TSME vs. TSM
Compare and contrast key facts about Thrivent Small-Mid Cap ESG ETF (TSME) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
TSME is an actively managed fund by Thrivent. It was launched on Oct 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSME or TSM.
Performance
TSME vs. TSM - Performance Comparison
Returns By Period
In the year-to-date period, TSME achieves a 24.41% return, which is significantly lower than TSM's 83.09% return.
TSME
24.41%
3.89%
12.97%
38.17%
N/A
N/A
TSM
83.09%
-6.73%
21.45%
94.39%
31.71%
26.62%
Key characteristics
| TSME | TSM | |
|---|---|---|
| Sharpe Ratio | 1.94 | 2.33 |
| Sortino Ratio | 2.69 | 3.01 |
| Omega Ratio | 1.33 | 1.37 |
| Calmar Ratio | 3.36 | 3.18 |
| Martin Ratio | 10.45 | 12.85 |
| Ulcer Index | 3.57% | 7.11% |
| Daily Std Dev | 19.21% | 39.30% |
| Max Drawdown | -16.50% | -84.63% |
| Current Drawdown | -2.43% | -8.49% |
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Correlation
The correlation between TSME and TSM is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
TSME vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Small-Mid Cap ESG ETF (TSME) and Taiwan Semiconductor Manufacturing Company Limited (TSM). 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.
Dividends
TSME vs. TSM - Dividend Comparison
TSME's dividend yield for the trailing twelve months is around 0.43%, less than TSM's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSME Thrivent Small-Mid Cap ESG ETF | 0.43% | 0.53% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.17% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% | 2.30% |
Drawdowns
TSME vs. TSM - Drawdown Comparison
The maximum TSME drawdown since its inception was -16.50%, smaller than the maximum TSM drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for TSME and TSM. For additional features, visit the drawdowns tool.
Volatility
TSME vs. TSM - Volatility Comparison
The current volatility for Thrivent Small-Mid Cap ESG ETF (TSME) is 6.80%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 9.62%. This indicates that TSME experiences smaller price fluctuations and is considered to be less risky than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.