NTES vs. AON
NTES (NetEase, Inc.) and AON (Aon plc) are both stocks. NTES operates in Internet Content & Information (Communication Services), while AON operates in Insurance Brokers (Financial Services). Over the past 10 years, NTES returned 14.83%/yr vs 13.80%/yr for AON. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
NTES vs. AON - Performance Comparison
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Returns By Period
In the year-to-date period, NTES achieves a -1.62% return, which is significantly lower than AON's 2.66% return. Over the past 10 years, NTES has outperformed AON with an annualized return of 14.83%, while AON has yielded a comparatively lower 13.80% annualized return.
NTES
- 1D
- 1.04%
- 1M
- 4.74%
- 6M
- 5.09%
- YTD
- -1.62%
- 1Y
- 7.24%
- 3Y*
- 9.48%
- 5Y*
- 7.75%
- 10Y*
- 14.83%
- ALL TIME*
- 23.08%
AON
- 1D
- -1.64%
- 1M
- 0.86%
- 6M
- 3.61%
- YTD
- 2.66%
- 1Y
- 2.72%
- 3Y*
- 4.93%
- 5Y*
- 7.57%
- 10Y*
- 13.80%
- ALL TIME*
- 11.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AON Aon plc | $616.55M | $496.49M | $533.99M |
NTES NetEase, Inc. | $107.85M | $123.08M | $125.51M |
NTES vs. AON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTES NetEase, Inc. | -1.62% | 58.28% | -1.73% | 30.59% | -27.35% | 7.11% | 57.88% | 34.66% | -31.31% | 62.21% |
AON Aon plc | 2.66% | -0.94% | 24.45% | -2.31% | 0.61% | 43.39% | 2.37% | 44.68% | 9.94% | 21.49% |
Correlation
The correlation between NTES and AON is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.10 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2000 | 0.19 |
The correlation between NTES and AON shifts across timeframes, from 0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NTES:
$85.08B
AON:
$76.48B
NTES:
CN¥52.90
AON:
$18.14
NTES:
17.01
AON:
19.88
NTES:
0.80
AON:
0.50
NTES:
5.07
AON:
4.43
NTES:
3.53
AON:
8.01
NTES:
CN¥114.39B
AON:
$17.58B
NTES:
CN¥75.14B
AON:
$14.61B
NTES:
CN¥40.24B
AON:
$6.31B
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Return for Risk
NTES vs. AON — Risk / Return Rank
NTES
AON
NTES vs. AON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NetEase, Inc. (NTES) and Aon plc (AON). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NTES | AON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.04 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.13 | +0.02 |
| Martin ratioReturn relative to average drawdown | 0.26 | 0.24 | +0.02 |
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Drawdowns
NTES vs. AON - Drawdown Comparison
The maximum NTES drawdown since its inception was -96.54%, which is greater than AON's maximum drawdown of -69.05%. Use the drawdown chart below to compare losses from any high point for NTES and AON.
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Drawdown Indicators
| NTES | AON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.54% | -69.05% | -27.49% |
Max Drawdown (1Y)Largest decline over 1 year | -30.46% | -17.28% | -13.18% |
Max Drawdown (3Y)Largest decline over 3 years | -33.97% | -23.84% | -10.13% |
Max Drawdown (5Y)Largest decline over 5 years | -51.38% | -25.38% | -26.00% |
Max Drawdown (10Y)Largest decline over 10 years | -57.34% | -38.73% | -18.61% |
Current DrawdownCurrent decline from peak | -14.68% | -10.93% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -24.63% | -13.67% | -10.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.41% | 9.71% | +8.70% |
Volatility
NTES vs. AON - Volatility Comparison
NetEase, Inc. (NTES) has a higher volatility of 12.11% compared to Aon plc (AON) at 9.36%. This indicates that NTES's price experiences larger fluctuations and is considered to be riskier than AON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTES | AON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 9.36% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 23.01% | 21.84% | +1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.13% | 25.21% | +6.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.00% | 23.14% | +19.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.87% | 23.61% | +18.26% |
Dividends
NTES vs. AON - Dividend Comparison
NTES's dividend yield for the trailing twelve months is around 2.27%, more than AON's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | 0.64% | 0.82% | 0.74% | 0.83% | 0.73% | 0.66% | 0.84% | 0.83% | 1.35% | 1.05% | 1.16% | 1.25% |
NTES NetEase, Inc. | 2.27% | 2.21% | 2.74% | 1.88% | 2.10% | 0.80% | 0.97% | 3.19% | 0.71% | 1.05% | 1.36% | 0.98% |
Financials
NTES vs. AON - Financials Comparison
This section allows you to compare key financial metrics between NetEase, Inc. and Aon plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
NTES and AON have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTES has higher volatility (12.11%) compared to AON (9.36%). In terms of maximum drawdown, NTES dropped -96.54% vs AON's -69.05%.
NTES currently has the higher Sharpe Ratio (0.15 vs 0.09), 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.
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