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 12.39%/yr vs 24.08%/yr for ETN. At a 0.37 correlation, their price movements are largely independent.
Performance
FELE vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, FELE achieves a 3.77% return, which is significantly lower than ETN's 33.02% return. Over the past 10 years, FELE has underperformed ETN with an annualized return of 12.39%, while ETN has yielded a comparatively higher 24.08% annualized return.
FELE
- 1D
- -1.38%
- 1M
- -0.03%
- YTD
- 3.77%
- 6M
- 3.89%
- 1Y
- 14.96%
- 3Y*
- 1.78%
- 5Y*
- 4.53%
- 10Y*
- 12.39%
ETN
- 1D
- 0.86%
- 1M
- -0.02%
- YTD
- 33.02%
- 6M
- 26.26%
- 1Y
- 30.76%
- 3Y*
- 32.92%
- 5Y*
- 25.16%
- 10Y*
- 24.08%
FELE vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FELE Franklin Electric Co., Inc. | 3.77% | -0.86% | 1.82% | 22.38% | -14.85% | 37.80% | 22.08% | 35.26% | -5.61% | 19.21% |
ETN Eaton Corporation plc | 33.02% | -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 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.37 |
The correlation between FELE and ETN shifts across timeframes, from 0.36 (1 year) to 0.60 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FELE:
$4.40
ETN:
$10.22
FELE:
22.41
ETN:
41.19
FELE:
35.73
ETN:
2.24
FELE:
1.55
ETN:
5.76
FELE:
$2.18B
ETN:
$28.52B
FELE:
$766.99M
ETN:
$7.87B
FELE:
$258.17M
ETN:
$4.75B
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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.
| FELE | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 1.61 | -0.79 |
| Martin ratioReturn relative to average drawdown | 2.11 | 3.53 | -1.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FELE | ETN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.97 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.85 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.81 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.42 | -0.04 |
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% | -19.14% | +0.96% |
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 | -10.01% | -2.46% | -7.55% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -14.90% | +1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.10% | 8.75% | -1.65% |
Volatility
FELE vs. ETN - Volatility Comparison
The current volatility for Franklin Electric Co., Inc. (FELE) is 6.75%, while Eaton Corporation plc (ETN) has a volatility of 12.77%. 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 | 6.75% | 12.77% | -6.02% |
Volatility (6M)Calculated over the trailing 6-month period | 23.35% | 25.11% | -1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.31% | 32.08% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.05% | 29.93% | -2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.25% | 29.96% | +1.29% |
Dividends
FELE vs. ETN - Dividend Comparison
FELE's dividend yield for the trailing twelve months is around 1.11%, more than ETN's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.02% | 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. | 1.11% | 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 Jun 2026, Franklin Electric Co., Inc. reported a gross profit of 174.97M and revenue of 500.44M. Therefore, the gross margin over that period was 35.0%.
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%.
FELE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franklin Electric Co., Inc. reported an operating income of 48.09M and revenue of 500.44M, resulting in an operating margin of 9.6%.
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%.
FELE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franklin Electric Co., Inc. reported a net income of 34.33M and revenue of 500.44M, resulting in a net margin of 6.9%.
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%.
Frequently Asked Questions
FELE and ETN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (12.77%) compared to FELE (6.75%). In terms of maximum drawdown, FELE dropped -71.12% vs ETN's -68.95%.
ETN currently has the higher Sharpe Ratio (0.97 vs 0.55), 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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