ETN vs. ALIZY
ETN (Eaton Corporation plc) and ALIZY (Allianz SE ADR) are both stocks. ETN operates in Specialty Industrial Machinery (Industrials), while ALIZY operates in Insurance - Diversified (Financial Services). Over the past 5 years, ETN returned 23.65%/yr vs 16.69%/yr for ALIZY. At a 0.39 correlation, their price movements are largely independent.
Performance
ETN vs. ALIZY - Performance Comparison
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Returns By Period
In the year-to-date period, ETN achieves a 23.61% return, which is significantly higher than ALIZY's 1.59% return.
ETN
- 1D
- -0.57%
- 1M
- -3.82%
- YTD
- 23.61%
- 6M
- 18.59%
- 1Y
- 19.85%
- 3Y*
- 28.04%
- 5Y*
- 23.65%
- 10Y*
- 23.38%
ALIZY
- 1D
- 0.01%
- 1M
- 2.36%
- YTD
- 1.59%
- 6M
- 4.55%
- 1Y
- 17.68%
- 3Y*
- 31.68%
- 5Y*
- 16.69%
- 10Y*
- —
ETN vs. ALIZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 23.61% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.28% |
ALIZY Allianz SE ADR | 1.59% | 56.96% | 20.60% | 31.20% | -4.34% | 0.09% | 5.98% |
Correlation
The correlation between ETN and ALIZY is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 6, 2020 | 0.39 |
The correlation between ETN and ALIZY shifts across timeframes, from 0.24 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ETN:
$152.33B
ALIZY:
$170.87B
ETN:
$10.22
ALIZY:
€3.16
ETN:
38.28
ALIZY:
12.25
ETN:
2.08
ALIZY:
0.85
ETN:
5.36
ALIZY:
1.04
ETN:
7.71
ALIZY:
2.24
ETN:
$28.52B
ALIZY:
€141.95B
ETN:
$7.87B
ALIZY:
€116.91B
ETN:
$4.75B
ALIZY:
€1.56B
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Return for Risk
ETN vs. ALIZY — Risk / Return Rank
ETN
ALIZY
ETN vs. ALIZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Allianz SE ADR (ALIZY). 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.
| ETN | ALIZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.31 | -0.27 |
| Martin ratioReturn relative to average drawdown | 2.25 | 3.39 | -1.15 |
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Drawdowns
ETN vs. ALIZY - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, which is greater than ALIZY's maximum drawdown of -49.10%. Use the drawdown chart below to compare losses from any high point for ETN and ALIZY.
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Drawdown Indicators
| ETN | ALIZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.95% | -49.10% | -19.85% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -13.55% | -5.59% |
Max Drawdown (3Y)Largest decline over 3 years | -34.46% | -13.55% | -20.91% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -38.14% | +3.68% |
Max Drawdown (10Y)Largest decline over 10 years | -44.55% | — | — |
Current DrawdownCurrent decline from peak | -9.36% | -1.35% | -8.01% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -8.65% | -6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 5.23% | +3.63% |
Volatility
ETN vs. ALIZY - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 13.57% compared to Allianz SE ADR (ALIZY) at 6.09%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than ALIZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETN | ALIZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.57% | 6.09% | +7.48% |
Volatility (6M)Calculated over the trailing 6-month period | 26.78% | 15.16% | +11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.48% | 20.07% | +13.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.24% | 22.19% | +8.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.10% | 27.64% | +2.46% |
Dividends
ETN vs. ALIZY - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.09%, less than ALIZY's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 4.37% | 3.71% | 4.91% | 4.70% | 5.43% | 4.87% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ETN Eaton Corporation plc | 1.09% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
Financials
ETN vs. ALIZY - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Allianz SE ADR. 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
ETN vs. ALIZY - Profitability Comparison
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%.
ALIZY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allianz SE ADR reported a gross profit of 24.81B and revenue of 31.07B. Therefore, the gross margin over that period was 79.9%.
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%.
ALIZY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allianz SE ADR reported an operating income of 5.12B and revenue of 31.07B, resulting in an operating margin of 16.5%.
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%.
ALIZY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allianz SE ADR reported a net income of 3.69B and revenue of 31.07B, resulting in a net margin of 11.9%.
Frequently Asked Questions
ETN and ALIZY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (13.57%) compared to ALIZY (6.09%). In terms of maximum drawdown, ETN dropped -68.95% vs ALIZY's -49.10%.
ALIZY currently has the higher Sharpe Ratio (0.89 vs 0.60), 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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