TCMD vs. UMC

Last updated Jun 3, 2026

TCMD (Tactile Systems Technology, Inc.) and UMC (United Microelectronics Corporation) are both stocks. TCMD operates in Medical Devices (Healthcare), while UMC operates in Semiconductors (Technology). Over the past 5 years, TCMD returned -13.59%/yr vs 25.39%/yr for UMC. At a 0.20 correlation, their price movements are largely independent.

Performance

TCMD vs. UMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tactile Systems Technology, Inc. (TCMD) and United Microelectronics Corporation (UMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCMD achieves a -15.83% return, which is significantly lower than UMC's 185.75% return.

TCMD

• 1D: 1.79%
• 1M: 6.64%
• YTD: -15.83%
• 6M: -6.65%
• 1Y: 146.81%
• 3Y*: 1.69%
• 5Y*: -13.59%
• 10Y*: —

UMC

• 1D: -1.88%
• 1M: 72.11%
• YTD: 185.75%
• 6M: 188.69%
• 1Y: 209.05%
• 3Y*: 48.17%
• 5Y*: 25.39%
• 10Y*: 34.16%

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

TCMD vs. UMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCMD Tactile Systems Technology, Inc.	-15.83%	69.29%	19.79%	24.56%	-39.67%	-57.65%	-33.43%	48.21%	57.18%	76.60%
UMC United Microelectronics Corporation	185.75%	28.65%	-19.01%	39.20%	-40.32%	43.16%	230.69%	56.10%	-21.85%	39.99%

Correlation

The correlation between TCMD and UMC is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.20

Fundamentals

Market Cap TCMD : $550.72M UMC : $11.30B
EPS TCMD : $0.89 UMC : $24.95
PE Ratio TCMD : 27.47 UMC : 0.90
PS Ratio TCMD : 1.62 UMC : 0.19
PB Ratio TCMD : 2.53 UMC : 0.03
Total Revenue (TTM) TCMD : $343.52M UMC : $240.73B
Gross Profit (TTM) TCMD : $254.06M UMC : $71.28B
EBITDA (TTM) TCMD : $38.53M UMC : $119.50B

Return for Risk

TCMD vs. UMC — Risk / Return Rank

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

TCMD

TCMD Risk / Return Rank: 91
TCMD Sharpe Ratio Rank: 90
TCMD Sortino Ratio Rank: 94
TCMD Omega Ratio Rank: 93
TCMD Calmar Ratio Rank: 89
TCMD Martin Ratio Rank: 89

UMC

UMC Risk / Return Rank: 96
UMC Sharpe Ratio Rank: 98
UMC Sortino Ratio Rank: 98
UMC Omega Ratio Rank: 96
UMC Calmar Ratio Rank: 94
UMC Martin Ratio Rank: 94

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.

TCMD vs. UMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) and United Microelectronics Corporation (UMC). 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.

	TCMD	UMC	Difference
Sharpe ratio Return per unit of total volatility	2.25	4.35	-2.10
Sortino ratio Return per unit of downside risk	4.01	5.17	-1.17
Omega ratio Gain probability vs. loss probability	1.50	1.65	-0.15
Calmar ratio Return relative to maximum drawdown	4.58	6.89	-2.31
Martin ratio Return relative to average drawdown	11.69	17.54	-5.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCMD vs. UMC - Sharpe Ratio Comparison

The current TCMD Sharpe Ratio is 2.25, which is lower than the UMC Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of TCMD and UMC, 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

	TCMD	UMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	4.35	-2.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.65	-0.87
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.18	-0.03

Drawdowns

TCMD vs. UMC - Drawdown Comparison

The maximum TCMD drawdown since its inception was -91.41%, which is greater than UMC's maximum drawdown of -72.52%. Use the drawdown chart below to compare losses from any high point for TCMD and UMC.

Drawdown Indicators

	TCMD	UMC	Difference
Max Drawdown Largest peak-to-trough decline	-91.41%	-72.52%	-18.89%
Max Drawdown (1Y) Largest decline over 1 year	-32.13%	-31.01%	-1.12%
Max Drawdown (3Y) Largest decline over 3 years	-63.25%	-36.00%	-27.25%
Max Drawdown (5Y) Largest decline over 5 years	-88.51%	-54.30%	-34.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.30%	—
Current Drawdown Current decline from peak	-68.00%	-1.88%	-66.12%
Average Drawdown Average peak-to-trough decline	-49.34%	-42.58%	-6.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.58%	12.17%	+0.41%

Volatility

TCMD vs. UMC - Volatility Comparison

The current volatility for Tactile Systems Technology, Inc. (TCMD) is 15.06%, while United Microelectronics Corporation (UMC) has a volatility of 19.06%. This indicates that TCMD experiences smaller price fluctuations and is considered to be less risky than UMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCMD	UMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.06%	19.06%	-4.00%
Volatility (6M) Calculated over the trailing 6-month period	35.80%	42.46%	-6.66%
Volatility (1Y) Calculated over the trailing 1-year period	65.76%	48.41%	+17.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.49%	39.49%	+21.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.63%	39.53%	+17.10%

Dividends

TCMD vs. UMC - Dividend Comparison

TCMD has not paid dividends to shareholders, while UMC's dividend yield for the trailing twelve months is around 2.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TCMD Tactile Systems Technology, 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%
UMC United Microelectronics Corporation	2.12%	6.06%	7.14%	6.93%	7.92%	2.44%	1.62%	3.51%	6.59%	2.41%	3.61%	3.15%

Financials

TCMD vs. UMC - Profitability Comparison

The chart below illustrates the profitability comparison between Tactile Systems Technology, Inc. and United Microelectronics Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TCMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported a gross profit of 51.71M and revenue of 75.27M. Therefore, the gross margin over that period was 68.7%.

UMC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United Microelectronics Corporation reported a gross profit of 17.82B and revenue of 61.04B. Therefore, the gross margin over that period was 29.2%.

TCMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported an operating income of -1.53M and revenue of 75.27M, resulting in an operating margin of -2.0%.

UMC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United Microelectronics Corporation reported an operating income of 11.22B and revenue of 61.04B, resulting in an operating margin of 18.4%.

TCMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported a net income of -1.76M and revenue of 75.27M, resulting in a net margin of -2.3%.

UMC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United Microelectronics Corporation reported a net income of 16.17B and revenue of 61.04B, resulting in a net margin of 26.5%.

Frequently Asked Questions

Can I hold both TCMD and UMC in my portfolio?

TCMD and UMC have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCMD or UMC?

UMC has higher volatility (19.06%) compared to TCMD (15.06%). In terms of maximum drawdown, TCMD dropped -91.41% vs UMC's -72.52%.

Which has better risk-adjusted returns?

UMC currently has the higher Sharpe Ratio (4.35 vs 2.25), 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.