SOLV vs TME
Comparison between Solventum Corp (SOLV, Company) and Tencent Music Entertainment Group (TME, Company).
SOLV is from the Healthcare sector, while TME is from the Communication Services sector.
SOLV vs TME - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SOLV vs TME - Historical Returns
Returns include dividend reinvestment.
SOLV vs TME - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | SOLV | TME |
|---|---|---|
| 2026 | +5.11% | -44.90% |
| 2025 | +20.19% | +56.81% |
| 2024 | -17.43% | +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% |
SOLV vs TME Drawdown Comparison
The maximum drawdown for SOLV was -39.97%, occurring on Jul 9, 2024. Recovery took 229 trading sessions.
The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.
The current SOLV drawdown is -6.20%. The current TME drawdown is -68.36%.
| Rank | SOLV | TME |
|---|---|---|
| #1 | -39.97% Mar 26, 2024 - Feb 25, 2025 | -90.19% Mar 23, 2021 - Mar 14, 2022 |
| #2 | -27.46% Jan 9, 2026 - Jul 28, 2026 | -50.55% Mar 18, 2019 - Dec 30, 2020 |
| #3 | -25.02% Feb 26, 2025 - Nov 25, 2025 | -14.29% Dec 12, 2018 - Jan 18, 2019 |
| #4 | -7.87% Nov 25, 2025 - Jan 9, 2026 | -12.38% Jan 24, 2019 - Feb 12, 2019 |
| #5 | -6.20% Jul 29, 2026 - Aug 6, 2026 | -12.12% Feb 16, 2021 - Mar 18, 2021 |
| #6 | N/A | -8.79% Feb 2, 2021 - Feb 16, 2021 |
| #7 | N/A | -8.69% Feb 25, 2019 - Mar 18, 2019 |
| #8 | N/A | -4.83% Feb 14, 2019 - Feb 19, 2019 |
| #9 | N/A | -3.16% Jan 19, 2021 - Jan 22, 2021 |
| #10 | N/A | -2.24% Jan 25, 2021 - Feb 2, 2021 |
| #11 | N/A | -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 SOLV and TME is 0.08 which considered as a very weak or no correlation - the stocks move independently of each other.
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