Tencent Music Entertainment Group - ADR vs Vanguard Emerging Markets Stock Index Fund ETF — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Vanguard Emerging Markets Stock Index Fund ETF trades at $58.85. The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Vanguard Emerging Markets Stock Index Fund ETF pays none, and Vanguard Emerging Markets Stock Index Fund 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 | VWO | |
|---|---|---|
Market Cap | $15.08B | — |
Sector | Media | — |
52-Week High | $26.36 | $61.24 |
52-Week Low | $8.16 | $49.54 |
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 FTSE Emerging Markets All Cap China A Inclusion Index. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the index in terms of key characteristics.
Read more on VWO →