ETN vs. RMD
Compare and contrast key facts about Eaton Corporation plc (ETN) and ResMed Inc. (RMD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETN or RMD.
Correlation
The correlation between ETN and RMD is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ETN vs. RMD - Performance Comparison
Key characteristics
ETN:
1.65
RMD:
1.01
ETN:
2.20
RMD:
1.69
ETN:
1.30
RMD:
1.24
ETN:
2.34
RMD:
0.87
ETN:
7.33
RMD:
6.82
ETN:
6.32%
RMD:
5.52%
ETN:
28.01%
RMD:
37.39%
ETN:
-68.95%
RMD:
-61.60%
ETN:
-10.44%
RMD:
-17.91%
Fundamentals
ETN:
$137.17B
RMD:
$35.62B
ETN:
$9.41
RMD:
$7.55
ETN:
36.88
RMD:
32.14
ETN:
3.01
RMD:
1.84
ETN:
$24.61B
RMD:
$4.81B
ETN:
$9.42B
RMD:
$2.75B
ETN:
$5.48B
RMD:
$1.69B
Returns By Period
In the year-to-date period, ETN achieves a 42.14% return, which is significantly higher than RMD's 39.22% return. Over the past 10 years, ETN has outperformed RMD with an annualized return of 20.48%, while RMD has yielded a comparatively lower 16.86% annualized return.
ETN
42.14%
-6.20%
6.30%
44.25%
31.84%
20.48%
RMD
39.22%
-1.77%
15.80%
37.00%
9.70%
16.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ETN vs. RMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and ResMed Inc. (RMD). 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. RMD - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.11%, more than RMD's 0.85% 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% |
RMD ResMed Inc. | 0.85% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% | 1.89% | 1.78% |
Drawdowns
ETN vs. RMD - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, which is greater than RMD's maximum drawdown of -61.60%. Use the drawdown chart below to compare losses from any high point for ETN and RMD. For additional features, visit the drawdowns tool.
Volatility
ETN vs. RMD - Volatility Comparison
The current volatility for Eaton Corporation plc (ETN) is 6.78%, while ResMed Inc. (RMD) has a volatility of 7.89%. This indicates that ETN experiences smaller price fluctuations and is considered to be less risky than RMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETN vs. RMD - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and ResMed Inc.. 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