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TCEHY vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TCEHYVOO
YTD Return29.56%11.86%
1Y Return14.75%29.95%
3Y Return (Ann)-11.47%10.18%
5Y Return (Ann)4.93%15.33%
10Y Return (Ann)14.08%12.88%
Sharpe Ratio0.422.47
Daily Std Dev32.60%11.52%
Max Drawdown-73.35%-33.99%
Current Drawdown-46.93%-0.29%

Correlation

-0.50.00.51.00.2

The correlation between TCEHY and VOO is 0.15, 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.

Performance

TCEHY vs. VOO - Performance Comparison

In the year-to-date period, TCEHY achieves a 29.56% return, which is significantly higher than VOO's 11.86% return. Over the past 10 years, TCEHY has outperformed VOO with an annualized return of 14.08%, while VOO has yielded a comparatively lower 12.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%December2024FebruaryMarchAprilMay
1,303.50%
523.98%
TCEHY
VOO

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Tencent Holdings Limited

Vanguard S&P 500 ETF

Risk-Adjusted Performance

TCEHY vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Limited (TCEHY) and Vanguard S&P 500 ETF (VOO). 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.


TCEHY
Sharpe ratio
The chart of Sharpe ratio for TCEHY, currently valued at 0.42, compared to the broader market-2.00-1.000.001.002.003.004.000.42
Sortino ratio
The chart of Sortino ratio for TCEHY, currently valued at 0.83, compared to the broader market-4.00-2.000.002.004.006.000.83
Omega ratio
The chart of Omega ratio for TCEHY, currently valued at 1.10, compared to the broader market0.501.001.502.001.10
Calmar ratio
The chart of Calmar ratio for TCEHY, currently valued at 0.22, compared to the broader market0.002.004.006.000.22
Martin ratio
The chart of Martin ratio for TCEHY, currently valued at 0.91, compared to the broader market-10.000.0010.0020.0030.000.91
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.62, compared to the broader market-2.00-1.000.001.002.003.004.002.62
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.69, compared to the broader market-4.00-2.000.002.004.006.003.69
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.46, compared to the broader market0.501.001.502.001.46
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.45, compared to the broader market0.002.004.006.002.45
Martin ratio
The chart of Martin ratio for VOO, currently valued at 10.33, compared to the broader market-10.000.0010.0020.0030.0010.33

TCEHY vs. VOO - Sharpe Ratio Comparison

The current TCEHY Sharpe Ratio is 0.42, which is lower than the VOO Sharpe Ratio of 2.47. The chart below compares the 12-month rolling Sharpe Ratio of TCEHY and VOO.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2024FebruaryMarchAprilMay
0.42
2.62
TCEHY
VOO

Dividends

TCEHY vs. VOO - Dividend Comparison

TCEHY's dividend yield for the trailing twelve months is around 0.90%, less than VOO's 1.32% yield.


TTM20232022202120202019201820172016201520142013
TCEHY
Tencent Holdings Limited
0.90%5.19%3.49%0.35%0.21%0.26%0.25%0.15%0.25%0.24%0.21%0.20%
VOO
Vanguard S&P 500 ETF
1.32%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

TCEHY vs. VOO - Drawdown Comparison

The maximum TCEHY drawdown since its inception was -73.35%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TCEHY and VOO. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-46.93%
-0.29%
TCEHY
VOO

Volatility

TCEHY vs. VOO - Volatility Comparison

Tencent Holdings Limited (TCEHY) has a higher volatility of 8.77% compared to Vanguard S&P 500 ETF (VOO) at 2.99%. This indicates that TCEHY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%December2024FebruaryMarchAprilMay
8.77%
2.99%
TCEHY
VOO