NOK vs. ERIC
Compare and contrast key facts about Nokia Corporation (NOK) and Telefonaktiebolaget LM Ericsson (publ) (ERIC).
Performance
NOK vs. ERIC - Performance Comparison
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NOK vs. ERIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 24.94% | 50.85% | 34.33% | -23.97% | -24.44% | 59.08% | 5.39% | -34.91% | 30.04% | -0.22% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 16.79% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 38.51% | 0.17% | 35.45% | 16.57% |
Fundamentals
NOK:
$44.24B
ERIC:
$37.66B
NOK:
$0.11
ERIC:
$8.32
NOK:
73.12
ERIC:
1.36
NOK:
2.49
ERIC:
0.00
NOK:
2.31
ERIC:
0.16
NOK:
2.11
ERIC:
0.34
NOK:
$19.10B
ERIC:
$229.96B
NOK:
$8.04B
ERIC:
$110.70B
NOK:
$1.94B
ERIC:
$47.49B
Returns By Period
In the year-to-date period, NOK achieves a 24.94% return, which is significantly higher than ERIC's 16.79% return. Over the past 10 years, NOK has outperformed ERIC with an annualized return of 6.06%, while ERIC has yielded a comparatively lower 4.00% annualized return.
NOK
- 1D
- 1.01%
- 1M
- 4.15%
- YTD
- 24.94%
- 6M
- 68.98%
- 1Y
- 57.36%
- 3Y*
- 21.88%
- 5Y*
- 17.73%
- 10Y*
- 6.06%
ERIC
- 1D
- 2.18%
- 1M
- -2.84%
- YTD
- 16.79%
- 6M
- 36.28%
- 1Y
- 47.97%
- 3Y*
- 28.80%
- 5Y*
- 0.47%
- 10Y*
- 4.00%
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Return for Risk
NOK vs. ERIC — Risk / Return Rank
NOK
ERIC
NOK vs. ERIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and Telefonaktiebolaget LM Ericsson (publ) (ERIC). 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.
| NOK | ERIC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.38 | -0.04 |
Sortino ratioReturn per unit of downside risk | 2.11 | 2.39 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.54 | -0.13 |
Martin ratioReturn relative to average drawdown | 4.67 | 6.35 | -1.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NOK | ERIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.38 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.01 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.11 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.11 | +0.04 |
Correlation
The correlation between NOK and ERIC is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NOK vs. ERIC - Dividend Comparison
NOK's dividend yield for the trailing twelve months is around 2.03%, more than ERIC's 1.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 2.03% | 2.45% | 3.17% | 3.51% | 1.32% | 0.00% | 0.00% | 3.01% | 4.06% | 4.07% | 6.02% | 2.22% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 1.34% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
Drawdowns
NOK vs. ERIC - Drawdown Comparison
The maximum NOK drawdown since its inception was -95.99%, roughly equal to the maximum ERIC drawdown of -98.59%. Use the drawdown chart below to compare losses from any high point for NOK and ERIC.
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Drawdown Indicators
| NOK | ERIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.99% | -98.59% | +2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -24.59% | -18.74% | -5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -50.56% | -66.59% | +16.03% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | -66.59% | +4.03% |
Current DrawdownCurrent decline from peak | -73.01% | -84.18% | +11.17% |
Average DrawdownAverage peak-to-trough decline | -64.91% | -67.69% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.68% | 7.50% | +5.18% |
Volatility
NOK vs. ERIC - Volatility Comparison
Nokia Corporation (NOK) has a higher volatility of 10.86% compared to Telefonaktiebolaget LM Ericsson (publ) (ERIC) at 9.24%. This indicates that NOK's price experiences larger fluctuations and is considered to be riskier than ERIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOK | ERIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.86% | 9.24% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 35.86% | 26.83% | +9.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.08% | 35.03% | +8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.38% | 34.04% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.11% | 35.24% | +3.87% |
Financials
NOK vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Nokia Corporation and Telefonaktiebolaget LM Ericsson (publ). 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. ERIC - Profitability Comparison
NOK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a gross profit of 2.13B and revenue of 5.34B. Therefore, the gross margin over that period was 40.0%.
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 32.58B and revenue of 67.90B. Therefore, the gross margin over that period was 48.0%.
NOK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported an operating income of 1.31B and revenue of 5.34B, resulting in an operating margin of 24.5%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 11.62B and revenue of 67.90B, resulting in an operating margin of 17.1%.
NOK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a net income of 495.18M and revenue of 5.34B, resulting in a net margin of 9.3%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 8.39B and revenue of 67.90B, resulting in a net margin of 12.4%.