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TSM vs. ADBE
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

TSM vs. ADBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taiwan Semiconductor Manufacturing Company Limited (TSM) and Adobe Inc (ADBE). The values are adjusted to include any dividend payments, if applicable.

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TSM vs. ADBE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TSM
Taiwan Semiconductor Manufacturing Company Limited
12.69%55.91%92.58%42.33%-36.75%12.09%92.67%64.85%-3.50%41.46%
ADBE
Adobe Inc
-31.04%-21.29%-25.46%77.28%-40.65%13.38%51.64%45.78%29.10%70.22%

Fundamentals

Market Cap

TSM:

$1.77T

ADBE:

$99.20B

EPS

TSM:

$332.18

ADBE:

$17.05

PE Ratio

TSM:

1.03

ADBE:

14.16

PEG Ratio

TSM:

0.03

ADBE:

1.00

PS Ratio

TSM:

0.46

ADBE:

4.17

PB Ratio

TSM:

0.33

ADBE:

8.68

Total Revenue (TTM)

TSM:

$3.82T

ADBE:

$24.45B

Gross Profit (TTM)

TSM:

$2.29T

ADBE:

$21.82B

EBITDA (TTM)

TSM:

$2.90T

ADBE:

$9.71B

Returns By Period

In the year-to-date period, TSM achieves a 12.69% return, which is significantly higher than ADBE's -31.04% return. Over the past 10 years, TSM has outperformed ADBE with an annualized return of 32.58%, while ADBE has yielded a comparatively lower 9.75% annualized return.


TSM

1D
1.05%
1M
-7.22%
YTD
12.69%
6M
19.02%
1Y
104.95%
3Y*
56.55%
5Y*
24.34%
10Y*
32.58%

ADBE

1D
-0.70%
1M
-7.48%
YTD
-31.04%
6M
-29.78%
1Y
-37.01%
3Y*
-14.44%
5Y*
-12.97%
10Y*
9.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

TSM vs. ADBE — Risk / Return Rank

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

TSM
TSM Risk / Return Rank: 9494
Overall Rank
TSM Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
TSM Sortino Ratio Rank: 9393
Sortino Ratio Rank
TSM Omega Ratio Rank: 9191
Omega Ratio Rank
TSM Calmar Ratio Rank: 9595
Calmar Ratio Rank
TSM Martin Ratio Rank: 9797
Martin Ratio Rank

ADBE
ADBE Risk / Return Rank: 55
Overall Rank
ADBE Sharpe Ratio Rank: 22
Sharpe Ratio Rank
ADBE Sortino Ratio Rank: 44
Sortino Ratio Rank
ADBE Omega Ratio Rank: 55
Omega Ratio Rank
ADBE Calmar Ratio Rank: 1010
Calmar Ratio Rank
ADBE Martin Ratio Rank: 44
Martin Ratio Rank
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.

TSM vs. ADBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Adobe Inc (ADBE). 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.


TSMADBEDifference

Sharpe ratio

Return per unit of total volatility

2.74

-1.20

+3.93

Sortino ratio

Return per unit of downside risk

3.30

-1.69

+4.99

Omega ratio

Gain probability vs. loss probability

1.42

0.79

+0.63

Calmar ratio

Return relative to maximum drawdown

5.96

-0.84

+6.80

Martin ratio

Return relative to average drawdown

20.06

-1.72

+21.79

TSM vs. ADBE - Sharpe Ratio Comparison

The current TSM Sharpe Ratio is 2.74, which is higher than the ADBE Sharpe Ratio of -1.20. The chart below compares the historical Sharpe Ratios of TSM and ADBE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TSMADBEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.74

-1.20

+3.93

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

-0.37

+1.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

0.29

+0.68

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.41

-0.06

Correlation

The correlation between TSM and ADBE is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

TSM vs. ADBE - Dividend Comparison

TSM's dividend yield for the trailing twelve months is around 0.97%, while ADBE has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
TSM
Taiwan Semiconductor Manufacturing Company Limited
0.97%1.00%1.18%1.78%2.49%1.57%1.56%3.46%3.64%2.32%2.61%2.54%
ADBE
Adobe 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%

Drawdowns

TSM vs. ADBE - Drawdown Comparison

The maximum TSM drawdown since its inception was -89.08%, which is greater than ADBE's maximum drawdown of -79.89%. Use the drawdown chart below to compare losses from any high point for TSM and ADBE.


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Drawdown Indicators


TSMADBEDifference

Max Drawdown

Largest peak-to-trough decline

-89.08%

-79.89%

-9.19%

Max Drawdown (1Y)

Largest decline over 1 year

-18.14%

-44.18%

+26.04%

Max Drawdown (5Y)

Largest decline over 5 years

-56.47%

-65.88%

+9.41%

Max Drawdown (10Y)

Largest decline over 10 years

-56.47%

-65.88%

+9.41%

Current Drawdown

Current decline from peak

-11.68%

-64.94%

+53.26%

Average Drawdown

Average peak-to-trough decline

-43.13%

-25.80%

-17.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.39%

21.49%

-16.10%

Volatility

TSM vs. ADBE - Volatility Comparison

Taiwan Semiconductor Manufacturing Company Limited (TSM) has a higher volatility of 13.87% compared to Adobe Inc (ADBE) at 11.21%. This indicates that TSM's price experiences larger fluctuations and is considered to be riskier than ADBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSMADBEDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.87%

11.21%

+2.66%

Volatility (6M)

Calculated over the trailing 6-month period

27.13%

23.64%

+3.49%

Volatility (1Y)

Calculated over the trailing 1-year period

38.60%

30.99%

+7.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.91%

35.52%

+1.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.85%

33.86%

-0.01%

Financials

TSM vs. ADBE - Financials Comparison

This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Adobe Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00B400.00B600.00B800.00B1.00TAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
1.06T
6.40B
(TSM) Total Revenue
(ADBE) Total Revenue
Values in USD except per share items

TSM vs. ADBE - Profitability Comparison

The chart below illustrates the profitability comparison between Taiwan Semiconductor Manufacturing Company Limited and Adobe Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

50.0%60.0%70.0%80.0%90.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
62.3%
89.6%
Portfolio components
TSM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 658.15B and revenue of 1.06T. Therefore, the gross margin over that period was 62.3%.

ADBE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported a gross profit of 5.73B and revenue of 6.40B. Therefore, the gross margin over that period was 89.6%.

TSM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 569.13B and revenue of 1.06T, resulting in an operating margin of 53.9%.

ADBE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported an operating income of 2.42B and revenue of 6.40B, resulting in an operating margin of 37.8%.

TSM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 510.52B and revenue of 1.06T, resulting in a net margin of 48.4%.

ADBE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported a net income of 1.89B and revenue of 6.40B, resulting in a net margin of 29.5%.