CIG vs. GM
CIG (Companhia Energética de Minas Gerais) and GM (General Motors Company) are both stocks. CIG operates in Utilities - Diversified (Utilities), while GM operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, CIG returned 14.98%/yr vs 11.75%/yr for GM. At a 0.23 correlation, their price movements are largely independent.
Performance
CIG vs. GM - Performance Comparison
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Returns By Period
In the year-to-date period, CIG achieves a 13.16% return, which is significantly higher than GM's -5.23% return. Over the past 10 years, CIG has outperformed GM with an annualized return of 14.98%, while GM has yielded a comparatively lower 11.75% annualized return.
CIG
- 1D
- -3.18%
- 1M
- 4.07%
- 6M
- 13.73%
- YTD
- 13.16%
- 1Y
- 24.44%
- 3Y*
- 13.82%
- 5Y*
- 27.46%
- 10Y*
- 14.98%
GM
- 1D
- -1.45%
- 1M
- -5.87%
- 6M
- -7.03%
- YTD
- -5.23%
- 1Y
- 45.01%
- 3Y*
- 25.53%
- 5Y*
- 6.61%
- 10Y*
- 11.75%
CIG vs. GM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 13.16% | 28.04% | 9.38% | 20.62% | 60.40% | -6.09% | -7.92% | -1.14% | 84.56% | -8.17% |
GM General Motors Company | -5.23% | 54.24% | 49.84% | 7.92% | -42.36% | 40.80% | 15.16% | 14.02% | -15.06% | 22.51% |
Correlation
The correlation between CIG and GM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2010 | 0.23 |
Fundamentals
CIG:
$6.09B
GM:
$69.18B
CIG:
R$1.69
GM:
$2.71
CIG:
6.42
GM:
28.34
CIG:
0.72
GM:
0.39
CIG:
1.09
GM:
1.13
CIG:
R$43.35B
GM:
$184.62B
CIG:
R$6.06B
GM:
$11.25B
CIG:
R$6.81B
GM:
$13.56B
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Return for Risk
CIG vs. GM — Risk / Return Rank
CIG
GM
CIG vs. GM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia Energética de Minas Gerais (CIG) and General Motors Company (GM). 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.
| CIG | GM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.27 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 2.83 | -1.79 |
| Martin ratioReturn relative to average drawdown | 2.52 | 6.49 | -3.97 |
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Drawdowns
CIG vs. GM - Drawdown Comparison
The maximum CIG drawdown since its inception was -88.84%, which is greater than GM's maximum drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for CIG and GM.
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Drawdown Indicators
| CIG | GM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.84% | -59.96% | -28.88% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -16.00% | -7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -33.19% | +9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | -58.96% | +32.96% |
Max Drawdown (10Y)Largest decline over 10 years | -65.73% | -59.96% | -5.77% |
Current DrawdownCurrent decline from peak | -18.62% | -10.78% | -7.84% |
Average DrawdownAverage peak-to-trough decline | -41.56% | -21.45% | -20.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.77% | 6.96% | +2.81% |
Volatility
CIG vs. GM - Volatility Comparison
Companhia Energética de Minas Gerais (CIG) and General Motors Company (GM) have volatilities of 8.02% and 7.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CIG | GM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 7.79% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 24.22% | -2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.23% | 34.84% | -4.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.50% | 36.66% | +0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.10% | 36.95% | +9.15% |
Dividends
CIG vs. GM - Dividend Comparison
CIG's dividend yield for the trailing twelve months is around 11.39%, more than GM's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 11.39% | 12.02% | 11.10% | 5.50% | 13.28% | 10.94% | 3.94% | 3.35% | 4.20% | 1.98% | 7.39% | 7.78% |
GM General Motors Company | 0.86% | 0.70% | 0.90% | 1.00% | 0.54% | 0.00% | 0.91% | 4.15% | 4.54% | 3.71% | 4.36% | 4.06% |
Financials
CIG vs. GM - Financials Comparison
This section allows you to compare key financial metrics between Companhia Energética de Minas Gerais and General Motors Company. 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
CIG vs. GM - Profitability Comparison
CIG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported a gross profit of 1.62B and revenue of 10.27B. Therefore, the gross margin over that period was 15.8%.
GM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, General Motors Company reported a gross profit of 5.00B and revenue of 43.62B. Therefore, the gross margin over that period was 11.5%.
CIG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported an operating income of 1.31B and revenue of 10.27B, resulting in an operating margin of 12.8%.
GM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, General Motors Company reported an operating income of 2.93B and revenue of 43.62B, resulting in an operating margin of 6.7%.
CIG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported a net income of 960.23M and revenue of 10.27B, resulting in a net margin of 9.4%.
GM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, General Motors Company reported a net income of 2.63B and revenue of 43.62B, resulting in a net margin of 6.0%.
Frequently Asked Questions
CIG and GM have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIG has higher volatility (8.02%) compared to GM (7.79%). In terms of maximum drawdown, CIG dropped -88.84% vs GM's -59.96%.
GM currently has the higher Sharpe Ratio (1.30 vs 0.81), 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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