iShares MSCI Hong Kong ETF vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? iShares MSCI Hong Kong ETF trades at $22.75, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.86 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.9% dividend while iShares MSCI Hong Kong ETF pays none, and Taiwan Semiconductor Mfg. Co. Ltd. is trading nearer its 52-week high, iShares MSCI Hong Kong ETF nearer its low. Which is the better fit depends on your goals.
| EWH | TSM | |
|---|---|---|
Sector | Broad Market / Factor | Technology |
52-Week High | $24.55 | $477.57 |
52-Week Low | $20.66 | $227.33 |
Market Cap | — | $1.93T |
Enterprise Value | — | $1.85T |
Dividend Yield | — | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
EWH tracks the MSCI Hong Kong 25/50 Index, providing broad exposure to large and mid-cap companies listed in Hong Kong. It focuses on the established pillars of the local economy, with heavy weightings in financials, real estate, and utilities, serving as a single-country diversification tool.
Read more on EWH →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 →