Invesco Solar ETF vs Tencent Music Entertainment Group - ADR — how do they compare? Invesco Solar ETF trades at $53.77, 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 Invesco Solar ETF pays none, and Invesco Solar 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.
| TAN | TME | |
|---|---|---|
Sector | Sector/Thematic | Media |
52-Week High | $73.95 | $26.36 |
52-Week Low | $36.07 | $8.16 |
Market Cap | — | $15.08B |
Enterprise Value | — | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
TAN is a thematic ETF that tracks the MAC Global Solar Energy Index. It provides targeted exposure to the global solar industry, including manufacturers of solar panels, installers, and component suppliers like Enphase and First Solar.
Read more on TAN →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 →