OLED vs. STRA
OLED (Universal Display Corporation) and STRA (Strategic Education, Inc.) are both stocks. OLED operates in Semiconductor Equipment & Materials (Technology), while STRA operates in Education & Training Services (Consumer Defensive). Over the past 10 years, OLED returned 3.20%/yr vs 7.73%/yr for STRA. At a 0.24 correlation, their price movements are largely independent.
Performance
OLED vs. STRA - Performance Comparison
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Returns By Period
In the year-to-date period, OLED achieves a -23.54% return, which is significantly lower than STRA's 2.32% return. Over the past 10 years, OLED has underperformed STRA with an annualized return of 3.20%, while STRA has yielded a comparatively higher 7.73% annualized return.
OLED
- 1D
- 3.15%
- 1M
- -3.19%
- YTD
- -23.54%
- 6M
- -26.66%
- 1Y
- -40.39%
- 3Y*
- -13.73%
- 5Y*
- -15.39%
- 10Y*
- 3.20%
STRA
- 1D
- -0.91%
- 1M
- 1.60%
- YTD
- 2.32%
- 6M
- 7.11%
- 1Y
- -6.84%
- 3Y*
- 4.85%
- 5Y*
- 4.43%
- 10Y*
- 7.73%
OLED vs. STRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OLED Universal Display Corporation | -23.54% | -19.07% | -22.88% | 78.64% | -33.87% | -27.89% | 11.91% | 120.74% | -45.69% | 206.97% |
STRA Strategic Education, Inc. | 2.32% | -11.62% | 3.53% | 21.43% | 40.39% | -37.26% | -38.80% | 42.05% | 28.16% | 12.41% |
Correlation
The correlation between OLED and STRA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 1996 | 0.24 |
The correlation between OLED and STRA shifts across timeframes, from 0.11 (1 year) to 0.30 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
OLED:
$4.19B
STRA:
$1.79B
OLED:
$4.49
STRA:
$5.64
OLED:
19.78
STRA:
14.34
OLED:
2.71
STRA:
0.50
OLED:
6.74
STRA:
1.46
OLED:
2.46
STRA:
1.10
OLED:
$626.55M
STRA:
$1.27B
OLED:
$465.05M
STRA:
$475.81M
OLED:
$277.56M
STRA:
$216.79M
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Return for Risk
OLED vs. STRA — Risk / Return Rank
OLED
STRA
OLED vs. STRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) and Strategic Education, Inc. (STRA). 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.
| OLED | STRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.99 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | -0.44 | -0.44 |
| Martin ratioReturn relative to average drawdown | -1.52 | -0.93 | -0.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OLED | STRA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.06 | -0.21 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | 0.13 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.21 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.22 | -0.08 |
Drawdowns
OLED vs. STRA - Drawdown Comparison
The maximum OLED drawdown since its inception was -85.55%, roughly equal to the maximum STRA drawdown of -85.50%. Use the drawdown chart below to compare losses from any high point for OLED and STRA.
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Drawdown Indicators
| OLED | STRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.55% | -85.50% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -45.99% | -15.75% | -30.24% |
Max Drawdown (3Y)Largest decline over 3 years | -62.74% | -38.05% | -24.69% |
Max Drawdown (5Y)Largest decline over 5 years | -62.74% | -38.05% | -24.69% |
Max Drawdown (10Y)Largest decline over 10 years | -65.20% | -71.86% | +6.66% |
Current DrawdownCurrent decline from peak | -64.11% | -56.42% | -7.69% |
Average DrawdownAverage peak-to-trough decline | -45.19% | -39.04% | -6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.64% | 9.37% | +17.27% |
Volatility
OLED vs. STRA - Volatility Comparison
Universal Display Corporation (OLED) has a higher volatility of 11.17% compared to Strategic Education, Inc. (STRA) at 6.81%. This indicates that OLED's price experiences larger fluctuations and is considered to be riskier than STRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLED | STRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 6.81% | +4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 29.29% | 26.59% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.14% | 32.28% | +5.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.81% | 33.86% | +9.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.45% | 36.99% | +10.46% |
Dividends
OLED vs. STRA - Dividend Comparison
OLED's dividend yield for the trailing twelve months is around 2.08%, less than STRA's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
OLED Universal Display Corporation | 2.08% | 1.54% | 1.09% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% |
STRA Strategic Education, Inc. | 2.97% | 2.99% | 2.57% | 2.60% | 3.06% | 4.15% | 2.52% | 1.32% | 1.32% | 1.12% |
Financials
OLED vs. STRA - Financials Comparison
This section allows you to compare key financial metrics between Universal Display Corporation and Strategic Education, Inc.. 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
OLED vs. STRA - Profitability Comparison
OLED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a gross profit of 106.09M and revenue of 142.21M. Therefore, the gross margin over that period was 74.6%.
STRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported a gross profit of 0.00 and revenue of 305.93M. Therefore, the gross margin over that period was 0.0%.
OLED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported an operating income of 42.75M and revenue of 142.21M, resulting in an operating margin of 30.1%.
STRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported an operating income of 41.09M and revenue of 305.93M, resulting in an operating margin of 13.4%.
OLED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a net income of 35.90M and revenue of 142.21M, resulting in a net margin of 25.2%.
STRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported a net income of 32.81M and revenue of 305.93M, resulting in a net margin of 10.7%.
Frequently Asked Questions
OLED and STRA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OLED has higher volatility (11.17%) compared to STRA (6.81%). In terms of maximum drawdown, OLED dropped -85.55% vs STRA's -85.50%.
STRA currently has the higher Sharpe Ratio (-0.21 vs -1.06), 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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