TSM vs. STRL
TSM (Taiwan Semiconductor Manufacturing Company Limited) and STRL (Sterling Construction Company, Inc.) are both stocks. TSM operates in Semiconductors (Technology), while STRL operates in Engineering & Construction (Industrials). Over the past 10 years, TSM returned 35.71%/yr vs 68.46%/yr for STRL. At a 0.22 correlation, their price movements are largely independent.
Performance
TSM vs. STRL - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 40.84% return, which is significantly lower than STRL's 191.24% return. Over the past 10 years, TSM has underperformed STRL with an annualized return of 35.71%, while STRL has yielded a comparatively higher 68.46% annualized return.
TSM
- 1D
- 2.80%
- 1M
- 3.67%
- YTD
- 40.84%
- 6M
- 42.15%
- 1Y
- 110.53%
- 3Y*
- 63.10%
- 5Y*
- 31.67%
- 10Y*
- 35.71%
STRL
- 1D
- 1.07%
- 1M
- 5.57%
- YTD
- 191.24%
- 6M
- 174.74%
- 1Y
- 332.96%
- 3Y*
- 155.47%
- 5Y*
- 104.86%
- 10Y*
- 68.46%
TSM vs. STRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.84% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
STRL Sterling Construction Company, Inc. | 191.24% | 81.79% | 91.57% | 168.08% | 24.71% | 41.32% | 32.17% | 29.29% | -33.11% | 92.43% |
Correlation
The correlation between TSM and STRL is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 1997 | 0.22 |
Over the past year, TSM and STRL have become more correlated (0.53) than their long-term average of 0.22, meaning their price movements have been converging.
Fundamentals
TSM:
$2.21T
STRL:
$27.68B
TSM:
$373.98
STRL:
$11.19
TSM:
1.14
STRL:
79.71
TSM:
0.03
STRL:
1.70
TSM:
0.54
STRL:
9.58
TSM:
0.38
STRL:
23.27
TSM:
$4.13T
STRL:
$2.88B
TSM:
$2.55T
STRL:
$664.66M
TSM:
$3.14T
STRL:
$429.99M
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Return for Risk
TSM vs. STRL — Risk / Return Rank
TSM
STRL
TSM vs. STRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Sterling Construction Company, Inc. (STRL). 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.
| TSM | STRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.56 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 6.13 | 10.82 | -4.69 |
| Martin ratioReturn relative to average drawdown | 21.94 | 30.19 | -8.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TSM | STRL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 4.13 | -1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 1.85 | -1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | 1.29 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.27 | +0.10 |
Drawdowns
TSM vs. STRL - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, roughly equal to the maximum STRL drawdown of -92.51%. Use the drawdown chart below to compare losses from any high point for TSM and STRL.
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Drawdown Indicators
| TSM | STRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -92.51% | +3.43% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -31.02% | +12.88% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -47.67% | +10.85% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -47.67% | -8.80% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -59.60% | +3.13% |
Current DrawdownCurrent decline from peak | -4.45% | -10.25% | +5.80% |
Average DrawdownAverage peak-to-trough decline | -42.87% | -46.31% | +3.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 11.09% | -6.03% |
Volatility
TSM vs. STRL - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 12.47%, while Sterling Construction Company, Inc. (STRL) has a volatility of 24.22%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than STRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | STRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.47% | 24.22% | -11.75% |
Volatility (6M)Calculated over the trailing 6-month period | 28.23% | 63.81% | -35.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.40% | 81.49% | -45.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.40% | 56.99% | -19.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.20% | 53.42% | -19.22% |
Dividends
TSM vs. STRL - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.78%, while STRL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STRL Sterling Construction Company, 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 | 0.78% | 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. STRL - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Sterling Construction Company, 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. STRL - 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%.
STRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a gross profit of 194.30M and revenue of 825.68M. Therefore, the gross margin over that period was 23.5%.
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%.
STRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported an operating income of 2.36M and revenue of 825.68M, resulting in an operating margin of 0.3%.
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%.
STRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a net income of 95.97M and revenue of 825.68M, resulting in a net margin of 11.6%.
Frequently Asked Questions
TSM and STRL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STRL has higher volatility (24.22%) compared to TSM (12.47%). In terms of maximum drawdown, TSM dropped -89.08% vs STRL's -92.51%.
STRL currently has the higher Sharpe Ratio (4.13 vs 3.06), 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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