ENOV vs. ITT
ENOV (Enovis Corp) and ITT (ITT Inc.) are both stocks. Both operate in the Specialty Industrial Machinery industry within the Industrials sector. Over the past 10 years, ENOV returned -7.79%/yr vs 19.91%/yr for ITT. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
ENOV vs. ITT - Performance Comparison
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Returns By Period
In the year-to-date period, ENOV achieves a -19.07% return, which is significantly lower than ITT's 12.08% return. Over the past 10 years, ENOV has underperformed ITT with an annualized return of -7.79%, while ITT has yielded a comparatively higher 19.91% annualized return.
ENOV
- 1D
- -1.73%
- 1M
- -7.63%
- YTD
- -19.07%
- 6M
- -26.37%
- 1Y
- -29.73%
- 3Y*
- -27.36%
- 5Y*
- -22.84%
- 10Y*
- -7.79%
ITT
- 1D
- -0.04%
- 1M
- -7.16%
- YTD
- 12.08%
- 6M
- 7.68%
- 1Y
- 29.47%
- 3Y*
- 34.06%
- 5Y*
- 16.75%
- 10Y*
- 19.91%
ENOV vs. ITT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENOV Enovis Corp | -19.07% | -39.29% | -21.67% | 4.67% | -32.36% | 20.21% | 5.11% | 74.07% | -47.25% | 10.27% |
ITT ITT Inc. | 12.08% | 22.52% | 20.86% | 48.91% | -19.50% | 33.95% | 5.47% | 54.60% | -8.66% | 40.06% |
Correlation
The correlation between ENOV and ITT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 9, 2008 | 0.60 |
Over the past year, the correlation between ENOV and ITT has dropped to 0.35 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
Fundamentals
ENOV:
-$26.70
ITT:
$5.58
ENOV:
0.40
ITT:
3.76
ENOV:
$2.28B
ITT:
$4.24B
ENOV:
$1.38B
ITT:
$1.50B
ENOV:
-$840.37M
ITT:
$793.20M
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Return for Risk
ENOV vs. ITT — Risk / Return Rank
ENOV
ITT
ENOV vs. ITT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enovis Corp (ENOV) and ITT Inc. (ITT). 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.
| ENOV | ITT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.21 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 2.04 | -2.78 |
| Martin ratioReturn relative to average drawdown | -1.17 | 4.86 | -6.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENOV | ITT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.55 | 1.00 | -1.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.59 | 0.58 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.18 | 0.63 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.36 | -0.42 |
Drawdowns
ENOV vs. ITT - Drawdown Comparison
The maximum ENOV drawdown since its inception was -83.36%, which is greater than ITT's maximum drawdown of -74.46%. Use the drawdown chart below to compare losses from any high point for ENOV and ITT.
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Drawdown Indicators
| ENOV | ITT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.36% | -74.46% | -8.90% |
Max Drawdown (1Y)Largest decline over 1 year | -40.29% | -14.50% | -25.79% |
Max Drawdown (3Y)Largest decline over 3 years | -67.26% | -29.09% | -38.17% |
Max Drawdown (5Y)Largest decline over 5 years | -76.46% | -37.97% | -38.49% |
Max Drawdown (10Y)Largest decline over 10 years | -76.46% | -49.52% | -26.94% |
Current DrawdownCurrent decline from peak | -83.28% | -12.46% | -70.82% |
Average DrawdownAverage peak-to-trough decline | -45.92% | -18.96% | -26.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.34% | 6.07% | +19.27% |
Volatility
ENOV vs. ITT - Volatility Comparison
Enovis Corp (ENOV) has a higher volatility of 19.66% compared to ITT Inc. (ITT) at 9.14%. This indicates that ENOV's price experiences larger fluctuations and is considered to be riskier than ITT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENOV | ITT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.66% | 9.14% | +10.52% |
Volatility (6M)Calculated over the trailing 6-month period | 39.94% | 22.81% | +17.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.08% | 29.69% | +24.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.61% | 29.17% | +9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.30% | 31.92% | +10.38% |
Dividends
ENOV vs. ITT - Dividend Comparison
ENOV has not paid dividends to shareholders, while ITT's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOV Enovis Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITT ITT Inc. | 0.56% | 0.81% | 0.89% | 0.97% | 1.30% | 0.86% | 0.88% | 0.80% | 1.11% | 0.96% | 1.29% | 1.30% |
Financials
ENOV vs. ITT - Financials Comparison
This section allows you to compare key financial metrics between Enovis Corp and ITT Inc.. 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
ENOV vs. ITT - Profitability Comparison
ENOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enovis Corp reported a gross profit of 365.49M and revenue of 589.15M. Therefore, the gross margin over that period was 62.0%.
ITT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported a gross profit of 428.80M and revenue of 1.21B. Therefore, the gross margin over that period was 35.4%.
ENOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enovis Corp reported an operating income of 6.53M and revenue of 589.15M, resulting in an operating margin of 1.1%.
ITT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported an operating income of 141.20M and revenue of 1.21B, resulting in an operating margin of 11.7%.
ENOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enovis Corp reported a net income of -8.76M and revenue of 589.15M, resulting in a net margin of -1.5%.
ITT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported a net income of 78.00M and revenue of 1.21B, resulting in a net margin of 6.4%.
Frequently Asked Questions
ENOV and ITT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENOV has higher volatility (19.66%) compared to ITT (9.14%). In terms of maximum drawdown, ENOV dropped -83.36% vs ITT's -74.46%.
ITT currently has the higher Sharpe Ratio (1.00 vs -0.55), 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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