Tencent Music Entertainment Group - ADR vs State Street SPDR S&P Homebuilders ETF — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while State Street SPDR S&P Homebuilders ETF trades at $105.91. The key difference: Tencent Music Entertainment Group - ADR pays a 2.62% dividend while State Street SPDR S&P Homebuilders ETF pays none, and State Street SPDR S&P Homebuilders 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 | XHB | |
|---|---|---|
Market Cap | $15.08B | — |
Sector | Media | Broad Market / Factor |
52-Week High | $26.36 | $121.36 |
52-Week Low | $8.16 | $94.86 |
Enterprise Value | $11.85B | — |
Dividend Yield | 2.62% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →XHB invests in the U.S. homebuilding industry and related sectors. It provides equal-weighted exposure to homebuilders, building products, and home improvement retailers like Home Depot, Lowe's, and Builders FirstSource.
Read more on XHB →