TCLHF vs. ASMIY

Last updated Jun 4, 2026

TCLHF (TCL Electronics Holdings Limited) and ASMIY (ASM International NV ADR) are both stocks. Both are in the Technology sector — TCLHF in Consumer Electronics, ASMIY in Semiconductor Equipment & Materials. Over the past 10 years, TCLHF returned 14.80%/yr vs 41.09%/yr for ASMIY. At a 0.03 correlation, their price movements are largely independent.

Performance

TCLHF vs. ASMIY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCL Electronics Holdings Limited (TCLHF) and ASM International NV ADR (ASMIY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCLHF achieves a 47.11% return, which is significantly lower than ASMIY's 73.31% return. Over the past 10 years, TCLHF has underperformed ASMIY with an annualized return of 14.80%, while ASMIY has yielded a comparatively higher 41.09% annualized return.

TCLHF

• 1D: 5.26%
• 1M: -4.76%
• YTD: 47.11%
• 6M: 58.73%
• 1Y: 47.51%
• 3Y*: 75.78%
• 5Y*: 26.64%
• 10Y*: 14.80%

ASMIY

• 1D: 0.41%
• 1M: 7.88%
• YTD: 73.31%
• 6M: 79.16%
• 1Y: 88.41%
• 3Y*: 35.15%
• 5Y*: 26.89%
• 10Y*: 41.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TCLHF vs. ASMIY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCLHF TCL Electronics Holdings Limited	47.11%	74.10%	167.22%	-19.67%	-21.86%	-32.28%	71.60%	28.57%	-21.02%	1.03%
ASMIY ASM International NV ADR	73.31%	6.62%	10.11%	105.57%	-42.49%	109.33%	94.36%	196.39%	-36.06%	55.48%

Correlation

The correlation between TCLHF and ASMIY is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.03

Fundamentals

Market Cap TCLHF : $5.04B ASMIY : $51.17B
EPS TCLHF : $1.21 ASMIY : $20.11
PE Ratio TCLHF : 1.66 ASMIY : 51.83
PEG Ratio TCLHF : 0.04 ASMIY : 3.32
PS Ratio TCLHF : 0.04 ASMIY : 16.07
PB Ratio TCLHF : 0.26 ASMIY : 11.93
Total Revenue (TTM) TCLHF : $141.48B ASMIY : $3.19B
Gross Profit (TTM) TCLHF : $21.80B ASMIY : $1.65B
EBITDA (TTM) TCLHF : $4.46B ASMIY : $1.41B

Return for Risk

TCLHF vs. ASMIY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCLHF

TCLHF Risk / Return Rank: 67
TCLHF Sharpe Ratio Rank: 57
TCLHF Sortino Ratio Rank: 63
TCLHF Omega Ratio Rank: 72
TCLHF Calmar Ratio Rank: 71
TCLHF Martin Ratio Rank: 70

ASMIY

ASMIY Risk / Return Rank: 84
ASMIY Sharpe Ratio Rank: 88
ASMIY Sortino Ratio Rank: 84
ASMIY Omega Ratio Rank: 82
ASMIY Calmar Ratio Rank: 84
ASMIY Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCLHF vs. ASMIY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCL Electronics Holdings Limited (TCLHF) and ASM International NV ADR (ASMIY). 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.

	TCLHF	ASMIY	Difference
Sharpe ratio Return per unit of total volatility	0.47	2.05	-1.58
Sortino ratio Return per unit of downside risk	1.42	2.65	-1.23
Omega ratio Gain probability vs. loss probability	1.24	1.33	-0.09
Calmar ratio Return relative to maximum drawdown	1.67	3.28	-1.61
Martin ratio Return relative to average drawdown	3.86	8.02	-4.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCLHF vs. ASMIY - Sharpe Ratio Comparison

The current TCLHF Sharpe Ratio is 0.47, which is lower than the ASMIY Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of TCLHF and ASMIY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TCLHF	ASMIY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	2.05	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.58	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.97	-0.75
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.96	-0.88

Drawdowns

TCLHF vs. ASMIY - Drawdown Comparison

The maximum TCLHF drawdown since its inception was -92.31%, which is greater than ASMIY's maximum drawdown of -58.10%. Use the drawdown chart below to compare losses from any high point for TCLHF and ASMIY.

Drawdown Indicators

	TCLHF	ASMIY	Difference
Max Drawdown Largest peak-to-trough decline	-92.31%	-58.10%	-34.21%
Max Drawdown (1Y) Largest decline over 1 year	-28.67%	-27.14%	-1.53%
Max Drawdown (3Y) Largest decline over 3 years	-43.26%	-53.17%	+9.91%
Max Drawdown (5Y) Largest decline over 5 years	-54.15%	-58.10%	+3.95%
Max Drawdown (10Y) Largest decline over 10 years	-69.25%	-58.10%	-11.15%
Current Drawdown Current decline from peak	-5.21%	-0.83%	-4.38%
Average Drawdown Average peak-to-trough decline	-43.71%	-15.78%	-27.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.49%	11.06%	+1.43%

Volatility

TCLHF vs. ASMIY - Volatility Comparison

TCL Electronics Holdings Limited (TCLHF) has a higher volatility of 17.36% compared to ASM International NV ADR (ASMIY) at 12.88%. This indicates that TCLHF's price experiences larger fluctuations and is considered to be riskier than ASMIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCLHF	ASMIY	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.36%	12.88%	+4.48%
Volatility (6M) Calculated over the trailing 6-month period	68.78%	33.89%	+34.89%
Volatility (1Y) Calculated over the trailing 1-year period	101.41%	43.41%	+58.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.59%	46.42%	+29.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.62%	43.09%	+23.53%

Dividends

TCLHF vs. ASMIY - Dividend Comparison

TCLHF's dividend yield for the trailing twelve months is around 2.05%, more than ASMIY's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ASMIY ASM International NV ADR	0.36%	0.52%	0.53%	0.52%	1.08%	0.54%	0.85%	1.83%	14.04%	0.99%	1.52%
TCLHF TCL Electronics Holdings Limited	2.05%	3.02%	2.48%	5.16%	0.00%	2.94%	3.51%	5.32%	0.00%	0.00%	0.00%

Financials

TCLHF vs. ASMIY - Profitability Comparison

The chart below illustrates the profitability comparison between TCL Electronics Holdings Limited and ASM International NV ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TCLHF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TCL Electronics Holdings Limited reported a gross profit of 9.53B and revenue of 59.79B. Therefore, the gross margin over that period was 15.9%.

ASMIY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASM International NV ADR reported a gross profit of 459.90M and revenue of 862.50M. Therefore, the gross margin over that period was 53.3%.

TCLHF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TCL Electronics Holdings Limited reported an operating income of 1.77B and revenue of 59.79B, resulting in an operating margin of 3.0%.

ASMIY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASM International NV ADR reported an operating income of 278.20M and revenue of 862.50M, resulting in an operating margin of 32.3%.

TCLHF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TCL Electronics Holdings Limited reported a net income of 1.40B and revenue of 59.79B, resulting in a net margin of 2.4%.

ASMIY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASM International NV ADR reported a net income of 238.50M and revenue of 862.50M, resulting in a net margin of 27.7%.

Frequently Asked Questions

Can I hold both TCLHF and ASMIY in my portfolio?

TCLHF and ASMIY have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCLHF or ASMIY?

TCLHF has higher volatility (17.36%) compared to ASMIY (12.88%). In terms of maximum drawdown, TCLHF dropped -92.31% vs ASMIY's -58.10%.

Which has better risk-adjusted returns?

ASMIY currently has the higher Sharpe Ratio (2.05 vs 0.47), 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.