PH vs. EUFN
PH (Parker-Hannifin Corporation) is a stock, while EUFN (iShares MSCI Europe Financials ETF) is Financials Equities fund tracking the MSCI Europe Financials Index. Over the past 10 years, PH returned 25.12%/yr vs 13.48%/yr for EUFN. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
PH vs. EUFN - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 3.21% return, which is significantly lower than EUFN's 4.75% return. Over the past 10 years, PH has outperformed EUFN with an annualized return of 25.12%, while EUFN has yielded a comparatively lower 13.48% annualized return.
PH
- 1D
- 0.12%
- 1M
- 4.72%
- YTD
- 3.21%
- 6M
- 2.52%
- 1Y
- 39.33%
- 3Y*
- 36.33%
- 5Y*
- 26.12%
- 10Y*
- 25.12%
EUFN
- 1D
- 1.20%
- 1M
- 3.43%
- YTD
- 4.75%
- 6M
- 9.10%
- 1Y
- 28.57%
- 3Y*
- 32.04%
- 5Y*
- 18.43%
- 10Y*
- 13.48%
PH vs. EUFN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 3.21% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
EUFN iShares MSCI Europe Financials ETF | 4.75% | 65.73% | 17.20% | 26.15% | -8.78% | 19.13% | -8.55% | 20.73% | -23.14% | 26.94% |
Correlation
The correlation between PH and EUFN is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2010 | 0.56 |
The correlation between PH and EUFN shifts across timeframes, from 0.39 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PH vs. EUFN — Risk / Return Rank
PH
EUFN
PH vs. EUFN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and iShares MSCI Europe Financials ETF (EUFN). 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.
| PH | EUFN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.79 | +0.12 |
| Martin ratioReturn relative to average drawdown | 5.64 | 6.24 | -0.59 |
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Drawdowns
PH vs. EUFN - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, which is greater than EUFN's maximum drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for PH and EUFN.
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Drawdown Indicators
| PH | EUFN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -53.25% | -13.67% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -14.77% | -4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -15.95% | -10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -35.15% | +6.51% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -53.25% | -1.43% |
Current DrawdownCurrent decline from peak | -11.49% | -0.10% | -11.39% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -14.53% | -0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 4.23% | +2.29% |
Volatility
PH vs. EUFN - Volatility Comparison
Parker-Hannifin Corporation (PH) has a higher volatility of 7.58% compared to iShares MSCI Europe Financials ETF (EUFN) at 6.96%. This indicates that PH's price experiences larger fluctuations and is considered to be riskier than EUFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PH | EUFN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 6.96% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 17.05% | +1.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.10% | 20.17% | +4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.68% | 21.88% | +6.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 24.53% | +7.17% |
Dividends
PH vs. EUFN - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.82%, less than EUFN's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUFN iShares MSCI Europe Financials ETF | 3.41% | 3.57% | 5.36% | 5.00% | 4.24% | 4.15% | 1.38% | 4.55% | 6.48% | 3.04% | 4.03% | 3.65% |
PH Parker-Hannifin Corporation | 0.82% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
Frequently Asked Questions
PH and EUFN have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PH has higher volatility (7.58%) compared to EUFN (6.96%). In terms of maximum drawdown, PH dropped -66.92% vs EUFN's -53.25%.
PH currently has the higher Sharpe Ratio (1.47 vs 1.31), 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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