TSM vs. TFPM
TSM (Taiwan Semiconductor Manufacturing Company Limited) and TFPM (Triple Flag Precious Metals Corp) are both stocks. TSM operates in Semiconductors (Technology), while TFPM operates in Other Precious Metals & Mining (Basic Materials). Over the past 3 years, TSM returned 62.43%/yr vs 31.23%/yr for TFPM. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
TSM vs. TFPM - Performance Comparison
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Returns By Period
In the year-to-date period, TSM achieves a 33.71% return, which is significantly higher than TFPM's -13.12% 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%
TFPM
- 1D
- -2.94%
- 1M
- -4.67%
- 6M
- -14.41%
- YTD
- -13.12%
- 1Y
- 26.96%
- 3Y*
- 31.23%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 28.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.84M | $15.21M | $19.66M | |
| $6.03B | $6.30B | $6.05B |
TSM vs. TFPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 33.71% | 55.91% | 92.58% | 42.33% | -36.75% | 8.23% |
TFPM Triple Flag Precious Metals Corp | -13.12% | 123.03% | 14.60% | -1.81% | 14.71% | 32.61% |
Correlation
The correlation between TSM and TFPM is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.17 |
The correlation between TSM and TFPM shifts across timeframes, from 0.17 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TSM:
$2.10T
TFPM:
$5.94B
TSM:
NT$432.27
TFPM:
$1.50
TSM:
30.30
TFPM:
19.15
TSM:
0.84
TFPM:
0.15
TSM:
15.26
TFPM:
13.14
TSM:
10.56
TFPM:
2.77
TSM:
NT$4.45T
TFPM:
$453.24M
TSM:
NT$2.86T
TFPM:
$337.23M
TSM:
NT$3.20T
TFPM:
$354.95M
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Return for Risk
TSM vs. TFPM — Risk / Return Rank
TSM
TFPM
TSM vs. TFPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Triple Flag Precious Metals Corp (TFPM). 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 | TFPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.13 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 0.78 | +2.45 |
| Martin ratioReturn relative to average drawdown | 10.80 | 1.68 | +9.12 |
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Drawdowns
TSM vs. TFPM - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, which is greater than TFPM's maximum drawdown of -36.48%. Use the drawdown chart below to compare losses from any high point for TSM and TFPM.
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Drawdown Indicators
| TSM | TFPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -36.48% | -52.60% |
Max Drawdown (1Y)Largest decline over 1 year | -21.55% | -34.87% | +13.32% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -34.87% | -1.95% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | — | — |
Current DrawdownCurrent decline from peak | -15.35% | -30.22% | +14.87% |
Average DrawdownAverage peak-to-trough decline | -42.69% | -13.87% | -28.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.43% | 16.10% | -9.67% |
Volatility
TSM vs. TFPM - Volatility Comparison
Taiwan Semiconductor Manufacturing Company Limited (TSM) has a higher volatility of 13.76% compared to Triple Flag Precious Metals Corp (TFPM) at 12.21%. This indicates that TSM's price experiences larger fluctuations and is considered to be riskier than TFPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | TFPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.76% | 12.21% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 33.07% | 34.93% | -1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.75% | 44.88% | -4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.35% | 37.61% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.75% | 37.61% | -2.86% |
Dividends
TSM vs. TFPM - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.87%, more than TFPM's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | 0.80% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% | 0.00% | 0.00% | 0.00% | 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. TFPM - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Triple Flag Precious Metals Corp. 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. TFPM - 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%.
TFPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Triple Flag Precious Metals Corp reported a gross profit of 104.35M and revenue of 144.96M. Therefore, the gross margin over that period was 72.0%.
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%.
TFPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Triple Flag Precious Metals Corp reported an operating income of 97.00M and revenue of 144.96M, resulting in an operating margin of 66.9%.
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%.
TFPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Triple Flag Precious Metals Corp reported a net income of 115.31M and revenue of 144.96M, resulting in a net margin of 79.6%.
Frequently Asked Questions
TSM and TFPM have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSM has higher volatility (13.76%) compared to TFPM (12.21%). In terms of maximum drawdown, TSM dropped -89.08% vs TFPM's -36.48%.
TSM currently has the higher Sharpe Ratio (1.71 vs 0.60), 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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