Tencent Music Entertainment Group - ADR vs Vanguard Global ex-US Real Estate Index Fd ETF — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Vanguard Global ex-US Real Estate Index Fd ETF trades at $45.69. The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Vanguard Global ex-US Real Estate Index Fd ETF pays none, and Vanguard Global ex-US Real Estate Index Fd 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 | VNQI | |
|---|---|---|
Market Cap | $15.08B | — |
Sector | Media | — |
52-Week High | $26.36 | $50.76 |
52-Week Low | $8.16 | $43.26 |
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 →The fund employs an indexing investment approach designed to track the performance of the S&P Global ex-US Property Index, a float-adjusted, market-capitalization-weighted index that measures the equity market performance of international real estate stocks in both developed and emerging markets. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs) and certain real estate management and development companies (REMDs).
Read more on VNQI →