KNEBV.HE vs. OTIS
KNEBV.HE (KONE Oyj) and OTIS (Otis Worldwide Corporation) are both stocks. Both operate in the Specialty Industrial Machinery industry within the Industrials sector. Over the past 5 years, KNEBV.HE returned -2.96%/yr vs -2.18%/yr for OTIS. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
KNEBV.HE vs. OTIS - Performance Comparison
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Different Trading Currencies
KNEBV.HE is traded in EUR, while OTIS is traded in USD. To make them comparable, the OTIS values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with KNEBV.HE having a -14.72% return and OTIS slightly lower at -15.18%.
KNEBV.HE
- 1D
- 1.40%
- 1M
- -1.65%
- 6M
- -14.80%
- YTD
- -14.72%
- 1Y
- -2.88%
- 3Y*
- 6.20%
- 5Y*
- -2.96%
- 10Y*
- 4.80%
- ALL TIME*
- 22.92%
OTIS
- 1D
- 0.35%
- 1M
- -2.43%
- 6M
- -12.50%
- YTD
- -15.18%
- 1Y
- -13.14%
- 3Y*
- -7.05%
- 5Y*
- -2.18%
- 10Y*
- —
- ALL TIME*
- 9.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
KNEBV.HE KONE Oyj | €44.67M | €36.58M | €43.93M |
| €288.17M | €248.93M | €245.37M |
KNEBV.HE vs. OTIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KNEBV.HE KONE Oyj | -14.72% | 33.28% | 8.26% | -3.05% | -20.11% | -1.90% | 37.63% |
OTIS Otis Worldwide Corporation | -15.18% | -15.38% | 12.11% | 12.57% | -3.10% | 40.16% | 48.81% |
Correlation
The correlation between KNEBV.HE and OTIS is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2020 | 0.25 |
The correlation between KNEBV.HE and OTIS shifts across timeframes, from 0.25 (3 years) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
KNEBV.HE vs. OTIS — Risk / Return Rank
KNEBV.HE
OTIS
KNEBV.HE vs. OTIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KONE Oyj (KNEBV.HE) and Otis Worldwide Corporation (OTIS). 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.
| KNEBV.HE | OTIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.90 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | -0.61 | +0.43 |
| Martin ratioReturn relative to average drawdown | -0.41 | -1.23 | +0.82 |
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Drawdowns
KNEBV.HE vs. OTIS - Drawdown Comparison
The maximum KNEBV.HE drawdown since its inception was -49.28%, which is greater than OTIS's maximum drawdown of -37.19%. Use the drawdown chart below to compare losses from any high point for KNEBV.HE and OTIS.
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Drawdown Indicators
| KNEBV.HE | OTIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.28% | -37.19% | -12.09% |
Max Drawdown (1Y)Largest decline over 1 year | -24.77% | -25.13% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -31.20% | -37.19% | +5.99% |
Max Drawdown (5Y)Largest decline over 5 years | -44.72% | -37.19% | -7.53% |
Max Drawdown (10Y)Largest decline over 10 years | -45.72% | — | — |
Current DrawdownCurrent decline from peak | -26.22% | -34.23% | +8.01% |
Average DrawdownAverage peak-to-trough decline | -12.21% | -8.66% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.53% | 12.43% | -1.90% |
Volatility
KNEBV.HE vs. OTIS - Volatility Comparison
The current volatility for KONE Oyj (KNEBV.HE) is 7.45%, while Otis Worldwide Corporation (OTIS) has a volatility of 8.22%. This indicates that KNEBV.HE experiences smaller price fluctuations and is considered to be less risky than OTIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNEBV.HE | OTIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 8.22% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 17.40% | 17.53% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.24% | 20.96% | -0.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.17% | 21.82% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.11% | 25.34% | -0.23% |
Dividends
KNEBV.HE vs. OTIS - Dividend Comparison
KNEBV.HE's dividend yield for the trailing twelve months is around 3.59%, more than OTIS's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNEBV.HE KONE Oyj | 3.59% | 2.97% | 3.72% | 3.88% | 4.35% | 3.57% | 2.56% | 2.83% | 3.96% | 3.46% | 3.29% | 3.06% |
OTIS Otis Worldwide Corporation | 2.36% | 1.89% | 1.63% | 1.46% | 1.42% | 1.06% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KNEBV.HE vs. OTIS - Financials Comparison
This section allows you to compare key financial metrics between KONE Oyj and Otis Worldwide 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
Frequently Asked Questions
KNEBV.HE and OTIS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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