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VINEX vs. TSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VINEX and TSM is 0.46, 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.


-0.50.00.51.00.5

Performance

VINEX vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International Explorer Fund (VINEX) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%JulyAugustSeptemberOctoberNovemberDecember
415.47%
6,271.89%
VINEX
TSM

Key characteristics

Sharpe Ratio

VINEX:

-0.04

TSM:

2.49

Sortino Ratio

VINEX:

0.05

TSM:

3.17

Omega Ratio

VINEX:

1.01

TSM:

1.39

Calmar Ratio

VINEX:

-0.02

TSM:

3.76

Martin Ratio

VINEX:

-0.14

TSM:

13.64

Ulcer Index

VINEX:

3.97%

TSM:

7.33%

Daily Std Dev

VINEX:

14.77%

TSM:

40.18%

Max Drawdown

VINEX:

-65.50%

TSM:

-84.63%

Current Drawdown

VINEX:

-24.93%

TSM:

-3.89%

Returns By Period

In the year-to-date period, VINEX achieves a -3.82% return, which is significantly lower than TSM's 92.31% return. Over the past 10 years, VINEX has underperformed TSM with an annualized return of 3.46%, while TSM has yielded a comparatively higher 27.65% annualized return.


VINEX

YTD

-3.82%

1M

-3.99%

6M

-4.27%

1Y

-2.44%

5Y*

0.39%

10Y*

3.46%

TSM

YTD

92.31%

1M

3.45%

6M

14.14%

1Y

93.89%

5Y*

30.21%

10Y*

27.65%

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Risk-Adjusted Performance

VINEX vs. TSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International Explorer Fund (VINEX) 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.


Sharpe ratio
The chart of Sharpe ratio for VINEX, currently valued at -0.04, compared to the broader market-1.000.001.002.003.004.00-0.042.49
The chart of Sortino ratio for VINEX, currently valued at 0.05, compared to the broader market-2.000.002.004.006.008.0010.000.053.17
The chart of Omega ratio for VINEX, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.003.501.011.39
The chart of Calmar ratio for VINEX, currently valued at -0.02, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.023.76
The chart of Martin ratio for VINEX, currently valued at -0.14, compared to the broader market0.0020.0040.0060.00-0.1413.64
VINEX
TSM

The current VINEX Sharpe Ratio is -0.04, which is lower than the TSM Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of VINEX and TSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.04
2.49
VINEX
TSM

Dividends

VINEX vs. TSM - Dividend Comparison

VINEX has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 1.19%.


TTM20232022202120202019201820172016201520142013
VINEX
Vanguard International Explorer Fund
0.00%2.47%1.74%2.29%1.06%2.51%1.92%2.10%1.95%1.55%1.98%2.28%
TSM
Taiwan Semiconductor Manufacturing Company Limited
1.19%1.78%2.48%1.56%1.58%3.49%3.55%2.32%2.61%2.54%1.79%2.30%

Drawdowns

VINEX vs. TSM - Drawdown Comparison

The maximum VINEX drawdown since its inception was -65.50%, smaller than the maximum TSM drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for VINEX and TSM. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.93%
-3.89%
VINEX
TSM

Volatility

VINEX vs. TSM - Volatility Comparison

The current volatility for Vanguard International Explorer Fund (VINEX) is 6.80%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 10.49%. This indicates that VINEX 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.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
6.80%
10.49%
VINEX
TSM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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