BE vs. SIEGY

Last updated Jun 9, 2026

BE (Bloom Energy Corporation) and SIEGY (Siemens Aktiengesellschaft) are both stocks. Both are in the Industrials sector — BE in Electrical Equipment & Parts, SIEGY in Specialty Industrial Machinery. Over the past 5 years, BE returned 58.49%/yr vs 15.96%/yr for SIEGY. At a 0.30 correlation, their price movements are largely independent.

Performance

BE vs. SIEGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bloom Energy Corporation (BE) and Siemens Aktiengesellschaft (SIEGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BE achieves a 191.83% return, which is significantly higher than SIEGY's 12.35% return.

BE

• 1D: -3.81%
• 1M: -2.86%
• YTD: 191.83%
• 6M: 126.83%
• 1Y: 1,064.23%
• 3Y*: 155.85%
• 5Y*: 58.49%
• 10Y*: —

SIEGY

• 1D: 0.66%
• 1M: -1.90%
• YTD: 12.35%
• 6M: 15.52%
• 1Y: 25.84%
• 3Y*: 24.82%
• 5Y*: 15.96%
• 10Y*: 15.70%

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

BE vs. SIEGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BE Bloom Energy Corporation	191.83%	291.22%	50.07%	-22.59%	-12.81%	-23.48%	283.67%	-25.15%	-60.08%
SIEGY Siemens Aktiengesellschaft	12.35%	48.14%	6.32%	39.98%	-18.92%	22.99%	23.99%	19.10%	-19.60%

Correlation

The correlation between BE and SIEGY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018	0.30

The correlation between BE and SIEGY shifts across timeframes, from 0.20 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BE : $81.07B SIEGY : $242.00B
EPS BE : $0.02 SIEGY : $4.91
PE Ratio BE : 11.04K SIEGY : 31.36
PS Ratio BE : 27.20 SIEGY : 3.04
PB Ratio BE : 87.98 SIEGY : 3.75
Total Revenue (TTM) BE : $2.45B SIEGY : $80.02B
Gross Profit (TTM) BE : $761.91M SIEGY : $31.09B
EBITDA (TTM) BE : $88.83M SIEGY : $14.55B

Return for Risk

BE vs. SIEGY — Risk / Return Rank

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

BE

BE Risk / Return Rank: 99
BE Sharpe Ratio Rank: 100
BE Sortino Ratio Rank: 98
BE Omega Ratio Rank: 96
BE Calmar Ratio Rank: 99
BE Martin Ratio Rank: 100

SIEGY

SIEGY Risk / Return Rank: 65
SIEGY Sharpe Ratio Rank: 68
SIEGY Sortino Ratio Rank: 61
SIEGY Omega Ratio Rank: 60
SIEGY Calmar Ratio Rank: 65
SIEGY Martin Ratio Rank: 71

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.

BE vs. SIEGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and Siemens Aktiengesellschaft (SIEGY). 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.

	BE	SIEGY	Difference
Sharpe ratio: Return per unit of total volatility	10.06	0.80	+9.26
Sortino ratio: Return per unit of downside risk	4.94	1.25	+3.68
Omega ratio: Gain probability vs. loss probability	1.62	1.16	+0.47
Calmar ratio: Return relative to maximum drawdown	23.42	1.12	+22.30
Martin ratio: Return relative to average drawdown	73.60	3.65	+69.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BE vs. SIEGY - Sharpe Ratio Comparison

The current BE Sharpe Ratio is 10.06, which is higher than the SIEGY Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of BE and SIEGY, 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

	BE	SIEGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	10.06	0.80	+9.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.51	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.41	-0.05

Drawdowns

BE vs. SIEGY - Drawdown Comparison

The maximum BE drawdown since its inception was -92.54%, which is greater than SIEGY's maximum drawdown of -54.15%. Use the drawdown chart below to compare losses from any high point for BE and SIEGY.

Drawdown Indicators

	BE	SIEGY	Difference
Max Drawdown Largest peak-to-trough decline	-92.54%	-54.15%	-38.39%
Max Drawdown (1Y) Largest decline over 1 year	-45.94%	-23.23%	-22.71%
Max Drawdown (3Y) Largest decline over 3 years	-53.42%	-29.91%	-23.51%
Max Drawdown (5Y) Largest decline over 5 years	-75.87%	-46.02%	-29.85%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.15%	—
Current Drawdown Current decline from peak	-17.64%	-4.81%	-12.83%
Average Drawdown Average peak-to-trough decline	-52.00%	-12.84%	-39.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.59%	7.10%	+7.49%

Volatility

BE vs. SIEGY - Volatility Comparison

Bloom Energy Corporation (BE) has a higher volatility of 26.19% compared to Siemens Aktiengesellschaft (SIEGY) at 9.22%. This indicates that BE's price experiences larger fluctuations and is considered to be riskier than SIEGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BE	SIEGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.19%	9.22%	+16.97%
Volatility (6M) Calculated over the trailing 6-month period	75.40%	25.87%	+49.53%
Volatility (1Y) Calculated over the trailing 1-year period	107.17%	32.64%	+74.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.83%	31.69%	+54.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.94%	29.57%	+65.37%

Dividends

BE vs. SIEGY - Dividend Comparison

BE has not paid dividends to shareholders, while SIEGY's dividend yield for the trailing twelve months is around 2.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BE Bloom Energy Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SIEGY Siemens Aktiengesellschaft	2.06%	1.94%	2.64%	2.43%	2.42%	1.81%	10.83%	2.44%	2.86%	6.82%	5.76%	2.87%

Financials

BE vs. SIEGY - Profitability Comparison

The chart below illustrates the profitability comparison between Bloom Energy Corporation and Siemens Aktiengesellschaft over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported a gross profit of 225.54M and revenue of 751.05M. Therefore, the gross margin over that period was 30.0%.

SIEGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Siemens Aktiengesellschaft reported a gross profit of 7.81B and revenue of 20.08B. Therefore, the gross margin over that period was 38.9%.

BE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported an operating income of 72.19M and revenue of 751.05M, resulting in an operating margin of 9.6%.

SIEGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Siemens Aktiengesellschaft reported an operating income of 2.51B and revenue of 20.08B, resulting in an operating margin of 12.5%.

BE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bloom Energy Corporation reported a net income of 70.65M and revenue of 751.05M, resulting in a net margin of 9.4%.

SIEGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Siemens Aktiengesellschaft reported a net income of 2.06B and revenue of 20.08B, resulting in a net margin of 10.3%.

Frequently Asked Questions

Can I hold both BE and SIEGY in my portfolio?

BE and SIEGY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BE or SIEGY?

BE has higher volatility (26.19%) compared to SIEGY (9.22%). In terms of maximum drawdown, BE dropped -92.54% vs SIEGY's -54.15%.

Which has better risk-adjusted returns?

BE currently has the higher Sharpe Ratio (10.06 vs 0.80), 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.