Compare Tencent Music Entertainment Group - ADR (TME) vs VanEck Vietnam ETF (VNM) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Tencent Music Entertainment Group - ADR vs VanEck Vietnam ETF — how do they compare? Tencent Music Entertainment Group - ADR trades at $8.38 (market cap $12.83B), while VanEck Vietnam ETF trades at $16.74 (market cap $469.76M). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 27.3× VanEck Vietnam ETF's market cap, and Tencent Music Entertainment Group - ADR pays a 3.02% dividend while VanEck Vietnam ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Tencent Music Entertainment Group - ADR for 67 Days and VanEck Vietnam ETF for 51 Days on average.
| TME | VNM | |
|---|---|---|
Market Cap | $12.83B | $469.76M |
Volume | 3,618,478 | 375,157 |
Sector | Media | Sector/Thematic |
52-Week High | $23.71 | $19.80 |
52-Week Low | $7.74 | $16.34 |
Typical Hold Time | 67 Days | 51 Days |
Enterprise Value | $10.77B | — |
Dividend Yield | 3.02% | — |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Tencent Music Entertainment (TME) trades at $8.38, up 4.88% today, but technical indicators signal a bearish trend with moving averages and ADX suggesting selling pressure. Fundamentally, the company shows strong profitability with 26.28% net margin and attractive valuation at 9.33 P/E ratio. Recent Q2 2026 earnings beat expectations with $0.25 EPS, though revenue growth remains modest. The company recently completed a $1 billion notes offering to strengthen its financial position.
TME presents a compelling value opportunity with discounted valuation metrics and solid profitability, though facing competitive pressures from ByteDance's Soda Music. Analyst consensus leans neutral with $12.50 price target representing 49% upside potential. Key risks include user churn among casual listeners and rising operating expenses needed to retain users in the competitive music streaming landscape.
VNM trades at $16.87, down 0.35% today, with a bearish technical signal from moving averages. The ETF faces sector concentration risks in real estate and financials while offering exposure to Vietnam's long-term growth potential. Recent news indicates Vietnam is nearing a trade deal with the US, which could provide macroeconomic support.
The outlook remains cautious due to technical weakness and sector headwinds, though selective capital rotation away from AI-heavy markets may benefit Vietnam-focused assets. Key risks include interest rate volatility and concentrated sector exposure limiting near-term upside despite fair valuations around 15x P/E.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Tencent Music Entertainment Group - ADR
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 →About VanEck Vietnam ETF
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.
Read more on VNM →
