TME vs ONTO
Comparison between Tencent Music Entertainment Group (TME, Company) and Onto Innovation Inc (ONTO, Company).
TME is from the Communication Services sector, while ONTO is from the Technology sector.
5-Year PerformanceONTO has outperformed TME, delivering a return of +35.3% compared to -10.2%
TME vs ONTO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TME vs ONTO - Historical Returns
Returns include dividend reinvestment.
TME vs ONTO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TME | ONTO |
|---|---|---|
| 2026 | -51.33% | +63.85% |
| 2025 | +56.81% | -7.91% |
| 2024 | +31.24% | +15.28% |
| 2023 | +4.77% | +124.39% |
| 2022 | +20.88% | -34.28% |
| 2021 | -64.64% | +111.91% |
| 2020 | +53.18% | +28.41% |
| 2019 | -9.69% | +32.82% |
| 2018 | -5.57% | +8.24% |
| 2017 | N/A | -0.12% |
| 2016 | N/A | +70.59% |
| 2015 | N/A | -7.34% |
| 2014 | N/A | -7.43% |
| 2013 | N/A | +25.08% |
| 2012 | N/A | -19.62% |
| 2011 | N/A | +44.13% |
| 2010 | N/A | +14.86% |
| 2009 | N/A | +828.69% |
| 2008 | N/A | -88.52% |
| 2007 | N/A | +18.94% |
| 2006 | N/A | -29.37% |
| 2005 | N/A | -27.30% |
| 2004 | N/A | +7.46% |
| 2003 | N/A | +265.92% |
| 2002 | N/A | -78.50% |
| 2001 | N/A | +39.77% |
| 2000 | N/A | -30.08% |
| 1999 | N/A | +70.45% |
TME vs ONTO 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 ONTO was -98.56%, occurring on Dec 4, 2008. Recovery took 5134 trading sessions.
The current TME drawdown is -72.05%. The current ONTO drawdown is -11.72%.
| Rank | TME | ONTO |
|---|---|---|
| #1 | -90.19% Mar 23, 2021 - Mar 14, 2022 | -98.56% Sep 5, 2000 - Feb 2, 2021 |
| #2 | -50.55% Mar 18, 2019 - Dec 30, 2020 | -62.82% Jul 16, 2024 - Apr 8, 2026 |
| #3 | -14.29% Dec 12, 2018 - Jan 18, 2019 | -58.57% Feb 22, 2000 - Sep 1, 2000 |
| #4 | -12.38% Jan 24, 2019 - Feb 12, 2019 | -44.28% Jan 14, 2022 - May 26, 2023 |
| #5 | -12.12% Feb 16, 2021 - Mar 18, 2021 | -30.90% Dec 9, 1999 - Jan 24, 2000 |
| #6 | -8.79% Feb 2, 2021 - Feb 16, 2021 | -22.29% Oct 12, 2023 - Dec 11, 2023 |
| #7 | -8.69% Feb 25, 2019 - Mar 18, 2019 | -20.65% Apr 5, 2021 - May 28, 2021 |
| #8 | -4.83% Feb 14, 2019 - Feb 19, 2019 | -16.07% Jan 25, 2000 - Feb 3, 2000 |
| #9 | -3.16% Jan 19, 2021 - Jan 22, 2021 | -15.95% Feb 19, 2021 - Mar 17, 2021 |
| #10 | -2.24% Jan 25, 2021 - Feb 2, 2021 | -15.77% Aug 9, 2021 - Sep 7, 2021 |
| #11 | -1.67% Jan 6, 2021 - Jan 8, 2021 | -15.06% Jun 11, 2021 - Aug 6, 2021 |
| #12 | -1.63% Feb 20, 2019 - Feb 22, 2019 | -13.84% Mar 7, 2024 - May 3, 2024 |
| #13 | -1.44% Jan 12, 2021 - Jan 14, 2021 | -13.09% Dec 14, 2023 - Jan 19, 2024 |
| #14 | -0.87% Feb 12, 2019 - Feb 14, 2019 | -12.14% Aug 31, 2023 - Oct 10, 2023 |
| #15 | -0.33% Jan 8, 2021 - Jan 12, 2021 | -11.78% Sep 14, 2021 - Nov 1, 2021 |
Correlation
Correlation between TME and ONTO is -0.09 which considered as a very weak or no correlation - the stocks move independently of each other.
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