ERIC vs. TIMB
ERIC (Telefonaktiebolaget LM Ericsson (publ)) and TIMB (TIM S.A.) are both stocks. ERIC operates in Communication Equipment (Technology), while TIMB operates in Telecom Services (Communication Services). Over the past 5 years, ERIC returned 2.33%/yr vs 19.21%/yr for TIMB. At a 0.24 correlation, their price movements are largely independent.
Performance
ERIC vs. TIMB - Performance Comparison
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Returns By Period
In the year-to-date period, ERIC achieves a 29.07% return, which is significantly higher than TIMB's 15.30% return.
ERIC
- 1D
- 1.15%
- 1M
- -1.76%
- YTD
- 29.07%
- 6M
- 30.15%
- 1Y
- 51.44%
- 3Y*
- 37.54%
- 5Y*
- 2.33%
- 10Y*
- 8.16%
TIMB
- 1D
- 0.54%
- 1M
- 1.69%
- YTD
- 15.30%
- 6M
- 11.44%
- 1Y
- 31.26%
- 3Y*
- 22.01%
- 5Y*
- 19.21%
- 10Y*
- —
ERIC vs. TIMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 29.07% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 10.65% |
TIMB TIM S.A. | 15.30% | 86.96% | -33.24% | 68.57% | 4.05% | -13.46% | 23.03% |
Correlation
The correlation between ERIC and TIMB is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | 0.24 |
Fundamentals
ERIC:
$41.05B
TIMB:
$10.65B
ERIC:
SEK 7.42
TIMB:
R$9.00
ERIC:
15.64
TIMB:
12.63
ERIC:
0.00
TIMB:
0.76
ERIC:
1.69
TIMB:
2.02
ERIC:
3.81
TIMB:
2.22
ERIC:
SEK 229.49B
TIMB:
R$27.04B
ERIC:
SEK 110.27B
TIMB:
R$14.61B
ERIC:
SEK 46.17B
TIMB:
R$13.92B
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Return for Risk
ERIC vs. TIMB — Risk / Return Rank
ERIC
TIMB
ERIC vs. TIMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and TIM S.A. (TIMB). 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.
| ERIC | TIMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.17 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 1.22 | +1.91 |
| Martin ratioReturn relative to average drawdown | 7.76 | 3.35 | +4.40 |
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Drawdowns
ERIC vs. TIMB - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.59%, which is greater than TIMB's maximum drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for ERIC and TIMB.
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Drawdown Indicators
| ERIC | TIMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.59% | -37.08% | -61.51% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -23.82% | +8.03% |
Max Drawdown (3Y)Largest decline over 3 years | -22.61% | -37.08% | +14.47% |
Max Drawdown (5Y)Largest decline over 5 years | -63.96% | -37.08% | -26.88% |
Max Drawdown (10Y)Largest decline over 10 years | -66.59% | — | — |
Current DrawdownCurrent decline from peak | -82.52% | -20.28% | -62.24% |
Average DrawdownAverage peak-to-trough decline | -67.77% | -12.14% | -55.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.38% | 8.68% | -2.30% |
Volatility
ERIC vs. TIMB - Volatility Comparison
Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a higher volatility of 14.05% compared to TIM S.A. (TIMB) at 6.33%. This indicates that ERIC's price experiences larger fluctuations and is considered to be riskier than TIMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERIC | TIMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.05% | 6.33% | +7.72% |
Volatility (6M)Calculated over the trailing 6-month period | 24.72% | 25.37% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.24% | 31.42% | +4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.63% | 31.55% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.26% | 32.10% | +3.16% |
Dividends
ERIC vs. TIMB - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 2.55%, less than TIMB's 8.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 2.55% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
TIMB TIM S.A. | 8.17% | 11.67% | 6.03% | 4.98% | 4.05% | 3.43% | 3.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ERIC vs. TIMB - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and TIM S.A.. 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. TIMB - Profitability Comparison
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 24.60B and revenue of 51.13B. Therefore, the gross margin over that period was 48.1%.
TIMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TIM S.A. reported a gross profit of 3.56B and revenue of 6.81B. Therefore, the gross margin over that period was 52.4%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 5.48B and revenue of 51.13B, resulting in an operating margin of 10.7%.
TIMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TIM S.A. reported an operating income of 1.57B and revenue of 6.81B, resulting in an operating margin of 23.1%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 920.33M and revenue of 51.13B, resulting in a net margin of 1.8%.
TIMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TIM S.A. reported a net income of 817.09M and revenue of 6.81B, resulting in a net margin of 12.0%.
Frequently Asked Questions
ERIC and TIMB have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERIC has higher volatility (14.05%) compared to TIMB (6.33%). In terms of maximum drawdown, ERIC dropped -98.59% vs TIMB's -37.08%.
ERIC currently has the higher Sharpe Ratio (1.37 vs 0.93), 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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