ETN vs. PH
Compare and contrast key facts about Eaton Corporation plc (ETN) and Parker-Hannifin Corporation (PH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETN or PH.
Correlation
The correlation between ETN and PH is 0.55, 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. PH - Performance Comparison
Key characteristics
ETN:
1.65
PH:
1.76
ETN:
2.20
PH:
2.72
ETN:
1.30
PH:
1.36
ETN:
2.34
PH:
4.03
ETN:
7.33
PH:
11.01
ETN:
6.32%
PH:
4.14%
ETN:
28.01%
PH:
25.93%
ETN:
-68.95%
PH:
-66.92%
ETN:
-10.44%
PH:
-8.61%
Fundamentals
ETN:
$137.17B
PH:
$85.73B
ETN:
$9.41
PH:
$22.18
ETN:
36.88
PH:
30.03
ETN:
3.01
PH:
2.80
ETN:
$24.61B
PH:
$19.99B
ETN:
$9.42B
PH:
$7.20B
ETN:
$5.48B
PH:
$4.95B
Returns By Period
The year-to-date returns for both stocks are quite close, with ETN having a 42.14% return and PH slightly lower at 42.03%. Over the past 10 years, ETN has outperformed PH with an annualized return of 20.48%, while PH has yielded a comparatively lower 19.40% annualized return.
ETN
42.14%
-6.20%
6.30%
44.25%
31.84%
20.48%
PH
42.03%
-6.26%
29.03%
43.52%
27.58%
19.40%
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Risk-Adjusted Performance
ETN vs. PH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Parker-Hannifin Corporation (PH). 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. PH - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.11%, more than PH's 0.98% 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% |
PH Parker-Hannifin Corporation | 0.98% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% | 1.61% | 1.38% |
Drawdowns
ETN vs. PH - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, roughly equal to the maximum PH drawdown of -66.92%. Use the drawdown chart below to compare losses from any high point for ETN and PH. For additional features, visit the drawdowns tool.
Volatility
ETN vs. PH - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 6.78% compared to Parker-Hannifin Corporation (PH) at 5.26%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than PH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETN vs. PH - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Parker-Hannifin 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