Tencent Music Entertainment Group - ADR vs VanEck Vietnam ETF — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while VanEck Vietnam ETF trades at $16.92. The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while VanEck Vietnam ETF pays none, and VanEck Vietnam 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.
| TME | VNM | |
|---|---|---|
Market Cap | $15.08B | — |
Sector | Media | Sector/Thematic |
52-Week High | $26.36 | $19.80 |
52-Week Low | $8.16 | $15.35 |
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 →VNM is the first and largest U.S.-listed ETF providing targeted exposure to the Vietnamese equity market. It tracks the MarketVector™ Vietnam Local Index, which includes publicly traded companies that are locally incorporated in Vietnam. It serves as a liquid, transparent vehicle for investors looking to participate in Vietnam's transition into a global manufacturing hub and its long-term potential for emerging market reclassification.
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