ERIC vs. TSLA
ERIC (Telefonaktiebolaget LM Ericsson (publ)) and TSLA (Tesla, Inc.) are both stocks. ERIC operates in Communication Equipment (Technology), while TSLA operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, ERIC returned 5.98%/yr vs 35.57%/yr for TSLA. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
ERIC vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, ERIC achieves a 5.74% return, which is significantly higher than TSLA's -28.50% return. Over the past 10 years, ERIC has underperformed TSLA with an annualized return of 5.98%, while TSLA has yielded a comparatively higher 35.57% annualized return.
ERIC
- 1D
- -2.04%
- 1M
- -7.62%
- 6M
- -7.66%
- YTD
- 5.74%
- 1Y
- 40.87%
- 3Y*
- 31.13%
- 5Y*
- 1.00%
- 10Y*
- 5.98%
- ALL TIME*
- 4.70%
TSLA
- 1D
- -1.77%
- 1M
- -23.40%
- 6M
- -20.80%
- YTD
- -28.50%
- 1Y
- 4.16%
- 3Y*
- 8.20%
- 5Y*
- 6.65%
- 10Y*
- 35.57%
- ALL TIME*
- 41.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $143.37M | $172.72M | $140.85M | |
TSLA Tesla, Inc. | $14.97B | $13.72B | $18.12B |
ERIC vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 5.74% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 38.51% | 0.17% | 35.45% | 16.57% |
TSLA Tesla, Inc. | -28.50% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
Correlation
The correlation between ERIC and TSLA is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010 | 0.26 |
Fundamentals
ERIC:
$33.03B
TSLA:
$1.27T
ERIC:
SEK 7.34
TSLA:
$1.08
ERIC:
13.06
TSLA:
297.78
ERIC:
0.00
TSLA:
36.43
ERIC:
1.40
TSLA:
10.97
ERIC:
3.07
TSLA:
13.11
ERIC:
SEK 228.76B
TSLA:
$103.62B
ERIC:
SEK 110.10B
TSLA:
$19.53B
ERIC:
SEK 42.03B
TSLA:
$10.41B
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Return for Risk
ERIC vs. TSLA — Risk / Return Rank
ERIC
TSLA
ERIC vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Tesla, Inc. (TSLA). 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 | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.05 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.11 | +1.17 |
| Martin ratioReturn relative to average drawdown | 4.14 | 0.26 | +3.87 |
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Drawdowns
ERIC vs. TSLA - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.59%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for ERIC and TSLA.
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Drawdown Indicators
| ERIC | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.59% | -73.63% | -24.96% |
Max Drawdown (1Y)Largest decline over 1 year | -32.24% | -39.10% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -32.24% | -53.77% | +21.53% |
Max Drawdown (5Y)Largest decline over 5 years | -62.82% | -73.63% | +10.81% |
Max Drawdown (10Y)Largest decline over 10 years | -66.59% | -73.63% | +7.04% |
Current DrawdownCurrent decline from peak | -85.68% | -34.36% | -51.32% |
Average DrawdownAverage peak-to-trough decline | -67.83% | -22.73% | -45.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.91% | 15.75% | -5.84% |
Volatility
ERIC vs. TSLA - Volatility Comparison
Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Tesla, Inc. (TSLA) have volatilities of 17.84% and 18.27%, 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.
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Volatility by Period
| ERIC | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.84% | 18.27% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 28.74% | 34.60% | -5.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.05% | 46.34% | -7.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.17% | 59.69% | -24.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.45% | 59.45% | -24.00% |
Dividends
ERIC vs. TSLA - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 3.11%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.11% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ERIC vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Tesla, 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
ERIC vs. TSLA - Profitability Comparison
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 26.27B and revenue of 54.32B. Therefore, the gross margin over that period was 48.4%.
TSLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Tesla, Inc. reported a gross profit of 4.75B and revenue of 28.24B. Therefore, the gross margin over that period was 16.8%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 6.69B and revenue of 54.32B, resulting in an operating margin of 12.3%.
TSLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Tesla, Inc. reported an operating income of 398.00M and revenue of 28.24B, resulting in an operating margin of 1.4%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 4.17B and revenue of 54.32B, resulting in a net margin of 7.7%.
TSLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Tesla, Inc. reported a net income of 1.11B and revenue of 28.24B, resulting in a net margin of 4.0%.
Frequently Asked Questions
ERIC and TSLA have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (18.27%) compared to ERIC (17.84%). In terms of maximum drawdown, ERIC dropped -98.59% vs TSLA's -73.63%.
ERIC currently has the higher Sharpe Ratio (1.05 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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