ERIC vs. NOK
Compare and contrast key facts about Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Nokia Corporation (NOK).
Performance
ERIC vs. NOK - Performance Comparison
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ERIC vs. NOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 18.65% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 38.51% | 0.17% | 35.45% | 16.57% |
NOK Nokia Corporation | 28.51% | 50.85% | 34.33% | -23.97% | -24.44% | 59.08% | 5.39% | -34.91% | 30.04% | -0.22% |
Fundamentals
ERIC:
$38.27B
NOK:
$45.51B
ERIC:
$8.32
NOK:
$0.11
ERIC:
1.38
NOK:
75.21
ERIC:
0.00
NOK:
2.56
ERIC:
0.17
NOK:
2.38
ERIC:
0.35
NOK:
2.17
ERIC:
$229.96B
NOK:
$19.10B
ERIC:
$110.70B
NOK:
$8.04B
ERIC:
$47.49B
NOK:
$1.94B
Returns By Period
In the year-to-date period, ERIC achieves a 18.65% return, which is significantly lower than NOK's 28.51% return. Over the past 10 years, ERIC has underperformed NOK with an annualized return of 4.16%, while NOK has yielded a comparatively higher 6.36% annualized return.
ERIC
- 1D
- 1.60%
- 1M
- -0.26%
- YTD
- 18.65%
- 6M
- 37.29%
- 1Y
- 49.75%
- 3Y*
- 29.49%
- 5Y*
- 0.79%
- 10Y*
- 4.16%
NOK
- 1D
- 2.86%
- 1M
- 0.12%
- YTD
- 28.51%
- 6M
- 73.46%
- 1Y
- 59.74%
- 3Y*
- 23.03%
- 5Y*
- 18.40%
- 10Y*
- 6.36%
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Return for Risk
ERIC vs. NOK — Risk / Return Rank
ERIC
NOK
ERIC vs. NOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Nokia Corporation (NOK). 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.
| ERIC | NOK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 1.39 | +0.03 |
Sortino ratioReturn per unit of downside risk | 2.45 | 2.17 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.29 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.52 | +0.17 |
Martin ratioReturn relative to average drawdown | 6.71 | 4.88 | +1.83 |
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
| ERIC | NOK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 1.39 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.54 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.16 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.15 | -0.04 |
Correlation
The correlation between ERIC and NOK is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ERIC vs. NOK - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 1.32%, less than NOK's 1.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 1.32% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
NOK Nokia Corporation | 1.97% | 2.45% | 3.17% | 3.51% | 1.32% | 0.00% | 0.00% | 3.01% | 4.06% | 4.07% | 6.02% | 2.22% |
Drawdowns
ERIC vs. NOK - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.59%, roughly equal to the maximum NOK drawdown of -95.99%. Use the drawdown chart below to compare losses from any high point for ERIC and NOK.
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Drawdown Indicators
| ERIC | NOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.59% | -95.99% | -2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.74% | -24.59% | +5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -66.59% | -50.56% | -16.03% |
Max Drawdown (10Y)Largest decline over 10 years | -66.59% | -62.56% | -4.03% |
Current DrawdownCurrent decline from peak | -83.93% | -72.24% | -11.69% |
Average DrawdownAverage peak-to-trough decline | -67.69% | -64.91% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.50% | 12.68% | -5.18% |
Volatility
ERIC vs. NOK - Volatility Comparison
The current volatility for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is 9.21%, while Nokia Corporation (NOK) has a volatility of 10.99%. This indicates that ERIC experiences smaller price fluctuations and is considered to be less risky than NOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERIC | NOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.21% | 10.99% | -1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 26.81% | 35.89% | -9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.06% | 43.15% | -8.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.04% | 34.40% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.24% | 39.11% | -3.87% |
Financials
ERIC vs. NOK - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Nokia Corporation. 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
ERIC vs. NOK - Profitability Comparison
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 32.58B and revenue of 67.90B. Therefore, the gross margin over that period was 48.0%.
NOK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a gross profit of 2.13B and revenue of 5.34B. Therefore, the gross margin over that period was 40.0%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 11.62B and revenue of 67.90B, resulting in an operating margin of 17.1%.
NOK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported an operating income of 1.31B and revenue of 5.34B, resulting in an operating margin of 24.5%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 8.39B and revenue of 67.90B, resulting in a net margin of 12.4%.
NOK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a net income of 495.18M and revenue of 5.34B, resulting in a net margin of 9.3%.