AON vs. NVT
AON (Aon plc) and NVT (nVent Electric plc) are both stocks. AON operates in Insurance Brokers (Financial Services), while NVT operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, AON returned 6.89%/yr vs 41.15%/yr for NVT. At a 0.27 correlation, their price movements are largely independent.
Performance
AON vs. NVT - Performance Comparison
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Returns By Period
In the year-to-date period, AON achieves a -4.52% return, which is significantly lower than NVT's 63.18% return.
AON
- 1D
- 0.04%
- 1M
- 7.85%
- YTD
- -4.52%
- 6M
- -4.77%
- 1Y
- -4.90%
- 3Y*
- 2.54%
- 5Y*
- 6.89%
- 10Y*
- 13.10%
NVT
- 1D
- 0.80%
- 1M
- -4.09%
- YTD
- 63.18%
- 6M
- 63.60%
- 1Y
- 139.62%
- 3Y*
- 52.46%
- 5Y*
- 41.15%
- 10Y*
- —
AON vs. NVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | -4.52% | -0.94% | 24.45% | -2.31% | 0.61% | 43.39% | 2.37% | 44.68% | 2.86% |
NVT nVent Electric plc | 63.18% | 51.27% | 16.63% | 55.98% | 3.32% | 67.15% | -5.68% | 17.24% | 7.52% |
Correlation
The correlation between AON and NVT is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.27 |
The correlation between AON and NVT shifts across timeframes, from -0.24 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AON:
$72.23B
NVT:
$27.20B
AON:
$18.21
NVT:
$3.00
AON:
18.41
NVT:
55.32
AON:
0.47
NVT:
1.33
AON:
4.15
NVT:
6.29
AON:
7.34
NVT:
7.16
AON:
$17.49B
NVT:
$4.33B
AON:
$9.77B
NVT:
$1.60B
AON:
$6.55B
NVT:
$857.60M
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Return for Risk
AON vs. NVT — Risk / Return Rank
AON
NVT
AON vs. NVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aon plc (AON) and nVent Electric plc (NVT). 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.
| AON | NVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.62 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.51 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 8.30 | -8.58 |
| Martin ratioReturn relative to average drawdown | -0.53 | 28.25 | -28.77 |
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Drawdowns
AON vs. NVT - Drawdown Comparison
The maximum AON drawdown since its inception was -69.05%, which is greater than NVT's maximum drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for AON and NVT.
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Drawdown Indicators
| AON | NVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.05% | -56.18% | -12.87% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -16.93% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -23.84% | -46.67% | +22.83% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -46.67% | +21.29% |
Max Drawdown (10Y)Largest decline over 10 years | -38.73% | — | — |
Current DrawdownCurrent decline from peak | -17.16% | -5.98% | -11.18% |
Average DrawdownAverage peak-to-trough decline | -13.67% | -11.82% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 4.96% | +4.33% |
Volatility
AON vs. NVT - Volatility Comparison
The current volatility for Aon plc (AON) is 5.69%, while nVent Electric plc (NVT) has a volatility of 12.76%. This indicates that AON experiences smaller price fluctuations and is considered to be less risky than NVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AON | NVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.69% | 12.76% | -7.07% |
Volatility (6M)Calculated over the trailing 6-month period | 19.50% | 32.57% | -13.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.54% | 41.19% | -17.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.11% | 36.06% | -12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.45% | 38.49% | -15.04% |
Dividends
AON vs. NVT - Dividend Comparison
AON's dividend yield for the trailing twelve months is around 0.91%, more than NVT's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | 0.91% | 0.82% | 0.74% | 0.83% | 0.73% | 0.66% | 0.84% | 0.83% | 1.35% | 1.05% | 1.16% | 1.25% |
NVT nVent Electric plc | 0.49% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% | 0.00% | 0.00% | 0.00% |
Financials
AON vs. NVT - Financials Comparison
This section allows you to compare key financial metrics between Aon plc and nVent Electric 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
AON vs. NVT - Profitability Comparison
AON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aon plc reported a gross profit of 2.64B and revenue of 5.03B. Therefore, the gross margin over that period was 52.5%.
NVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a gross profit of 445.60M and revenue of 1.24B. Therefore, the gross margin over that period was 35.9%.
AON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aon plc reported an operating income of 1.72B and revenue of 5.03B, resulting in an operating margin of 34.1%.
NVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported an operating income of 195.70M and revenue of 1.24B, resulting in an operating margin of 15.8%.
AON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aon plc reported a net income of 1.21B and revenue of 5.03B, resulting in a net margin of 24.1%.
NVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a net income of 142.40M and revenue of 1.24B, resulting in a net margin of 11.5%.
Frequently Asked Questions
AON and NVT have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVT has higher volatility (12.76%) compared to AON (5.69%). In terms of maximum drawdown, AON dropped -69.05% vs NVT's -56.18%.
NVT currently has the higher Sharpe Ratio (3.41 vs -0.21), 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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