TME vs. AVUV
TME (Tencent Music Entertainment Group) is a stock, while AVUV (Avantis US Small Cap Value ETF) is Small Cap Value Equities fund actively managed by Avantis. Over the past 5 years, TME returned -3.69%/yr vs 14.00%/yr for AVUV. At a 0.27 correlation, their price movements are largely independent.
Performance
TME vs. AVUV - Performance Comparison
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Returns By Period
In the year-to-date period, TME achieves a -45.88% return, which is significantly lower than AVUV's 24.50% return.
TME
- 1D
- 4.29%
- 1M
- 3.70%
- 6M
- -42.84%
- YTD
- -45.88%
- 1Y
- -55.75%
- 3Y*
- 9.52%
- 5Y*
- -3.69%
- 10Y*
- —
AVUV
- 1D
- 1.20%
- 1M
- 3.07%
- 6M
- 16.58%
- YTD
- 24.50%
- 1Y
- 37.34%
- 3Y*
- 18.25%
- 5Y*
- 14.00%
- 10Y*
- —
TME vs. AVUV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TME Tencent Music Entertainment Group | -45.88% | 56.39% | 27.12% | 8.82% | 20.88% | -64.40% | 63.88% | -10.52% |
AVUV Avantis US Small Cap Value ETF | 24.50% | 7.44% | 9.28% | 22.82% | -4.91% | 42.20% | 6.43% | 8.54% |
Correlation
The correlation between TME and AVUV is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.27 |
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Return for Risk
TME vs. AVUV — Risk / Return Rank
TME
AVUV
TME vs. AVUV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and Avantis US Small Cap Value ETF (AVUV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TME | AVUV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.38 | ||
| Sortino ratioReturn per unit of downside risk | -4.96 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.38 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 4.72 | -5.54 |
| Martin ratioReturn relative to average drawdown | -1.29 | 14.06 | -15.35 |
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Drawdowns
TME vs. AVUV - Drawdown Comparison
The maximum TME drawdown since its inception was -90.19%, which is greater than AVUV's maximum drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for TME and AVUV.
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Drawdown Indicators
| TME | AVUV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.19% | -49.42% | -40.77% |
Max Drawdown (1Y)Largest decline over 1 year | -68.21% | -7.95% | -60.26% |
Max Drawdown (3Y)Largest decline over 3 years | -68.21% | -28.79% | -39.42% |
Max Drawdown (5Y)Largest decline over 5 years | -73.33% | -28.79% | -44.54% |
Current DrawdownCurrent decline from peak | -69.50% | 0.00% | -69.50% |
Average DrawdownAverage peak-to-trough decline | -52.24% | -7.83% | -44.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.14% | 2.66% | +40.48% |
Volatility
TME vs. AVUV - Volatility Comparison
Tencent Music Entertainment Group (TME) has a higher volatility of 10.04% compared to Avantis US Small Cap Value ETF (AVUV) at 2.95%. This indicates that TME's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TME | AVUV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 2.95% | +7.09% |
Volatility (6M)Calculated over the trailing 6-month period | 40.76% | 11.11% | +29.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.84% | 17.15% | +29.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.81% | 22.51% | +37.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.42% | 28.10% | +28.32% |
Dividends
TME vs. AVUV - Dividend Comparison
TME's dividend yield for the trailing twelve months is around 2.60%, more than AVUV's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AVUV Avantis US Small Cap Value ETF | 1.24% | 1.58% | 1.61% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% |
TME Tencent Music Entertainment Group | 2.60% | 1.03% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TME and AVUV have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TME has higher volatility (10.04%) compared to AVUV (2.95%). In terms of maximum drawdown, TME dropped -90.19% vs AVUV's -49.42%.
AVUV currently has the higher Sharpe Ratio (2.19 vs -1.19), 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.
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