XENE vs. ERIC
XENE (Xenon Pharmaceuticals Inc.) and ERIC (Telefonaktiebolaget LM Ericsson (publ)) are both stocks. XENE operates in Biotechnology (Healthcare), while ERIC operates in Communication Equipment (Technology). Over the past 10 years, XENE returned 24.15%/yr vs 7.41%/yr for ERIC. At a 0.14 correlation, their price movements are largely independent.
Performance
XENE vs. ERIC - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XENE having a 22.24% return and ERIC slightly higher at 23.19%. Over the past 10 years, XENE has outperformed ERIC with an annualized return of 24.15%, while ERIC has yielded a comparatively lower 7.41% annualized return.
XENE
- 1D
- 3.55%
- 1M
- 1.14%
- YTD
- 22.24%
- 6M
- 18.90%
- 1Y
- 70.95%
- 3Y*
- 11.05%
- 5Y*
- 24.94%
- 10Y*
- 24.15%
ERIC
- 1D
- 2.99%
- 1M
- -13.19%
- YTD
- 23.19%
- 6M
- 22.43%
- 1Y
- 45.92%
- 3Y*
- 37.79%
- 5Y*
- 2.59%
- 10Y*
- 7.41%
XENE vs. ERIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XENE Xenon Pharmaceuticals Inc. | 22.24% | 14.34% | -14.89% | 16.81% | 26.22% | 103.12% | 17.32% | 107.77% | 123.36% | -63.31% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 23.19% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 38.51% | 0.17% | 35.45% | 16.57% |
Correlation
The correlation between XENE and ERIC is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2014 | 0.14 |
Fundamentals
XENE:
$4.79B
ERIC:
$39.18B
XENE:
-$4.72
ERIC:
SEK 7.42
XENE:
3.45
ERIC:
3.68
XENE:
$0.00
ERIC:
SEK 229.49B
XENE:
-$78.30M
ERIC:
SEK 110.27B
XENE:
-$399.62M
ERIC:
SEK 46.17B
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Return for Risk
XENE vs. ERIC — Risk / Return Rank
XENE
ERIC
XENE vs. ERIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xenon Pharmaceuticals Inc. (XENE) 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.
| XENE | ERIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.28 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 2.69 | +1.19 |
| Martin ratioReturn relative to average drawdown | 8.65 | 6.86 | +1.78 |
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Drawdowns
XENE vs. ERIC - Drawdown Comparison
The maximum XENE drawdown since its inception was -90.43%, smaller than the maximum ERIC drawdown of -98.59%. Use the drawdown chart below to compare losses from any high point for XENE and ERIC.
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Drawdown Indicators
| XENE | ERIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.43% | -98.59% | +8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -18.40% | -17.18% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -43.59% | -22.61% | -20.98% |
Max Drawdown (5Y)Largest decline over 5 years | -43.59% | -63.96% | +20.37% |
Max Drawdown (10Y)Largest decline over 10 years | -77.66% | -66.59% | -11.07% |
Current DrawdownCurrent decline from peak | -12.70% | -83.31% | +70.61% |
Average DrawdownAverage peak-to-trough decline | -39.42% | -67.77% | +28.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.23% | 6.71% | +1.52% |
Volatility
XENE vs. ERIC - Volatility Comparison
The current volatility for Xenon Pharmaceuticals Inc. (XENE) is 8.27%, while Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a volatility of 14.64%. This indicates that XENE 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
| XENE | ERIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 14.64% | -6.37% |
Volatility (6M)Calculated over the trailing 6-month period | 46.47% | 25.33% | +21.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.90% | 36.67% | +23.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.60% | 34.73% | +32.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.41% | 35.27% | +31.14% |
Dividends
XENE vs. ERIC - Dividend Comparison
XENE has not paid dividends to shareholders, while ERIC's dividend yield for the trailing twelve months is around 2.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 2.67% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
XENE Xenon Pharmaceuticals Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
XENE vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Xenon Pharmaceuticals 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
Frequently Asked Questions
XENE and ERIC have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERIC has higher volatility (14.64%) compared to XENE (8.27%). In terms of maximum drawdown, XENE dropped -90.43% vs ERIC's -98.59%.
ERIC currently has the higher Sharpe Ratio (1.26 vs 1.19), 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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