PROSY vs. TCEHY

Last updated Jun 4, 2026

PROSY (Prosus N.V.) and TCEHY (Tencent Holdings Limited) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 5 years, PROSY returned -0.71%/yr vs -3.82%/yr for TCEHY. A 0.79 correlation means they provide meaningful diversification when combined.

Performance

PROSY vs. TCEHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prosus N.V. (PROSY) and Tencent Holdings Limited (TCEHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PROSY achieves a -24.92% return, which is significantly lower than TCEHY's -23.18% return.

PROSY

• 1D: -5.69%
• 1M: -2.52%
• YTD: -24.92%
• 6M: -23.18%
• 1Y: -8.66%
• 3Y*: 12.81%
• 5Y*: -0.71%
• 10Y*: —

TCEHY

• 1D: -3.65%
• 1M: -2.67%
• YTD: -23.18%
• 6M: -25.09%
• 1Y: -8.48%
• 3Y*: 11.82%
• 5Y*: -3.82%
• 10Y*: 11.67%

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

PROSY vs. TCEHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PROSY Prosus N.V.	-24.92%	55.67%	33.80%	-5.32%	-17.15%	-23.28%	45.77%	-9.97%
TCEHY Tencent Holdings Limited	-23.18%	45.23%	41.92%	-5.48%	-24.97%	-18.69%	50.09%	7.67%

Correlation

The correlation between PROSY and TCEHY is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 16, 2019	0.79

The correlation between PROSY and TCEHY has been stable across timeframes, ranging from 0.71 to 0.79 - a consistent structural relationship.

Fundamentals

Market Cap PROSY : $103.60B TCEHY : $533.23B
EPS PROSY : $1.91 TCEHY : $25.30
PE Ratio PROSY : 4.85 TCEHY : 2.30
PEG Ratio PROSY : 0.03 TCEHY : 0.29
PS Ratio PROSY : 8.12 TCEHY : 0.70
PB Ratio PROSY : 1.87 TCEHY : 0.47
Total Revenue (TTM) PROSY : $12.76B TCEHY : $763.32B
Gross Profit (TTM) PROSY : $5.31B TCEHY : $422.60B
EBITDA (TTM) PROSY : $10.72B TCEHY : $324.78B

Return for Risk

PROSY vs. TCEHY — Risk / Return Rank

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

PROSY

PROSY Risk / Return Rank: 30
PROSY Sharpe Ratio Rank: 29
PROSY Sortino Ratio Rank: 26
PROSY Omega Ratio Rank: 26
PROSY Calmar Ratio Rank: 33
PROSY Martin Ratio Rank: 33

TCEHY

TCEHY Risk / Return Rank: 29
TCEHY Sharpe Ratio Rank: 29
TCEHY Sortino Ratio Rank: 25
TCEHY Omega Ratio Rank: 25
TCEHY Calmar Ratio Rank: 33
TCEHY Martin Ratio Rank: 31

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.

PROSY vs. TCEHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prosus N.V. (PROSY) and Tencent Holdings Limited (TCEHY). 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.

	PROSY	TCEHY	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	-0.28	+0.01
Sortino ratio: Return per unit of downside risk	-0.17	-0.21	+0.05
Omega ratio: Gain probability vs. loss probability	0.98	0.98	0.00
Calmar ratio: Return relative to maximum drawdown	-0.22	-0.23	+0.01
Martin ratio: Return relative to average drawdown	-0.43	-0.51	+0.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PROSY vs. TCEHY - Sharpe Ratio Comparison

The current PROSY Sharpe Ratio is -0.27, which is comparable to the TCEHY Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of PROSY and TCEHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PROSY	TCEHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	-0.28	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	-0.09	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.65	-0.57

Drawdowns

PROSY vs. TCEHY - Drawdown Comparison

The maximum PROSY drawdown since its inception was -69.36%, smaller than the maximum TCEHY drawdown of -73.17%. Use the drawdown chart below to compare losses from any high point for PROSY and TCEHY.

Drawdown Indicators

	PROSY	TCEHY	Difference
Max Drawdown Largest peak-to-trough decline	-69.36%	-73.17%	+3.81%
Max Drawdown (1Y) Largest decline over 1 year	-39.09%	-36.75%	-2.34%
Max Drawdown (3Y) Largest decline over 3 years	-39.09%	-36.75%	-2.34%
Max Drawdown (5Y) Largest decline over 5 years	-61.97%	-66.67%	+4.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-73.17%	—
Current Drawdown Current decline from peak	-36.35%	-33.77%	-2.58%
Average Drawdown Average peak-to-trough decline	-30.00%	-19.66%	-10.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.34%	16.55%	+3.79%

Volatility

PROSY vs. TCEHY - Volatility Comparison

Prosus N.V. (PROSY) has a higher volatility of 14.76% compared to Tencent Holdings Limited (TCEHY) at 12.73%. This indicates that PROSY's price experiences larger fluctuations and is considered to be riskier than TCEHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PROSY	TCEHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.76%	12.73%	+2.03%
Volatility (6M) Calculated over the trailing 6-month period	27.37%	24.43%	+2.94%
Volatility (1Y) Calculated over the trailing 1-year period	32.71%	30.75%	+1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.10%	43.23%	-0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.71%	38.84%	+2.87%

Dividends

PROSY vs. TCEHY - Dividend Comparison

PROSY has not paid dividends to shareholders, while TCEHY's dividend yield for the trailing twelve months is around 1.16%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PROSY Prosus N.V.	0.00%	0.00%	0.28%	0.25%	0.20%	0.20%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%
TCEHY Tencent Holdings Limited	1.16%	0.76%	0.82%	6.67%	4.15%	0.35%	0.19%	0.23%	0.26%	0.29%	0.51%	0.21%

Financials

Frequently Asked Questions

Can I hold both PROSY and TCEHY in my portfolio?

PROSY and TCEHY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PROSY or TCEHY?

PROSY has higher volatility (14.76%) compared to TCEHY (12.73%). In terms of maximum drawdown, PROSY dropped -69.36% vs TCEHY's -73.17%.

Which has better risk-adjusted returns?

PROSY currently has the higher Sharpe Ratio (-0.27 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.