

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)
| Date | SPY Price | SPY Gain (%) | TSM Price | TSM 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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