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ETN vs. IEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

ETN vs. IEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Corporation plc (ETN) and IDEX Corporation (IEX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
8.04%
3.82%
ETN
IEX

Returns By Period

In the year-to-date period, ETN achieves a 50.42% return, which is significantly higher than IEX's 5.75% return. Over the past 10 years, ETN has outperformed IEX with an annualized return of 21.37%, while IEX has yielded a comparatively lower 12.86% annualized return.


ETN

YTD

50.42%

1M

3.06%

6M

8.04%

1Y

59.02%

5Y (annualized)

34.74%

10Y (annualized)

21.37%

IEX

YTD

5.75%

1M

7.66%

6M

3.82%

1Y

15.95%

5Y (annualized)

8.23%

10Y (annualized)

12.86%

Fundamentals


ETNIEX
Market Cap$145.82B$17.26B
EPS$9.41$6.44
PE Ratio39.2135.40
PEG Ratio3.212.39
Total Revenue (TTM)$24.61B$3.19B
Gross Profit (TTM)$9.52B$1.41B
EBITDA (TTM)$4.99B$801.90M

Key characteristics


ETNIEX
Sharpe Ratio2.180.80
Sortino Ratio2.731.29
Omega Ratio1.391.16
Calmar Ratio3.020.74
Martin Ratio9.731.38
Ulcer Index6.14%11.74%
Daily Std Dev27.47%20.34%
Max Drawdown-68.95%-58.67%
Current Drawdown-3.80%-6.91%

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Correlation

-0.50.00.51.00.5

The correlation between ETN and IEX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

ETN vs. IEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and IDEX Corporation (IEX). 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.


Sharpe ratio
The chart of Sharpe ratio for ETN, currently valued at 2.18, compared to the broader market-4.00-2.000.002.004.002.180.80
The chart of Sortino ratio for ETN, currently valued at 2.73, compared to the broader market-4.00-2.000.002.004.002.731.29
The chart of Omega ratio for ETN, currently valued at 1.39, compared to the broader market0.501.001.502.001.391.16
The chart of Calmar ratio for ETN, currently valued at 3.02, compared to the broader market0.002.004.006.003.020.74
The chart of Martin ratio for ETN, currently valued at 9.73, compared to the broader market-10.000.0010.0020.0030.009.731.38
ETN
IEX

The current ETN Sharpe Ratio is 2.18, which is higher than the IEX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of ETN and IEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.18
0.80
ETN
IEX

Dividends

ETN vs. IEX - Dividend Comparison

ETN's dividend yield for the trailing twelve months is around 1.05%, less than IEX's 1.20% yield.


TTM20232022202120202019201820172016201520142013
ETN
Eaton Corporation plc
1.05%1.43%2.06%1.76%2.43%3.00%3.85%3.04%3.40%4.23%2.88%2.21%
IEX
IDEX Corporation
1.20%1.16%1.02%0.90%1.00%1.12%1.31%1.10%1.49%1.62%1.37%1.21%

Drawdowns

ETN vs. IEX - Drawdown Comparison

The maximum ETN drawdown since its inception was -68.95%, which is greater than IEX's maximum drawdown of -58.67%. Use the drawdown chart below to compare losses from any high point for ETN and IEX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.80%
-6.91%
ETN
IEX

Volatility

ETN vs. IEX - Volatility Comparison

The current volatility for Eaton Corporation plc (ETN) is 8.45%, while IDEX Corporation (IEX) has a volatility of 9.89%. This indicates that ETN experiences smaller price fluctuations and is considered to be less risky than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
8.45%
9.89%
ETN
IEX

Financials

ETN vs. IEX - Financials Comparison

This section allows you to compare key financial metrics between Eaton Corporation plc and IDEX Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items