SPDR S&P 500 ETF Trust logo
Taiwan Semiconductor Manufacturing Co. logo
SPYVSTSM• 7 Days (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
+0.11%
SPDR S&P 500 ETF Trust
Normalized Baseline0.00%
TSM Performance $428.91
+2.73%
Taiwan Semiconductor Manufacturing Co.
Normalized Baseline0.00%
Alpha Spread Margin TSM LEADS
-2.62%
TSM outperforming by 2.62%
SPYTSM
Spread Trajectory7 Days (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(6 dates)
DateSPY PriceSPY Gain (%)TSM PriceTSM Gain (%)Spread
Aug 28, 2026$769.35+0.00% $417.52+0.00% +0.00%
Aug 31, 2026$767.05-0.30% $415.32-0.53% +0.23%
Sep 01, 2026$761.78-0.98% $414.00-0.84% -0.14%
Sep 02, 2026$765.16-0.54% $415.50-0.48% -0.06%
Sep 03, 2026$773.17+0.50% $417.01-0.12% +0.62%
Sep 04, 2026$770.19+0.11% $428.91+2.73% -2.62%