SOLS vs TME

Comparison between Solstice Advanced Materials Inc (SOLS, Company) and Tencent Music Entertainment Group (TME, Company).

SOLS is from the Basic Materials sector, while TME is from the Communication Services sector.

SOLS vs TME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOLS(COMPANY)	TME(COMPANY)
Market Cap	$14B	$14B
Max Drawdown	17.14%	90.19%
Sharpe Ratio	1.84	-1.35
5Y Beta	1.51	0.71
Industry	Specialty Chemicals	Internet Content & Information
P/E Ratio	57.32	11.20
Forward P/E	33.00	9.13
Dividend Yield	0.09%	2.69%
5Y EPS CAGR	N/A	24.42%
Debt to Equity	132.64%	6.51%
Free Cash Flow Yield	4.63%	5.49%

Market Cap

Winner

SOLS

$14B

TME

$14B

Max Drawdown

Winner

SOLS

17.14%

TME

90.19%

Sharpe Ratio

Winner

SOLS

1.84

TME

-1.35

5Y Beta

SOLS

1.51

Winner

TME

0.71

Industry

SOLS

Specialty Chemicals

TME

Internet Content & Information

P/E Ratio

SOLS

57.32

Winner

TME

11.20

Forward P/E

SOLS

33.00

Winner

TME

9.13

Dividend Yield

SOLS

0.09%

Winner

TME

2.69%

5Y EPS CAGR

SOLS

N/A

TME

24.42%

Debt to Equity

SOLS

132.64%

Winner

TME

6.51%

Free Cash Flow Yield

SOLS

4.63%

Winner

TME

5.49%

SOLS vs TME - Historical Returns

Returns include dividend reinvestment.

Period	SOLS	TME
1 month	+4.36%	-3.64%
3 months	+15.10%	-13.02%
6 months	+76.46%	-49.87%
1 year	N/A	-51.86%
5 years(CAGR)	N/A	-9.51%
Max(CAGR)	+139.31%	-5.49%

Winner

SOLS

+4.36%

TME

-3.64%

Winner

SOLS

+15.10%

TME

-13.02%

Winner

SOLS

+76.46%

TME

-49.87%

SOLS

N/A

TME

-51.86%

5Y(CAGR)

SOLS

N/A

TME

-9.51%

Max(CAGR)

Winner

SOLS

+139.31%

TME

-5.49%

SOLS vs TME - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	SOLS	TME
2026	+73.96%	-49.84%
2025	-1.36%	+56.81%
2024	N/A	+31.24%
2023	N/A	+4.77%
2022	N/A	+20.88%
2021	N/A	-64.64%
2020	N/A	+53.18%
2019	N/A	-9.69%
2018	N/A	-5.57%

SOLS vs TME Drawdown Comparison

The maximum drawdown for SOLS was -17.06%, occurring on Mar 20, 2026. Recovery took 34 trading sessions.

The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.

The current SOLS drawdown is -3.30%. The current TME drawdown is -71.20%.

Rank	SOLS	TME
#1	-17.06% Feb 18, 2026 - Apr 8, 2026	-90.19% Mar 23, 2021 - Mar 14, 2022
#2	-15.88% Oct 29, 2025 - Dec 11, 2025	-50.55% Mar 18, 2019 - Dec 30, 2020
#3	-12.21% May 13, 2026 - Jun 10, 2026	-14.29% Dec 12, 2018 - Jan 18, 2019
#4	-7.67% Apr 8, 2026 - May 5, 2026	-12.38% Jan 24, 2019 - Feb 12, 2019
#5	-6.94% May 5, 2026 - May 11, 2026	-12.12% Feb 16, 2021 - Mar 18, 2021
#6	-5.80% Jan 28, 2026 - Feb 3, 2026	-8.79% Feb 2, 2021 - Feb 16, 2021
#7	-4.59% Dec 11, 2025 - Dec 19, 2025	-8.69% Feb 25, 2019 - Mar 18, 2019
#8	-4.29% Feb 3, 2026 - Feb 11, 2026	-4.83% Feb 14, 2019 - Feb 19, 2019
#9	-3.52% Dec 19, 2025 - Jan 7, 2026	-3.16% Jan 19, 2021 - Jan 22, 2021
#10	-3.06% Jan 21, 2026 - Jan 28, 2026	-2.24% Jan 25, 2021 - Feb 2, 2021
#11	-1.92% Jan 9, 2026 - Jan 13, 2026	-1.67% Jan 6, 2021 - Jan 8, 2021
#12	N/A	-1.63% Feb 20, 2019 - Feb 22, 2019
#13	N/A	-1.44% Jan 12, 2021 - Jan 14, 2021
#14	N/A	-0.87% Feb 12, 2019 - Feb 14, 2019
#15	N/A	-0.33% Jan 8, 2021 - Jan 12, 2021

Correlation

Correlation between SOLS and TME is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101