TME vs LECO
Comparison between Tencent Music Entertainment Group (TME, Company) and Lincoln Electric Holdings Inc (LECO, Company).
TME is from the Communication Services sector, while LECO is from the Industrials sector.
5-Year PerformanceLECO has outperformed TME, delivering a return of +17.2% compared to -9.4%
TME vs LECO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TME vs LECO - Historical Returns
Returns include dividend reinvestment.
TME vs LECO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TME | LECO |
|---|---|---|
| 2026 | -49.38% | +8.41% |
| 2025 | +56.81% | +31.52% |
| 2024 | +31.24% | -11.03% |
| 2023 | +4.77% | +50.82% |
| 2022 | +20.88% | +5.71% |
| 2021 | -64.64% | +24.59% |
| 2020 | +53.18% | +21.14% |
| 2019 | -9.69% | +26.29% |
| 2018 | -5.57% | -12.79% |
| 2017 | N/A | +19.43% |
| 2016 | N/A | +50.70% |
| 2015 | N/A | -23.22% |
| 2014 | N/A | -0.43% |
| 2013 | N/A | +44.86% |
| 2012 | N/A | +25.33% |
| 2011 | N/A | +19.41% |
| 2010 | N/A | +23.76% |
| 2009 | N/A | +2.59% |
| 2008 | N/A | -25.22% |
| 2007 | N/A | +16.90% |
| 2006 | N/A | +50.82% |
| 2005 | N/A | +16.79% |
| 2004 | N/A | +40.71% |
| 2003 | N/A | +6.16% |
| 2002 | N/A | +0.85% |
| 2001 | N/A | +31.97% |
| 2000 | N/A | +1.33% |
| 1999 | N/A | -3.96% |
TME vs LECO 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 LECO was -68.89%, occurring on Mar 9, 2009. Recovery took 892 trading sessions.
The current TME drawdown is -70.93%. The current LECO drawdown is -11.58%.
| Rank | TME | LECO |
|---|---|---|
| #1 | -90.19% Mar 23, 2021 - Mar 14, 2022 | -68.89% Jun 23, 2008 - Jan 5, 2012 |
| #2 | -50.55% Mar 18, 2019 - Dec 30, 2020 | -46.52% Apr 16, 2002 - Apr 8, 2004 |
| #3 | -14.29% Dec 12, 2018 - Jan 18, 2019 | -45.99% Mar 31, 2000 - May 18, 2001 |
| #4 | -12.38% Jan 24, 2019 - Feb 12, 2019 | -38.89% Jan 2, 2020 - Aug 11, 2020 |
| #5 | -12.12% Feb 16, 2021 - Mar 18, 2021 | -36.55% Nov 21, 2014 - Nov 10, 2016 |
| #6 | -8.79% Feb 2, 2021 - Feb 16, 2021 | -34.29% Mar 27, 2024 - Jan 9, 2026 |
| #7 | -8.69% Feb 25, 2019 - Mar 18, 2019 | -31.14% Oct 24, 2007 - May 22, 2008 |
| #8 | -4.83% Feb 14, 2019 - Feb 19, 2019 | -26.26% Jan 22, 2018 - Dec 18, 2019 |
| #9 | -3.16% Jan 19, 2021 - Jan 22, 2021 | -23.14% May 2, 2012 - Jan 2, 2013 |
| #10 | -2.24% Jan 25, 2021 - Feb 2, 2021 | -21.42% Jul 20, 2023 - Dec 13, 2023 |
| #11 | -1.67% Jan 6, 2021 - Jan 8, 2021 | -20.32% May 24, 2001 - Feb 8, 2002 |
| #12 | -1.63% Feb 20, 2019 - Feb 22, 2019 | -20.10% Feb 6, 2026 - Apr 6, 2026 |
| #13 | -1.44% Jan 12, 2021 - Jan 14, 2021 | -18.40% Nov 30, 2004 - Jul 20, 2005 |
| #14 | -0.87% Feb 12, 2019 - Feb 14, 2019 | -17.55% Mar 4, 2014 - Nov 21, 2014 |
| #15 | -0.33% Jan 8, 2021 - Jan 12, 2021 | -17.07% Nov 19, 2021 - Aug 11, 2022 |
Correlation
Correlation between TME and LECO is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
TME vs LECO dividend yield comparison.
| Year | TME | LECO |
|---|---|---|
| 2026 | 2.72% | 0.30% |
| 2025 | 1.03% | 1.27% |
| 2024 | 1.21% | 1.54% |
| 2023 | 0.00% | 1.21% |
| 2022 | 0.00% | 1.61% |
| 2021 | 0.00% | 1.50% |
| 2020 | 0.00% | 1.70% |
| 2019 | 0.00% | 1.96% |
| 2018 | 0.00% | 2.08% |
| 2017 | 0.00% | 1.57% |
| 2016 | 0.00% | 1.71% |
| 2015 | 0.00% | 2.29% |
| 2014 | 0.00% | 1.42% |
| 2013 | 0.00% | 1.16% |
| 2012 | 0.00% | 1.46% |
| 2011 | 0.00% | 1.62% |
| 2010 | 0.00% | 1.76% |
| 2009 | 0.00% | 2.04% |
| 2008 | 0.00% | 2.00% |
| 2007 | 0.00% | 1.28% |
| 2006 | 0.00% | 1.31% |
| 2005 | 0.00% | 1.84% |
| 2004 | 0.00% | 2.00% |
| 2003 | 0.00% | 2.59% |
| 2002 | 0.00% | 2.63% |
| 2001 | 0.00% | 2.45% |
| 2000 | 0.00% | 2.90% |
| 1999 | 0.00% | 0.68% |
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