Invesco S&P 500 Low Volatility ETF vs Tencent Music Entertainment Group - ADR — how do they compare? Invesco S&P 500 Low Volatility ETF trades at $75.65, while Tencent Music Entertainment Group - ADR trades at $8.63 (market cap $16.09B). The key difference: Tencent Music Entertainment Group - ADR pays a 2.75% dividend while Invesco S&P 500 Low Volatility ETF pays none, and Invesco S&P 500 Low Volatility 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.
| SPLV | TME | |
|---|---|---|
52-Week High | $77.97 | $26.36 |
52-Week Low | $70.30 | $8.16 |
Market Cap | — | $16.09B |
Sector | — | Media |
Enterprise Value | — | $14.05B |
Dividend Yield | — | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the "index Provider") compiles, maintains and calculates the underlying index, which is designed to measure the performance of the 100 least volatile constituents of the S&P 500 ® Index over the past 12 months as determined by the index Provider.
Read more on SPLV →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 →