Are ASML and TSM correlated?

ASML and TSM have a 252-day pairwise correlation of 0.73 (tight). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do ASML and TSM share any ETFs?

Yes - 3 ETFs hold both ASML and TSM, including SMH, WTAI, CHAT.

Which bubbles or themes do ASML and TSM share?

ASML and TSM share these AI-supercycle groupings: AI Hardware (theme).

Stock comparison

ASML vs TSM

ASML Holding N.V. and Taiwan Semiconductor Manufacturing Co.

ASMLUS

ASML Holding N.V.

Last close: $1722.50
Market cap: $661.6B
Sector: Information Technology
30d return: -4.8%
90d return: +15.1%
252d return: -

TSMUS

Taiwan Semiconductor Manufacturing Co.

Last close: $451.15
Market cap: $2.34T
Sector: Information Technology
30d return: +5.1%
90d return: +12.0%
252d return: -

252-day correlation

0.73tight

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

Shared context

Themes

AI Hardware

ETFs (3)

SMH WTAI CHAT

Want the full picture? ASML stock page · TSM stock page · full correlation matrix

Data refreshes daily. Last close 2026-09-24.