HUBB vs. NDSN
HUBB (Hubbell Incorporated) and NDSN (Nordson Corporation) are both stocks. Both are in the Industrials sector — HUBB in Electrical Equipment & Parts, NDSN in Specialty Industrial Machinery. Over the past 10 years, HUBB returned 18.87%/yr vs 13.63%/yr for NDSN. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
HUBB vs. NDSN - Performance Comparison
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Returns By Period
In the year-to-date period, HUBB achieves a 9.89% return, which is significantly lower than NDSN's 19.52% return. Over the past 10 years, HUBB has outperformed NDSN with an annualized return of 18.87%, while NDSN has yielded a comparatively lower 13.63% annualized return.
HUBB
- 1D
- 0.07%
- 1M
- -4.15%
- YTD
- 9.89%
- 6M
- 11.50%
- 1Y
- 25.70%
- 3Y*
- 19.69%
- 5Y*
- 22.32%
- 10Y*
- 18.87%
NDSN
- 1D
- -1.03%
- 1M
- 1.34%
- YTD
- 19.52%
- 6M
- 20.95%
- 1Y
- 36.24%
- 3Y*
- 9.73%
- 5Y*
- 6.19%
- 10Y*
- 13.63%
HUBB vs. NDSN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBB Hubbell Incorporated | 9.89% | 7.43% | 28.94% | 42.40% | 15.08% | 35.60% | 8.89% | 52.88% | -24.61% | 18.83% |
NDSN Nordson Corporation | 19.52% | 17.03% | -20.15% | 12.39% | -5.93% | 28.09% | 24.45% | 37.88% | -17.65% | 31.83% |
Correlation
The correlation between HUBB and NDSN is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 28, 2015 | 0.56 |
The correlation between HUBB and NDSN shifts across timeframes, from 0.43 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HUBB:
$25.87B
NDSN:
$16.08B
HUBB:
$16.89
NDSN:
$9.36
HUBB:
28.72
NDSN:
30.61
HUBB:
1.20
NDSN:
11.99
HUBB:
4.34
NDSN:
5.57
HUBB:
6.85
NDSN:
5.02
HUBB:
$6.00B
NDSN:
$2.90B
HUBB:
$2.13B
NDSN:
$1.60B
HUBB:
$1.44B
NDSN:
$744.50M
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Return for Risk
HUBB vs. NDSN — Risk / Return Rank
HUBB
NDSN
HUBB vs. NDSN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hubbell Incorporated (HUBB) and Nordson Corporation (NDSN). 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.
| HUBB | NDSN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.29 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.57 | -1.09 |
| Martin ratioReturn relative to average drawdown | 4.16 | 8.31 | -4.15 |
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
| HUBB | NDSN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.75 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.25 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.48 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.38 | +0.28 |
Drawdowns
HUBB vs. NDSN - Drawdown Comparison
The maximum HUBB drawdown since its inception was -41.63%, smaller than the maximum NDSN drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for HUBB and NDSN.
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Drawdown Indicators
| HUBB | NDSN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.63% | -73.62% | +31.99% |
Max Drawdown (1Y)Largest decline over 1 year | -17.36% | -14.15% | -3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -32.65% | -39.15% | +6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -32.65% | -39.15% | +6.50% |
Max Drawdown (10Y)Largest decline over 10 years | -41.63% | -44.24% | +2.61% |
Current DrawdownCurrent decline from peak | -12.75% | -3.99% | -8.76% |
Average DrawdownAverage peak-to-trough decline | -7.42% | -13.25% | +5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 4.38% | +1.82% |
Volatility
HUBB vs. NDSN - Volatility Comparison
Hubbell Incorporated (HUBB) has a higher volatility of 7.18% compared to Nordson Corporation (NDSN) at 6.64%. This indicates that HUBB's price experiences larger fluctuations and is considered to be riskier than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUBB | NDSN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 6.64% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 22.21% | 15.00% | +7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.51% | 20.75% | +7.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.17% | 24.66% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.77% | 28.42% | +0.35% |
Dividends
HUBB vs. NDSN - Dividend Comparison
HUBB's dividend yield for the trailing twelve months is around 1.15%, more than NDSN's 1.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUBB Hubbell Incorporated | 1.15% | 1.21% | 1.19% | 1.39% | 1.82% | 1.92% | 2.37% | 2.32% | 3.17% | 2.12% | 2.22% | 0.00% |
NDSN Nordson Corporation | 1.13% | 1.66% | 1.02% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% |
Financials
HUBB vs. NDSN - Financials Comparison
This section allows you to compare key financial metrics between Hubbell Incorporated and Nordson Corporation. 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. NDSN - 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%.
NDSN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported a gross profit of 404.08M and revenue of 740.85M. Therefore, the gross margin over that period was 54.5%.
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%.
NDSN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported an operating income of 197.20M and revenue of 740.85M, resulting in an operating margin of 26.6%.
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%.
NDSN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported a net income of 117.32M and revenue of 740.85M, resulting in a net margin of 15.8%.
Frequently Asked Questions
HUBB and NDSN have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUBB has higher volatility (7.18%) compared to NDSN (6.64%). In terms of maximum drawdown, HUBB dropped -41.63% vs NDSN's -73.62%.
NDSN currently has the higher Sharpe Ratio (1.75 vs 0.91), 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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