KCR.HE vs. ELISA.HE

Last updated Jun 5, 2026

KCR.HE (Konecranes Plc) and ELISA.HE (Elisa Oyj) are both stocks. KCR.HE operates in Farm & Heavy Construction Machinery (Industrials), while ELISA.HE operates in Telecom Services (Communication Services). Over the past 10 years, KCR.HE returned 19.67%/yr vs 5.53%/yr for ELISA.HE. At a 0.23 correlation, their price movements are largely independent.

Performance

KCR.HE vs. ELISA.HE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Konecranes Plc (KCR.HE) and Elisa Oyj (ELISA.HE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCR.HE achieves a 14.65% return, which is significantly higher than ELISA.HE's 6.34% return. Over the past 10 years, KCR.HE has outperformed ELISA.HE with an annualized return of 19.67%, while ELISA.HE has yielded a comparatively lower 5.53% annualized return.

KCR.HE

• 1D: 0.51%
• 1M: 1.17%
• YTD: 14.65%
• 6M: 20.22%
• 1Y: 58.20%
• 3Y*: 47.52%
• 5Y*: 26.24%
• 10Y*: 19.67%

ELISA.HE

• 1D: -0.75%
• 1M: -4.40%
• YTD: 6.34%
• 6M: 7.31%
• 1Y: -13.87%
• 3Y*: -5.33%
• 5Y*: -0.37%
• 10Y*: 5.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KCR.HE vs. ELISA.HE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KCR.HE Konecranes Plc	14.65%	57.17%	54.26%	47.86%	-14.25%	25.00%	11.05%	7.77%	-28.49%	16.68%
ELISA.HE Elisa Oyj	6.34%	-4.83%	5.13%	-11.97%	-5.15%	25.36%	-5.93%	42.56%	15.22%	10.77%

Correlation

The correlation between KCR.HE and ELISA.HE is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Jul 5, 1999	0.23

The correlation between KCR.HE and ELISA.HE shifts across timeframes, from -0.00 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KCR.HE vs. ELISA.HE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KCR.HE

KCR.HE Risk / Return Rank: 76
KCR.HE Sharpe Ratio Rank: 49
KCR.HE Sortino Ratio Rank: 90
KCR.HE Omega Ratio Rank: 99
KCR.HE Calmar Ratio Rank: 60
KCR.HE Martin Ratio Rank: 81

ELISA.HE

ELISA.HE Risk / Return Rank: 13
ELISA.HE Sharpe Ratio Rank: 10
ELISA.HE Sortino Ratio Rank: 12
ELISA.HE Omega Ratio Rank: 12
ELISA.HE Calmar Ratio Rank: 18
ELISA.HE Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KCR.HE vs. ELISA.HE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Konecranes Plc (KCR.HE) and Elisa Oyj (ELISA.HE). 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.

	KCR.HE	ELISA.HE	Difference
Sharpe ratio: Return per unit of total volatility	0.21	-0.77	+0.98
Sortino ratio: Return per unit of downside risk	3.29	-0.95	+4.24
Omega ratio: Gain probability vs. loss probability	1.98	0.87	+1.11
Calmar ratio: Return relative to maximum drawdown	0.82	-0.65	+1.47
Martin ratio: Return relative to average drawdown	7.09	-1.18	+8.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KCR.HE vs. ELISA.HE - Sharpe Ratio Comparison

The current KCR.HE Sharpe Ratio is 0.21, which is higher than the ELISA.HE Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of KCR.HE and ELISA.HE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KCR.HE	ELISA.HE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	-0.77	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	-0.02	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.28	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.22	+0.03

Drawdowns

KCR.HE vs. ELISA.HE - Drawdown Comparison

The maximum KCR.HE drawdown since its inception was -71.39%, smaller than the maximum ELISA.HE drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for KCR.HE and ELISA.HE.

Drawdown Indicators

	KCR.HE	ELISA.HE	Difference
Max Drawdown Largest peak-to-trough decline	-71.39%	-92.10%	+20.71%
Max Drawdown (1Y) Largest decline over 1 year	-71.39%	-21.54%	-49.85%
Max Drawdown (3Y) Largest decline over 3 years	-71.39%	-24.74%	-46.65%
Max Drawdown (5Y) Largest decline over 5 years	-71.39%	-30.01%	-41.38%
Max Drawdown (10Y) Largest decline over 10 years	-71.39%	-30.01%	-41.38%
Current Drawdown Current decline from peak	-12.88%	-20.90%	+8.02%
Average Drawdown Average peak-to-trough decline	-22.56%	-39.01%	+16.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.25%	11.82%	-3.57%

Volatility

KCR.HE vs. ELISA.HE - Volatility Comparison

Konecranes Plc (KCR.HE) has a higher volatility of 8.55% compared to Elisa Oyj (ELISA.HE) at 4.02%. This indicates that KCR.HE's price experiences larger fluctuations and is considered to be riskier than ELISA.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCR.HE	ELISA.HE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.55%	4.02%	+4.53%
Volatility (6M) Calculated over the trailing 6-month period	174.82%	12.24%	+162.58%
Volatility (1Y) Calculated over the trailing 1-year period	280.19%	18.45%	+261.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	129.13%	16.94%	+112.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.59%	19.71%	+74.88%

Dividends

KCR.HE vs. ELISA.HE - Dividend Comparison

KCR.HE's dividend yield for the trailing twelve months is around 24.35%, more than ELISA.HE's 4.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELISA.HE Elisa Oyj	4.47%	6.23%	5.38%	5.13%	4.14%	3.60%	4.12%	3.55%	4.57%	4.58%	4.53%	3.79%
KCR.HE Konecranes Plc	24.35%	1.76%	2.21%	3.07%	4.35%	2.50%	4.17%	4.38%	4.55%	2.75%	3.11%	4.59%

Financials

Frequently Asked Questions

Can I hold both KCR.HE and ELISA.HE in my portfolio?

KCR.HE and ELISA.HE have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.