VLVLY vs. ERIC
Compare and contrast key facts about Volvo AB ADR (VLVLY) and Telefonaktiebolaget LM Ericsson (publ) (ERIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLVLY or ERIC.
Correlation
The correlation between VLVLY and ERIC is 0.42, 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.
Performance
VLVLY vs. ERIC - Performance Comparison
Key characteristics
VLVLY:
1.08
ERIC:
1.82
VLVLY:
1.59
ERIC:
2.33
VLVLY:
1.21
ERIC:
1.36
VLVLY:
1.95
ERIC:
0.61
VLVLY:
3.53
ERIC:
10.55
VLVLY:
8.54%
ERIC:
5.44%
VLVLY:
27.96%
ERIC:
31.54%
VLVLY:
-49.44%
ERIC:
-98.60%
VLVLY:
0.00%
ERIC:
-88.90%
Fundamentals
VLVLY:
$60.92B
ERIC:
$26.11B
VLVLY:
$2.28
ERIC:
$0.00
VLVLY:
13.36
ERIC:
0.00
VLVLY:
$526.82B
ERIC:
$174.97B
VLVLY:
$144.05B
ERIC:
$77.25B
VLVLY:
$91.35B
ERIC:
$33.43B
Returns By Period
In the year-to-date period, VLVLY achieves a 26.09% return, which is significantly higher than ERIC's -2.36% return.
VLVLY
26.09%
18.81%
19.18%
25.99%
20.50%
N/A
ERIC
-2.36%
-7.85%
11.39%
54.15%
0.57%
-2.19%
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Risk-Adjusted Performance
VLVLY vs. ERIC — Risk-Adjusted Performance Rank
VLVLY
ERIC
VLVLY vs. ERIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volvo AB ADR (VLVLY) 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.
Dividends
VLVLY vs. ERIC - Dividend Comparison
VLVLY's dividend yield for the trailing twelve months is around 5.66%, more than ERIC's 3.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLVLY Volvo AB ADR | 5.66% | 7.13% | 5.03% | 7.63% | 12.71% | 2.24% | 6.44% | 4.10% | 1.86% | 3.04% | 0.00% | 0.00% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.33% | 3.25% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% |
Drawdowns
VLVLY vs. ERIC - Drawdown Comparison
The maximum VLVLY drawdown since its inception was -49.44%, smaller than the maximum ERIC drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for VLVLY and ERIC. For additional features, visit the drawdowns tool.
Volatility
VLVLY vs. ERIC - Volatility Comparison
The current volatility for Volvo AB ADR (VLVLY) is 9.32%, while Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a volatility of 16.86%. This indicates that VLVLY 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.
Financials
VLVLY vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Volvo AB ADR 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