ERIC vs ON
Comparison between Telefonaktiebolaget L M Ericsson (ERIC, Company) and ON Semiconductor Corp (ON, Company).
Both ERIC and ON are from the Technology sector.
5-Year PerformanceON has outperformed ERIC, delivering a return of +24.9% compared to +3.7%
ERIC vs ON - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ERIC vs ON - Historical Returns
Returns include dividend reinvestment.
ERIC vs ON - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ERIC | ON |
|---|---|---|
| 2026 | +44.08% | +104.94% |
| 2025 | +24.02% | -12.25% |
| 2024 | +35.56% | -22.59% |
| 2023 | +11.30% | +35.58% |
| 2022 | -45.19% | -11.12% |
| 2021 | -7.97% | +107.90% |
| 2020 | +35.02% | +30.61% |
| 2019 | +2.95% | +45.29% |
| 2018 | +35.49% | -24.30% |
| 2017 | +17.54% | +65.01% |
| 2016 | -36.67% | +31.55% |
| 2015 | -17.05% | -3.92% |
| 2014 | +4.27% | +26.47% |
| 2013 | +22.24% | +11.80% |
| 2012 | +1.19% | -9.27% |
| 2011 | -10.85% | -21.78% |
| 2010 | +24.31% | +11.39% |
| 2009 | +16.29% | +130.29% |
| 2008 | -28.92% | -60.37% |
| 2007 | -42.50% | +18.40% |
| 2006 | +14.54% | +31.20% |
| 2005 | +10.98% | +24.55% |
| 2004 | +73.40% | -28.50% |
| 2003 | +132.28% | +350.00% |
| 2002 | -87.55% | -39.11% |
| 2001 | -51.99% | -57.54% |
| 2000 | -34.11% | -78.13% |
| 1999 | +57.57% | N/A |
ERIC vs ON Drawdown Comparison
The maximum drawdown for ERIC was -98.59%, occurring on Sep 30, 2002. This drawdown has not yet recovered.
The maximum drawdown for ON was -96.22%, occurring on Oct 4, 2002. Recovery took 4428 trading sessions.
The current ERIC drawdown is -80.87%. The current ON drawdown is -1.83%.
| Rank | ERIC | ON |
|---|---|---|
| #1 | -98.59% Mar 3, 2000 - Sep 30, 2002 | -96.22% Jun 12, 2000 - Jan 18, 2018 |
| #2 | -16.99% Jan 3, 2000 - Jan 25, 2000 | -70.44% Aug 1, 2023 - May 13, 2026 |
| #3 | -9.56% Dec 8, 1999 - Dec 29, 1999 | -68.47% Mar 12, 2018 - Nov 9, 2020 |
| #4 | -8.04% Nov 18, 1999 - Dec 2, 1999 | -33.98% Jan 4, 2022 - Aug 12, 2022 |
| #5 | -4.88% Feb 10, 2000 - Feb 22, 2000 | -25.00% May 2, 2000 - Jun 12, 2000 |
| #6 | -4.72% Jan 25, 2000 - Jan 28, 2000 | -24.69% Aug 25, 2022 - Feb 1, 2023 |
| #7 | -3.64% Dec 29, 1999 - Dec 31, 1999 | -20.99% Apr 5, 2021 - Aug 3, 2021 |
| #8 | -3.11% Nov 8, 1999 - Nov 10, 1999 | -19.45% Feb 14, 2023 - Jun 1, 2023 |
| #9 | -2.04% Feb 28, 2000 - Mar 1, 2000 | -18.14% Jan 29, 2018 - Mar 6, 2018 |
| #10 | -1.20% Nov 1, 1999 - Nov 4, 1999 | -15.32% Sep 27, 2021 - Nov 1, 2021 |
| #11 | -1.05% Dec 6, 1999 - Dec 8, 1999 | -14.86% Mar 1, 2021 - Apr 1, 2021 |
| #12 | -0.96% Nov 11, 1999 - Nov 16, 1999 | -11.55% Jan 19, 2021 - Feb 8, 2021 |
| #13 | -0.53% Nov 16, 1999 - Nov 18, 1999 | -10.43% May 14, 2026 - May 19, 2026 |
| #14 | -0.29% Feb 4, 2000 - Feb 8, 2000 | -10.27% Aug 4, 2021 - Sep 3, 2021 |
| #15 | N/A | -9.86% Feb 19, 2021 - Mar 1, 2021 |
Correlation
Correlation between ERIC and ON is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.
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