KESKOA.HE vs. ELISA.HE

Last updated Apr 3, 2026

Compare and contrast key facts about Kesko Oyj (KESKOA.HE) and Elisa Oyj (ELISA.HE).

Performance

KESKOA.HE vs. ELISA.HE - Performance Comparison

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KESKOA.HE Kesko Oyj	1.30%	12.10%	4.82%	-6.24%	-21.15%	39.89%	51.07%	41.26%	3.92%	5.30%
ELISA.HE Elisa Oyj	11.50%	-4.83%	5.13%	-11.97%	-5.15%	25.36%	-5.93%	42.56%	15.22%	10.77%

Returns By Period

In the year-to-date period, KESKOA.HE achieves a 1.30% return, which is significantly lower than ELISA.HE's 11.50% return. Over the past 10 years, KESKOA.HE has outperformed ELISA.HE with an annualized return of 13.80%, while ELISA.HE has yielded a comparatively lower 6.70% annualized return.

KESKOA.HE

• 1D: -0.63%
• 1M: -1.38%
• YTD: 1.30%
• 6M: 8.67%
• 1Y: 6.46%
• 3Y*: 4.00%
• 5Y*: 0.94%
• 10Y*: 13.80%

ELISA.HE

• 1D: 0.19%
• 1M: -2.05%
• YTD: 11.50%
• 6M: -2.38%
• 1Y: -2.69%
• 3Y*: -4.51%
• 5Y*: 0.18%
• 10Y*: 6.70%

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

Return for Risk

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

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

KESKOA.HE

KESKOA.HE Risk / Return Rank: 48
KESKOA.HE Sharpe Ratio Rank: 53
KESKOA.HE Sortino Ratio Rank: 43
KESKOA.HE Omega Ratio Rank: 43
KESKOA.HE Calmar Ratio Rank: 51
KESKOA.HE Martin Ratio Rank: 49

ELISA.HE

ELISA.HE Risk / Return Rank: 32
ELISA.HE Sharpe Ratio Rank: 34
ELISA.HE Sortino Ratio Rank: 27
ELISA.HE Omega Ratio Rank: 27
ELISA.HE Calmar Ratio Rank: 37
ELISA.HE Martin Ratio Rank: 37

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.

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

This table presents a comparison of risk-adjusted performance metrics for Kesko Oyj (KESKOA.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.

	KESKOA.HE	ELISA.HE	Difference
Sharpe ratio Return per unit of total volatility	0.35	-0.14	+0.49
Sortino ratio Return per unit of downside risk	0.59	-0.05	+0.64
Omega ratio Gain probability vs. loss probability	1.08	0.99	+0.09
Calmar ratio Return relative to maximum drawdown	0.52	-0.07	+0.59
Martin ratio Return relative to average drawdown	0.97	-0.15	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current KESKOA.HE Sharpe Ratio is 0.35, which is higher than the ELISA.HE Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of KESKOA.HE and ELISA.HE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KESKOA.HE	ELISA.HE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	-0.14	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.01	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.34	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	0.23	-1.00

Correlation

The correlation between KESKOA.HE and ELISA.HE is 0.18, 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.

Dividends

KESKOA.HE vs. ELISA.HE - Dividend Comparison

KESKOA.HE's dividend yield for the trailing twelve months is around 4.72%, less than ELISA.HE's 7.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KESKOA.HE Kesko Oyj	4.72%	4.83%	4.26%	6.00%	5.21%	2.76%	27.15%	3.98%	5.05%	4.54%	5.70%	4.82%
ELISA.HE Elisa Oyj	7.11%	6.23%	5.38%	5.13%	4.14%	3.60%	4.12%	3.55%	4.57%	4.58%	4.53%	3.79%

Drawdowns

KESKOA.HE vs. ELISA.HE - Drawdown Comparison

The maximum KESKOA.HE drawdown since its inception was -100.00%, which is greater than ELISA.HE's maximum drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for KESKOA.HE and ELISA.HE.

Drawdown Indicators

	KESKOA.HE	ELISA.HE	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-92.10%	-7.90%
Max Drawdown (1Y) Largest decline over 1 year	-13.13%	-21.54%	+8.41%
Max Drawdown (5Y) Largest decline over 5 years	-49.07%	-30.01%	-19.06%
Max Drawdown (10Y) Largest decline over 10 years	-49.07%	-30.01%	-19.06%
Current Drawdown Current decline from peak	-99.97%	-17.06%	-82.91%
Average Drawdown Average peak-to-trough decline	-98.18%	-39.14%	-59.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.99%	11.08%	-4.09%

Volatility

KESKOA.HE vs. ELISA.HE - Volatility Comparison

The current volatility for Kesko Oyj (KESKOA.HE) is 4.76%, while Elisa Oyj (ELISA.HE) has a volatility of 5.79%. This indicates that KESKOA.HE experiences smaller price fluctuations and is considered to be less risky than ELISA.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KESKOA.HE	ELISA.HE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	5.79%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	12.18%	14.94%	-2.76%
Volatility (1Y) Calculated over the trailing 1-year period	18.39%	19.68%	-1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.58%	16.83%	+5.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.05%	19.76%	+3.29%

Financials