ERIC vs. EQIX
Compare and contrast key facts about Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Equinix, Inc. (EQIX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIC or EQIX.
Performance
ERIC vs. EQIX - Performance Comparison
Returns By Period
In the year-to-date period, ERIC achieves a 37.45% return, which is significantly higher than EQIX's 16.93% return. Over the past 10 years, ERIC has underperformed EQIX with an annualized return of -1.35%, while EQIX has yielded a comparatively higher 18.02% annualized return.
ERIC
37.45%
-2.24%
46.06%
71.81%
1.65%
-1.35%
EQIX
16.93%
3.59%
17.66%
20.07%
12.52%
18.02%
Fundamentals
| ERIC | EQIX | |
|---|---|---|
| Market Cap | $26.47B | $87.75B |
| EPS | -$0.04 | $11.13 |
| PEG Ratio | 3.53 | 5.12 |
| Total Revenue (TTM) | $246.85B | $8.60B |
| Gross Profit (TTM) | $106.81B | $4.11B |
| EBITDA (TTM) | $43.67B | $3.17B |
Key characteristics
| ERIC | EQIX | |
|---|---|---|
| Sharpe Ratio | 2.57 | 0.90 |
| Sortino Ratio | 3.46 | 1.54 |
| Omega Ratio | 1.44 | 1.18 |
| Calmar Ratio | 0.81 | 0.89 |
| Martin Ratio | 8.76 | 2.08 |
| Ulcer Index | 8.68% | 10.36% |
| Daily Std Dev | 29.59% | 24.02% |
| Max Drawdown | -98.60% | -99.44% |
| Current Drawdown | -88.28% | 0.00% |
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Correlation
The correlation between ERIC and EQIX is 0.29, 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
ERIC vs. EQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Equinix, Inc. (EQIX). 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
ERIC vs. EQIX - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 3.15%, more than EQIX's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.15% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% | 3.54% |
EQIX Equinix, Inc. | 1.85% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% | 0.00% |
Drawdowns
ERIC vs. EQIX - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.60%, roughly equal to the maximum EQIX drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for ERIC and EQIX. For additional features, visit the drawdowns tool.
Volatility
ERIC vs. EQIX - Volatility Comparison
Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Equinix, Inc. (EQIX) have volatilities of 5.74% and 5.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ERIC vs. EQIX - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Equinix, 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