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.
Performance
EDU vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, EDU achieves a -22.98% return, which is significantly lower than QQQ's 21.78% return. Over the past 10 years, EDU has underperformed QQQ with an annualized return of 9.94%, while QQQ has yielded a comparatively higher 17.95% annualized return.
EDU
-22.98%
-19.87%
-31.31%
-17.37%
-14.33%
9.94%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| EDU | QQQ | |
|---|---|---|
| Sharpe Ratio | -0.32 | 1.70 |
| Sortino Ratio | -0.14 | 2.29 |
| Omega Ratio | 0.98 | 1.31 |
| Calmar Ratio | -0.23 | 2.19 |
| Martin Ratio | -0.80 | 7.96 |
| Ulcer Index | 20.81% | 3.72% |
| Daily Std Dev | 51.76% | 17.39% |
| Max Drawdown | -95.61% | -82.98% |
| Current Drawdown | -71.32% | -3.42% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Risk-Adjusted Performance
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 1.04%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDU New Oriental Education & Technology Group Inc. | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% | 0.00% | 1.28% | 0.00% | 1.11% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
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 13.16% compared to Invesco QQQ (QQQ) at 5.62%. 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.