ETN vs. DE
ETN (Eaton Corporation plc) and DE (Deere & Company) are both stocks. Both are in the Industrials sector — ETN in Specialty Industrial Machinery, DE in Farm & Heavy Construction Machinery. Over the past 10 years, ETN returned 23.38%/yr vs 23.07%/yr for DE. At a 0.38 correlation, their price movements are largely independent.
Performance
ETN vs. DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ETN having a 23.61% return and DE slightly higher at 24.40%. Both investments have delivered pretty close results over the past 10 years, with ETN having a 23.38% annualized return and DE not far behind at 23.07%.
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%
DE
- 1D
- 1.55%
- 1M
- -0.55%
- YTD
- 24.40%
- 6M
- 19.88%
- 1Y
- 13.19%
- 3Y*
- 14.77%
- 5Y*
- 12.54%
- 10Y*
- 23.07%
ETN vs. DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 23.61% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
DE Deere & Company | 24.40% | 11.39% | 7.56% | -5.48% | 26.59% | 28.86% | 57.96% | 18.30% | -2.90% | 54.83% |
Correlation
The correlation between ETN and DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 1972 | 0.38 |
The correlation between ETN and DE shifts across timeframes, from 0.29 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ETN:
$10.22
DE:
$17.76
ETN:
38.28
DE:
32.52
ETN:
2.08
DE:
7.64
ETN:
5.36
DE:
3.40
ETN:
$28.52B
DE:
$46.01B
ETN:
$7.87B
DE:
$16.40B
ETN:
$4.75B
DE:
$11.54B
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Return for Risk
ETN vs. DE — Risk / Return Rank
ETN
DE
ETN vs. DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Deere & Company (DE). 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 | DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.11 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 0.67 | +0.38 |
| Martin ratioReturn relative to average drawdown | 2.25 | 1.38 | +0.87 |
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Drawdowns
ETN vs. DE - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, smaller than the maximum DE drawdown of -73.27%. Use the drawdown chart below to compare losses from any high point for ETN and DE.
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Drawdown Indicators
| ETN | DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.95% | -73.27% | +4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -19.90% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -34.46% | -21.59% | -12.87% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -33.81% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -44.55% | -37.91% | -6.64% |
Current DrawdownCurrent decline from peak | -9.36% | -12.58% | +3.22% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -18.61% | +3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 9.58% | -0.72% |
Volatility
ETN vs. DE - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 13.57% compared to Deere & Company (DE) at 10.51%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETN | DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.57% | 10.51% | +3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 26.78% | 24.42% | +2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.48% | 30.03% | +3.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.24% | 29.39% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.10% | 30.40% | -0.30% |
Dividends
ETN vs. DE - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.09%, less than DE's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DE Deere & Company | 1.12% | 1.39% | 1.42% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% |
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. DE - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Deere & Company. 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. DE - 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%.
DE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a gross profit of 3.33B and revenue of 9.61B. Therefore, the gross margin over that period was 34.7%.
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%.
DE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported an operating income of 1.56B and revenue of 9.61B, resulting in an operating margin of 16.2%.
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%.
DE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a net income of 656.00M and revenue of 9.61B, resulting in a net margin of 6.8%.
Frequently Asked Questions
ETN and DE have a correlation of 0.29, 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 DE (10.51%). In terms of maximum drawdown, ETN dropped -68.95% vs DE's -73.27%.
ETN currently has the higher Sharpe Ratio (0.60 vs 0.44), 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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