AENA.MC vs. GE

Last updated Jun 5, 2026

AENA.MC (Aena SA) and GE (General Electric Company) are both stocks. Both are in the Industrials sector — AENA.MC in Airports & Air Services, GE in Specialty Industrial Machinery. Over the past 10 years, AENA.MC returned 9.91%/yr vs 9.39%/yr for GE. At a 0.22 correlation, their price movements are largely independent.

Performance

AENA.MC vs. GE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Aena SA (AENA.MC) and General Electric Company (GE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AENA.MC is traded in EUR, while GE is traded in USD. To make them comparable, the GE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AENA.MC achieves a 6.05% return, which is significantly lower than GE's 6.63% return. Over the past 10 years, AENA.MC has outperformed GE with an annualized return of 9.91%, while GE has yielded a comparatively lower 9.39% annualized return.

AENA.MC

• 1D: 0.66%
• 1M: 3.30%
• YTD: 6.05%
• 6M: 9.49%
• 1Y: 4.12%
• 3Y*: 23.30%
• 5Y*: 14.65%
• 10Y*: 9.91%

GE

• 1D: -1.93%
• 1M: 10.74%
• YTD: 6.63%
• 6M: 13.43%
• 1Y: 25.10%
• 3Y*: 53.19%
• 5Y*: 38.45%
• 10Y*: 9.39%

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

AENA.MC vs. GE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AENA.MC Aena SA	6.05%	25.21%	24.57%	43.51%	-15.49%	-2.39%	-16.60%	30.05%	-17.17%	32.90%
GE General Electric Company	6.63%	63.69%	75.71%	89.84%	-5.40%	17.89%	-10.75%	57.48%	-53.30%	-49.93%

Correlation

The correlation between AENA.MC and GE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Feb 12, 2015	0.22

Return for Risk

AENA.MC vs. GE — Risk / Return Rank

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

AENA.MC

AENA.MC Risk / Return Rank: 46
AENA.MC Sharpe Ratio Rank: 50
AENA.MC Sortino Ratio Rank: 42
AENA.MC Omega Ratio Rank: 41
AENA.MC Calmar Ratio Rank: 48
AENA.MC Martin Ratio Rank: 49

GE

GE Risk / Return Rank: 66
GE Sharpe Ratio Rank: 69
GE Sortino Ratio Rank: 63
GE Omega Ratio Rank: 62
GE Calmar Ratio Rank: 67
GE Martin Ratio Rank: 70

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.

AENA.MC vs. GE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aena SA (AENA.MC) and General Electric Company (GE). 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.

	AENA.MC	GE	Difference
Sharpe ratio: Return per unit of total volatility	0.23	0.80	-0.57
Sortino ratio: Return per unit of downside risk	0.47	1.25	-0.78
Omega ratio: Gain probability vs. loss probability	1.06	1.15	-0.10
Calmar ratio: Return relative to maximum drawdown	0.28	1.25	-0.97
Martin ratio: Return relative to average drawdown	0.59	3.25	-2.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AENA.MC vs. GE - Sharpe Ratio Comparison

The current AENA.MC Sharpe Ratio is 0.23, which is lower than the GE Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of AENA.MC and GE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AENA.MC	GE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	0.80	-0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	1.26	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.26	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.19	+0.33

Drawdowns

AENA.MC vs. GE - Drawdown Comparison

The maximum AENA.MC drawdown since its inception was -48.39%, smaller than the maximum GE drawdown of -81.85%. Use the drawdown chart below to compare losses from any high point for AENA.MC and GE.

Drawdown Indicators

	AENA.MC	GE	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-81.85%	+33.46%
Max Drawdown (1Y) Largest decline over 1 year	-18.14%	-20.09%	+1.95%
Max Drawdown (3Y) Largest decline over 3 years	-18.14%	-24.51%	+6.37%
Max Drawdown (5Y) Largest decline over 5 years	-33.30%	-36.86%	+3.56%
Max Drawdown (10Y) Largest decline over 10 years	-48.39%	-81.85%	+33.46%
Current Drawdown Current decline from peak	-12.32%	-5.45%	-6.87%
Average Drawdown Average peak-to-trough decline	-12.31%	-37.82%	+25.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.57%	7.84%	+0.73%

Volatility

AENA.MC vs. GE - Volatility Comparison

The current volatility for Aena SA (AENA.MC) is 8.08%, while General Electric Company (GE) has a volatility of 9.27%. This indicates that AENA.MC experiences smaller price fluctuations and is considered to be less risky than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AENA.MC	GE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.08%	9.27%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	16.91%	26.35%	-9.44%
Volatility (1Y) Calculated over the trailing 1-year period	21.94%	31.53%	-9.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.04%	30.75%	-7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.60%	36.54%	-9.94%

Dividends

AENA.MC vs. GE - Dividend Comparison

AENA.MC's dividend yield for the trailing twelve months is around 3.62%, more than GE's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AENA.MC Aena SA	3.62%	3.32%	3.14%	2.34%	0.00%	0.00%	0.00%	3.29%	3.88%	1.84%	1.69%	0.00%
GE General Electric Company	0.48%	0.47%	0.67%	0.25%	0.38%	0.34%	0.37%	4.12%	4.89%	4.81%	2.94%	2.95%

Financials

Frequently Asked Questions

Can I hold both AENA.MC and GE in my portfolio?

AENA.MC and GE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.