MEKKO.HE vs. PUUILO.HE

Last updated Jun 5, 2026

MEKKO.HE (Marimekko Oyj) and PUUILO.HE (Puuilo Oyj) are both stocks. Both are in the Consumer Cyclical sector — MEKKO.HE in Apparel Manufacturing, PUUILO.HE in Department Stores. Over the past 3 years, MEKKO.HE returned 7.61%/yr vs 30.80%/yr for PUUILO.HE. At a 0.34 correlation, their price movements are largely independent.

Performance

MEKKO.HE vs. PUUILO.HE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Marimekko Oyj (MEKKO.HE) and Puuilo Oyj (PUUILO.HE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MEKKO.HE achieves a -16.15% return, which is significantly lower than PUUILO.HE's 11.72% return.

MEKKO.HE

• 1D: -0.19%
• 1M: 5.15%
• YTD: -16.15%
• 6M: -14.30%
• 1Y: -19.15%
• 3Y*: 7.61%
• 5Y*: -2.48%
• 10Y*: 24.73%

PUUILO.HE

• 1D: 5.02%
• 1M: 10.84%
• YTD: 11.72%
• 6M: -0.94%
• 1Y: 11.11%
• 3Y*: 30.80%
• 5Y*: —
• 10Y*: —

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

MEKKO.HE vs. PUUILO.HE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MEKKO.HE Marimekko Oyj	-16.15%	10.30%	-6.15%	57.40%	-44.89%	29.51%
PUUILO.HE Puuilo Oyj	11.72%	30.67%	18.91%	59.80%	-34.06%	28.79%

Correlation

The correlation between MEKKO.HE and PUUILO.HE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 28, 2021	0.34

Return for Risk

MEKKO.HE vs. PUUILO.HE — Risk / Return Rank

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

MEKKO.HE

MEKKO.HE Risk / Return Rank: 13
MEKKO.HE Sharpe Ratio Rank: 12
MEKKO.HE Sortino Ratio Rank: 14
MEKKO.HE Omega Ratio Rank: 13
MEKKO.HE Calmar Ratio Rank: 14
MEKKO.HE Martin Ratio Rank: 9

PUUILO.HE

PUUILO.HE Risk / Return Rank: 53
PUUILO.HE Sharpe Ratio Rank: 56
PUUILO.HE Sortino Ratio Rank: 52
PUUILO.HE Omega Ratio Rank: 50
PUUILO.HE Calmar Ratio Rank: 52
PUUILO.HE Martin Ratio Rank: 52

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.

MEKKO.HE vs. PUUILO.HE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Marimekko Oyj (MEKKO.HE) and Puuilo Oyj (PUUILO.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.

	MEKKO.HE	PUUILO.HE	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	0.43	-1.12
Sortino ratio: Return per unit of downside risk	-0.83	0.88	-1.71
Omega ratio: Gain probability vs. loss probability	0.89	1.11	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.73	0.48	-1.21
Martin ratio: Return relative to average drawdown	-1.37	0.97	-2.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEKKO.HE vs. PUUILO.HE - Sharpe Ratio Comparison

The current MEKKO.HE Sharpe Ratio is -0.69, which is lower than the PUUILO.HE Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of MEKKO.HE and PUUILO.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

	MEKKO.HE	PUUILO.HE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	0.43	-1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.62	-0.08

Drawdowns

MEKKO.HE vs. PUUILO.HE - Drawdown Comparison

The maximum MEKKO.HE drawdown since its inception was -60.85%, which is greater than PUUILO.HE's maximum drawdown of -52.07%. Use the drawdown chart below to compare losses from any high point for MEKKO.HE and PUUILO.HE.

Drawdown Indicators

	MEKKO.HE	PUUILO.HE	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-52.07%	-8.78%
Max Drawdown (1Y) Largest decline over 1 year	-27.80%	-22.91%	-4.89%
Max Drawdown (3Y) Largest decline over 3 years	-35.00%	-22.91%	-12.09%
Max Drawdown (5Y) Largest decline over 5 years	-53.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.05%	—	—
Current Drawdown Current decline from peak	-31.73%	-4.96%	-26.77%
Average Drawdown Average peak-to-trough decline	-21.99%	-15.32%	-6.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.80%	11.23%	+3.57%

Volatility

MEKKO.HE vs. PUUILO.HE - Volatility Comparison

Marimekko Oyj (MEKKO.HE) has a higher volatility of 12.99% compared to Puuilo Oyj (PUUILO.HE) at 7.10%. This indicates that MEKKO.HE's price experiences larger fluctuations and is considered to be riskier than PUUILO.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MEKKO.HE	PUUILO.HE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.99%	7.10%	+5.89%
Volatility (6M) Calculated over the trailing 6-month period	24.27%	19.28%	+4.99%
Volatility (1Y) Calculated over the trailing 1-year period	29.46%	25.56%	+3.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.85%	30.56%	+5.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.53%	30.56%	+5.97%

Dividends

MEKKO.HE vs. PUUILO.HE - Dividend Comparison

MEKKO.HE's dividend yield for the trailing twelve months is around 4.03%, less than PUUILO.HE's 4.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEKKO.HE Marimekko Oyj	4.03%	3.09%	3.05%	2.55%	43.38%	1.06%	0.00%	1.68%	2.40%	3.96%	3.69%	4.22%
PUUILO.HE Puuilo Oyj	4.93%	5.52%	3.72%	3.81%	5.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MEKKO.HE and PUUILO.HE in my portfolio?

MEKKO.HE and PUUILO.HE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.