STEM vs. ETN
STEM (Stem, Inc.) and ETN (Eaton Corporation plc) are both stocks. STEM operates in Software - Infrastructure (Technology), while ETN operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, STEM returned -57.40%/yr vs 25.16%/yr for ETN. At a 0.28 correlation, their price movements are largely independent.
Performance
STEM vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, STEM achieves a -39.93% return, which is significantly lower than ETN's 33.02% return.
STEM
- 1D
- -9.78%
- 1M
- -10.76%
- YTD
- -39.93%
- 6M
- -47.56%
- 1Y
- -10.39%
- 3Y*
- -56.34%
- 5Y*
- -57.40%
- 10Y*
- —
ETN
- 1D
- 0.86%
- 1M
- -0.02%
- YTD
- 33.02%
- 6M
- 26.26%
- 1Y
- 30.76%
- 3Y*
- 32.92%
- 5Y*
- 25.16%
- 10Y*
- 24.08%
STEM vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
STEM Stem, Inc. | -39.93% | 24.79% | -84.46% | -56.60% | -52.87% | -7.28% | 110.93% |
ETN Eaton Corporation plc | 33.02% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 12.55% |
Correlation
The correlation between STEM and ETN is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020 | 0.28 |
Fundamentals
STEM:
$76.99M
ETN:
$163.93B
STEM:
$16.99
ETN:
$10.22
STEM:
0.53
ETN:
41.19
STEM:
0.50
ETN:
5.76
STEM:
$152.75M
ETN:
$28.52B
STEM:
$55.48M
ETN:
$7.87B
STEM:
$200.63M
ETN:
$4.75B
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Return for Risk
STEM vs. ETN — Risk / Return Rank
STEM
ETN
STEM vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stem, Inc. (STEM) 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.
| STEM | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.18 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 1.61 | -1.76 |
| Martin ratioReturn relative to average drawdown | -0.23 | 3.53 | -3.75 |
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
| STEM | ETN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 0.97 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.50 | 0.85 | -1.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.42 | -0.78 |
Drawdowns
STEM vs. ETN - Drawdown Comparison
The maximum STEM drawdown since its inception was -99.41%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for STEM and ETN.
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Drawdown Indicators
| STEM | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.41% | -68.95% | -30.46% |
Max Drawdown (1Y)Largest decline over 1 year | -72.31% | -19.14% | -53.17% |
Max Drawdown (3Y)Largest decline over 3 years | -95.98% | -34.46% | -61.52% |
Max Drawdown (5Y)Largest decline over 5 years | -99.20% | -34.46% | -64.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.55% | — |
Current DrawdownCurrent decline from peak | -99.10% | -2.46% | -96.64% |
Average DrawdownAverage peak-to-trough decline | -79.12% | -14.90% | -64.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.79% | 8.75% | +37.04% |
Volatility
STEM vs. ETN - Volatility Comparison
Stem, Inc. (STEM) has a higher volatility of 30.04% compared to Eaton Corporation plc (ETN) at 12.77%. This indicates that STEM'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.
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Volatility by Period
| STEM | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.04% | 12.77% | +17.27% |
Volatility (6M)Calculated over the trailing 6-month period | 63.04% | 25.11% | +37.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 121.65% | 32.08% | +89.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.11% | 29.93% | +84.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.40% | 29.96% | +87.44% |
Dividends
STEM vs. ETN - Dividend Comparison
STEM has not paid dividends to shareholders, while ETN's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.02% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
STEM Stem, 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
STEM vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Stem, 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
STEM vs. ETN - Profitability Comparison
STEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stem, Inc. reported a gross profit of 10.86M and revenue of 29.00M. Therefore, the gross margin over that period was 37.4%.
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%.
STEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stem, Inc. reported an operating income of -14.21M and revenue of 29.00M, resulting in an operating margin of -49.0%.
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%.
STEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stem, Inc. reported a net income of -18.93M and revenue of 29.00M, resulting in a net margin of -65.3%.
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
STEM and ETN have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STEM has higher volatility (30.04%) compared to ETN (12.77%). In terms of maximum drawdown, STEM dropped -99.41% vs ETN's -68.95%.
ETN currently has the higher Sharpe Ratio (0.97 vs -0.09), 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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