REG vs. TSM
REG (Regency Centers Corporation) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. REG operates in REIT - Retail (Real Estate), while TSM operates in Semiconductors (Technology). Over the past 10 years, REG returned 3.92%/yr vs 33.60%/yr for TSM. At a 0.23 correlation, their price movements are largely independent.
Performance
REG vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, REG achieves a 21.29% return, which is significantly lower than TSM's 33.07% return. Over the past 10 years, REG has underperformed TSM with an annualized return of 3.92%, while TSM has yielded a comparatively higher 33.60% annualized return.
REG
- 1D
- -0.65%
- 1M
- 6.84%
- 6M
- 17.15%
- YTD
- 21.29%
- 1Y
- 22.38%
- 3Y*
- 12.09%
- 5Y*
- 8.78%
- 10Y*
- 3.92%
- ALL TIME*
- 10.14%
TSM
- 1D
- 0.99%
- 1M
- -12.94%
- 6M
- 18.10%
- YTD
- 33.07%
- 1Y
- 69.17%
- 3Y*
- 62.80%
- 5Y*
- 29.92%
- 10Y*
- 33.60%
- ALL TIME*
- 16.19%
REG vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REG Regency Centers Corporation | 21.29% | -2.78% | 14.90% | 11.85% | -13.59% | 71.41% | -23.86% | 11.43% | -12.00% | 3.62% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.07% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
Correlation
The correlation between REG and TSM is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 1997 | 0.23 |
The correlation between REG and TSM shifts across timeframes, from -0.13 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
REG:
$15.04B
TSM:
$2.09T
REG:
$3.55
TSM:
NT$432.27
REG:
23.17
TSM:
30.13
REG:
2.27
TSM:
0.84
REG:
8.83
TSM:
15.18
REG:
2.26
TSM:
10.50
REG:
$1.70B
TSM:
NT$4.45T
REG:
$814.76M
TSM:
NT$2.86T
REG:
$1.12B
TSM:
NT$3.20T
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Return for Risk
REG vs. TSM — Risk / Return Rank
REG
TSM
REG vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Regency Centers Corporation (REG) 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.
| REG | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.29 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 3.83 | -1.08 |
| Martin ratioReturn relative to average drawdown | 6.81 | 12.06 | -5.24 |
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Drawdowns
REG vs. TSM - Drawdown Comparison
The maximum REG drawdown since its inception was -73.37%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for REG and TSM.
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Drawdown Indicators
| REG | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.37% | -89.08% | +15.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -18.14% | +9.97% |
Max Drawdown (3Y)Largest decline over 3 years | -15.10% | -36.82% | +21.72% |
Max Drawdown (5Y)Largest decline over 5 years | -30.09% | -56.47% | +26.38% |
Max Drawdown (10Y)Largest decline over 10 years | -57.02% | -56.47% | -0.55% |
Current DrawdownCurrent decline from peak | -0.65% | -15.76% | +15.11% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -42.73% | +26.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 5.76% | -2.47% |
Volatility
REG vs. TSM - Volatility Comparison
The current volatility for Regency Centers Corporation (REG) is 5.73%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 16.57%. This indicates that REG 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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Volatility by Period
| REG | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | 16.57% | -10.84% |
Volatility (6M)Calculated over the trailing 6-month period | 11.91% | 31.69% | -19.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.46% | 39.45% | -22.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.22% | 38.06% | -15.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.91% | 34.60% | -4.69% |
Dividends
REG vs. TSM - Dividend Comparison
REG's dividend yield for the trailing twelve months is around 3.62%, more than TSM's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REG Regency Centers Corporation | 3.62% | 4.16% | 3.67% | 3.91% | 4.04% | 3.20% | 5.22% | 3.71% | 3.78% | 3.04% | 2.90% | 2.85% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.88% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
REG vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Regency Centers Corporation 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
REG vs. TSM - Profitability Comparison
REG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Regency Centers Corporation reported a gross profit of 76.40M and revenue of 413.42M. Therefore, the gross margin over that period was 18.5%.
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 860.31B and revenue of 1.27T. Therefore, the gross margin over that period was 67.7%.
REG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Regency Centers Corporation reported an operating income of 152.73M and revenue of 413.42M, resulting in an operating margin of 36.9%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 766.60B and revenue of 1.27T, resulting in an operating margin of 60.3%.
REG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Regency Centers Corporation reported a net income of 128.55M and revenue of 413.42M, resulting in a net margin of 31.1%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 706.56B and revenue of 1.27T, resulting in a net margin of 55.6%.
Frequently Asked Questions
REG and TSM have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (16.57%) compared to REG (5.73%). In terms of maximum drawdown, REG dropped -73.37% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (1.77 vs 1.37), 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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