GE vs. NOG
GE (General Electric Company) and NOG (Northern Oil and Gas, Inc.) are both stocks. GE operates in Specialty Industrial Machinery (Industrials), while NOG operates in Oil & Gas E&P (Energy). Over the past 10 years, GE returned 10.10%/yr vs -5.15%/yr for NOG. At a 0.29 correlation, their price movements are largely independent.
Performance
GE vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, GE achieves a 8.19% return, which is significantly higher than NOG's -3.48% return. Over the past 10 years, GE has outperformed NOG with an annualized return of 10.10%, while NOG has yielded a comparatively lower -5.15% annualized return.
GE
- 1D
- 4.41%
- 1M
- 11.87%
- YTD
- 8.19%
- 6M
- 15.67%
- 1Y
- 36.25%
- 3Y*
- 58.57%
- 5Y*
- 37.93%
- 10Y*
- 10.10%
NOG
- 1D
- -4.36%
- 1M
- -14.45%
- YTD
- -3.48%
- 6M
- -9.31%
- 1Y
- -29.75%
- 3Y*
- -9.64%
- 5Y*
- 5.51%
- 10Y*
- -5.15%
GE vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 8.19% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | -2.73% | 54.00% | -55.39% | -42.92% |
NOG Northern Oil and Gas, Inc. | -3.48% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
Correlation
The correlation between GE and NOG is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2007 | 0.29 |
The correlation between GE and NOG shifts across timeframes, from -0.13 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GE:
$349.13B
NOG:
$2.01B
GE:
$8.15
NOG:
-$6.32
GE:
7.31
NOG:
1.32
GE:
19.33
NOG:
1.13
GE:
$48.35B
NOG:
$1.52B
GE:
$16.84B
NOG:
$450.66M
GE:
$11.01B
NOG:
$73.21M
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Return for Risk
GE vs. NOG — Risk / Return Rank
GE
NOG
GE vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) and Northern Oil and Gas, Inc. (NOG). 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.
| GE | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.91 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.87 | +2.62 |
| Martin ratioReturn relative to average drawdown | 4.72 | -1.43 | +6.14 |
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Drawdowns
GE vs. NOG - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for GE and NOG.
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Drawdown Indicators
| GE | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.53% | -98.96% | +13.43% |
Max Drawdown (1Y)Largest decline over 1 year | -20.85% | -34.26% | +13.41% |
Max Drawdown (3Y)Largest decline over 3 years | -21.36% | -51.36% | +30.00% |
Max Drawdown (5Y)Largest decline over 5 years | -44.94% | -51.36% | +6.42% |
Max Drawdown (10Y)Largest decline over 10 years | -81.18% | -93.06% | +11.88% |
Current DrawdownCurrent decline from peak | -3.61% | -92.31% | +88.70% |
Average DrawdownAverage peak-to-trough decline | -25.79% | -69.73% | +43.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 20.88% | -13.16% |
Volatility
GE vs. NOG - Volatility Comparison
The current volatility for General Electric Company (GE) is 11.12%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 13.29%. This indicates that GE experiences smaller price fluctuations and is considered to be less risky than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GE | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.12% | 13.29% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 27.28% | 31.99% | -4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.66% | 44.90% | -13.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.14% | 49.16% | -18.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.37% | 70.62% | -34.25% |
Dividends
GE vs. NOG - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.47%, less than NOG's 8.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.47% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
NOG Northern Oil and Gas, Inc. | 8.81% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GE vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between General Electric Company and Northern Oil and Gas, Inc.. 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
Frequently Asked Questions
GE and NOG have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (13.29%) compared to GE (11.12%). In terms of maximum drawdown, GE dropped -85.53% vs NOG's -98.96%.
GE currently has the higher Sharpe Ratio (1.15 vs -0.67), 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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