NOK vs. REIT
NOK (Nokia Corporation) is a stock, while REIT (ALPS Active REIT ETF) is REIT fund actively managed by ALPS. Over the past 5 years, NOK returned 25.23%/yr vs 4.64%/yr for REIT. At a 0.37 correlation, their price movements are largely independent.
Performance
NOK vs. REIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NOK achieves a 130.99% return, which is significantly higher than REIT's 17.44% 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%
REIT
- 1D
- 0.97%
- 1M
- 4.83%
- YTD
- 17.44%
- 6M
- 17.70%
- 1Y
- 18.15%
- 3Y*
- 11.38%
- 5Y*
- 4.64%
- 10Y*
- —
NOK vs. REIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NOK Nokia Corporation | 130.99% | 50.85% | 34.33% | -23.97% | -24.44% | 53.58% |
REIT ALPS Active REIT ETF | 17.44% | -0.55% | 7.11% | 13.74% | -21.23% | 33.02% |
Correlation
The correlation between NOK and REIT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2021 | 0.37 |
Over the past year, the correlation between NOK and REIT has dropped to 0.14 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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. REIT — Risk / Return Rank
NOK
REIT
NOK vs. REIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and ALPS Active REIT ETF (REIT). 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 | REIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.23 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 7.64 | 2.35 | +5.29 |
| Martin ratioReturn relative to average drawdown | 15.38 | 6.81 | +8.57 |
Loading charts...
Drawdowns
NOK vs. REIT - Drawdown Comparison
The maximum NOK drawdown since its inception was -95.99%, which is greater than REIT's maximum drawdown of -29.30%. Use the drawdown chart below to compare losses from any high point for NOK and REIT.
Loading charts...
Drawdown Indicators
| NOK | REIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.99% | -29.30% | -66.69% |
Max Drawdown (1Y)Largest decline over 1 year | -24.45% | -7.35% | -17.10% |
Max Drawdown (3Y)Largest decline over 3 years | -29.74% | -18.19% | -11.55% |
Max Drawdown (5Y)Largest decline over 5 years | -50.56% | -29.30% | -21.26% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | — | — |
Current DrawdownCurrent decline from peak | -50.10% | 0.00% | -50.10% |
Average DrawdownAverage peak-to-trough decline | -64.85% | -10.32% | -54.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.22% | 2.53% | +9.69% |
Volatility
NOK vs. REIT - Volatility Comparison
Nokia Corporation (NOK) has a higher volatility of 24.75% compared to ALPS Active REIT ETF (REIT) at 4.60%. This indicates that NOK's price experiences larger fluctuations and is considered to be riskier than REIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOK | REIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.75% | 4.60% | +20.15% |
Volatility (6M)Calculated over the trailing 6-month period | 41.33% | 9.43% | +31.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.49% | 13.07% | +40.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.14% | 18.48% | +18.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.54% | 18.37% | +22.17% |
Dividends
NOK vs. REIT - Dividend Comparison
NOK's dividend yield for the trailing twelve months is around 1.11%, less than REIT's 2.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
REIT ALPS Active REIT ETF | 2.69% | 3.20% | 3.06% | 3.13% | 2.81% | 4.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NOK and REIT have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOK has higher volatility (24.75%) compared to REIT (4.60%). In terms of maximum drawdown, NOK dropped -95.99% vs REIT's -29.30%.
NOK currently has the higher Sharpe Ratio (3.49 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NOK and REIT
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