GEV vs. ASML
GEV (GE Vernova Inc.) and ASML (ASML Holding N.V.) are both stocks. GEV operates in Specialty Industrial Machinery (Industrials), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past year, GEV returned 88.32% vs 138.60% for ASML. At a 0.40 correlation, their price movements are largely independent.
Performance
GEV vs. ASML - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GEV having a 65.43% return and ASML slightly lower at 63.12%.
GEV
- 1D
- 2.02%
- 1M
- -2.75%
- 6M
- 58.52%
- YTD
- 65.43%
- 1Y
- 88.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 163.70%
ASML
- 1D
- -0.49%
- 1M
- -9.88%
- 6M
- 28.45%
- YTD
- 63.12%
- 1Y
- 138.60%
- 3Y*
- 37.24%
- 5Y*
- 20.47%
- 10Y*
- 33.59%
- ALL TIME*
- 27.03%
GEV vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GEV GE Vernova Inc. | 65.43% | 99.02% | 186.24% |
ASML ASML Holding N.V. | 63.12% | 56.51% | -28.20% |
Correlation
The correlation between GEV and ASML is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.40 |
Fundamentals
GEV:
$290.00B
ASML:
$670.25B
GEV:
$34.17
ASML:
€27.54
GEV:
31.58
ASML:
55.22
GEV:
0.15
ASML:
3.63
GEV:
7.52
ASML:
16.63
GEV:
21.08
ASML:
26.82
GEV:
$39.38B
ASML:
€35.33B
GEV:
$7.85B
ASML:
€18.63B
GEV:
$3.32B
ASML:
€13.77B
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Return for Risk
GEV vs. ASML — Risk / Return Rank
GEV
ASML
GEV vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and ASML Holding N.V. (ASML). 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.
| GEV | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.42 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 7.81 | -4.19 |
| Martin ratioReturn relative to average drawdown | 10.19 | 24.29 | -14.11 |
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Drawdowns
GEV vs. ASML - Drawdown Comparison
The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for GEV and ASML.
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Drawdown Indicators
| GEV | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -90.00% | +51.71% |
Max Drawdown (1Y)Largest decline over 1 year | -24.57% | -17.85% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.38% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.84% | — |
Current DrawdownCurrent decline from peak | -8.14% | -12.59% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -28.06% | +21.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.70% | 5.75% | +2.95% |
Volatility
GEV vs. ASML - Volatility Comparison
GE Vernova Inc. (GEV) and ASML Holding N.V. (ASML) have volatilities of 18.23% and 17.75%, 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
| GEV | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.23% | 17.75% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 35.99% | 36.22% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.15% | 45.08% | +7.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.00% | 43.09% | +10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.00% | 39.00% | +15.00% |
Dividends
GEV vs. ASML - Dividend Comparison
GEV's dividend yield for the trailing twelve months is around 0.19%, less than ASML's 0.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 0.51% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
GEV GE Vernova Inc. | 0.19% | 0.11% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GEV vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between GE Vernova Inc. and ASML Holding N.V.. 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
GEV vs. ASML - Profitability Comparison
GEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, GE Vernova Inc. reported a gross profit of 1.78B and revenue of 9.34B. Therefore, the gross margin over that period was 19.1%.
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported a gross profit of 5.04B and revenue of 9.33B. Therefore, the gross margin over that period was 54.0%.
GEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported an operating income of 3.46B and revenue of 9.33B, resulting in an operating margin of 37.1%.
GEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, ASML Holding N.V. reported a net income of 2.92B and revenue of 9.33B, resulting in a net margin of 31.3%.
Frequently Asked Questions
GEV and ASML have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEV has higher volatility (18.23%) compared to ASML (17.75%). In terms of maximum drawdown, GEV dropped -38.29% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.10 vs 1.71), 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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