ETN vs. WFC
ETN (Eaton Corporation plc) and WFC (Wells Fargo & Company) are both stocks. ETN operates in Specialty Industrial Machinery (Industrials), while WFC operates in Banks - Diversified (Financial Services). Over the past 10 years, ETN returned 23.38%/yr vs 8.95%/yr for WFC. At a 0.33 correlation, their price movements are largely independent.
Performance
ETN vs. WFC - Performance Comparison
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Returns By Period
In the year-to-date period, ETN achieves a 23.61% return, which is significantly higher than WFC's -9.20% return. Over the past 10 years, ETN has outperformed WFC with an annualized return of 23.38%, while WFC has yielded a comparatively lower 8.95% annualized return.
ETN
- 1D
- -0.57%
- 1M
- -2.02%
- YTD
- 23.61%
- 6M
- 18.59%
- 1Y
- 22.32%
- 3Y*
- 28.04%
- 5Y*
- 23.65%
- 10Y*
- 23.38%
WFC
- 1D
- 1.61%
- 1M
- 14.04%
- YTD
- -9.20%
- 6M
- -8.77%
- 1Y
- 18.25%
- 3Y*
- 28.38%
- 5Y*
- 15.64%
- 10Y*
- 8.95%
ETN vs. WFC - 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% |
WFC Wells Fargo & Company | -9.20% | 35.57% | 46.48% | 22.94% | -11.92% | 61.15% | -41.65% | 21.44% | -21.83% | 13.21% |
Correlation
The correlation between ETN and WFC is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 1972 | 0.33 |
The correlation between ETN and WFC shifts across timeframes, from 0.25 (1 year) to 0.45 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ETN:
$152.33B
WFC:
$269.39B
ETN:
$10.22
WFC:
$6.73
ETN:
38.28
WFC:
12.44
ETN:
2.08
WFC:
1.07
ETN:
5.36
WFC:
2.15
ETN:
7.71
WFC:
1.65
ETN:
$28.52B
WFC:
$125.70B
ETN:
$7.87B
WFC:
$81.14B
ETN:
$4.75B
WFC:
$31.58B
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Return for Risk
ETN vs. WFC — Risk / Return Rank
ETN
WFC
ETN vs. WFC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) and Wells Fargo & Company (WFC). 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 | WFC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 0.68 | +0.36 |
| Martin ratioReturn relative to average drawdown | 2.25 | 1.54 | +0.71 |
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Drawdowns
ETN vs. WFC - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, smaller than the maximum WFC drawdown of -79.01%. Use the drawdown chart below to compare losses from any high point for ETN and WFC.
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Drawdown Indicators
| ETN | WFC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.95% | -79.01% | +10.06% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -23.02% | +3.88% |
Max Drawdown (3Y)Largest decline over 3 years | -34.46% | -24.73% | -9.73% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -37.10% | +2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -44.55% | -64.46% | +19.91% |
Current DrawdownCurrent decline from peak | -9.36% | -12.21% | +2.85% |
Average DrawdownAverage peak-to-trough decline | -14.89% | -15.35% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 10.18% | -1.32% |
Volatility
ETN vs. WFC - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 13.57% compared to Wells Fargo & Company (WFC) at 5.95%. This indicates that ETN's price experiences larger fluctuations and is considered to be riskier than WFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETN | WFC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.57% | 5.95% | +7.62% |
Volatility (6M)Calculated over the trailing 6-month period | 26.78% | 19.95% | +6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.48% | 26.75% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.24% | 30.23% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.10% | 32.28% | -2.18% |
Dividends
ETN vs. WFC - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.09%, less than WFC's 2.15% 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% |
WFC Wells Fargo & Company | 2.15% | 1.82% | 2.14% | 2.64% | 2.66% | 1.25% | 4.04% | 3.57% | 3.56% | 2.54% | 2.75% | 2.71% |
Financials
ETN vs. WFC - Financials Comparison
This section allows you to compare key financial metrics between Eaton Corporation plc and Wells Fargo & Company. 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. WFC - 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%.
WFC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wells Fargo & Company reported a gross profit of 20.31B and revenue of 31.80B. Therefore, the gross margin over that period was 63.9%.
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%.
WFC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wells Fargo & Company reported an operating income of 5.85B and revenue of 31.80B, resulting in an operating margin of 18.4%.
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%.
WFC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wells Fargo & Company reported a net income of 5.29B and revenue of 31.80B, resulting in a net margin of 16.6%.
Frequently Asked Questions
ETN and WFC have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (13.57%) compared to WFC (5.95%). In terms of maximum drawdown, ETN dropped -68.95% vs WFC's -79.01%.
ETN currently has the higher Sharpe Ratio (0.60 vs 0.59), 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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