EDU vs. QQQ
Compare and contrast key facts about New Oriental Education & Technology Group Inc. (EDU) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDU or QQQ.
Correlation
The correlation between EDU and QQQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EDU vs. QQQ - Performance Comparison
Key characteristics
EDU:
-0.75
QQQ:
1.30
EDU:
-0.92
QQQ:
1.78
EDU:
0.88
QQQ:
1.24
EDU:
-0.55
QQQ:
1.76
EDU:
-1.44
QQQ:
6.08
EDU:
28.96%
QQQ:
3.92%
EDU:
55.47%
QQQ:
18.35%
EDU:
-95.61%
QQQ:
-82.98%
EDU:
-73.14%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, EDU achieves a -18.43% return, which is significantly lower than QQQ's 2.90% return. Over the past 10 years, EDU has underperformed QQQ with an annualized return of 10.60%, while QQQ has yielded a comparatively higher 18.10% annualized return.
EDU
-18.43%
11.98%
-21.45%
-42.31%
-17.12%
10.60%
QQQ
2.90%
-1.23%
9.93%
21.16%
19.73%
18.10%
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Risk-Adjusted Performance
EDU vs. QQQ — Risk-Adjusted Performance Rank
EDU
QQQ
EDU vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Oriental Education & Technology Group Inc. (EDU) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EDU vs. QQQ - Dividend Comparison
EDU's dividend yield for the trailing twelve months is around 1.11%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDU New Oriental Education & Technology Group Inc. | 1.11% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% | 0.00% | 1.28% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
EDU vs. QQQ - Drawdown Comparison
The maximum EDU drawdown since its inception was -95.61%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EDU and QQQ. For additional features, visit the drawdowns tool.
Volatility
EDU vs. QQQ - Volatility Comparison
New Oriental Education & Technology Group Inc. (EDU) has a higher volatility of 13.84% compared to Invesco QQQ (QQQ) at 5.02%. This indicates that EDU's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.