Tencent Music Entertainment Group - ADR vs Direxion Daily TSLA Bull 2X Shares — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Direxion Daily TSLA Bull 2X Shares trades at $11.25. The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Direxion Daily TSLA Bull 2X Shares pays none. Which is the better fit depends on your goals.
| TME | TSLL | |
|---|---|---|
Market Cap | $15.08B | — |
Sector | Media | Leveraged / Inverse |
52-Week High | $26.36 | $23.03 |
52-Week Low | $8.16 | $10.29 |
Enterprise Value | $11.85B | — |
Dividend Yield | 2.62% | — |
Trailing returns across standard periods
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 →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →