State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.79, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $406.58 (market cap $1.96T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.9% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none. Which is the better fit depends on your goals.
| FLRN | TSM | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $30.86 | $477.57 |
52-Week Low | $30.65 | $227.33 |
Market Cap | — | $1.96T |
Enterprise Value | — | $1.89T |
Dividend Yield | — | 0.9% |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
TSM trades at $406.13, down 3.39% today, but maintains strong fundamentals with record earnings driven by AI chip demand. The stock shows a bearish technical signal near support at $404, while fundamentals reveal robust profitability with a 46.5% net margin and four consecutive quarterly EPS beats. Revenue growth accelerated to $3.81T in 2025, though valuation multiples like P/E of 36.54 appear elevated relative to historical norms.
Outlook remains positive given analyst consensus of $498.33 price target and 72% buy ratings, but risks include geopolitical tensions and high expectations priced into the stock. Cash flow strength supports dividend payments, with the next $1.11 dividend scheduled for October 2026.
Trailing returns across standard periods
Latest headlines on both assets
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →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 →