MYRG vs. ETN
MYRG (MYR Group Inc.) and ETN (Eaton Corporation plc) are both stocks. Both are in the Industrials sector — MYRG in Engineering & Construction, ETN in Specialty Industrial Machinery. Over the past 10 years, MYRG returned 33.61%/yr vs 23.50%/yr for ETN. At a 0.46 correlation, their price movements are largely independent.
Performance
MYRG vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, MYRG achieves a 99.95% return, which is significantly higher than ETN's 27.32% return. Over the past 10 years, MYRG has outperformed ETN with an annualized return of 33.61%, while ETN has yielded a comparatively lower 23.50% annualized return.
MYRG
- 1D
- -1.97%
- 1M
- -0.22%
- YTD
- 99.95%
- 6M
- 87.41%
- 1Y
- 163.86%
- 3Y*
- 47.27%
- 5Y*
- 36.84%
- 10Y*
- 33.61%
ETN
- 1D
- 1.82%
- 1M
- 0.41%
- YTD
- 27.32%
- 6M
- 18.09%
- 1Y
- 23.03%
- 3Y*
- 30.80%
- 5Y*
- 24.42%
- 10Y*
- 23.50%
MYRG vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MYRG MYR Group Inc. | 99.95% | 46.87% | 2.86% | 57.09% | -16.72% | 83.94% | 84.41% | 15.69% | -21.16% | -5.18% |
ETN Eaton Corporation plc | 27.32% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
Correlation
The correlation between MYRG and ETN is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2008 | 0.46 |
The correlation between MYRG and ETN has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.
Fundamentals
MYRG:
$6.85B
ETN:
$156.90B
MYRG:
$9.07
ETN:
$10.22
MYRG:
48.16
ETN:
39.43
MYRG:
0.76
ETN:
2.14
MYRG:
1.79
ETN:
5.52
MYRG:
9.74
ETN:
7.94
MYRG:
$3.82B
ETN:
$28.52B
MYRG:
$461.34M
ETN:
$7.87B
MYRG:
$248.38M
ETN:
$4.75B
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Return for Risk
MYRG vs. ETN — Risk / Return Rank
MYRG
ETN
MYRG vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MYR Group Inc. (MYRG) 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.
| MYRG | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.97 | ||
| Sortino ratioReturn per unit of downside risk | +3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.14 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 12.08 | 1.21 | +10.87 |
| Martin ratioReturn relative to average drawdown | 32.95 | 2.63 | +30.31 |
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
| MYRG | ETN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.68 | 0.71 | +2.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.82 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.79 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.42 | +0.04 |
Drawdowns
MYRG vs. ETN - Drawdown Comparison
The maximum MYRG drawdown since its inception was -64.46%, smaller than the maximum ETN drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for MYRG and ETN.
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Drawdown Indicators
| MYRG | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.46% | -68.95% | +4.49% |
Max Drawdown (1Y)Largest decline over 1 year | -13.65% | -19.14% | +5.49% |
Max Drawdown (3Y)Largest decline over 3 years | -50.29% | -34.46% | -15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -50.29% | -34.46% | -15.83% |
Max Drawdown (10Y)Largest decline over 10 years | -61.52% | -44.55% | -16.97% |
Current DrawdownCurrent decline from peak | -8.78% | -6.64% | -2.14% |
Average DrawdownAverage peak-to-trough decline | -17.49% | -14.90% | -2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 8.78% | -3.79% |
Volatility
MYRG vs. ETN - Volatility Comparison
The current volatility for MYR Group Inc. (MYRG) is 11.08%, while Eaton Corporation plc (ETN) has a volatility of 12.39%. This indicates that MYRG 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
| MYRG | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.08% | 12.39% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 35.02% | 25.71% | +9.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.91% | 32.58% | +12.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.58% | 30.03% | +11.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.65% | 30.01% | +13.64% |
Dividends
MYRG vs. ETN - Dividend Comparison
MYRG has not paid dividends to shareholders, while ETN's dividend yield for the trailing twelve months is around 1.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.06% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
MYRG MYR Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MYRG vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between MYR Group 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
MYRG vs. ETN - Profitability Comparison
MYRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported a gross profit of 134.44M and revenue of 1.00B. Therefore, the gross margin over that period was 13.4%.
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%.
MYRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported an operating income of 64.72M and revenue of 1.00B, resulting in an operating margin of 6.5%.
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%.
MYRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MYR Group Inc. reported a net income of 46.80M and revenue of 1.00B, resulting in a net margin of 4.7%.
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
MYRG and ETN have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (12.39%) compared to MYRG (11.08%). In terms of maximum drawdown, MYRG dropped -64.46% vs ETN's -68.95%.
MYRG currently has the higher Sharpe Ratio (3.68 vs 0.71), 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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