ALL vs. TME

Last updated Apr 1, 2026

Compare and contrast key facts about The Allstate Corporation (ALL) and Tencent Music Entertainment Group (TME).

Performance

ALL vs. TME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Allstate Corporation (ALL) and Tencent Music Entertainment Group (TME). The values are adjusted to include any dividend payments, if applicable.

ALL vs. TME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ALL The Allstate Corporation	0.11%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	0.28%
TME Tencent Music Entertainment Group	-47.06%	56.39%	27.12%	8.82%	20.88%	-64.40%	63.88%	-11.20%	-5.57%

Fundamentals

Market Cap ALL : $54.88B TME : $14.42B
EPS ALL : $38.61 TME : $6.92
PE Ratio ALL : 5.37 TME : 1.34
PEG Ratio ALL : 0.15 TME : 0.03
PS Ratio ALL : 0.83 TME : 0.45
PB Ratio ALL : 1.92 TME : 0.18
Total Revenue (TTM) ALL : $66.46B TME : $32.01B
Gross Profit (TTM) ALL : $22.09B TME : $18.24B
EBITDA (TTM) ALL : $13.93B TME : $13.14B

Returns By Period

In the year-to-date period, ALL achieves a 0.11% return, which is significantly higher than TME's -47.06% return.

ALL

• 1D: 0.03%
• 1M: -2.86%
• YTD: 0.11%
• 6M: -2.46%
• 1Y: 2.10%
• 3Y*: 26.07%
• 5Y*: 15.05%
• 10Y*: 14.24%

TME

• 1D: -0.32%
• 1M: -36.44%
• YTD: -47.06%
• 6M: -60.24%
• 1Y: -34.79%
• 3Y*: 4.62%
• 5Y*: -13.96%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALL vs. TME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALL

ALL Risk / Return Rank: 43
ALL Sharpe Ratio Rank: 45
ALL Sortino Ratio Rank: 37
ALL Omega Ratio Rank: 37
ALL Calmar Ratio Rank: 47
ALL Martin Ratio Rank: 48

TME

TME Risk / Return Rank: 16
TME Sharpe Ratio Rank: 12
TME Sortino Ratio Rank: 15
TME Omega Ratio Rank: 14
TME Calmar Ratio Rank: 25
TME Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALL vs. TME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) and Tencent Music Entertainment Group (TME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALL	TME	Difference
Sharpe ratio Return per unit of total volatility	0.08	-0.69	+0.77
Sortino ratio Return per unit of downside risk	0.28	-0.75	+1.03
Omega ratio Gain probability vs. loss probability	1.04	0.89	+0.15
Calmar ratio Return relative to maximum drawdown	0.19	-0.53	+0.72
Martin ratio Return relative to average drawdown	0.44	-1.35	+1.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALL vs. TME - Sharpe Ratio Comparison

The current ALL Sharpe Ratio is 0.08, which is higher than the TME Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of ALL and TME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALL	TME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	-0.69	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	-0.23	+0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	-0.09	+0.46

Correlation

The correlation between ALL and TME is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ALL vs. TME - Dividend Comparison

ALL's dividend yield for the trailing twelve months is around 1.97%, more than TME's 1.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALL The Allstate Corporation	1.97%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%
TME Tencent Music Entertainment Group	1.94%	1.03%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ALL vs. TME - Drawdown Comparison

The maximum ALL drawdown since its inception was -77.03%, smaller than the maximum TME drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for ALL and TME.

Drawdown Indicators

	ALL	TME	Difference
Max Drawdown Largest peak-to-trough decline	-77.03%	-90.19%	+13.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.00%	-64.80%	+51.80%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-84.52%	+57.17%
Max Drawdown (10Y) Largest decline over 10 years	-41.39%	—	—
Current Drawdown Current decline from peak	-3.19%	-70.17%	+66.98%
Average Drawdown Average peak-to-trough decline	-16.52%	-51.55%	+35.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.48%	25.70%	-20.22%

Volatility

ALL vs. TME - Volatility Comparison

The current volatility for The Allstate Corporation (ALL) is 5.09%, while Tencent Music Entertainment Group (TME) has a volatility of 31.26%. This indicates that ALL experiences smaller price fluctuations and is considered to be less risky than TME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALL	TME	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	31.26%	-26.17%
Volatility (6M) Calculated over the trailing 6-month period	16.29%	40.64%	-24.35%
Volatility (1Y) Calculated over the trailing 1-year period	25.63%	50.54%	-24.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.26%	60.27%	-35.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.80%	57.09%	-32.29%

Financials

ALL vs. TME - Profitability Comparison

The chart below illustrates the profitability comparison between The Allstate Corporation and Tencent Music Entertainment Group over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ALL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported a gross profit of 8.79B and revenue of 16.59B. Therefore, the gross margin over that period was 53.0%.

TME - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported a gross profit of 7.57B and revenue of 7.74B. Therefore, the gross margin over that period was 97.7%.

ALL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported an operating income of 4.92B and revenue of 16.59B, resulting in an operating margin of 29.6%.

TME - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported an operating income of 2.62B and revenue of 7.74B, resulting in an operating margin of 33.8%.

ALL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported a net income of 3.83B and revenue of 16.59B, resulting in a net margin of 23.1%.

TME - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported a net income of 1.90B and revenue of 7.74B, resulting in a net margin of 24.6%.