TSM vs. STX
TSM (Taiwan Semiconductor Manufacturing Company Limited) and STX (Seagate Technology plc) are both stocks. Both are in the Technology sector — TSM in Semiconductors, STX in Computer Hardware. Over the past 10 years, TSM returned 33.60%/yr vs 44.07%/yr for STX. At a 0.41 correlation, their price movements are largely independent.
Performance
TSM vs. STX - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 33.07% return, which is significantly lower than STX's 192.10% return. Over the past 10 years, TSM has underperformed STX with an annualized return of 33.60%, while STX has yielded a comparatively higher 44.07% annualized return.
TSM
- 1D
- 0.99%
- 1M
- -12.94%
- 6M
- 18.10%
- YTD
- 33.07%
- 1Y
- 69.17%
- 3Y*
- 62.80%
- 5Y*
- 29.92%
- 10Y*
- 33.60%
- ALL TIME*
- 16.19%
STX
- 1D
- 1.88%
- 1M
- -24.97%
- 6M
- 146.58%
- YTD
- 192.10%
- 1Y
- 442.73%
- 3Y*
- 143.47%
- 5Y*
- 62.35%
- 10Y*
- 44.07%
- ALL TIME*
- 23.72%
TSM vs. STX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.07% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
STX Seagate Technology plc | 192.10% | 225.26% | 4.06% | 69.12% | -51.42% | 87.50% | 10.14% | 62.14% | -2.90% | 16.67% |
Correlation
The correlation between TSM and STX is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2002 | 0.41 |
The correlation between TSM and STX has been stable across timeframes, ranging from 0.41 to 0.50 - a consistent structural relationship.
Fundamentals
TSM:
$2.09T
STX:
$179.93B
TSM:
NT$432.27
STX:
$10.48
TSM:
30.13
STX:
76.60
TSM:
0.84
STX:
0.92
TSM:
15.18
STX:
16.54
TSM:
10.50
STX:
167.09
TSM:
NT$4.45T
STX:
$11.01B
TSM:
NT$2.86T
STX:
$4.57B
TSM:
NT$3.20T
STX:
$2.59B
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Return for Risk
TSM vs. STX — Risk / Return Rank
TSM
STX
TSM vs. STX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Seagate Technology plc (STX). 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 | STX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.59 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 14.03 | -10.20 |
| Martin ratioReturn relative to average drawdown | 12.06 | 49.15 | -37.09 |
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Drawdowns
TSM vs. STX - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, roughly equal to the maximum STX drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for TSM and STX.
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Drawdown Indicators
| TSM | STX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -88.74% | -0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -31.81% | +13.67% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -40.00% | +3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -56.99% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -56.99% | +0.52% |
Current DrawdownCurrent decline from peak | -15.76% | -26.60% | +10.84% |
Average DrawdownAverage peak-to-trough decline | -42.73% | -26.39% | -16.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.76% | 9.06% | -3.30% |
Volatility
TSM vs. STX - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 16.57%, while Seagate Technology plc (STX) has a volatility of 27.07%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than STX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | STX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.57% | 27.07% | -10.50% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 53.95% | -22.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.45% | 70.03% | -30.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.06% | 46.44% | -8.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.60% | 42.33% | -7.73% |
Dividends
TSM vs. STX - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.88%, more than STX's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STX Seagate Technology plc | 0.37% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.88% | 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. STX - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Seagate Technology 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. STX - Profitability Comparison
TSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
TSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
TSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
Frequently Asked Questions
TSM and STX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STX has higher volatility (27.07%) compared to TSM (16.57%). In terms of maximum drawdown, TSM dropped -89.08% vs STX's -88.74%.
STX currently has the higher Sharpe Ratio (6.39 vs 1.77), 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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