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 -38.90%/yr vs 3.79%/yr for ERIC. At a 0.22 correlation, their price movements are largely independent.
Performance
TUYA vs. ERIC - Performance Comparison
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Returns By Period
In the year-to-date period, TUYA achieves a -3.24% return, which is significantly lower than ERIC's 38.32% return.
TUYA
- 1D
- -4.78%
- 1M
- -17.08%
- YTD
- -3.24%
- 6M
- -13.85%
- 1Y
- -18.00%
- 3Y*
- 1.03%
- 5Y*
- -38.90%
- 10Y*
- —
ERIC
- 1D
- -4.22%
- 1M
- 13.16%
- YTD
- 38.32%
- 6M
- 37.90%
- 1Y
- 60.00%
- 3Y*
- 41.47%
- 5Y*
- 3.79%
- 10Y*
- 8.27%
TUYA vs. ERIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TUYA Tuya Inc. | -3.24% | 19.70% | -18.70% | 20.42% | -69.44% | -75.00% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 38.32% | 24.14% | 33.36% | 13.40% | -44.43% | -17.23% |
Correlation
The correlation between TUYA and ERIC 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 | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2021 | 0.22 |
Fundamentals
TUYA:
$1.23B
ERIC:
$43.99B
TUYA:
$0.10
ERIC:
$7.42
TUYA:
19.45
ERIC:
1.77
TUYA:
0.02
ERIC:
0.00
TUYA:
3.72
ERIC:
0.19
TUYA:
1.22
ERIC:
0.43
TUYA:
$328.70M
ERIC:
$229.49B
TUYA:
$157.17M
ERIC:
$110.27B
TUYA:
$26.01M
ERIC:
$46.17B
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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.
| TUYA | ERIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.37 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 3.82 | -4.43 |
| Martin ratioReturn relative to average drawdown | -1.01 | 9.84 | -10.85 |
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
| TUYA | ERIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.40 | 1.73 | -2.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | 0.11 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.45 | 0.12 | -0.57 |
Drawdowns
TUYA vs. ERIC - Drawdown Comparison
The maximum TUYA drawdown since its inception was -96.81%, 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 | -96.81% | -98.59% | +1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -29.47% | -15.79% | -13.68% |
Max Drawdown (3Y)Largest decline over 3 years | -52.73% | -22.61% | -30.12% |
Max Drawdown (5Y)Largest decline over 5 years | -96.74% | -63.96% | -32.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.59% | — |
Current DrawdownCurrent decline from peak | -91.67% | -81.26% | -10.41% |
Average DrawdownAverage peak-to-trough decline | -83.93% | -67.76% | -16.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.82% | 6.12% | +11.70% |
Volatility
TUYA vs. ERIC - Volatility Comparison
The current volatility for Tuya Inc. (TUYA) is 10.73%, while Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a volatility of 11.58%. 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 | 10.73% | 11.58% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 29.81% | 22.74% | +7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.17% | 34.92% | +10.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.34% | 34.38% | +46.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.97% | 35.15% | +48.82% |
Dividends
TUYA vs. ERIC - Dividend Comparison
TUYA's dividend yield for the trailing twelve months is around 3.07%, more than ERIC's 2.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 2.38% | 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. | 3.07% | 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 Jun 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 Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 24.60B and revenue of 51.13B. Therefore, the gross margin over that period was 48.1%.
TUYA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 5.48B and revenue of 51.13B, resulting in an operating margin of 10.7%.
TUYA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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 Jun 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 920.33M and revenue of 51.13B, resulting in a net margin of 1.8%.
Frequently Asked Questions
TUYA and ERIC 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.
ERIC has higher volatility (11.58%) compared to TUYA (10.73%). In terms of maximum drawdown, TUYA dropped -96.81% vs ERIC's -98.59%.
ERIC currently has the higher Sharpe Ratio (1.73 vs -0.40), 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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