T-Rex 2X Inverse MSTR Daily Target ETF vs Tencent Music Entertainment Group - ADR — how do they compare? T-Rex 2X Inverse MSTR Daily Target ETF trades at $10.62, while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while T-Rex 2X Inverse MSTR Daily Target ETF pays none, and T-Rex 2X Inverse MSTR Daily Target ETF is trading nearer its 52-week high, Tencent Music Entertainment Group - ADR nearer its low. Which is the better fit depends on your goals.
| MSTZ | TME | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $27.92 | $26.36 |
52-Week Low | $3.50 | $8.16 |
Market Cap | — | $15.08B |
Enterprise Value | — | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
MSTZ is a leveraged ETF that seeks daily investment results corresponding to 200% of the inverse (opposite) of the daily performance of the MicroStrategy Incorporated (MSTR) stock. It is designed as a tactical tool for experienced traders to take a bearish position on MSTR, a company known for its large Bitcoin holdings. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment, as its performance over longer periods may significantly deviate from its stated daily objective.
Read more on MSTZ →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →