TSM vs. BNB-USD
TSM (Taiwan Semiconductor Manufacturing Company Limited) is a stock, while BNB-USD (BNB) is a cryptocurrency. Over the past 5 years, TSM returned 31.30%/yr vs 10.55%/yr for BNB-USD. At a 0.13 correlation, their price movements are largely independent.
Performance
TSM vs. BNB-USD - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 40.22% return, which is significantly higher than BNB-USD's -29.49% return.
TSM
- 1D
- 0.68%
- 1M
- 1.72%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 103.01%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
BNB-USD
- 1D
- 0.91%
- 1M
- -10.19%
- YTD
- -29.49%
- 6M
- -32.13%
- 1Y
- -7.11%
- 3Y*
- 36.86%
- 5Y*
- 10.55%
- 10Y*
- —
TSM vs. BNB-USD - 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% | -6.55% |
BNB-USD BNB | -29.49% | 23.21% | 124.36% | 26.83% | -51.86% | 1,277.47% | 170.06% | 126.63% | -29.71% | 320.60% |
Correlation
The correlation between TSM and BNB-USD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.13 |
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Return for Risk
TSM vs. BNB-USD — Risk / Return Rank
TSM
BNB-USD
TSM vs. BNB-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and BNB (BNB-USD). 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 | BNB-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.84 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.02 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | -0.13 | +5.61 |
| Martin ratioReturn relative to average drawdown | 19.42 | -0.20 | +19.63 |
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Drawdowns
TSM vs. BNB-USD - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than BNB-USD's maximum drawdown of -79.74%. Use the drawdown chart below to compare losses from any high point for TSM and BNB-USD.
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Drawdown Indicators
| TSM | BNB-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -79.74% | -9.34% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -56.24% | +38.10% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -56.24% | +19.42% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -69.89% | +13.42% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | — | — |
Current DrawdownCurrent decline from peak | -4.87% | -53.42% | +48.55% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -38.71% | -4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 42.27% | -37.16% |
Volatility
TSM vs. BNB-USD - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 13.42%, while BNB (BNB-USD) has a volatility of 17.28%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than BNB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | BNB-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 17.28% | -3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 28.65% | 34.73% | -6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.69% | 44.38% | -7.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.46% | 50.42% | -12.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 80.06% | -45.83% |
Frequently Asked Questions
TSM and BNB-USD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNB-USD has higher volatility (17.28%) compared to TSM (13.42%). In terms of maximum drawdown, TSM dropped -89.08% vs BNB-USD's -79.74%.
TSM currently has the higher Sharpe Ratio (2.71 vs -0.13), 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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