TSM vs. WDO.TO
TSM (Taiwan Semiconductor Manufacturing Company Limited) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. TSM operates in Semiconductors (Technology), while WDO.TO operates in Gold (Basic Materials). Over the past 10 years, TSM returned 35.80%/yr vs 29.68%/yr for WDO.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
TSM vs. WDO.TO - Performance Comparison
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Different Trading Currencies
TSM is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TSM achieves a 40.22% return, which is significantly higher than WDO.TO's 9.28% return. Over the past 10 years, TSM has outperformed WDO.TO with an annualized return of 35.80%, while WDO.TO has yielded a comparatively lower 29.68% annualized return.
TSM
- 1D
- 0.68%
- 1M
- 6.28%
- YTD
- 40.22%
- 6M
- 45.91%
- 1Y
- 98.93%
- 3Y*
- 60.80%
- 5Y*
- 31.30%
- 10Y*
- 35.80%
WDO.TO
- 1D
- 2.92%
- 1M
- -19.72%
- YTD
- 9.28%
- 6M
- 10.80%
- 1Y
- 25.43%
- 3Y*
- 49.20%
- 5Y*
- 11.75%
- 10Y*
- 29.68%
TSM vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Company Limited | 40.22% | 55.91% | 92.58% | 42.33% | -36.75% | 12.09% | 92.67% | 64.85% | -3.50% | 41.46% |
WDO.TO Wesdome Gold Mines Ltd. | 9.28% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 8.29% |
Correlation
The correlation between TSM and WDO.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.09 |
Fundamentals
TSM:
$2.20T
WDO.TO:
CA$3.84B
TSM:
NT$373.98
WDO.TO:
CA$2.68
TSM:
35.89
WDO.TO:
9.47
TSM:
1.03
WDO.TO:
0.11
TSM:
16.87
WDO.TO:
3.74
TSM:
11.82
WDO.TO:
3.77
TSM:
NT$4.13T
WDO.TO:
CA$1.03B
TSM:
NT$2.55T
WDO.TO:
CA$636.67M
TSM:
NT$3.14T
WDO.TO:
CA$694.56M
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Return for Risk
TSM vs. WDO.TO — Risk / Return Rank
TSM
WDO.TO
TSM vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Taiwan Semiconductor Manufacturing Company Limited (TSM) and Wesdome Gold Mines Ltd. (WDO.TO). 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 | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.12 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.48 | 0.95 | +4.53 |
| Martin ratioReturn relative to average drawdown | 19.42 | 2.22 | +17.20 |
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Drawdowns
TSM vs. WDO.TO - Drawdown Comparison
The maximum TSM drawdown since its inception was -89.08%, roughly equal to the maximum WDO.TO drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for TSM and WDO.TO.
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Drawdown Indicators
| TSM | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.08% | -89.89% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -18.14% | -26.79% | +8.65% |
Max Drawdown (3Y)Largest decline over 3 years | -36.82% | -26.79% | -10.03% |
Max Drawdown (5Y)Largest decline over 5 years | -56.47% | -64.89% | +8.42% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -64.89% | +8.42% |
Current DrawdownCurrent decline from peak | -4.87% | -19.72% | +14.85% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -37.01% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 11.46% | -6.35% |
Volatility
TSM vs. WDO.TO - Volatility Comparison
The current volatility for Taiwan Semiconductor Manufacturing Company Limited (TSM) is 13.42%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 21.13%. This indicates that TSM experiences smaller price fluctuations and is considered to be less risky than WDO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSM | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 21.13% | -7.71% |
Volatility (6M)Calculated over the trailing 6-month period | 28.65% | 41.61% | -12.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.69% | 52.06% | -15.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.46% | 48.28% | -10.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 53.57% | -19.34% |
Dividends
TSM vs. WDO.TO - Dividend Comparison
TSM's dividend yield for the trailing twelve months is around 0.83%, while WDO.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WDO.TO Wesdome Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSM vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Taiwan Semiconductor Manufacturing Company Limited and Wesdome Gold Mines Ltd.. 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. WDO.TO - 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%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
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%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
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%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
TSM and WDO.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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