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TSM vs. SOL-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

TSM vs. SOL-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taiwan Semiconductor Manufacturing Company Limited (TSM) and Solana (SOL-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TSM achieves a 40.22% return, which is significantly higher than SOL-USD's -44.76% 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%

SOL-USD

1D
0.85%
1M
-25.39%
YTD
-44.76%
6M
-48.38%
1Y
-53.76%
3Y*
68.07%
5Y*
12.17%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSM vs. SOL-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
TSM
Taiwan Semiconductor Manufacturing Company Limited
40.22%55.91%92.58%42.33%-36.75%12.09%129.44%
SOL-USD
Solana
-44.76%-34.09%85.68%919.96%-94.13%11,143.63%81.60%

Correlation

The correlation between TSM and SOL-USD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.23

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

0.18

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

0.21

Correlation (All Time)
Calculated using the full available price history since Apr 10, 2020

0.17

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Return for Risk

TSM vs. SOL-USD — 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

SOL-USD
SOL-USD Risk / Return Rank: 5151
Overall Rank
SOL-USD Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
SOL-USD Sortino Ratio Rank: 5151
Sortino Ratio Rank
SOL-USD Omega Ratio Rank: 5252
Omega Ratio Rank
SOL-USD Calmar Ratio Rank: 6060
Calmar Ratio Rank
SOL-USD Martin Ratio Rank: 5151
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. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Solana (SOL-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.


TSMSOL-USDDifference
Sharpe ratioReturn per unit of total volatility

+3.46

Sortino ratioReturn per unit of downside risk

+4.28

Omega ratioGain probability vs. loss probability

1.40

0.91

+0.49

Calmar ratioReturn relative to maximum drawdown

5.48

-0.72

+6.20

Martin ratioReturn relative to average drawdown

19.42

-1.16

+20.58

TSM vs. SOL-USD - Sharpe Ratio Comparison

The current TSM Sharpe Ratio is 2.71, which is higher than the SOL-USD Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of TSM and SOL-USD, 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. SOL-USD - Drawdown Comparison

The maximum TSM drawdown since its inception was -89.08%, smaller than the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for TSM and SOL-USD.


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Drawdown Indicators


TSMSOL-USDDifference

Max Drawdown

Largest peak-to-trough decline

-89.08%

-96.27%

+7.19%

Max Drawdown (1Y)

Largest decline over 1 year

-18.14%

-74.89%

+56.75%

Max Drawdown (3Y)

Largest decline over 3 years

-36.82%

-76.28%

+39.46%

Max Drawdown (5Y)

Largest decline over 5 years

-56.47%

-96.27%

+39.80%

Max Drawdown (10Y)

Largest decline over 10 years

-56.47%

Current Drawdown

Current decline from peak

-4.87%

-73.76%

+68.89%

Average Drawdown

Average peak-to-trough decline

-42.85%

-51.42%

+8.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.11%

53.06%

-47.95%

Volatility

TSM vs. SOL-USD - Volatility Comparison

The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 13.42%, while Solana (SOL-USD) has a volatility of 17.62%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSMSOL-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.42%

17.62%

-4.20%

Volatility (6M)

Calculated over the trailing 6-month period

28.65%

46.90%

-18.25%

Volatility (1Y)

Calculated over the trailing 1-year period

36.69%

60.08%

-23.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.46%

82.35%

-44.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.23%

99.82%

-65.59%

Frequently Asked Questions


TSM and SOL-USD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOL-USD has higher volatility (17.62%) compared to TSM (13.42%). In terms of maximum drawdown, TSM dropped -89.08% vs SOL-USD's -96.27%.

TSM currently has the higher Sharpe Ratio (2.71 vs -0.74), 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.

Portfolio Optimizer

Find the right allocation for TSM and SOL-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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