Invesco S&P 500 High Div Low Volatility ETF vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Invesco S&P 500 High Div Low Volatility ETF trades at $52.18, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $425.02 (market cap $1.88T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.94% dividend while Invesco S&P 500 High Div Low Volatility ETF pays none. Which is the better fit depends on your goals.
| SPHD | TSM | |
|---|---|---|
52-Week High | $53.18 | $477.57 |
52-Week Low | $46.96 | $227.33 |
Market Cap | — | $1.88T |
Sector | — | Technology |
Enterprise Value | — | $1.81T |
Dividend Yield | — | 0.94% |
Trailing returns across standard periods
Latest headlines on both assets
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the “index Provider”) compiles, maintains and calculates the underlying index, which is designed to measure the performance of 50 least volatile high yielding constituents of the S&P 500 ® Index in the past year.
Read more on SPHD →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.
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