HUBB vs. ETN
HUBB (Hubbell Incorporated) and ETN (Eaton Corporation plc) are both stocks. Both are in the Industrials sector — HUBB in Electrical Equipment & Parts, ETN in Specialty Industrial Machinery. Over the past 10 years, HUBB returned 18.79%/yr vs 23.41%/yr for ETN. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
HUBB vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, HUBB achieves a 6.28% return, which is significantly lower than ETN's 24.32% return. Over the past 10 years, HUBB has underperformed ETN with an annualized return of 18.79%, while ETN has yielded a comparatively higher 23.41% annualized return.
HUBB
- 1D
- 0.37%
- 1M
- -3.14%
- YTD
- 6.28%
- 6M
- 1.99%
- 1Y
- 22.11%
- 3Y*
- 16.24%
- 5Y*
- 22.43%
- 10Y*
- 18.79%
ETN
- 1D
- 4.84%
- 1M
- -1.96%
- YTD
- 24.32%
- 6M
- 13.01%
- 1Y
- 22.25%
- 3Y*
- 29.25%
- 5Y*
- 23.79%
- 10Y*
- 23.41%
HUBB vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBB Hubbell Incorporated | 6.28% | 7.43% | 28.94% | 42.40% | 15.08% | 35.60% | 8.89% | 52.88% | -24.61% | 18.83% |
ETN Eaton Corporation plc | 24.32% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
Correlation
The correlation between HUBB and ETN is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 24, 2015 | 0.71 |
The correlation between HUBB and ETN shifts across timeframes, from 0.60 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HUBB:
$25.02B
ETN:
$153.20B
HUBB:
$16.89
ETN:
$10.22
HUBB:
27.78
ETN:
38.50
HUBB:
1.16
ETN:
2.09
HUBB:
4.20
ETN:
5.39
HUBB:
6.62
ETN:
7.75
HUBB:
$6.00B
ETN:
$28.52B
HUBB:
$2.13B
ETN:
$7.87B
HUBB:
$1.44B
ETN:
$4.75B
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Return for Risk
HUBB vs. ETN — Risk / Return Rank
HUBB
ETN
HUBB vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hubbell Incorporated (HUBB) 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.
| HUBB | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.17 | +0.11 |
| Martin ratioReturn relative to average drawdown | 3.40 | 2.52 | +0.88 |
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Drawdowns
HUBB vs. ETN - Drawdown Comparison
The maximum HUBB drawdown since its inception was -41.63%, smaller than the maximum ETN drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for HUBB and ETN.
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Drawdown Indicators
| HUBB | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.63% | -68.95% | +27.32% |
Max Drawdown (1Y)Largest decline over 1 year | -17.36% | -19.14% | +1.78% |
Max Drawdown (3Y)Largest decline over 3 years | -32.65% | -34.46% | +1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -32.65% | -34.46% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -41.63% | -44.55% | +2.92% |
Current DrawdownCurrent decline from peak | -15.62% | -8.84% | -6.78% |
Average DrawdownAverage peak-to-trough decline | -7.43% | -14.89% | +7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 8.84% | -2.33% |
Volatility
HUBB vs. ETN - Volatility Comparison
The current volatility for Hubbell Incorporated (HUBB) is 8.30%, while Eaton Corporation plc (ETN) has a volatility of 13.64%. This indicates that HUBB 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
| HUBB | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 13.64% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 22.61% | 26.97% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.80% | 33.47% | -4.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.22% | 30.25% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.79% | 30.10% | -1.31% |
Dividends
HUBB vs. ETN - Dividend Comparison
HUBB's dividend yield for the trailing twelve months is around 1.19%, more than ETN's 1.09% 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% |
HUBB Hubbell Incorporated | 1.19% | 1.21% | 1.19% | 1.39% | 1.82% | 1.92% | 2.37% | 2.32% | 3.17% | 2.12% | 2.22% | 0.00% |
Financials
HUBB vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Hubbell Incorporated 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
HUBB vs. ETN - Profitability Comparison
HUBB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported a gross profit of 505.30M and revenue of 1.52B. Therefore, the gross margin over that period was 33.3%.
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%.
HUBB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported an operating income of 263.80M and revenue of 1.52B, resulting in an operating margin of 17.4%.
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%.
HUBB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hubbell Incorporated reported a net income of 181.80M and revenue of 1.52B, resulting in a net margin of 12.0%.
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
HUBB and ETN have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (13.64%) compared to HUBB (8.30%). In terms of maximum drawdown, HUBB dropped -41.63% vs ETN's -68.95%.
HUBB currently has the higher Sharpe Ratio (0.77 vs 0.67), 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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