ETN vs. SOXX
ETN (Eaton Corporation plc) is a stock, while SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. Over the past 10 years, ETN returned 23.38%/yr vs 35.55%/yr for SOXX. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
ETN vs. SOXX - Performance Comparison
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Returns By Period
In the year-to-date period, ETN achieves a 23.61% return, which is significantly lower than SOXX's 98.11% return. Over the past 10 years, ETN has underperformed SOXX with an annualized return of 23.38%, while SOXX has yielded a comparatively higher 35.55% annualized return.
ETN
- 1D
- -0.57%
- 1M
- -4.09%
- YTD
- 23.61%
- 6M
- 18.59%
- 1Y
- 22.32%
- 3Y*
- 28.04%
- 5Y*
- 23.65%
- 10Y*
- 23.38%
SOXX
- 1D
- 1.59%
- 1M
- 12.49%
- YTD
- 98.11%
- 6M
- 99.51%
- 1Y
- 171.57%
- 3Y*
- 53.00%
- 5Y*
- 33.69%
- 10Y*
- 35.55%
ETN vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 23.61% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
SOXX iShares Semiconductor ETF | 98.11% | 40.74% | 12.92% | 67.12% | -35.09% | 44.09% | 52.72% | 62.42% | -6.49% | 39.79% |
Correlation
The correlation between ETN and SOXX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.57 |
The correlation between ETN and SOXX shifts across timeframes, from 0.56 (10 years) to 0.68 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ETN vs. SOXX — Risk / Return Rank
ETN
SOXX
ETN vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and iShares Semiconductor ETF (SOXX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ETN | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.84 | ||
| Sortino ratioReturn per unit of downside risk | -3.37 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.62 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 10.50 | -9.46 |
| Martin ratioReturn relative to average drawdown | 2.25 | 38.20 | -35.96 |
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Drawdowns
ETN vs. SOXX - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, roughly equal to the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for ETN and SOXX.
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Drawdown Indicators
| ETN | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.95% | -70.21% | +1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -15.77% | -3.37% |
Max Drawdown (3Y)Largest decline over 3 years | -34.46% | -41.36% | +6.90% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -45.75% | +11.29% |
Max Drawdown (10Y)Largest decline over 10 years | -44.55% | -45.75% | +1.20% |
Current DrawdownCurrent decline from peak | -9.36% | -3.16% | -6.20% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -19.95% | +5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 4.33% | +4.53% |
Volatility
ETN vs. SOXX - Volatility Comparison
The current volatility for Eaton Corporation plc (ETN) is 13.57%, while iShares Semiconductor ETF (SOXX) has a volatility of 19.42%. This indicates that ETN experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETN | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.57% | 19.42% | -5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 26.78% | 31.46% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.48% | 37.35% | -3.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.24% | 36.73% | -6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.10% | 33.77% | -3.67% |
Dividends
ETN vs. SOXX - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.09%, more than SOXX's 0.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.09% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
SOXX iShares Semiconductor ETF | 0.28% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
Frequently Asked Questions
ETN and SOXX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXX has higher volatility (19.42%) compared to ETN (13.57%). In terms of maximum drawdown, ETN dropped -68.95% vs SOXX's -70.21%.
SOXX currently has the higher Sharpe Ratio (4.43 vs 0.60), 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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