QRVO vs. TSM — Risk-Adjusted Performance Rank
QRVO
TSM
QRVO vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) 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
QRVO vs. TSM - Dividend Comparison
QRVO has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QRVO Qorvo, Inc. | 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 | 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
QRVO vs. TSM - Drawdown Comparison
The maximum QRVO drawdown since its inception was -99.18%, which is greater than TSM's maximum drawdown of -88.07%. Use the drawdown chart below to compare losses from any high point for QRVO and TSM.
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Volatility
QRVO vs. TSM - Volatility Comparison
Qorvo, Inc. (QRVO) and Taiwan Semiconductor Manufacturing Company Limited (TSM) have volatilities of 9.91% and 10.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
QRVO vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Qorvo, 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
QRVO vs. TSM - Profitability Comparison
QRVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Qorvo, Inc. reported a gross profit of 393.74M and revenue of 869.47M. Therefore, the gross margin over that period was 45.3%.
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 493.40B and revenue of 839.25B. Therefore, the gross margin over that period was 58.8%.
QRVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Qorvo, Inc. reported an operating income of 28.22M and revenue of 869.47M, resulting in an operating margin of 3.3%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 407.08B and revenue of 839.25B, resulting in an operating margin of 48.5%.
QRVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Qorvo, Inc. reported a net income of 31.37M and revenue of 869.47M, resulting in a net margin of 3.6%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 361.56B and revenue of 839.25B, resulting in a net margin of 43.1%.