TSM vs. BAJFINANCE.NS
TSM (Taiwan Semiconductor Manufacturing Company Limited) and BAJFINANCE.NS (Bajaj Finance Limited) are both stocks. TSM operates in Semiconductors (Technology), while BAJFINANCE.NS operates in Credit Services (Financial Services). Over the past 10 years, TSM returned 35.80%/yr vs 25.44%/yr for BAJFINANCE.NS. At a 0.16 correlation, their price movements are largely independent.
Performance
TSM vs. BAJFINANCE.NS - Performance Comparison
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Different Trading Currencies
TSM is traded in USD, while BAJFINANCE.NS is traded in INR. To make them comparable, the BAJFINANCE.NS values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TSM achieves a 40.22% return, which is significantly higher than BAJFINANCE.NS's -12.10% return. Over the past 10 years, TSM has outperformed BAJFINANCE.NS with an annualized return of 35.80%, while BAJFINANCE.NS has yielded a comparatively lower 25.44% annualized return.
TSM
- 1D
- 0.68%
- 1M
- 6.28%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 98.93%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
BAJFINANCE.NS
- 1D
- 5.53%
- 1M
- 3.06%
- YTD
- -12.10%
- 6M
- -14.08%
- 1Y
- -11.71%
- 3Y*
- 4.56%
- 5Y*
- 3.78%
- 10Y*
- 25.44%
TSM vs. BAJFINANCE.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.22% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
BAJFINANCE.NS Bajaj Finance Limited | -12.10% | 39.44% | -8.53% | 11.82% | -14.57% | 29.58% | 22.90% | 56.63% | 38.45% | 134.11% |
Correlation
The correlation between TSM and BAJFINANCE.NS is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.16 |
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Return for Risk
TSM vs. BAJFINANCE.NS — Risk / Return Rank
TSM
BAJFINANCE.NS
TSM vs. BAJFINANCE.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Bajaj Finance Limited (BAJFINANCE.NS). 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 | BAJFINANCE.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.10 | ||
| Sortino ratioReturn per unit of downside risk | +3.68 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.95 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | -0.38 | +5.86 |
| Martin ratioReturn relative to average drawdown | 19.42 | -0.82 | +20.25 |
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Drawdowns
TSM vs. BAJFINANCE.NS - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, roughly equal to the maximum BAJFINANCE.NS drawdown of -92.95%. Use the drawdown chart below to compare losses from any high point for TSM and BAJFINANCE.NS.
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Drawdown Indicators
| TSM | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -92.95% | +3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -31.79% | +13.65% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -31.79% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -36.66% | -19.81% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -64.28% | +7.81% |
Current DrawdownCurrent decline from peak | -4.87% | -22.56% | +17.69% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -19.22% | -23.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 14.41% | -9.30% |
Volatility
TSM vs. BAJFINANCE.NS - Volatility Comparison
Taiwan Semiconductor Manufacturing Company Limited (TSM) has a higher volatility of 13.42% compared to Bajaj Finance Limited (BAJFINANCE.NS) at 9.21%. This indicates that TSM's price experiences larger fluctuations and is considered to be riskier than BAJFINANCE.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 9.21% | +4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 28.65% | 23.92% | +4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.69% | 30.54% | +6.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.46% | 29.03% | +8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 37.11% | -2.88% |
Dividends
TSM vs. BAJFINANCE.NS - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.83%, while BAJFINANCE.NS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAJFINANCE.NS Bajaj Finance Limited | 0.00% | 1.13% | 1.06% | 0.82% | 0.61% | 0.29% | 0.38% | 0.28% | 0.30% | 4.10% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.83% | 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. BAJFINANCE.NS - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Bajaj Finance Limited. 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
Frequently Asked Questions
TSM and BAJFINANCE.NS have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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