TSM vs. MTSI
TSM (Taiwan Semiconductor Manufacturing Company Limited) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, TSM returned 35.80%/yr vs 26.08%/yr for MTSI. At a 0.46 correlation, their price movements are largely independent.
Performance
TSM vs. MTSI - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 40.22% return, which is significantly lower than MTSI's 121.78% return. Over the past 10 years, TSM has outperformed MTSI with an annualized return of 35.80%, while MTSI has yielded a comparatively lower 26.08% annualized return.
TSM
- 1D
- 0.68%
- 1M
- 5.09%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 103.01%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
MTSI
- 1D
- 1.36%
- 1M
- 1.14%
- YTD
- 121.78%
- 6M
- 114.19%
- 1Y
- 194.54%
- 3Y*
- 82.85%
- 5Y*
- 44.69%
- 10Y*
- 26.08%
TSM vs. MTSI - 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% |
MTSI MACOM Technology Solutions Holdings, Inc. | 121.78% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
Correlation
The correlation between TSM and MTSI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2012 | 0.46 |
The correlation between TSM and MTSI shifts across timeframes, from 0.45 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSM:
$2.20T
MTSI:
$29.30B
TSM:
NT$373.98
MTSI:
$2.33
TSM:
35.89
MTSI:
163.18
TSM:
1.03
MTSI:
0.24
TSM:
16.87
MTSI:
26.86
TSM:
11.82
MTSI:
20.67
TSM:
NT$4.13T
MTSI:
$1.07B
TSM:
NT$2.55T
MTSI:
$594.25M
TSM:
NT$3.14T
MTSI:
$245.21M
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Return for Risk
TSM vs. MTSI — Risk / Return Rank
TSM
MTSI
TSM vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and MACOM Technology Solutions Holdings, Inc. (MTSI). 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 | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.49 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | 9.54 | -4.06 |
| Martin ratioReturn relative to average drawdown | 19.42 | 24.62 | -5.20 |
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Drawdowns
TSM vs. MTSI - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than MTSI's maximum drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for TSM and MTSI.
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Drawdown Indicators
| TSM | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -80.78% | -8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -19.74% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -41.09% | +4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -44.86% | -11.61% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -80.78% | +24.31% |
Current DrawdownCurrent decline from peak | -4.87% | -7.28% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -26.20% | -16.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 7.64% | -2.53% |
Volatility
TSM vs. MTSI - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 13.42%, while MACOM Technology Solutions Holdings, Inc. (MTSI) has a volatility of 20.31%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than MTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 20.31% | -6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 28.65% | 40.72% | -12.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.69% | 50.86% | -14.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.46% | 43.70% | -6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 52.43% | -18.20% |
Dividends
TSM vs. MTSI - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.83%, while MTSI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTSI MACOM Technology Solutions Holdings, 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% |
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. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and MACOM Technology Solutions Holdings, 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.
Total Revenue: Total amount of money received from sales and other business activities
TSM vs. MTSI - Profitability Comparison
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a gross profit of 759.06B and revenue of 1.15T. Therefore, the gross margin over that period was 66.3%.
MTSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a gross profit of 164.43M and revenue of 288.96M. Therefore, the gross margin over that period was 56.9%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported an operating income of 664.08B and revenue of 1.15T, resulting in an operating margin of 58.0%.
MTSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported an operating income of 50.83M and revenue of 288.96M, resulting in an operating margin of 17.6%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Taiwan Semiconductor Manufacturing Company Limited reported a net income of 578.40B and revenue of 1.15T, resulting in a net margin of 50.5%.
MTSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a net income of 46.33M and revenue of 288.96M, resulting in a net margin of 16.0%.
Frequently Asked Questions
TSM and MTSI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTSI has higher volatility (20.31%) compared to TSM (13.42%). In terms of maximum drawdown, TSM dropped -89.08% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (3.70 vs 2.71), 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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