Correlation
The correlation between TSMY and TSM is 0.62, 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.
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.
Performance
TSMY vs. TSM - Performance Comparison
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Key characteristics
TSMY:
38.21%
TSM:
46.47%
TSMY:
-31.15%
TSM:
-88.07%
TSMY:
-9.12%
TSM:
-13.60%
Returns By Period
The year-to-date returns for both stocks are quite close, with TSMY having a -1.66% return and TSM slightly lower at -1.73%.
TSMY
-1.66%
11.48%
3.55%
N/A
N/A
N/A
N/A
TSM
-1.73%
11.93%
5.42%
29.77%
28.88%
33.29%
26.64%
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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.
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Dividends
TSMY vs. TSM - Dividend Comparison
TSMY's dividend yield for the trailing twelve months is around 37.62%, more than TSM's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSMY YieldMax TSM Option Income Strategy ETF | 37.62% | 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 | 1.28% | 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 -31.15%, smaller than the maximum TSM drawdown of -88.07%. Use the drawdown chart below to compare losses from any high point for TSMY and TSM.
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Volatility
TSMY vs. TSM - Volatility Comparison
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