TSM vs. APH
TSM (Taiwan Semiconductor Manufacturing Company Limited) and APH (Amphenol Corporation) are both stocks. Both are in the Technology sector — TSM in Semiconductors, APH in Electronic Components. Over the past 10 years, TSM returned 33.46%/yr vs 28.28%/yr for APH. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
TSM vs. APH - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 33.71% return, which is significantly higher than APH's 19.33% return. Over the past 10 years, TSM has outperformed APH with an annualized return of 33.46%, while APH has yielded a comparatively lower 28.28% annualized return.
TSM
- 1D
- 0.23%
- 1M
- -9.00%
- 6M
- 22.92%
- YTD
- 33.71%
- 1Y
- 69.13%
- 3Y*
- 62.43%
- 5Y*
- 30.32%
- 10Y*
- 33.46%
- ALL TIME*
- 16.20%
APH
- 1D
- 0.55%
- 1M
- -6.69%
- 6M
- 11.92%
- YTD
- 19.33%
- 1Y
- 51.91%
- 3Y*
- 54.89%
- 5Y*
- 35.99%
- 10Y*
- 28.28%
- ALL TIME*
- 22.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.19B | $1.10B | $1.42B | |
| $6.03B | $6.30B | $6.05B |
TSM vs. APH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.71% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
APH Amphenol Corporation | 19.33% | 96.08% | 41.30% | 31.85% | -11.96% | 35.25% | 22.09% | 34.91% | -6.82% | 31.81% |
Correlation
The correlation between TSM and APH is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 1997 | 0.47 |
The correlation between TSM and APH shifts across timeframes, from 0.47 (all time) to 0.58 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSM:
$2.10T
APH:
$197.70B
TSM:
NT$432.27
APH:
$4.00
TSM:
30.30
APH:
40.15
TSM:
0.84
APH:
1.34
TSM:
15.26
APH:
7.13
TSM:
10.56
APH:
13.38
TSM:
NT$4.45T
APH:
$29.01B
TSM:
NT$2.86T
APH:
$11.17B
TSM:
NT$3.20T
APH:
$9.37B
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Return for Risk
TSM vs. APH — Risk / Return Rank
TSM
APH
TSM vs. APH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Amphenol Corporation (APH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSM | APH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.22 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 1.85 | +1.37 |
| Martin ratioReturn relative to average drawdown | 10.80 | 4.55 | +6.24 |
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Drawdowns
TSM vs. APH - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than APH's maximum drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for TSM and APH.
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Drawdown Indicators
| TSM | APH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -63.41% | -25.67% |
Max Drawdown (1Y)Largest decline over 1 year | -21.55% | -28.19% | +6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -28.19% | -8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -28.73% | -27.74% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -37.56% | -18.91% |
Current DrawdownCurrent decline from peak | -15.35% | -8.86% | -6.49% |
Average DrawdownAverage peak-to-trough decline | -42.69% | -13.54% | -29.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.43% | 11.44% | -5.01% |
Volatility
TSM vs. APH - Volatility Comparison
Taiwan Semiconductor Manufacturing Company Limited (TSM) and Amphenol Corporation (APH) have volatilities of 13.76% and 13.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | APH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.76% | 13.69% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 33.07% | 35.63% | -2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.75% | 44.23% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.35% | 31.52% | +6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.75% | 28.33% | +6.42% |
Dividends
TSM vs. APH - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.87%, more than APH's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APH Amphenol Corporation | 0.57% | 0.55% | 0.79% | 1.07% | 1.06% | 0.89% | 0.80% | 0.89% | 1.09% | 0.80% | 0.86% | 1.01% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.87% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Financials
TSM vs. APH - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Amphenol Corporation. 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
TSM vs. APH - Profitability Comparison
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 860.31B and revenue of 1.27T. Therefore, the gross margin over that period was 67.7%.
APH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported a gross profit of 3.55B and revenue of 8.76B. Therefore, the gross margin over that period was 40.5%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 766.60B and revenue of 1.27T, resulting in an operating margin of 60.3%.
APH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported an operating income of 2.58B and revenue of 8.76B, resulting in an operating margin of 29.5%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 706.56B and revenue of 1.27T, resulting in a net margin of 55.6%.
APH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported a net income of 1.77B and revenue of 8.76B, resulting in a net margin of 20.2%.
Frequently Asked Questions
TSM and APH have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (13.76%) compared to APH (13.69%). In terms of maximum drawdown, TSM dropped -89.08% vs APH's -63.41%.
TSM currently has the higher Sharpe Ratio (1.71 vs 1.18), 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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