ETN vs. MSFT
ETN (Eaton Corporation plc) and MSFT (Microsoft Corporation) are both stocks. ETN operates in Specialty Industrial Machinery (Industrials), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, ETN returned 23.50%/yr vs 24.64%/yr for MSFT. At a 0.33 correlation, their price movements are largely independent.
Performance
ETN vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, ETN achieves a 27.32% return, which is significantly higher than MSFT's -14.48% return. Both investments have delivered pretty close results over the past 10 years, with ETN having a 23.50% annualized return and MSFT not far ahead at 24.64%.
ETN
- 1D
- 1.82%
- 1M
- 0.41%
- YTD
- 27.32%
- 6M
- 18.09%
- 1Y
- 23.03%
- 3Y*
- 30.80%
- 5Y*
- 24.42%
- 10Y*
- 23.50%
MSFT
- 1D
- -1.18%
- 1M
- -0.60%
- YTD
- -14.48%
- 6M
- -15.77%
- 1Y
- -11.77%
- 3Y*
- 8.85%
- 5Y*
- 11.09%
- 10Y*
- 24.64%
ETN vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 27.32% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
MSFT Microsoft Corporation | -14.48% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between ETN and MSFT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 1986 | 0.33 |
The correlation between ETN and MSFT shifts across timeframes, from 0.14 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ETN:
$156.90B
MSFT:
$3.07T
ETN:
$10.22
MSFT:
$16.79
ETN:
39.43
MSFT:
24.52
ETN:
2.14
MSFT:
1.72
ETN:
5.52
MSFT:
9.65
ETN:
7.94
MSFT:
7.40
ETN:
$28.52B
MSFT:
$318.27B
ETN:
$7.87B
MSFT:
$217.41B
ETN:
$4.75B
MSFT:
$200.96B
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Return for Risk
ETN vs. MSFT — Risk / Return Rank
ETN
MSFT
ETN vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Microsoft Corporation (MSFT). 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.
| ETN | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.94 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.35 | +1.56 |
| Martin ratioReturn relative to average drawdown | 2.63 | -0.73 | +3.36 |
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
| ETN | MSFT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | -0.47 | +1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.42 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.91 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.74 | -0.32 |
Drawdowns
ETN vs. MSFT - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, roughly equal to the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for ETN and MSFT.
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Drawdown Indicators
| ETN | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.95% | -69.38% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -33.91% | +14.77% |
Max Drawdown (3Y)Largest decline over 3 years | -34.46% | -33.91% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -37.15% | +2.69% |
Max Drawdown (10Y)Largest decline over 10 years | -44.55% | -37.15% | -7.40% |
Current DrawdownCurrent decline from peak | -6.64% | -23.56% | +16.92% |
Average DrawdownAverage peak-to-trough decline | -14.90% | -21.78% | +6.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.78% | 16.13% | -7.35% |
Volatility
ETN vs. MSFT - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 12.39% compared to Microsoft Corporation (MSFT) at 10.25%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETN | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.39% | 10.25% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 25.71% | 22.36% | +3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.58% | 25.31% | +7.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.03% | 26.64% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.01% | 27.06% | +2.95% |
Dividends
ETN vs. MSFT - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.06%, more than MSFT's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.06% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
MSFT Microsoft Corporation | 0.86% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
ETN vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Microsoft 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.
Total Revenue: Total amount of money received from sales and other business activities
ETN vs. MSFT - 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%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
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%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
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%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
ETN and MSFT have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (12.39%) compared to MSFT (10.25%). In terms of maximum drawdown, ETN dropped -68.95% vs MSFT's -69.38%.
ETN currently has the higher Sharpe Ratio (0.71 vs -0.47), 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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