ETN vs SHOP
Comparison between Eaton Corporation plc (ETN, Company) and Shopify Inc - Class A (SHOP, Company).
ETN is from the Industrials sector, while SHOP is from the Technology sector.
5-Year PerformanceETN has outperformed SHOP, delivering a return of +22.9% compared to -4.8%
ETN vs SHOP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ETN vs SHOP - Historical Returns
Returns include dividend reinvestment.
ETN vs SHOP - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ETN | SHOP |
|---|---|---|
| 2026 | +23.76% | -21.74% |
| 2025 | -2.81% | +49.70% |
| 2024 | +40.64% | +44.02% |
| 2023 | +55.40% | +118.33% |
| 2022 | -4.90% | -74.54% |
| 2021 | +48.41% | +26.09% |
| 2020 | +28.40% | +177.57% |
| 2019 | +42.90% | +188.94% |
| 2018 | -9.93% | +31.24% |
| 2017 | +19.01% | +135.87% |
| 2016 | +33.38% | +66.68% |
| 2015 | -20.71% | +0.47% |
| 2014 | -7.46% | N/A |
| 2013 | +38.36% | N/A |
| 2012 | +23.06% | N/A |
| 2011 | -13.62% | N/A |
| 2010 | +62.38% | N/A |
| 2009 | +27.80% | N/A |
| 2008 | -45.34% | N/A |
| 2007 | +31.45% | N/A |
| 2006 | +14.15% | N/A |
| 2005 | -3.81% | N/A |
| 2004 | +37.99% | N/A |
| 2003 | +38.00% | N/A |
| 2002 | +7.39% | N/A |
| 2001 | +13.34% | N/A |
| 2000 | +7.94% | N/A |
| 1999 | -0.58% | N/A |
ETN vs SHOP Drawdown Comparison
The maximum drawdown for ETN was -68.97%, occurring on Mar 9, 2009. Recovery took 830 trading sessions.
The maximum drawdown for SHOP was -84.82%, occurring on Oct 11, 2022. Recovery took 985 trading sessions.
The current ETN drawdown is -7.58%. The current SHOP drawdown is -31.27%.
| Rank | ETN | SHOP |
|---|---|---|
| #1 | -68.97% Jul 23, 2007 - Nov 4, 2010 | -84.82% Nov 19, 2021 - Oct 24, 2025 |
| #2 | -44.50% Feb 20, 2020 - Aug 28, 2020 | -52.11% Aug 3, 2015 - Aug 19, 2016 |
| #3 | -38.34% Feb 11, 2011 - Dec 18, 2012 | -46.71% Oct 29, 2025 - May 13, 2026 |
| #4 | -37.52% Jul 16, 2014 - Mar 1, 2017 | -40.67% Feb 19, 2020 - Apr 17, 2020 |
| #5 | -34.46% Dec 4, 2024 - Jul 17, 2025 | -31.47% Jul 25, 2018 - Feb 8, 2019 |
| #6 | -31.65% Apr 16, 2002 - Jul 23, 2003 | -29.79% Aug 27, 2019 - Dec 26, 2019 |
| #7 | -29.63% Apr 26, 2000 - Feb 25, 2002 | -29.45% Feb 16, 2021 - Jun 21, 2021 |
| #8 | -27.29% Nov 9, 2021 - Feb 10, 2023 | -24.77% Jun 17, 2015 - Aug 3, 2015 |
| #9 | -26.06% Sep 21, 2018 - Sep 10, 2019 | -24.70% Sep 19, 2017 - Jan 25, 2018 |
| #10 | -22.62% Nov 16, 1999 - Mar 16, 2000 | -23.62% Mar 20, 2018 - Jun 4, 2018 |
| #11 | -20.53% Dec 31, 2004 - Feb 24, 2006 | -23.24% Sep 1, 2020 - Dec 16, 2020 |
| #12 | -19.78% May 24, 2024 - Oct 11, 2024 | -19.99% Jul 23, 2021 - Nov 12, 2021 |
| #13 | -19.66% May 11, 2006 - Dec 4, 2006 | -16.28% Jun 18, 2018 - Jul 23, 2018 |
| #14 | -19.14% Jul 28, 2025 - Feb 11, 2026 | -15.07% Aug 1, 2017 - Aug 24, 2017 |
| #15 | -18.51% Sep 11, 2023 - Dec 14, 2023 | -14.86% Dec 22, 2020 - Feb 5, 2021 |
Correlation
Correlation between ETN and SHOP is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
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