TME vs AIT
Comparison between Tencent Music Entertainment Group (TME, Company) and Applied Industrial Technologies Inc (AIT, Company).
TME is from the Communication Services sector, while AIT is from the Industrials sector.
5-Year PerformanceAIT has outperformed TME, delivering a return of +32.8% compared to -1.5%
TME vs AIT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TME vs AIT - Historical Returns
Returns include dividend reinvestment.
TME vs AIT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TME | AIT |
|---|---|---|
| 2026 | -50.24% | +38.01% |
| 2025 | +56.81% | +8.41% |
| 2024 | +31.24% | +41.57% |
| 2023 | +4.77% | +39.56% |
| 2022 | +20.88% | +24.41% |
| 2021 | -64.64% | +36.16% |
| 2020 | +53.18% | +19.49% |
| 2019 | -9.69% | +27.76% |
| 2018 | -5.57% | -19.25% |
| 2017 | N/A | +15.04% |
| 2016 | N/A | +53.09% |
| 2015 | N/A | -7.75% |
| 2014 | N/A | -3.40% |
| 2013 | N/A | +14.96% |
| 2012 | N/A | +20.64% |
| 2011 | N/A | +9.11% |
| 2010 | N/A | +46.82% |
| 2009 | N/A | +13.06% |
| 2008 | N/A | -29.65% |
| 2007 | N/A | +11.91% |
| 2006 | N/A | +14.12% |
| 2005 | N/A | +32.02% |
| 2004 | N/A | +70.53% |
| 2003 | N/A | +31.81% |
| 2002 | N/A | +4.95% |
| 2001 | N/A | -3.28% |
| 2000 | N/A | +27.15% |
| 1999 | N/A | +4.67% |
TME vs AIT Drawdown Comparison
The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.
The maximum drawdown for AIT was -59.29%, occurring on Mar 18, 2020. Recovery took 547 trading sessions.
The current TME drawdown is -71.43%. The current AIT drawdown is -0.78%.
| Rank | TME | AIT |
|---|---|---|
| #1 | -90.19% Mar 23, 2021 - Mar 14, 2022 | -59.29% Sep 21, 2018 - Nov 23, 2020 |
| #2 | -50.55% Mar 18, 2019 - Dec 30, 2020 | -57.17% Oct 31, 2007 - Oct 21, 2010 |
| #3 | -14.29% Dec 12, 2018 - Jan 18, 2019 | -32.25% Apr 19, 2006 - Jul 3, 2007 |
| #4 | -12.38% Jan 24, 2019 - Feb 12, 2019 | -30.33% Jul 7, 2011 - Jan 5, 2012 |
| #5 | -12.12% Feb 16, 2021 - Mar 18, 2021 | -28.67% May 23, 2002 - Jun 17, 2003 |
| #6 | -8.79% Feb 2, 2021 - Feb 16, 2021 | -27.51% Aug 1, 2013 - Oct 27, 2016 |
| #7 | -8.69% Feb 25, 2019 - Mar 18, 2019 | -26.42% Nov 26, 2024 - Jan 13, 2026 |
| #8 | -4.83% Feb 14, 2019 - Feb 19, 2019 | -24.72% Dec 21, 2004 - May 18, 2005 |
| #9 | -3.16% Jan 19, 2021 - Jan 22, 2021 | -23.56% Dec 28, 2000 - Mar 6, 2002 |
| #10 | -2.24% Jan 25, 2021 - Feb 2, 2021 | -22.88% Jan 23, 2004 - Apr 22, 2004 |
| #11 | -1.67% Jan 6, 2021 - Jan 8, 2021 | -20.98% May 14, 2021 - Nov 12, 2021 |
| #12 | -1.63% Feb 20, 2019 - Feb 22, 2019 | -19.97% Jul 19, 2007 - Aug 24, 2007 |
| #13 | -1.44% Jan 12, 2021 - Jan 14, 2021 | -19.01% May 4, 2022 - Aug 11, 2022 |
| #14 | -0.87% Feb 12, 2019 - Feb 14, 2019 | -18.97% Feb 29, 2000 - Aug 10, 2000 |
| #15 | -0.33% Jan 8, 2021 - Jan 12, 2021 | -18.56% Aug 11, 2022 - Oct 27, 2022 |
Correlation
Correlation between TME and AIT is 0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
TME vs AIT dividend yield comparison.
| Year | TME | AIT |
|---|---|---|
| 2026 | 2.77% | 0.29% |
| 2025 | 1.03% | 0.72% |
| 2024 | 1.21% | 0.62% |
| 2023 | 0.00% | 0.81% |
| 2022 | 0.00% | 1.08% |
| 2021 | 0.00% | 1.29% |
| 2020 | 0.00% | 1.64% |
| 2019 | 0.00% | 1.86% |
| 2018 | 0.00% | 2.22% |
| 2017 | 0.00% | 1.70% |
| 2016 | 0.00% | 1.89% |
| 2015 | 0.00% | 2.67% |
| 2014 | 0.00% | 2.19% |
| 2013 | 0.00% | 1.87% |
| 2012 | 0.00% | 2.00% |
| 2011 | 0.00% | 2.10% |
| 2010 | 0.00% | 1.97% |
| 2009 | 0.00% | 2.72% |
| 2008 | 0.00% | 3.17% |
| 2007 | 0.00% | 1.86% |
| 2006 | 0.00% | 1.75% |
| 2005 | 0.00% | 1.51% |
| 2004 | 0.00% | 1.26% |
| 2003 | 0.00% | 2.01% |
| 2002 | 0.00% | 2.54% |
| 2001 | 0.00% | 2.57% |
| 2000 | 0.00% | 2.33% |
| 1999 | 0.00% | 0.72% |
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