TSM vs. SWVXX
TSM (Taiwan Semiconductor Manufacturing Company Limited) is a stock, while SWVXX (Schwab Prime Advantage Money Fund Investor Shares) is Money Market fund actively managed by Charles Schwab. Over the past 5 years, TSM returned 31.30%/yr vs 3.14%/yr for SWVXX. At a correlation of -0.04, they often move in opposite directions.
Performance
TSM vs. SWVXX - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 40.22% return, which is significantly higher than SWVXX's 1.45% 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%
SWVXX
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.45%
- 6M
- 1.77%
- 1Y
- 3.85%
- 3Y*
- 4.71%
- 5Y*
- 3.14%
- 10Y*
- —
TSM vs. SWVXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.22% | 55.91% | 92.58% | 42.33% | -36.75% | 7.16% |
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 1.45% | 4.15% | 5.16% | 5.04% | 0.00% | 0.00% |
Correlation
The correlation between TSM and SWVXX is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | -0.04 |
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Return for Risk
TSM vs. SWVXX — Risk / Return Rank
TSM
SWVXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSM vs. SWVXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Schwab Prime Advantage Money Fund Investor Shares (SWVXX). 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 | SWVXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | — | — |
| Martin ratioReturn relative to average drawdown | 19.42 | — | — |
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Drawdowns
TSM vs. SWVXX - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TSM and SWVXX.
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Drawdown Indicators
| TSM | SWVXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | 0.00% | -89.08% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | 0.00% | -18.14% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | 0.00% | -36.82% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | 0.00% | -56.47% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | — | — |
Current DrawdownCurrent decline from peak | -4.87% | 0.00% | -4.87% |
Average DrawdownAverage peak-to-trough decline | -42.85% | 0.00% | -42.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 0.00% | +5.11% |
Volatility
TSM vs. SWVXX - Volatility Comparison
Taiwan Semiconductor Manufacturing Company Limited (TSM) has a higher volatility of 13.42% compared to Schwab Prime Advantage Money Fund Investor Shares (SWVXX) at 0.29%. This indicates that TSM's price experiences larger fluctuations and is considered to be riskier than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | SWVXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 0.29% | +13.13% |
Volatility (6M)Calculated over the trailing 6-month period | 28.65% | 0.76% | +27.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.69% | 1.10% | +35.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.46% | 1.09% | +36.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 1.09% | +33.14% |
Dividends
TSM vs. SWVXX - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.83%, less than SWVXX's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWVXX Schwab Prime Advantage Money Fund Investor Shares | 3.77% | 4.06% | 5.02% | 4.91% | 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% |
Frequently Asked Questions
TSM and SWVXX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (13.42%) compared to SWVXX (0.29%). In terms of maximum drawdown, TSM dropped -89.08% vs SWVXX's 0.00%.
SWVXX currently has the higher Sharpe Ratio (3.71 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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