NOK vs. CMCX.L
NOK (Nokia Corporation) and CMCX.L (CMC Markets plc) are both stocks. NOK operates in Communication Equipment (Technology), while CMCX.L operates in Capital Markets (Financial Services). Over the past 10 years, NOK returned 13.24%/yr vs 9.46%/yr for CMCX.L. At a 0.22 correlation, their price movements are largely independent.
Performance
NOK vs. CMCX.L - Performance Comparison
Loading charts...
Different Trading Currencies
NOK is traded in USD, while CMCX.L is traded in GBp. To make them comparable, the CMCX.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NOK achieves a 130.99% return, which is significantly higher than CMCX.L's 54.48% return. Over the past 10 years, NOK has outperformed CMCX.L with an annualized return of 13.24%, while CMCX.L has yielded a comparatively lower 9.46% annualized return.
NOK
- 1D
- 5.04%
- 1M
- 6.09%
- YTD
- 130.99%
- 6M
- 138.36%
- 1Y
- 192.75%
- 3Y*
- 58.70%
- 5Y*
- 25.23%
- 10Y*
- 13.24%
CMCX.L
- 1D
- -0.05%
- 1M
- 23.12%
- YTD
- 54.48%
- 6M
- 63.17%
- 1Y
- 90.70%
- 3Y*
- 49.85%
- 5Y*
- 2.61%
- 10Y*
- 9.46%
NOK vs. CMCX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 130.99% | 50.85% | 34.33% | -23.97% | -24.44% | 59.08% | 5.39% | -34.91% | 30.04% | -0.22% |
CMCX.L CMC Markets plc | 54.48% | 36.76% | 140.02% | -48.87% | -20.49% | -28.90% | 192.62% | 48.98% | -30.92% | 59.26% |
Correlation
The correlation between NOK and CMCX.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2016 | 0.22 |
Fundamentals
NOK:
$84.70B
CMCX.L:
£1.30B
NOK:
€0.14
CMCX.L:
£0.50
NOK:
89.22
CMCX.L:
9.36
NOK:
3.04
CMCX.L:
1.23
NOK:
3.55
CMCX.L:
1.69
NOK:
3.46
CMCX.L:
2.84
NOK:
€20.00B
CMCX.L:
£755.33M
NOK:
€8.82B
CMCX.L:
£533.42M
NOK:
€2.24B
CMCX.L:
£232.99M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NOK vs. CMCX.L — Risk / Return Rank
NOK
CMCX.L
NOK vs. CMCX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and CMC Markets plc (CMCX.L). 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.
| NOK | CMCX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.46 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 7.64 | 4.19 | +3.45 |
| Martin ratioReturn relative to average drawdown | 15.38 | 10.78 | +4.60 |
Loading charts...
Drawdowns
NOK vs. CMCX.L - Drawdown Comparison
The maximum NOK drawdown since its inception was -95.99%, which is greater than CMCX.L's maximum drawdown of -82.48%. Use the drawdown chart below to compare losses from any high point for NOK and CMCX.L.
Loading charts...
Drawdown Indicators
| NOK | CMCX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.99% | -82.48% | -13.51% |
Max Drawdown (1Y)Largest decline over 1 year | -24.45% | -20.24% | -4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -29.74% | -45.82% | +16.08% |
Max Drawdown (5Y)Largest decline over 5 years | -50.56% | -80.36% | +29.80% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | -82.48% | +19.92% |
Current DrawdownCurrent decline from peak | -50.10% | -0.05% | -50.05% |
Average DrawdownAverage peak-to-trough decline | -64.85% | -43.80% | -21.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.22% | 7.88% | +4.34% |
Volatility
NOK vs. CMCX.L - Volatility Comparison
Nokia Corporation (NOK) has a higher volatility of 24.75% compared to CMC Markets plc (CMCX.L) at 17.57%. This indicates that NOK's price experiences larger fluctuations and is considered to be riskier than CMCX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOK | CMCX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.75% | 17.57% | +7.18% |
Volatility (6M)Calculated over the trailing 6-month period | 41.33% | 25.50% | +15.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.49% | 43.41% | +10.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.14% | 48.29% | -11.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.54% | 47.85% | -7.31% |
Dividends
NOK vs. CMCX.L - Dividend Comparison
NOK's dividend yield for the trailing twelve months is around 1.11%, less than CMCX.L's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMCX.L CMC Markets plc | 2.97% | 4.62% | 4.19% | 4.67% | 5.53% | 9.46% | 5.47% | 2.41% | 6.94% | 5.95% | 0.00% | 0.00% |
NOK Nokia Corporation | 1.11% | 2.45% | 3.17% | 3.51% | 1.32% | 0.00% | 0.00% | 3.01% | 4.06% | 4.07% | 6.02% | 2.22% |
Financials
NOK vs. CMCX.L - Financials Comparison
This section allows you to compare key financial metrics between Nokia Corporation and CMC Markets plc. 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
NOK vs. CMCX.L - Profitability Comparison
NOK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nokia Corporation reported a gross profit of 1.99B and revenue of 4.50B. Therefore, the gross margin over that period was 44.2%.
CMCX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a gross profit of 188.08M and revenue of 217.26M. Therefore, the gross margin over that period was 86.6%.
NOK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nokia Corporation reported an operating income of 63.00M and revenue of 4.50B, resulting in an operating margin of 1.4%.
CMCX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported an operating income of 57.64M and revenue of 217.26M, resulting in an operating margin of 26.5%.
NOK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nokia Corporation reported a net income of 86.00M and revenue of 4.50B, resulting in a net margin of 1.9%.
CMCX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a net income of 38.42M and revenue of 217.26M, resulting in a net margin of 17.7%.
Frequently Asked Questions
NOK and CMCX.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for NOK and CMCX.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer