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NOK vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NOK vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nokia Corporation (NOK) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
8.95%
12.85%
NOK
VOO

Returns By Period

The year-to-date returns for both investments are quite close, with NOK having a 25.25% return and VOO slightly higher at 26.16%. Over the past 10 years, NOK has underperformed VOO with an annualized return of -4.03%, while VOO has yielded a comparatively higher 13.18% annualized return.


NOK

YTD

25.25%

1M

-12.31%

6M

8.96%

1Y

21.35%

5Y (annualized)

5.82%

10Y (annualized)

-4.03%

VOO

YTD

26.16%

1M

1.77%

6M

13.62%

1Y

32.33%

5Y (annualized)

15.68%

10Y (annualized)

13.18%

Key characteristics


NOKVOO
Sharpe Ratio0.642.70
Sortino Ratio1.123.60
Omega Ratio1.151.50
Calmar Ratio0.243.90
Martin Ratio3.5217.65
Ulcer Index6.06%1.86%
Daily Std Dev33.62%12.19%
Max Drawdown-95.97%-33.99%
Current Drawdown-86.32%-0.86%

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Correlation

-0.50.00.51.00.5

The correlation between NOK and VOO is 0.53, 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.

Risk-Adjusted Performance

NOK vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for NOK, currently valued at 0.64, compared to the broader market-4.00-2.000.002.004.000.642.70
The chart of Sortino ratio for NOK, currently valued at 1.12, compared to the broader market-4.00-2.000.002.004.001.123.60
The chart of Omega ratio for NOK, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.50
The chart of Calmar ratio for NOK, currently valued at 0.35, compared to the broader market0.002.004.006.000.353.90
The chart of Martin ratio for NOK, currently valued at 3.52, compared to the broader market0.0010.0020.0030.003.5217.65
NOK
VOO

The current NOK Sharpe Ratio is 0.64, which is lower than the VOO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of NOK and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.64
2.70
NOK
VOO

Dividends

NOK vs. VOO - Dividend Comparison

NOK's dividend yield for the trailing twelve months is around 3.41%, more than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
NOK
Nokia Corporation
3.41%5.47%1.32%0.00%0.00%3.02%4.05%3.91%6.22%2.26%6.50%0.00%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

NOK vs. VOO - Drawdown Comparison

The maximum NOK drawdown since its inception was -95.97%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NOK and VOO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-43.89%
-0.86%
NOK
VOO

Volatility

NOK vs. VOO - Volatility Comparison

Nokia Corporation (NOK) has a higher volatility of 10.38% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that NOK's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
10.38%
3.99%
NOK
VOO