RMD vs. ETN
Compare and contrast key facts about ResMed Inc. (RMD) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RMD or ETN.
Correlation
The correlation between RMD and ETN is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RMD vs. ETN - Performance Comparison
Key characteristics
RMD:
1.01
ETN:
1.65
RMD:
1.69
ETN:
2.20
RMD:
1.24
ETN:
1.30
RMD:
0.87
ETN:
2.34
RMD:
6.82
ETN:
7.33
RMD:
5.52%
ETN:
6.32%
RMD:
37.39%
ETN:
28.01%
RMD:
-61.60%
ETN:
-68.95%
RMD:
-17.91%
ETN:
-10.44%
Fundamentals
RMD:
$35.62B
ETN:
$137.17B
RMD:
$7.55
ETN:
$9.41
RMD:
32.14
ETN:
36.88
RMD:
1.84
ETN:
3.01
RMD:
$4.81B
ETN:
$24.61B
RMD:
$2.75B
ETN:
$9.42B
RMD:
$1.69B
ETN:
$5.48B
Returns By Period
In the year-to-date period, RMD achieves a 39.22% return, which is significantly lower than ETN's 42.14% return. Over the past 10 years, RMD has underperformed ETN with an annualized return of 16.86%, while ETN has yielded a comparatively higher 20.48% annualized return.
RMD
39.22%
-1.77%
15.80%
37.00%
9.70%
16.86%
ETN
42.14%
-6.20%
6.30%
44.25%
31.84%
20.48%
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Risk-Adjusted Performance
RMD vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ResMed Inc. (RMD) 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.
Dividends
RMD vs. ETN - Dividend Comparison
RMD's dividend yield for the trailing twelve months is around 0.85%, less than ETN's 1.11% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ResMed Inc. | 0.85% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% | 1.89% | 1.78% |
Eaton Corporation plc | 1.11% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
Drawdowns
RMD vs. ETN - Drawdown Comparison
The maximum RMD drawdown since its inception was -61.60%, smaller than the maximum ETN drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for RMD and ETN. For additional features, visit the drawdowns tool.
Volatility
RMD vs. ETN - Volatility Comparison
ResMed Inc. (RMD) has a higher volatility of 7.89% compared to Eaton Corporation plc (ETN) at 6.78%. This indicates that RMD's price experiences larger fluctuations and is considered to be riskier than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RMD vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between ResMed 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