Taiwan Semiconductor Mfg. Co. Ltd. vs Vanguard Dividend Appreciation Index Fund ETF — how do they compare? Taiwan Semiconductor Mfg. Co. Ltd. trades at $425.29 (market cap $1.88T), while Vanguard Dividend Appreciation Index Fund ETF trades at $236.97. The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.94% dividend while Vanguard Dividend Appreciation Index Fund ETF pays none, and Vanguard Dividend Appreciation Index Fund ETF is trading nearer its 52-week high, Taiwan Semiconductor Mfg. Co. Ltd. nearer its low. Which is the better fit depends on your goals.
| TSM | VIG | |
|---|---|---|
Market Cap | $1.88T | — |
Sector | Technology | — |
52-Week High | $477.57 | $239.13 |
52-Week Low | $227.33 | $204.09 |
Enterprise Value | $1.81T | — |
Dividend Yield | 0.94% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →The advisor employs an indexing investment approach designed to track the performance of the index, which consists of common stocks of companies that have a record of increasing dividends over time. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
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