ETN vs. NDSN
Compare and contrast key facts about Eaton Corporation plc (ETN) and Nordson Corporation (NDSN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETN or NDSN.
Correlation
The correlation between ETN and NDSN is 0.44, 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.
Performance
ETN vs. NDSN - Performance Comparison
Key characteristics
ETN:
1.65
NDSN:
-0.74
ETN:
2.20
NDSN:
-0.88
ETN:
1.30
NDSN:
0.88
ETN:
2.34
NDSN:
-0.69
ETN:
7.33
NDSN:
-1.70
ETN:
6.32%
NDSN:
10.04%
ETN:
28.01%
NDSN:
23.22%
ETN:
-68.95%
NDSN:
-73.62%
ETN:
-10.44%
NDSN:
-24.38%
Fundamentals
ETN:
$137.17B
NDSN:
$12.81B
ETN:
$9.41
NDSN:
$8.11
ETN:
36.88
NDSN:
27.62
ETN:
3.01
NDSN:
1.78
ETN:
$24.61B
NDSN:
$2.69B
ETN:
$9.42B
NDSN:
$1.49B
ETN:
$5.48B
NDSN:
$776.30M
Returns By Period
In the year-to-date period, ETN achieves a 42.14% return, which is significantly higher than NDSN's -19.96% return. Over the past 10 years, ETN has outperformed NDSN with an annualized return of 20.48%, while NDSN has yielded a comparatively lower 11.42% annualized return.
ETN
42.14%
-6.20%
6.30%
44.25%
31.84%
20.48%
NDSN
-19.96%
-16.96%
-9.06%
-18.42%
5.98%
11.42%
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Risk-Adjusted Performance
ETN vs. NDSN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Nordson Corporation (NDSN). 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.
Dividends
ETN vs. NDSN - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.11%, more than NDSN's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.11% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
NDSN Nordson Corporation | 1.02% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% | 1.03% | 0.89% |
Drawdowns
ETN vs. NDSN - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, smaller than the maximum NDSN drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for ETN and NDSN. For additional features, visit the drawdowns tool.
Volatility
ETN vs. NDSN - Volatility Comparison
The current volatility for Eaton Corporation plc (ETN) is 6.78%, while Nordson Corporation (NDSN) has a volatility of 10.46%. This indicates that ETN experiences smaller price fluctuations and is considered to be less risky than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETN vs. NDSN - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Nordson 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