United States Brent Oil Fund LP vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? United States Brent Oil Fund LP trades at $50.88, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.68 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.9% dividend while United States Brent Oil Fund LP pays none. Which is the better fit depends on your goals.
| BNO | TSM | |
|---|---|---|
Sector | Commodities - Energy | Technology |
52-Week High | $60.13 | $477.57 |
52-Week Low | $27.20 | $227.33 |
Market Cap | — | $1.93T |
Enterprise Value | — | $1.85T |
Dividend Yield | — | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
BNO is a commodity ETF that tracks the daily price of Brent crude oil futures. It provides exposure to the international oil benchmark, which often trades at a premium to the U.S. WTI benchmark, and is primarily used for short-term trading due to roll costs.
Read more on BNO →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →