WDS vs. ETN
WDS (Woodside Energy Group Ltd) and ETN (Eaton Corporation plc) are both stocks. WDS operates in Oil & Gas E&P (Energy), while ETN operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, WDS returned 7.93%/yr vs 23.38%/yr for ETN. At a 0.37 correlation, their price movements are largely independent.
Performance
WDS vs. ETN - Performance Comparison
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Returns By Period
In the year-to-date period, WDS achieves a 52.08% return, which is significantly higher than ETN's 23.61% return. Over the past 10 years, WDS has underperformed ETN with an annualized return of 7.93%, while ETN has yielded a comparatively higher 23.38% annualized return.
WDS
- 1D
- 6.17%
- 1M
- 2.76%
- YTD
- 52.08%
- 6M
- 46.18%
- 1Y
- 58.11%
- 3Y*
- 6.16%
- 5Y*
- 12.79%
- 10Y*
- 7.93%
ETN
- 1D
- -0.57%
- 1M
- -3.82%
- YTD
- 23.61%
- 6M
- 18.59%
- 1Y
- 19.85%
- 3Y*
- 28.04%
- 5Y*
- 23.65%
- 10Y*
- 23.38%
WDS vs. ETN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDS Woodside Energy Group Ltd | 52.08% | 6.78% | -20.60% | -4.42% | 68.06% | -6.77% | -24.23% | 14.38% | -9.70% | 19.32% |
ETN Eaton Corporation plc | 23.61% | -2.79% | 39.51% | 56.22% | -7.18% | 46.70% | 29.88% | 42.76% | -10.04% | 21.54% |
Correlation
The correlation between WDS and ETN is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.37 |
Over the past year, the correlation between WDS and ETN has dropped to 0.02 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
WDS:
$44.17B
ETN:
$152.33B
WDS:
$3.29
ETN:
$10.22
WDS:
7.02
ETN:
38.28
WDS:
0.24
ETN:
2.08
WDS:
1.69
ETN:
5.36
WDS:
1.23
ETN:
7.71
WDS:
$26.15B
ETN:
$28.52B
WDS:
$9.87B
ETN:
$7.87B
WDS:
$17.06B
ETN:
$4.75B
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Return for Risk
WDS vs. ETN — Risk / Return Rank
WDS
ETN
WDS vs. ETN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Woodside Energy Group Ltd (WDS) 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.
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.
| WDS | ETN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.13 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 1.04 | +2.36 |
| Martin ratioReturn relative to average drawdown | 7.88 | 2.25 | +5.63 |
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Drawdowns
WDS vs. ETN - Drawdown Comparison
The maximum WDS drawdown since its inception was -77.06%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for WDS and ETN.
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Drawdown Indicators
| WDS | ETN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.06% | -68.95% | -8.11% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -19.14% | +1.98% |
Max Drawdown (3Y)Largest decline over 3 years | -48.77% | -34.46% | -14.31% |
Max Drawdown (5Y)Largest decline over 5 years | -48.77% | -34.46% | -14.31% |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | -44.55% | -21.61% |
Current DrawdownCurrent decline from peak | -10.20% | -9.36% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -39.55% | -14.89% | -24.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 8.86% | -1.46% |
Volatility
WDS vs. ETN - Volatility Comparison
The current volatility for Woodside Energy Group Ltd (WDS) is 10.13%, while Eaton Corporation plc (ETN) has a volatility of 13.57%. This indicates that WDS 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
| WDS | ETN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.13% | 13.57% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 26.78% | -2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.62% | 33.48% | -2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.40% | 30.24% | +3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 30.10% | +3.68% |
Dividends
WDS vs. ETN - Dividend Comparison
WDS's dividend yield for the trailing twelve months is around 4.85%, more than ETN's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.09% | 1.31% | 1.13% | 1.43% | 2.06% | 1.76% | 1.88% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% |
WDS Woodside Energy Group Ltd | 4.85% | 6.80% | 8.27% | 10.62% | 8.84% | 2.39% | 4.41% | 5.12% | 5.45% | 3.65% | 5.21% | 9.84% |
Financials
WDS vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Woodside Energy Group Ltd 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
WDS vs. ETN - Profitability Comparison
WDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a gross profit of 1.99B and revenue of 6.39B. Therefore, the gross margin over that period was 31.1%.
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%.
WDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported an operating income of 1.67B and revenue of 6.39B, resulting in an operating margin of 26.1%.
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%.
WDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a net income of 1.40B and revenue of 6.39B, resulting in a net margin of 21.9%.
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
WDS and ETN have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETN has higher volatility (13.57%) compared to WDS (10.13%). In terms of maximum drawdown, WDS dropped -77.06% vs ETN's -68.95%.
WDS currently has the higher Sharpe Ratio (1.91 vs 0.60), 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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