EDU vs. VRNS

Last updated Jun 3, 2026

EDU (New Oriental Education & Technology Group Inc.) and VRNS (Varonis Systems, Inc.) are both stocks. EDU operates in Education & Training Services (Consumer Defensive), while VRNS operates in Software - Infrastructure (Technology). Over the past 10 years, EDU returned 1.32%/yr vs 15.43%/yr for VRNS. At a 0.22 correlation, their price movements are largely independent.

Performance

EDU vs. VRNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Oriental Education & Technology Group Inc. (EDU) and Varonis Systems, Inc. (VRNS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDU achieves a -13.24% return, which is significantly lower than VRNS's 9.39% return. Over the past 10 years, EDU has underperformed VRNS with an annualized return of 1.32%, while VRNS has yielded a comparatively higher 15.43% annualized return.

EDU

• 1D: 0.23%
• 1M: -11.29%
• YTD: -13.24%
• 6M: -9.70%
• 1Y: 5.81%
• 3Y*: 4.48%
• 5Y*: -12.15%
• 10Y*: 1.32%

VRNS

• 1D: -0.64%
• 1M: 35.40%
• YTD: 9.39%
• 6M: 12.27%
• 1Y: -27.21%
• 3Y*: 10.66%
• 5Y*: -5.11%
• 10Y*: 15.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDU vs. VRNS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDU New Oriental Education & Technology Group Inc.	-13.24%	-13.27%	-11.55%	110.45%	65.81%	-88.70%	53.25%	121.22%	-41.69%	124.46%
VRNS Varonis Systems, Inc.	9.39%	-26.18%	-1.88%	89.14%	-50.92%	-10.56%	110.54%	46.90%	8.96%	81.16%

Correlation

The correlation between EDU and VRNS is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Mar 3, 2014	0.22

The correlation between EDU and VRNS shifts across timeframes, from 0.06 (1 year) to 0.23 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EDU : $7.53B VRNS : $4.15B
EPS EDU : $2.63 VRNS : -$1.16
PS Ratio EDU : 1.40 VRNS : 6.39
PB Ratio EDU : 1.84 VRNS : 9.16
Total Revenue (TTM) EDU : $5.39B VRNS : $660.24M
Gross Profit (TTM) EDU : $2.96B VRNS : $515.71M
EBITDA (TTM) EDU : $716.97M VRNS : -$119.10M

Return for Risk

EDU vs. VRNS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDU

EDU Risk / Return Rank: 42
EDU Sharpe Ratio Rank: 45
EDU Sortino Ratio Rank: 41
EDU Omega Ratio Rank: 40
EDU Calmar Ratio Rank: 41
EDU Martin Ratio Rank: 42

VRNS

VRNS Risk / Return Rank: 27
VRNS Sharpe Ratio Rank: 23
VRNS Sortino Ratio Rank: 29
VRNS Omega Ratio Rank: 28
VRNS Calmar Ratio Rank: 28
VRNS Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDU vs. VRNS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Oriental Education & Technology Group Inc. (EDU) and Varonis Systems, Inc. (VRNS). 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.

	EDU	VRNS	Difference
Sharpe ratio Return per unit of total volatility	0.16	-0.40	+0.56
Sortino ratio Return per unit of downside risk	0.52	-0.05	+0.57
Omega ratio Gain probability vs. loss probability	1.06	0.99	+0.07
Calmar ratio Return relative to maximum drawdown	0.07	-0.36	+0.44
Martin ratio Return relative to average drawdown	0.17	-0.59	+0.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDU vs. VRNS - Sharpe Ratio Comparison

The current EDU Sharpe Ratio is 0.16, which is higher than the VRNS Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of EDU and VRNS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EDU	VRNS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	-0.40	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	-0.10	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	0.33	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.15	+0.08

Drawdowns

EDU vs. VRNS - Drawdown Comparison

The maximum EDU drawdown since its inception was -95.61%, which is greater than VRNS's maximum drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for EDU and VRNS.

Drawdown Indicators

	EDU	VRNS	Difference
Max Drawdown Largest peak-to-trough decline	-95.61%	-78.19%	-17.42%
Max Drawdown (1Y) Largest decline over 1 year	-27.06%	-68.11%	+41.05%
Max Drawdown (3Y) Largest decline over 3 years	-56.77%	-68.11%	+11.34%
Max Drawdown (5Y) Largest decline over 5 years	-91.13%	-78.19%	-12.94%
Max Drawdown (10Y) Largest decline over 10 years	-95.61%	-78.19%	-17.42%
Current Drawdown Current decline from peak	-75.21%	-51.12%	-24.09%
Average Drawdown Average peak-to-trough decline	-32.97%	-37.31%	+4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	42.17%	-30.69%

Volatility

EDU vs. VRNS - Volatility Comparison

The current volatility for New Oriental Education & Technology Group Inc. (EDU) is 10.07%, while Varonis Systems, Inc. (VRNS) has a volatility of 13.02%. This indicates that EDU experiences smaller price fluctuations and is considered to be less risky than VRNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDU	VRNS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	13.02%	-2.95%
Volatility (6M) Calculated over the trailing 6-month period	23.64%	40.88%	-17.24%
Volatility (1Y) Calculated over the trailing 1-year period	37.81%	67.54%	-29.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.70%	52.70%	+19.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.61%	47.38%	+12.23%

Dividends

EDU vs. VRNS - Dividend Comparison

EDU's dividend yield for the trailing twelve months is around 2.54%, while VRNS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDU New Oriental Education & Technology Group Inc.	2.54%	1.09%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.46%	0.00%	1.28%
VRNS Varonis Systems, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

EDU vs. VRNS - Profitability Comparison

The chart below illustrates the profitability comparison between New Oriental Education & Technology Group Inc. and Varonis Systems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EDU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, New Oriental Education & Technology Group Inc. reported a gross profit of 766.52M and revenue of 1.43B. Therefore, the gross margin over that period was 53.7%.

VRNS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported a gross profit of 131.56M and revenue of 173.13M. Therefore, the gross margin over that period was 76.0%.

EDU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, New Oriental Education & Technology Group Inc. reported an operating income of 181.59M and revenue of 1.43B, resulting in an operating margin of 12.7%.

VRNS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported an operating income of -44.48M and revenue of 173.13M, resulting in an operating margin of -25.7%.

EDU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, New Oriental Education & Technology Group Inc. reported a net income of 127.71M and revenue of 1.43B, resulting in a net margin of 9.0%.

VRNS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported a net income of -43.22M and revenue of 173.13M, resulting in a net margin of -25.0%.

Frequently Asked Questions

Can I hold both EDU and VRNS in my portfolio?

EDU and VRNS have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDU or VRNS?

VRNS has higher volatility (13.02%) compared to EDU (10.07%). In terms of maximum drawdown, EDU dropped -95.61% vs VRNS's -78.19%.

Which has better risk-adjusted returns?

EDU currently has the higher Sharpe Ratio (0.16 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.