TEA.AX vs. AVGO

Last updated Jun 5, 2026

TEA.AX (Tasmea Limited) and AVGO (Broadcom Inc.) are both stocks. TEA.AX operates in Engineering & Construction (Industrials), while AVGO operates in Semiconductors (Technology). Over the past year, TEA.AX returned 184.56% vs 38.07% for AVGO. At a 0.05 correlation, their price movements are largely independent.

Performance

TEA.AX vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Tasmea Limited (TEA.AX) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TEA.AX is traded in AUD, while AVGO is traded in USD. To make them comparable, the AVGO values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TEA.AX achieves a 96.17% return, which is significantly higher than AVGO's 5.76% return.

TEA.AX

• 1D: -0.61%
• 1M: 42.06%
• YTD: 96.17%
• 6M: 83.94%
• 1Y: 184.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGO

• 1D: -6.79%
• 1M: -6.87%
• YTD: 5.76%
• 6M: -6.50%
• 1Y: 38.07%
• 3Y*: 68.79%
• 5Y*: 58.05%
• 10Y*: 41.37%

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

TEA.AX vs. AVGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TEA.AX Tasmea Limited	96.17%	46.00%	88.65%
AVGO Broadcom Inc.	5.76%	39.70%	85.45%

Correlation

The correlation between TEA.AX and AVGO is 0.09, 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	0.09
Correlation (All Time) Calculated using the full available price history since Apr 30, 2024	0.05

Return for Risk

TEA.AX vs. AVGO — Risk / Return Rank

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

TEA.AX

TEA.AX Risk / Return Rank: 94
TEA.AX Sharpe Ratio Rank: 97
TEA.AX Sortino Ratio Rank: 95
TEA.AX Omega Ratio Rank: 93
TEA.AX Calmar Ratio Rank: 92
TEA.AX Martin Ratio Rank: 92

AVGO

AVGO Risk / Return Rank: 71
AVGO Sharpe Ratio Rank: 74
AVGO Sortino Ratio Rank: 69
AVGO Omega Ratio Rank: 68
AVGO Calmar Ratio Rank: 71
AVGO Martin Ratio Rank: 72

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.

TEA.AX vs. AVGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tasmea Limited (TEA.AX) and Broadcom Inc. (AVGO). 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.

	TEA.AX	AVGO	Difference
Sharpe ratio: Return per unit of total volatility	3.70	0.88	+2.82
Sortino ratio: Return per unit of downside risk	4.12	1.42	+2.69
Omega ratio: Gain probability vs. loss probability	1.51	1.19	+0.32
Calmar ratio: Return relative to maximum drawdown	5.30	1.26	+4.04
Martin ratio: Return relative to average drawdown	13.95	2.82	+11.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEA.AX vs. AVGO - Sharpe Ratio Comparison

The current TEA.AX Sharpe Ratio is 3.70, which is higher than the AVGO Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of TEA.AX and AVGO, 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

	TEA.AX	AVGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.70	0.88	+2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.49	1.17	+1.32

Drawdowns

TEA.AX vs. AVGO - Drawdown Comparison

The maximum TEA.AX drawdown since its inception was -33.21%, smaller than the maximum AVGO drawdown of -39.83%. Use the drawdown chart below to compare losses from any high point for TEA.AX and AVGO.

Drawdown Indicators

	TEA.AX	AVGO	Difference
Max Drawdown Largest peak-to-trough decline	-33.21%	-39.83%	+6.62%
Max Drawdown (1Y) Largest decline over 1 year	-33.21%	-30.47%	-2.74%
Max Drawdown (3Y) Largest decline over 3 years	—	-38.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.83%	—
Current Drawdown Current decline from peak	-0.61%	-18.57%	+17.96%
Average Drawdown Average peak-to-trough decline	-8.81%	-7.66%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.67%	13.57%	-0.90%

Volatility

TEA.AX vs. AVGO - Volatility Comparison

The current volatility for Tasmea Limited (TEA.AX) is 17.65%, while Broadcom Inc. (AVGO) has a volatility of 19.19%. This indicates that TEA.AX experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEA.AX	AVGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.65%	19.19%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	36.65%	32.88%	+3.77%
Volatility (1Y) Calculated over the trailing 1-year period	47.57%	43.37%	+4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.98%	41.24%	+7.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.98%	37.72%	+11.26%

Dividends

TEA.AX vs. AVGO - Dividend Comparison

TEA.AX's dividend yield for the trailing twelve months is around 2.95%, more than AVGO's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGO Broadcom Inc.	0.64%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
TEA.AX Tasmea Limited	2.95%	5.46%	2.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TEA.AX and AVGO in my portfolio?

TEA.AX and AVGO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.