TUYA vs. ERIC
TUYA (Tuya Inc.) and ERIC (Telefonaktiebolaget LM Ericsson (publ)) are both stocks. Both are in the Technology sector — TUYA in Software - Infrastructure, ERIC in Communication Equipment. Over the past 5 years, TUYA returned -37.95%/yr vs 0.49%/yr for ERIC. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
TUYA vs. ERIC - Performance Comparison
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Returns By Period
In the year-to-date period, TUYA achieves a -18.31% return, which is significantly lower than ERIC's 3.11% return.
TUYA
- 1D
- -1.18%
- 1M
- -4.55%
- 6M
- -17.53%
- YTD
- -18.31%
- 1Y
- -24.73%
- 3Y*
- 2.86%
- 5Y*
- -37.95%
- 10Y*
- —
- ALL TIME*
- -39.44%
ERIC
- 1D
- 0.41%
- 1M
- -9.08%
- 6M
- -7.87%
- YTD
- 3.11%
- 1Y
- 39.83%
- 3Y*
- 29.69%
- 5Y*
- 0.49%
- 10Y*
- 5.79%
- ALL TIME*
- 4.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $143.89M | $174.55M | $138.11M | |
TUYA Tuya Inc. | $977.66K | $1.28M | $2.02M |
TUYA vs. ERIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TUYA Tuya Inc. | -18.31% | 19.70% | -18.70% | 20.42% | -69.44% | -76.85% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.11% | 24.14% | 33.36% | 13.40% | -44.43% | -19.11% |
Correlation
The correlation between TUYA and ERIC is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2021 | 0.21 |
The correlation between TUYA and ERIC shifts across timeframes, from 0.12 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TUYA:
$1.03B
ERIC:
$32.21B
TUYA:
$0.10
ERIC:
SEK 7.34
TUYA:
16.46
ERIC:
12.76
TUYA:
0.02
ERIC:
0.00
TUYA:
3.15
ERIC:
1.36
TUYA:
1.03
ERIC:
3.00
TUYA:
$328.70M
ERIC:
SEK 228.76B
TUYA:
$157.17M
ERIC:
SEK 110.10B
TUYA:
$26.01M
ERIC:
SEK 42.03B
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Return for Risk
TUYA vs. ERIC — Risk / Return Rank
TUYA
ERIC
TUYA vs. ERIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuya Inc. (TUYA) 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.
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.
| TUYA | ERIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.24 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 1.26 | -1.94 |
| Martin ratioReturn relative to average drawdown | -1.35 | 4.27 | -5.62 |
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Drawdowns
TUYA vs. ERIC - Drawdown Comparison
The maximum TUYA drawdown since its inception was -96.93%, roughly equal to the maximum ERIC drawdown of -98.59%. Use the drawdown chart below to compare losses from any high point for TUYA and ERIC.
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Drawdown Indicators
| TUYA | ERIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.93% | -98.59% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -40.85% | -32.24% | -8.61% |
Max Drawdown (3Y)Largest decline over 3 years | -58.43% | -32.24% | -26.19% |
Max Drawdown (5Y)Largest decline over 5 years | -95.93% | -62.82% | -33.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.59% | — |
Current DrawdownCurrent decline from peak | -93.23% | -86.03% | -7.20% |
Average DrawdownAverage peak-to-trough decline | -84.80% | -67.83% | -16.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.67% | 9.49% | +11.18% |
Volatility
TUYA vs. ERIC - Volatility Comparison
The current volatility for Tuya Inc. (TUYA) is 13.78%, while Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a volatility of 17.37%. This indicates that TUYA experiences smaller price fluctuations and is considered to be less risky 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
| TUYA | ERIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | 17.37% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 33.58% | 28.56% | +5.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.71% | 38.91% | +6.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.47% | 35.12% | +45.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.35% | 35.43% | +47.92% |
Dividends
TUYA vs. ERIC - Dividend Comparison
TUYA's dividend yield for the trailing twelve months is around 3.63%, more than ERIC's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.19% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
TUYA Tuya Inc. | 3.63% | 2.89% | 3.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TUYA vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Tuya Inc. 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
TUYA vs. ERIC - Profitability Comparison
TUYA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Tuya Inc. reported a gross profit of 38.01M and revenue of 81.12M. Therefore, the gross margin over that period was 46.9%.
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 26.27B and revenue of 54.32B. Therefore, the gross margin over that period was 48.4%.
TUYA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Tuya Inc. reported an operating income of 4.20M and revenue of 81.12M, resulting in an operating margin of 5.2%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 6.69B and revenue of 54.32B, resulting in an operating margin of 12.3%.
TUYA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Tuya Inc. reported a net income of 15.82M and revenue of 81.12M, resulting in a net margin of 19.5%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 4.17B and revenue of 54.32B, resulting in a net margin of 7.7%.
Frequently Asked Questions
TUYA and ERIC have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERIC has higher volatility (17.37%) compared to TUYA (13.78%). In terms of maximum drawdown, TUYA dropped -96.93% vs ERIC's -98.59%.
ERIC currently has the higher Sharpe Ratio (1.04 vs -0.61), 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.
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