SAABY vs. TSM
SAABY (Saab AB (publ)) and TSM (Taiwan Semiconductor Manufacturing Company Limited) are both stocks. SAABY operates in Aerospace & Defense (Industrials), while TSM operates in Semiconductors (Technology). Over the past 5 years, SAABY returned 51.19%/yr vs 31.67%/yr for TSM. At a 0.06 correlation, their price movements are largely independent.
Performance
SAABY vs. TSM - Performance Comparison
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Returns By Period
In the year-to-date period, SAABY achieves a -3.10% return, which is significantly lower than TSM's 40.84% return.
SAABY
- 1D
- 1.56%
- 1M
- -4.17%
- YTD
- -3.10%
- 6M
- 4.44%
- 1Y
- 6.53%
- 3Y*
- 60.83%
- 5Y*
- 51.19%
- 10Y*
- —
TSM
- 1D
- 2.80%
- 1M
- 3.67%
- YTD
- 40.84%
- 6M
- 42.15%
- 1Y
- 110.53%
- 3Y*
- 63.10%
- 5Y*
- 31.67%
- 10Y*
- 35.71%
SAABY vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -3.10% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.84% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 119.02% |
Correlation
The correlation between SAABY and TSM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.06 |
Fundamentals
SAABY:
$30.33B
TSM:
$2.21T
SAABY:
$5.98
TSM:
$373.98
SAABY:
4.69
TSM:
1.14
SAABY:
0.14
TSM:
0.03
SAABY:
0.37
TSM:
0.54
SAABY:
0.68
TSM:
0.38
SAABY:
$82.29B
TSM:
$4.13T
SAABY:
$17.87B
TSM:
$2.55T
SAABY:
$9.44B
TSM:
$3.14T
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Return for Risk
SAABY vs. TSM — Risk / Return Rank
SAABY
TSM
SAABY vs. TSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) 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.
| SAABY | TSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.44 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 6.13 | -5.95 |
| Martin ratioReturn relative to average drawdown | 0.45 | 21.94 | -21.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SAABY | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 3.06 | -2.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.85 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.37 | +0.40 |
Drawdowns
SAABY vs. TSM - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for SAABY and TSM.
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Drawdown Indicators
| SAABY | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -89.08% | +36.33% |
Max Drawdown (1Y)Largest decline over 1 year | -37.04% | -18.14% | -18.90% |
Max Drawdown (3Y)Largest decline over 3 years | -37.04% | -36.82% | -0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -56.47% | +19.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -30.86% | -4.45% | -26.41% |
Average DrawdownAverage peak-to-trough decline | -16.93% | -42.87% | +25.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.58% | 5.06% | +9.52% |
Volatility
SAABY vs. TSM - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 15.81% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.47%. This indicates that SAABY'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
| SAABY | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 12.47% | +3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 32.83% | 28.23% | +4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.42% | 36.40% | +13.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.99% | 37.40% | +9.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.54% | 34.20% | +23.34% |
Dividends
SAABY vs. TSM - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.42%, less than TSM's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.42% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.78% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
SAABY vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) 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
SAABY vs. TSM - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
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%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
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%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
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
SAABY and TSM have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAABY has higher volatility (15.81%) compared to TSM (12.47%). In terms of maximum drawdown, SAABY dropped -52.75% vs TSM's -89.08%.
TSM currently has the higher Sharpe Ratio (3.06 vs 0.13), 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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