TSM vs. NVT
TSM (Taiwan Semiconductor Manufacturing Company Limited) and NVT (nVent Electric plc) are both stocks. TSM operates in Semiconductors (Technology), while NVT operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, TSM returned 30.32%/yr vs 39.10%/yr for NVT. Their 0.44 correlation means their historical movements had little consistent relationship.
Performance
TSM vs. NVT - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 33.71% return, which is significantly lower than NVT's 51.57% 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%
NVT
- 1D
- 6.24%
- 1M
- -3.72%
- 6M
- 37.41%
- YTD
- 51.57%
- 1Y
- 97.47%
- 3Y*
- 42.62%
- 5Y*
- 39.10%
- 10Y*
- —
- ALL TIME*
- 29.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $373.02M | $340.45M | $350.68M | |
| $6.03B | $6.30B | $6.05B |
TSM vs. NVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.71% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -0.49% |
NVT nVent Electric plc | 51.57% | 51.27% | 16.63% | 55.98% | 3.32% | 67.15% | -5.68% | 17.24% | 7.52% |
Correlation
The correlation between TSM and NVT is 0.56, 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. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.44 |
The correlation between TSM and NVT shifts across timeframes, from 0.44 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TSM:
$2.10T
NVT:
$24.88B
TSM:
NT$432.27
NVT:
$3.63
TSM:
30.30
NVT:
42.34
TSM:
0.84
NVT:
1.02
TSM:
15.26
NVT:
5.23
TSM:
10.56
NVT:
6.33
TSM:
NT$4.45T
NVT:
$4.83B
TSM:
NT$2.86T
NVT:
$1.79B
TSM:
NT$3.20T
NVT:
$1.01B
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Return for Risk
TSM vs. NVT — Risk / Return Rank
TSM
NVT
TSM vs. NVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and nVent Electric plc (NVT). 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 | NVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.34 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 3.57 | -0.35 |
| Martin ratioReturn relative to average drawdown | 10.80 | 13.66 | -2.86 |
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Drawdowns
TSM vs. NVT - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than NVT's maximum drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for TSM and NVT.
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Drawdown Indicators
| TSM | NVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -56.18% | -32.90% |
Max Drawdown (1Y)Largest decline over 1 year | -21.55% | -27.42% | +5.87% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -46.67% | +9.85% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -46.67% | -9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | — | — |
Current DrawdownCurrent decline from peak | -15.35% | -16.44% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -42.69% | -11.83% | -30.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.43% | 7.16% | -0.73% |
Volatility
TSM vs. NVT - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 13.76%, while nVent Electric plc (NVT) has a volatility of 16.96%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than NVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | NVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.76% | 16.96% | -3.20% |
Volatility (6M)Calculated over the trailing 6-month period | 33.07% | 36.03% | -2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.75% | 45.95% | -5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.35% | 37.09% | +1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.75% | 38.93% | -4.18% |
Dividends
TSM vs. NVT - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.87%, more than NVT's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVT nVent Electric plc | 0.54% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% | 0.00% | 0.00% | 0.00% |
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. NVT - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and nVent Electric plc. 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. NVT - 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%.
NVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported a gross profit of 558.00M and revenue of 1.47B. Therefore, the gross margin over that period was 37.9%.
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%.
NVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported an operating income of 300.70M and revenue of 1.47B, resulting in an operating margin of 20.4%.
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%.
NVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, nVent Electric plc reported a net income of 215.90M and revenue of 1.47B, resulting in a net margin of 14.7%.
Frequently Asked Questions
TSM and NVT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVT has higher volatility (16.96%) compared to TSM (13.76%). In terms of maximum drawdown, TSM dropped -89.08% vs NVT's -56.18%.
NVT currently has the higher Sharpe Ratio (2.13 vs 1.71), 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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