TSM’s worst drop since 1999 was 85%
Taiwan Semiconductor (TSM) fell 85% from Feb 2000 to Oct 2002. It took 12.9 years from that peak to close at a new high, in Jan 2013. Over the same years the S&P 500 fell as much as 55%.
That drop ranks 287th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 1999 to now
How TSM held up in each crash
| Crash | Years | TSM | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −84.6% | −47.5% |
| Financial crisis | 2007–09 | −48.2% | −55.2% |
| COVID crash | 2020 | −26.5% | −33.7% |
| 2022 rate shock | 2022 | −56.4% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how TSM behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was TSM’s maximum drawdown?
TSM’s deepest fall since 1999 was 84.6%, from its high on February 3, 2000 to its low on October 9, 2002. The figure uses daily prices with dividends reinvested.
How long did TSM take to recover?
12.9 years. TSM first closed above its Feb 2000 high again on January 17, 2013.
Was TSM riskier than the S&P 500?
Over the same years, TSM’s worst drop was 84.6% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −63.5% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.