TSMY vs. TSM
Compare and contrast key facts about YieldMax TSM Option Income Strategy ETF (TSMY) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
TSMY is an actively managed fund by YieldMax. It was launched on Aug 20, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSMY or TSM.
Correlation
The correlation between TSMY and TSM is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSMY vs. TSM - Performance Comparison
Key characteristics
TSMY:
36.21%
TSM:
42.51%
TSMY:
-14.02%
TSM:
-84.63%
TSMY:
-8.65%
TSM:
-10.54%
Returns By Period
In the year-to-date period, TSMY achieves a -1.15% return, which is significantly lower than TSM's 1.75% return.
TSMY
-1.15%
-3.73%
6.92%
N/A
N/A
N/A
TSM
1.75%
-4.99%
18.01%
62.59%
31.98%
26.75%
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Risk-Adjusted Performance
TSMY vs. TSM — Risk-Adjusted Performance Rank
TSMY
TSM
TSMY vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSM Option Income Strategy ETF (TSMY) 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.
Not enough dataDividends
TSMY vs. TSM - Dividend Comparison
TSMY's dividend yield for the trailing twelve months is around 17.87%, more than TSM's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSMY YieldMax TSM Option Income Strategy ETF | 17.87% | 13.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.16% | 1.18% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% |
Drawdowns
TSMY vs. TSM - Drawdown Comparison
The maximum TSMY drawdown since its inception was -14.02%, smaller than the maximum TSM drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for TSMY and TSM. For additional features, visit the drawdowns tool.
Volatility
TSMY vs. TSM - Volatility Comparison
YieldMax TSM Option Income Strategy ETF (TSMY) and Taiwan Semiconductor Manufacturing Company Limited (TSM) have volatilities of 17.38% and 17.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.