FELE vs. ETN
FELE (Franklin Electric Co., Inc.) and ETN (Eaton Corporation plc) are both stocks. Both operate in the Specialty Industrial Machinery industry within the Industrials sector. Over the past 10 years, FELE returned 11.89%/yr vs 23.40%/yr for ETN. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
FELE vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, FELE achieves a 10.22% return, which is significantly lower than ETN's 31.12% return. Over the past 10 years, FELE has underperformed ETN with an annualized return of 11.89%, while ETN has yielded a comparatively higher 23.40% annualized return.
FELE
- 1D
- 1.21%
- 1M
- -0.40%
- 6M
- 5.70%
- YTD
- 10.22%
- 1Y
- 13.67%
- 3Y*
- 3.45%
- 5Y*
- 6.13%
- 10Y*
- 11.89%
- ALL TIME*
- 14.43%
ETN
- 1D
- 7.32%
- 1M
- 4.19%
- 6M
- 18.85%
- YTD
- 31.12%
- 1Y
- 10.15%
- 3Y*
- 25.38%
- 5Y*
- 23.26%
- 10Y*
- 23.40%
- ALL TIME*
- 11.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.04B | $939.19M | $1.06B | |
| $37.57M | $32.88M | $30.65M |
FELE vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FELE Franklin Electric Co., Inc. | 10.22% | -0.86% | 1.82% | 22.38% | -14.85% | 37.80% | 22.08% | 35.26% | -5.61% | 19.21% |
ETN Eaton Corporation plc | 31.12% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
Correlation
The correlation between FELE and ETN is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.37 |
The correlation between FELE and ETN shifts across timeframes, from 0.34 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FELE:
$4.63B
ETN:
$161.22B
FELE:
$3.48
ETN:
$9.83
FELE:
30.11
ETN:
42.23
FELE:
43.59
ETN:
2.29
FELE:
2.12
ETN:
5.39
FELE:
3.35
ETN:
7.98
FELE:
$2.21B
ETN:
$30.03B
FELE:
$785.77M
ETN:
$10.78B
FELE:
$274.04M
ETN:
$6.06B
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Return for Risk
FELE vs. ETN — Risk / Return Rank
FELE
ETN
FELE vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Electric Co., Inc. (FELE) and Eaton Corporation plc (ETN). 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.
| FELE | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.07 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 0.50 | +0.20 |
| Martin ratioReturn relative to average drawdown | 1.72 | 1.07 | +0.66 |
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Drawdowns
FELE vs. ETN - Drawdown Comparison
The maximum FELE drawdown since its inception was -71.12%, roughly equal to the maximum ETN drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for FELE and ETN.
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Drawdown Indicators
| FELE | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -68.95% | -2.17% |
Max Drawdown (1Y)Largest decline over 1 year | -18.18% | -18.33% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -23.52% | -34.46% | +10.94% |
Max Drawdown (5Y)Largest decline over 5 years | -29.22% | -34.46% | +5.24% |
Max Drawdown (10Y)Largest decline over 10 years | -32.02% | -44.55% | +12.53% |
Current DrawdownCurrent decline from peak | -4.55% | -4.72% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -13.76% | -14.87% | +1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 8.63% | -1.24% |
Volatility
FELE vs. ETN - Volatility Comparison
The current volatility for Franklin Electric Co., Inc. (FELE) is 8.43%, while Eaton Corporation plc (ETN) has a volatility of 15.81%. This indicates that FELE experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FELE | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.43% | 15.81% | -7.38% |
Volatility (6M)Calculated over the trailing 6-month period | 24.32% | 31.45% | -7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.12% | 37.69% | -9.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.24% | 31.33% | -4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.07% | 30.53% | +0.54% |
Dividends
FELE vs. ETN - Dividend Comparison
FELE's dividend yield for the trailing twelve months is around 1.04%, which matches ETN's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.03% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
FELE Franklin Electric Co., Inc. | 1.04% | 1.11% | 1.03% | 0.93% | 0.98% | 0.74% | 0.90% | 1.01% | 1.09% | 0.92% | 1.02% | 1.42% |
Financials
FELE vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Franklin Electric Co., Inc. and Eaton Corporation plc. 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
FELE vs. ETN - Profitability Comparison
FELE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Franklin Electric Co., Inc. reported a gross profit of 230.61M and revenue of 622.88M. Therefore, the gross margin over that period was 37.0%.
ETN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Eaton Corporation plc reported a gross profit of 2.86B and revenue of 8.53B. Therefore, the gross margin over that period was 33.5%.
FELE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Franklin Electric Co., Inc. reported an operating income of 93.60M and revenue of 622.88M, resulting in an operating margin of 15.0%.
ETN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Eaton Corporation plc reported an operating income of 1.39B and revenue of 8.53B, resulting in an operating margin of 16.3%.
FELE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Franklin Electric Co., Inc. reported a net income of 65.74M and revenue of 622.88M, resulting in a net margin of 10.6%.
ETN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Eaton Corporation plc reported a net income of 821.00M and revenue of 8.53B, resulting in a net margin of 9.6%.
Frequently Asked Questions
FELE and ETN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (15.81%) compared to FELE (8.43%). In terms of maximum drawdown, FELE dropped -71.12% vs ETN's -68.95%.
FELE currently has the higher Sharpe Ratio (0.45 vs 0.24), 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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