ETN correlations (Eaton Corporation)
Which assets move with ETN and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Electrical Components & Equipment
Volatility (ann.)
30.2%
3y weekly
Beta vs S&P 500
1.33
3y weekly
1-year return
+19.7%
price, adjusted
5-year return
+164.1%
price, adjusted
Market cap
$161.6B
latest
P/E ratio
42.4
trailing
Dividend yield
1.02%
trailing
Max drawdown
-34.5%
3y, daily closes
ETN over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ETN
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| TT | Trane Technologies | 0.80 | |
| HUBB | Hubbell Incorporated | 0.77 | |
| NVT | nVent Electric plc | 0.76 | |
| VRT | Vertiv | 0.76 | |
| EME | Emcor | 0.73 | |
| XLI | Industrial Select Sector SPDR Fund | 0.71 | |
| PWR | Quanta Services | 0.70 | |
| ITT | ITT Inc. | 0.70 | |
| FIX | Comfort Systems USA | 0.69 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.68 | |
| APH | Amphenol | 0.67 | |
| GEV | GE Vernova | 0.66 | |
| SMH | VanEck Semiconductor ETF | 0.65 | |
| PH | Parker Hannifin | 0.64 | |
| VTI | Vanguard Total Stock Market ETF | 0.64 |
Best diversifiers for ETN
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ETN.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.58 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.51 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.50 | |
| GITS | Global Interactive Technologies, Inc. | -0.23 | |
| PPCB | Propanc Biopharma, Inc. | -0.23 | |
| ALMS | Alumis Inc. | -0.22 | |
| BCTX | BriaCell Therapeutics Corp. | -0.21 | |
| MLGO | MicroAlgo, Inc. | -0.20 | |
| ABBV | AbbVie | -0.20 | |
| EQS | Equus Total Return, Inc. | -0.17 |
ETN vs benchmarks
ETN vs its peers
Get ETN data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/etn.jsonCorrelations, diversifiers, beta and volatility for ETN, plus one endpoint per pair. API documentation.
ETN inside major ETFs
| ETF | ETN weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 2.87% |
| VIG | Vanguard Dividend Appreciation ETF | 0.7% |
| VYM | Vanguard High Dividend Yield ETF | 0.66% |
| VTV | Vanguard Value ETF | 0.6% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.54% |
| DGRO | iShares Core Dividend Growth ETF | 0.37% |
| IVV | iShares Core S&P 500 ETF | 0.25% |
| SPY | SPDR S&P 500 ETF Trust | 0.25% |
| VOO | Vanguard S&P 500 ETF | 0.25% |
| VTI | Vanguard Total Stock Market ETF | 0.22% |
