Correlation
The correlation between ABBNY and ETN is 0.58, 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.
ABBNY vs. ETN
Compare and contrast key facts about ABB Ltd (ABBNY) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABBNY or ETN.
Performance
ABBNY vs. ETN - Performance Comparison
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Key characteristics
ABBNY:
0.23
ETN:
-0.08
ABBNY:
0.47
ETN:
0.12
ABBNY:
1.06
ETN:
1.02
ABBNY:
0.29
ETN:
-0.11
ABBNY:
0.89
ETN:
-0.27
ABBNY:
6.72%
ETN:
14.05%
ABBNY:
25.83%
ETN:
38.49%
ABBNY:
-93.98%
ETN:
-68.95%
ABBNY:
-3.23%
ETN:
-14.58%
Fundamentals
ABBNY:
$104.39B
ETN:
$127.43B
ABBNY:
$2.24
ETN:
$9.87
ABBNY:
25.50
ETN:
32.91
ABBNY:
2.49
ETN:
2.73
ABBNY:
3.17
ETN:
5.03
ABBNY:
7.72
ETN:
6.89
ABBNY:
$32.92B
ETN:
$25.31B
ABBNY:
$12.65B
ETN:
$9.73B
ABBNY:
$6.43B
ETN:
$5.80B
Returns By Period
In the year-to-date period, ABBNY achieves a 6.69% return, which is significantly higher than ETN's -2.83% return. Over the past 10 years, ABBNY has underperformed ETN with an annualized return of 14.19%, while ETN has yielded a comparatively higher 19.18% annualized return.
ABBNY
6.69%
7.68%
1.22%
5.85%
27.25%
27.94%
14.19%
ETN
-2.83%
9.15%
-14.10%
-2.91%
34.33%
32.85%
19.18%
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Risk-Adjusted Performance
ABBNY vs. ETN — Risk-Adjusted Performance Rank
ABBNY
ETN
ABBNY vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABB Ltd (ABBNY) and Eaton Corporation plc (ETN). 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.
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Dividends
ABBNY vs. ETN - Dividend Comparison
ABBNY's dividend yield for the trailing twelve months is around 1.75%, more than ETN's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBNY ABB Ltd | 1.75% | 1.85% | 2.07% | 2.79% | 2.31% | 2.79% | 3.34% | 4.38% | 2.84% | 3.65% | 4.40% | 3.73% |
ETN Eaton Corporation plc | 1.24% | 1.13% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% |
Drawdowns
ABBNY vs. ETN - Drawdown Comparison
The maximum ABBNY drawdown since its inception was -93.98%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for ABBNY and ETN.
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Volatility
ABBNY vs. ETN - Volatility Comparison
The current volatility for ABB Ltd (ABBNY) is 5.58%, while Eaton Corporation plc (ETN) has a volatility of 6.66%. This indicates that ABBNY experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ABBNY vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between ABB Ltd and Eaton Corporation plc. 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
ABBNY vs. ETN - Profitability Comparison
ABBNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ABB Ltd reported a gross profit of 3.31B and revenue of 7.94B. Therefore, the gross margin over that period was 41.7%.
ETN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported a gross profit of 2.45B and revenue of 6.38B. Therefore, the gross margin over that period was 38.4%.
ABBNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ABB Ltd reported an operating income of 1.57B and revenue of 7.94B, resulting in an operating margin of 19.8%.
ETN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported an operating income of 1.20B and revenue of 6.38B, resulting in an operating margin of 18.8%.
ABBNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ABB Ltd reported a net income of 1.10B and revenue of 7.94B, resulting in a net margin of 13.9%.
ETN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Eaton Corporation plc reported a net income of 964.00M and revenue of 6.38B, resulting in a net margin of 15.1%.