ENR vs. ETN
ENR (Energizer Holdings, Inc.) and ETN (Eaton Corporation plc) are both stocks. Both are in the Industrials sector — ENR in Electrical Equipment & Parts, ETN in Specialty Industrial Machinery. Over the past 10 years, ENR returned -5.07%/yr vs 25.22%/yr for ETN. At a 0.37 correlation, their price movements are largely independent.
Performance
ENR vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, ENR achieves a 9.46% return, which is significantly lower than ETN's 37.62% return. Over the past 10 years, ENR has underperformed ETN with an annualized return of -5.07%, while ETN has yielded a comparatively higher 25.22% annualized return.
ENR
- 1D
- -2.00%
- 1M
- 16.01%
- YTD
- 9.46%
- 6M
- 10.07%
- 1Y
- 12.84%
- 3Y*
- -9.01%
- 5Y*
- -9.39%
- 10Y*
- -5.07%
ETN
- 1D
- 3.32%
- 1M
- 11.35%
- YTD
- 37.62%
- 6M
- 36.82%
- 1Y
- 33.08%
- 3Y*
- 32.57%
- 5Y*
- 26.72%
- 10Y*
- 25.22%
ENR vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENR Energizer Holdings, Inc. | 9.46% | -40.09% | 14.36% | -2.18% | -13.19% | -2.22% | -13.75% | 14.30% | -3.85% | 10.10% |
ETN Eaton Corporation plc | 37.62% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
Correlation
The correlation between ENR and ETN is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2000 | 0.37 |
Over the past year, the correlation between ENR and ETN has dropped to 0.15 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
ENR:
$1.46B
ETN:
$169.61B
ENR:
$2.80
ETN:
$10.22
ENR:
7.54
ETN:
42.62
ENR:
0.05
ETN:
2.32
ENR:
0.49
ETN:
5.96
ENR:
8.41
ETN:
8.58
ENR:
$2.98B
ETN:
$28.52B
ENR:
$1.21B
ETN:
$7.87B
ENR:
$559.80M
ETN:
$4.75B
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Return for Risk
ENR vs. ETN — Risk / Return Rank
ENR
ETN
ENR vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energizer Holdings, Inc. (ENR) 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.
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.
| ENR | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.19 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.74 | -1.44 |
| Martin ratioReturn relative to average drawdown | 0.49 | 3.74 | -3.25 |
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Drawdowns
ENR vs. ETN - Drawdown Comparison
The maximum ENR drawdown since its inception was -84.00%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for ENR and ETN.
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Drawdown Indicators
| ENR | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.00% | -68.95% | -15.05% |
Max Drawdown (1Y)Largest decline over 1 year | -43.62% | -19.14% | -24.48% |
Max Drawdown (3Y)Largest decline over 3 years | -56.12% | -34.46% | -21.66% |
Max Drawdown (5Y)Largest decline over 5 years | -56.12% | -34.46% | -21.66% |
Max Drawdown (10Y)Largest decline over 10 years | -67.46% | -44.55% | -22.91% |
Current DrawdownCurrent decline from peak | -78.82% | 0.00% | -78.82% |
Average DrawdownAverage peak-to-trough decline | -40.90% | -14.89% | -26.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.52% | 8.88% | +17.64% |
Volatility
ENR vs. ETN - Volatility Comparison
The current volatility for Energizer Holdings, Inc. (ENR) is 11.06%, while Eaton Corporation plc (ETN) has a volatility of 13.19%. This indicates that ENR 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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Volatility by Period
| ENR | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.06% | 13.19% | -2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 31.55% | 26.35% | +5.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.11% | 33.55% | +19.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.62% | 30.30% | +5.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.58% | 30.16% | +6.42% |
Dividends
ENR vs. ETN - Dividend Comparison
ENR's dividend yield for the trailing twelve months is around 5.69%, more than ETN's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENR Energizer Holdings, Inc. | 5.69% | 6.03% | 3.44% | 3.79% | 3.58% | 2.99% | 2.84% | 2.39% | 2.59% | 2.32% | 2.30% | 2.94% |
ETN Eaton Corporation plc | 0.98% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
Financials
ENR vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Energizer Holdings, Inc. 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
ENR vs. ETN - Profitability Comparison
ENR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energizer Holdings, Inc. reported a gross profit of 258.80M and revenue of 643.30M. Therefore, the gross margin over that period was 40.2%.
ETN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eaton Corporation plc reported a gross profit of 0.00 and revenue of 7.45B. Therefore, the gross margin over that period was 0.0%.
ENR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energizer Holdings, Inc. reported an operating income of 118.10M and revenue of 643.30M, resulting in an operating margin of 18.4%.
ETN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eaton Corporation plc reported an operating income of 0.00 and revenue of 7.45B, resulting in an operating margin of 0.0%.
ENR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energizer Holdings, Inc. reported a net income of 10.10M and revenue of 643.30M, resulting in a net margin of 1.6%.
ETN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eaton Corporation plc reported a net income of 866.00M and revenue of 7.45B, resulting in a net margin of 11.6%.
Frequently Asked Questions
ENR and ETN have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (13.19%) compared to ENR (11.06%). In terms of maximum drawdown, ENR dropped -84.00% vs ETN's -68.95%.
ETN currently has the higher Sharpe Ratio (0.99 vs 0.24), 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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