TT vs. VRT

Last updated Jun 13, 2026

TT (Trane Technologies plc) and VRT (Vertiv Holdings Co.) are both stocks. Both are in the Industrials sector — TT in Specialty Industrial Machinery, VRT in Electrical Equipment & Parts. Over the past 5 years, TT returned 21.39%/yr vs 63.29%/yr for VRT. At a 0.44 correlation, their price movements are largely independent.

Performance

TT vs. VRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trane Technologies plc (TT) and Vertiv Holdings Co. (VRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TT achieves a 18.29% return, which is significantly lower than VRT's 86.99% return.

TT

• 1D: -0.41%
• 1M: -1.57%
• YTD: 18.29%
• 6M: 17.69%
• 1Y: 9.76%
• 3Y*: 37.71%
• 5Y*: 21.39%
• 10Y*: 23.76%

VRT

• 1D: 1.68%
• 1M: -18.35%
• YTD: 86.99%
• 6M: 87.85%
• 1Y: 173.26%
• 3Y*: 138.33%
• 5Y*: 63.29%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TT vs. VRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TT Trane Technologies plc	18.29%	6.38%	52.97%	47.39%	-15.34%	41.02%	11.26%	48.32%	-5.67%
VRT Vertiv Holdings Co.	86.99%	42.80%	136.82%	251.81%	-45.25%	33.80%	69.36%	12.55%	1.03%

Correlation

The correlation between TT and VRT is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jul 30, 2018	0.44

The correlation between TT and VRT shifts across timeframes, from 0.44 (all time) to 0.57 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TT : $102.24B VRT : $118.76B
EPS TT : $12.94 VRT : $3.99
PE Ratio TT : 35.43 VRT : 75.98
PEG Ratio TT : 1.62 VRT : 0.33
PS Ratio TT : 4.75 VRT : 10.92
PB Ratio TT : 11.87 VRT : 27.98
Total Revenue (TTM) TT : $21.60B VRT : $10.84B
Gross Profit (TTM) TT : $7.76B VRT : $3.92B
EBITDA (TTM) TT : $4.25B VRT : $2.35B

Return for Risk

TT vs. VRT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TT

TT Risk / Return Rank: 51
TT Sharpe Ratio Rank: 54
TT Sortino Ratio Rank: 47
TT Omega Ratio Rank: 47
TT Calmar Ratio Rank: 54
TT Martin Ratio Rank: 53

VRT

VRT Risk / Return Rank: 94
VRT Sharpe Ratio Rank: 95
VRT Sortino Ratio Rank: 92
VRT Omega Ratio Rank: 91
VRT Calmar Ratio Rank: 95
VRT Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TT vs. VRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and Vertiv Holdings Co. (VRT). 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.

	TT	VRT	Difference
Sharpe ratio: Return per unit of total volatility	0.33	2.85	-2.52
Sortino ratio: Return per unit of downside risk	0.63	3.34	-2.71
Omega ratio: Gain probability vs. loss probability	1.08	1.41	-0.33
Calmar ratio: Return relative to maximum drawdown	0.45	6.55	-6.10
Martin ratio: Return relative to average drawdown	0.89	17.79	-16.90

TT vs. VRT - Sharpe Ratio Comparison

The current TT Sharpe Ratio is 0.33, which is lower than the VRT Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of TT and VRT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TT vs. VRT - Drawdown Comparison

The maximum TT drawdown since its inception was -77.91%, which is greater than VRT's maximum drawdown of -71.24%. Use the drawdown chart below to compare losses from any high point for TT and VRT.

Drawdown Indicators

	TT	VRT	Difference
Max Drawdown Largest peak-to-trough decline	-77.91%	-71.24%	-6.67%
Max Drawdown (1Y) Largest decline over 1 year	-19.97%	-25.32%	+5.35%
Max Drawdown (3Y) Largest decline over 3 years	-24.44%	-61.28%	+36.84%
Max Drawdown (5Y) Largest decline over 5 years	-40.53%	-71.24%	+30.71%
Max Drawdown (10Y) Largest decline over 10 years	-51.13%	—	—
Current Drawdown Current decline from peak	-6.75%	-19.50%	+12.75%
Average Drawdown Average peak-to-trough decline	-14.83%	-16.23%	+1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.12%	9.30%	+0.82%

Volatility

TT vs. VRT - Volatility Comparison

The current volatility for Trane Technologies plc (TT) is 9.05%, while Vertiv Holdings Co. (VRT) has a volatility of 16.12%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than VRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TT	VRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.05%	16.12%	-7.07%
Volatility (6M) Calculated over the trailing 6-month period	21.82%	45.82%	-24.00%
Volatility (1Y) Calculated over the trailing 1-year period	27.50%	58.29%	-30.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.38%	61.88%	-34.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.34%	54.61%	-26.27%

Dividends

TT vs. VRT - Dividend Comparison

TT's dividend yield for the trailing twelve months is around 0.87%, more than VRT's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TT Trane Technologies plc	0.87%	0.97%	0.91%	1.23%	1.59%	1.17%	1.46%	1.59%	2.15%	1.91%	1.81%	2.10%
VRT Vertiv Holdings Co.	0.07%	0.11%	0.10%	0.05%	0.07%	0.04%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

TT vs. VRT - Profitability Comparison

The chart below illustrates the profitability comparison between Trane Technologies plc and Vertiv Holdings Co. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a gross profit of 1.73B and revenue of 4.97B. Therefore, the gross margin over that period was 34.8%.

VRT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported a gross profit of 999.70M and revenue of 2.65B. Therefore, the gross margin over that period was 37.7%.

TT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported an operating income of 776.10M and revenue of 4.97B, resulting in an operating margin of 15.6%.

VRT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported an operating income of 440.10M and revenue of 2.65B, resulting in an operating margin of 16.6%.

TT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trane Technologies plc reported a net income of 584.40M and revenue of 4.97B, resulting in a net margin of 11.8%.

VRT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vertiv Holdings Co. reported a net income of 390.10M and revenue of 2.65B, resulting in a net margin of 14.7%.

Frequently Asked Questions

Can I hold both TT and VRT in my portfolio?

TT and VRT have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TT or VRT?

VRT has higher volatility (16.12%) compared to TT (9.05%). In terms of maximum drawdown, TT dropped -77.91% vs VRT's -71.24%.

Which has better risk-adjusted returns?

VRT currently has the higher Sharpe Ratio (2.85 vs 0.33), 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.