EDU vs. SPY
Compare and contrast key facts about New Oriental Education & Technology Group Inc. (EDU) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDU or SPY.
Correlation
The correlation between EDU and SPY is 0.36, 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. SPY - Performance Comparison
Key characteristics
EDU:
-0.28
SPY:
2.21
EDU:
-0.07
SPY:
2.93
EDU:
0.99
SPY:
1.41
EDU:
-0.20
SPY:
3.26
EDU:
-0.61
SPY:
14.43
EDU:
23.44%
SPY:
1.90%
EDU:
51.25%
SPY:
12.41%
EDU:
-95.61%
SPY:
-55.19%
EDU:
-68.57%
SPY:
-2.74%
Returns By Period
In the year-to-date period, EDU achieves a -15.58% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, EDU has underperformed SPY with an annualized return of 12.05%, while SPY has yielded a comparatively higher 12.97% annualized return.
EDU
-15.58%
8.02%
-13.29%
-15.43%
-12.97%
12.05%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
EDU vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Oriental Education & Technology Group Inc. (EDU) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
EDU's dividend yield for the trailing twelve months is around 0.95%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDU New Oriental Education & Technology Group Inc. | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% | 0.00% | 1.28% | 0.00% | 1.11% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EDU vs. SPY - Drawdown Comparison
The maximum EDU drawdown since its inception was -95.61%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EDU and SPY. For additional features, visit the drawdowns tool.
Volatility
EDU vs. SPY - Volatility Comparison
New Oriental Education & Technology Group Inc. (EDU) has a higher volatility of 15.68% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that EDU's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.