SPDR S&P 500 ETF Trust logo
Taiwan Semiconductor Manufacturing Co. logo
SPYVSTSM• Last 6 Months (Normalized)

SPY vs TSM (SPDR S&P 500 ETF Trust vs Taiwan Semiconductor Manufacturing Co.)

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

SPY Performance $770.19
+13.55%
SPDR S&P 500 ETF Trust
Normalized Baseline0.00%
TSM Performance $428.91
+23%
Taiwan Semiconductor Manufacturing Co.
Normalized Baseline0.00%
Alpha Spread Margin TSM LEADS
-9.45%
TSM outperforming by 9.45%
SPYTSM
Spread TrajectoryLast 6 Months (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

SPY TSM

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(126 dates)
DateSPY PriceSPY Gain (%)TSM PriceTSM Gain (%)Spread
Mar 09, 2026$678.27+0.00% $348.70+0.00% +0.00%
Mar 10, 2026$677.18-0.16% $347.09-0.46% +0.30%
Mar 11, 2026$676.33-0.29% $354.56+1.68% -1.97%
Mar 12, 2026$666.06-1.80% $336.71-3.44% +1.64%
Mar 13, 2026$662.29-2.36% $338.31-2.98% +0.62%
Mar 16, 2026$669.03-1.36% $340.23-2.43% +1.07%
Mar 17, 2026$670.79-1.10% $345.98-0.78% -0.32%
Mar 18, 2026$661.43-2.48% $339.57-2.62% +0.14%
Mar 19, 2026$659.80-2.72% $338.79-2.84% +0.12%
Mar 20, 2026$648.57-4.38% $329.24-5.58% +1.20%
Mar 23, 2026$655.38-3.37% $338.45-2.94% -0.43%
Mar 24, 2026$653.18-3.70% $343.25-1.56% -2.14%
Mar 25, 2026$656.82-3.16% $347.75-0.27% -2.89%
Mar 26, 2026$645.09-4.89% $326.11-6.48% +1.59%
Mar 27, 2026$634.09-6.51% $326.74-6.30% -0.21%
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