Tencent Music Entertainment Group

ISIN US88034P1093

WKN A2N7WQ

Market cap (in EUR)

24,603 m

Country

China

Sector

Technology

Dividend yield

0.93%

Overview

Quote

Description

Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.

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Technology Software and Consulting Internet and Data Services China

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Financials

Key metrics

Market capitalisation, EUR	24,603 m
EPS, EUR	0.88
P/B ratio	2.3
P/E ratio	19.2
Dividend yield	0.93%

Income statement (2024)

Revenue, EUR	3,648 m
Net income, EUR	853 m
Profit margin	23.39%

What ETF is Tencent Music Entertainment Group in?

There are 112 ETFs which contain Tencent Music Entertainment Group. All of these ETFs are listed in the table below. The ETF with the largest weighting of Tencent Music Entertainment Group is the iShares MSCI China Tech UCITS ETF USD (Acc).

ETF	Weight	Investment focus	Fund size (in m EUR)
iShares MSCI AC Far East ex-Japan UCITS ETF	0.17%	Equity Asia Pacific	933
SPDR MSCI EM Asia UCITS ETF	0.16%	Equity Asia Pacific	1,054
iShares MSCI EM UCITS ETF (Dist)	0.12%	Equity Emerging Markets	6,005
Xtrackers Portfolio UCITS ETF 1C	0.02%	Equity World Multi-Asset Strategy	664
iShares Moderate Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	35
iShares Asia ex Japan Equity Enhanced Active UCITS ETF USD (Acc)	0.07%	Equity Asia Pacific Social/Environmental Multi-Asset Strategy	49
Franklin FTSE China UCITS ETF	0.36%	Equity China	1,760
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF CHF Hedged (acc)	0.02%	Equity World Social/Environmental	2
HSBC MSCI Emerging Markets UCITS ETF USD	0.13%	Equity Emerging Markets	2,694
iShares Moderate Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	15
iShares Core MSCI Emerging Markets IMI UCITS ETF	0.11%	Equity Emerging Markets	1,191
Invesco FTSE All-World UCITS ETF GBP PfHdg Dist	0.01%	Equity World	4
HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF	0.60%	Equity World Technology Innovation	96
iShares MSCI EM UCITS ETF (Acc)	0.12%	Equity Emerging Markets	5,122
Xtrackers MSCI Emerging Markets UCITS ETF 1C	0.14%	Equity Emerging Markets	8,241
Amundi Prime All Country World UCITS ETF Acc	0.01%	Equity World	485
AXA IM MSCI Emerging Markets Equity PAB UCITS ETF USD Acc	0.07%	Equity Emerging Markets Social/Environmental Climate Change	17
Xtrackers MSCI China UCITS ETF 1D	0.44%	Equity China	581
Vanguard LifeStrategy 40% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	34
iShares MSCI ACWI UCITS ETF USD (Dist)	0.02%	Equity World	0
UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-UKdis	0.14%	Equity Emerging Markets	88
SPDR MSCI All Country World Investable Market UCITS ETF (Acc)	0.01%	Equity World	3,858
Xtrackers MSCI AC World Screened UCITS ETF 2C - EUR Hedged	0.02%	Equity World Social/Environmental	61
JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.21%	Equity Asia Pacific Social/Environmental	99
Invesco MSCI China All Shares Stock Connect UCITS ETF Acc	0.28%	Equity China	93
UBS MSCI EM Climate Paris Aligned UCITS ETF USD acc	0.08%	Equity Emerging Markets Social/Environmental Climate Change	190
iShares MSCI EM IMI Screened UCITS ETF USD (Dist)	0.12%	Equity Emerging Markets Social/Environmental	1,077
SPDR MSCI All Country World Investable Market UCITS ETF (Dist)	0.01%	Equity World	66
Goldman Sachs ActiveBeta® Emerging Markets Equity UCITS ETF CLASS USD (Acc.)	0.12%	Equity Emerging Markets Multi-Factor Strategy	11
Xtrackers MSCI China UCITS ETF 1C	0.44%	Equity China	1,213
Invesco MSCI Emerging Markets ESG Climate Paris Aligned UCITS ETF Acc	0.37%	Equity Emerging Markets Social/Environmental Climate Change	89
iShares BIC 50 UCITS ETF USD (Dist)	0.54%	Equity Emerging Markets	137
UBS MSCI ACWI Universal UCITS ETF hEUR acc	0.01%	Equity World Social/Environmental	636
Vanguard LifeStrategy 20% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	14
BNP Paribas Easy MSCI China Min TE UCITS ETF EUR Acc	0.44%	Equity China Social/Environmental	82
UBS Core MSCI EM UCITS ETF USD dis	0.14%	Equity Emerging Markets	1,904
SPDR MSCI All Country World UCITS ETF USD Hedged (Acc)	0.01%	Equity World	64
SPDR MSCI Emerging Markets UCITS ETF	0.14%	Equity Emerging Markets	1,097
Invesco FTSE All-World UCITS ETF EUR PfHdg Acc	0.01%	Equity World	29
Xtrackers MSCI AC World Screened UCITS ETF 1C	0.02%	Equity World Social/Environmental	4,731
Fidelity Emerging Markets Equity Research Enhanced UCITS ETF ACC-USD	0.08%	Equity Emerging Markets Social/Environmental	2,783
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	0.21%	Equity Emerging Markets Social/Environmental	1,629
Invesco FTSE All-World UCITS ETF Acc	0.01%	Equity World	2,053
iShares Conservative Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	0
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)	0.11%	Equity Emerging Markets	26,271
JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	0.21%	Equity Asia Pacific Social/Environmental	0
iShares MSCI China UCITS ETF USD (Acc)	0.43%	Equity China	3,558
UBS MSCI ACWI Universal UCITS ETF USD dis	0.01%	Equity World Social/Environmental	1,893
Amundi Core MSCI Emerging Markets UCITS ETF Acc	0.13%	Equity Emerging Markets	3,148
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR (acc)	0.02%	Equity World Social/Environmental	1
UBS Solactive China Technology UCITS ETF USD acc	1.81%	Equity China Technology Innovation	541
UBS MSCI ACWI Universal UCITS ETF hGBP acc	0.01%	Equity World Social/Environmental	311
Vanguard LifeStrategy 40% Equity UCITS ETF Accumulating	0.00%	Equity World Multi-Asset Strategy	187
iShares MSCI EM IMI Screened UCITS ETF USD (Acc)	0.12%	Equity Emerging Markets Social/Environmental	4,669
First Trust Dow Jones International Internet UCITS ETF Acc	0.86%	Equity World Technology	8
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Dist)	0.03%	Equity Emerging Markets Social/Environmental	885
UBS MSCI ACWI Universal UCITS ETF hJPY acc	0.01%	Equity World Social/Environmental	105
iShares MSCI EM ESG Enhanced CTB UCITS ETF USD (Acc)	0.03%	Equity Emerging Markets Social/Environmental	6,314
iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)	0.17%	Equity Asia Pacific	75
Amundi Core MSCI Emerging Markets UCITS ETF EUR Dist	0.13%	Equity Emerging Markets	839
iShares MSCI China Tech UCITS ETF USD (Acc)	2.46%	Equity China Technology Social/Environmental	1,832
Invesco MSCI Emerging Markets Universal Screened UCITS ETF Acc	0.18%	Equity Emerging Markets Social/Environmental	63
Franklin FTSE Emerging Markets UCITS ETF USD Capitalisation	0.13%	Equity Emerging Markets	10
Vanguard LifeStrategy 80% Equity UCITS ETF (EUR) Accumulating	0.00%	Equity World Multi-Asset Strategy	855
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc	1.28%	Equity China Innovation	132
HSBC MSCI China UCITS ETF USD	0.44%	Equity China	1,234
iShares MSCI EM Asia UCITS ETF (Acc)	0.15%	Equity Asia Pacific	4,272
iShares Growth Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	21
Vanguard FTSE All-World UCITS ETF (USD) Accumulating	0.01%	Equity World	25,806
HSBC MSCI AC Far East ex Japan UCITS ETF USD	0.17%	Equity Asia Pacific	278
Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc	0.05%	Equity Asia Pacific Social/Environmental Climate Change	298
Amundi MSCI China Tech UCITS ETF USD Acc	1.68%	Equity China Social/Environmental Innovation	35
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C 1C	1.85%	Equity China Social/Environmental Innovation	25
Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing	0.11%	Equity Emerging Markets	2,640
UBS MSCI ACWI Universal UCITS ETF hCHF dis	0.01%	Equity World Social/Environmental	51
Xtrackers MSCI AC World Screened UCITS ETF 5C - USD Hedged	0.02%	Equity World Social/Environmental	1
JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (dist)	0.21%	Equity Emerging Markets Social/Environmental	18
UBS MSCI ACWI Universal UCITS ETF hCHF acc	0.01%	Equity World Social/Environmental	1,317
Xtrackers MSCI Emerging Markets UCITS ETF 1D	0.14%	Equity Emerging Markets	248
iShares MSCI ACWI UCITS ETF USD (Acc)	0.02%	Equity World	20,831
iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (Acc)	0.12%	Equity Emerging Markets Social/Environmental Multi-Asset Strategy	568
Vanguard LifeStrategy 80% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	63
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (acc)	0.02%	Equity World Social/Environmental	164
SPDR MSCI All Country World UCITS ETF EUR Hedged (Acc)	0.01%	Equity World	938
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF EUR Hedged (acc)	0.02%	Equity World Social/Environmental	1
iShares Conservative Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	16
UBS Core MSCI EM UCITS ETF USD acc	0.14%	Equity Emerging Markets	3,959
Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating	0.11%	Equity Emerging Markets	1,207
iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)	0.52%	Equity World Consumer Discretionary	39
iShares MSCI China UCITS ETF USD (Dist)	0.43%	Equity China	379
Invesco FTSE All-World UCITS ETF Dist	0.01%	Equity World	176
Vanguard LifeStrategy 20% Equity UCITS ETF Accumulating	0.00%	Equity World Multi-Asset Strategy	84
HANetf EMQQ Emerging Markets Internet UCITS ETF	0.98%	Equity Emerging Markets Social/Environmental E-commerce	127
Vanguard LifeStrategy 60% Equity UCITS ETF Accumulating	0.00%	Equity World Multi-Asset Strategy	640
BNP Paribas Easy MSCI China Min TE UCITS ETF USD Acc	0.44%	Equity China Social/Environmental	20
iShares Moderate Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	5
UBS MSCI China Universal UCITS ETF USD dis	0.76%	Equity China Social/Environmental Climate Change	416
iShares Growth Portfolio UCITS ETF EUR (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	70
iShares Conservative Portfolio UCITS ETF GBP Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	2
Amundi Prime All Country World UCITS ETF Dist	0.01%	Equity World	2,193
JPMorgan All Country Research Enhanced Index Equity Active UCITS ETF USD (dist)	0.02%	Equity World Social/Environmental	52
Vanguard FTSE All-World UCITS ETF (USD) Distributing	0.01%	Equity World	18,590
UBS MSCI ACWI Universal UCITS ETF hUSD acc	0.01%	Equity World Social/Environmental	1,176
SPDR MSCI All Country World UCITS ETF (Acc)	0.01%	Equity World	6,620
iShares Growth Portfolio UCITS ETF USD Hedged (Acc)	0.00%	Equity World Social/Environmental Multi-Asset Strategy	1
Amundi MSCI China Tech UCITS ETF EUR Acc	1.68%	Equity China Social/Environmental Innovation	124
Amundi MSCI Emerging Markets ESG Broad Transition UCITS ETF DR (C)	0.04%	Equity Emerging Markets Social/Environmental Climate Change	1,128
Invesco FTSE All-World UCITS ETF CHF PfHdg Acc	0.01%	Equity World	13
Invesco FTSE RAFI Emerging Markets UCITS ETF	0.14%	Equity Emerging Markets Fundamental/Quality	67
L&G Emerging Markets ESG Exclusions Paris Aligned UCITS ETF USD Accumulating ETF	0.16%	Equity Emerging Markets Social/Environmental Climate Change	101
Vanguard LifeStrategy 60% Equity UCITS ETF Distributing	0.00%	Equity World Multi-Asset Strategy	86
Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF	0.10%	Equity Emerging Markets Social/Environmental Climate Change	6

Performance

Returns overview

YTD	+43.49%
1 month	-17.87%
3 months	-23.38%
6 months	+2.25%
1 year	+39.48%
3 years	+114.61%
5 years	+0.20%
Since inception (MAX)	+8.95%
2024	+43.01%
2023	-1.62%
2022	+35.15%
2021	-67.38%

Monthly returns in a heat map

Risk

Risk metrics in this section:

Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.

ETF returns include dividend payments (if applicable).