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TSM vs. IS3S.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TSM vs. IS3S.DE

Last updated Jun 13, 2026

TSM (Taiwan Semiconductor Manufacturing Company Limited) is a stock, while IS3S.DE (iShares Edge MSCI World Value Factor UCITS ETF) is Global Equities fund tracking the MSCI World Enhanced Value. Over the past 10 years, TSM returned 35.80%/yr vs 13.34%/yr for IS3S.DE. At a 0.39 correlation, their price movements are largely independent.

Performance

TSM vs. IS3S.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taiwan Semiconductor Manufacturing Company Limited (TSM) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

TSM is traded in USD, while IS3S.DE is traded in EUR. To make them comparable, the IS3S.DE 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 IS3S.DE's 32.61% return. Over the past 10 years, TSM has outperformed IS3S.DE with an annualized return of 35.80%, while IS3S.DE has yielded a comparatively lower 13.34% annualized 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%

IS3S.DE

1D
2.78%
1M
4.65%
YTD
32.61%
6M
35.27%
1Y
63.36%
3Y*
28.40%
5Y*
16.11%
10Y*
13.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSM vs. IS3S.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
IS3S.DE
iShares Edge MSCI World Value Factor UCITS ETF		32.61%41.27%5.00%19.27%-10.05%20.07%-3.98%19.43%-14.53%22.88%

Correlation

The correlation between TSM and IS3S.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.44

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (10Y)
Calculated over the trailing 10-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Oct 6, 2014

0.39

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Taiwan Semiconductor Manufacturing Company Limited

iShares Edge MSCI World Value Factor UCITS ETF

Often compared with TSM:
TSM vs. NVDATSM vs. ASMLTSM vs. AMDTSM vs. QQQTSM vs. SPYTSM vs. GOOGTSM vs. V
Often compared with IS3S.DE:
IS3S.DE vs. XDEM.DEIS3S.DE vs. AVLVIS3S.DE vs. QDVX.DEIS3S.DE vs. IUSQ.DEIS3S.DE vs. SPWOIS3S.DE vs. GACA.DEIS3S.DE vs. AVUV

Return for Risk

TSM vs. IS3S.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TSM
TSM Risk / Return Rank: 9393
Overall Rank
TSM Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
TSM Sortino Ratio Rank: 9292
Sortino Ratio Rank
TSM Omega Ratio Rank: 9090
Omega Ratio Rank
TSM Calmar Ratio Rank: 9494
Calmar Ratio Rank
TSM Martin Ratio Rank: 9696
Martin Ratio Rank
IS3S.DE
IS3S.DE Risk / Return Rank: 9797
Overall Rank
IS3S.DE Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
IS3S.DE Sortino Ratio Rank: 9797
Sortino Ratio Rank
IS3S.DE Omega Ratio Rank: 9696
Omega Ratio Rank
IS3S.DE Calmar Ratio Rank: 9797
Calmar Ratio Rank
IS3S.DE Martin Ratio Rank: 9797
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. IS3S.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE). 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.

TSMIS3S.DEDifference
Sharpe ratioReturn per unit of total volatility
2.71
3.98

-1.27

Sortino ratioReturn per unit of downside risk
3.30
5.39

-2.09

Omega ratioGain probability vs. loss probability

1.40

1.70

-0.30

Calmar ratioReturn relative to maximum drawdown

5.48

7.30

-1.82

Martin ratioReturn relative to average drawdown

19.42

26.46

-7.03

TSM vs. IS3S.DE - Sharpe Ratio Comparison

The current TSM Sharpe Ratio is 2.71, which is lower than the IS3S.DE Sharpe Ratio of 3.98. The chart below compares the historical Sharpe Ratios of TSM and IS3S.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TSM vs. IS3S.DE - Drawdown Comparison

The maximum TSM drawdown since its inception was -89.08%, which is greater than IS3S.DE's maximum drawdown of -39.27%. Use the drawdown chart below to compare losses from any high point for TSM and IS3S.DE.

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Drawdown Indicators

TSMIS3S.DEDifference

Max Drawdown

Largest peak-to-trough decline

-89.08%

-39.27%

-49.81%

Max Drawdown (1Y)

Largest decline over 1 year

-18.14%

-8.49%

-9.65%

Max Drawdown (3Y)

Largest decline over 3 years

-36.82%

-15.59%

-21.23%

Max Drawdown (5Y)

Largest decline over 5 years

-56.47%

-26.37%

-30.10%

Max Drawdown (10Y)

Largest decline over 10 years

-56.47%

-39.27%

-17.20%

Current Drawdown

Current decline from peak

-4.87%

-1.73%

-3.14%

Average Drawdown

Average peak-to-trough decline

-42.85%

-10.71%

-32.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.11%

2.35%

+2.76%

Volatility

TSM vs. IS3S.DE - Volatility Comparison

Taiwan Semiconductor Manufacturing Company Limited (TSM) has a higher volatility of 13.42% compared to iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) at 6.30%. This indicates that TSM's price experiences larger fluctuations and is considered to be riskier than IS3S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TSMIS3S.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.42%

6.30%

+7.12%

Volatility (6M)

Calculated over the trailing 6-month period

28.65%

12.87%

+15.78%

Volatility (1Y)

Calculated over the trailing 1-year period

36.69%

15.56%

+21.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.46%

15.89%

+21.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.23%

17.65%

+16.58%

Dividends

TSM vs. IS3S.DE - Dividend Comparison

TSM's dividend yield for the trailing twelve months is around 0.83%, while IS3S.DE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IS3S.DE
iShares Edge MSCI World Value Factor UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%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%

Frequently Asked Questions

TSM and IS3S.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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