GEV vs. CMDY

Last updated Jun 4, 2026

GEV (GE Vernova Inc.) is a stock, while CMDY (iShares Bloomberg Roll Select Commodity Strategy ETF) is Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. Over the past year, GEV returned 95.04% vs 37.10% for CMDY. At a 0.07 correlation, their price movements are largely independent.

Performance

GEV vs. CMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GE Vernova Inc. (GEV) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEV achieves a 46.98% return, which is significantly higher than CMDY's 25.44% return.

GEV

• 1D: -1.06%
• 1M: -10.67%
• YTD: 46.98%
• 6M: 59.58%
• 1Y: 95.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMDY

• 1D: 0.02%
• 1M: -2.52%
• YTD: 25.44%
• 6M: 24.53%
• 1Y: 37.10%
• 3Y*: 15.48%
• 5Y*: 10.71%
• 10Y*: —

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

GEV vs. CMDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GEV GE Vernova Inc.	46.98%	99.02%	150.80%
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	25.44%	15.81%	4.57%

Correlation

The correlation between GEV and CMDY is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.07

The correlation between GEV and CMDY shifts across timeframes, from -0.05 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GEV vs. CMDY — Risk / Return Rank

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

GEV

GEV Risk / Return Rank: 87
GEV Sharpe Ratio Rank: 87
GEV Sortino Ratio Rank: 85
GEV Omega Ratio Rank: 83
GEV Calmar Ratio Rank: 92
GEV Martin Ratio Rank: 90

CMDY

CMDY Risk / Return Rank: 72
CMDY Sharpe Ratio Rank: 69
CMDY Sortino Ratio Rank: 61
CMDY Omega Ratio Rank: 69
CMDY Calmar Ratio Rank: 86
CMDY Martin Ratio Rank: 75

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.

GEV vs. CMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). 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.

	GEV	CMDY	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.32	-0.35
Sortino ratio: Return per unit of downside risk	2.75	2.93	-0.18
Omega ratio: Gain probability vs. loss probability	1.34	1.42	-0.08
Calmar ratio: Return relative to maximum drawdown	5.46	4.82	+0.64
Martin ratio: Return relative to average drawdown	12.49	14.50	-2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GEV vs. CMDY - Sharpe Ratio Comparison

The current GEV Sharpe Ratio is 1.97, which is comparable to the CMDY Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of GEV and CMDY, 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

	GEV	CMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	2.32	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.85	0.56	+2.29

Drawdowns

GEV vs. CMDY - Drawdown Comparison

The maximum GEV drawdown since its inception was -38.29%, which is greater than CMDY's maximum drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for GEV and CMDY.

Drawdown Indicators

	GEV	CMDY	Difference
Max Drawdown Largest peak-to-trough decline	-38.29%	-31.19%	-7.10%
Max Drawdown (1Y) Largest decline over 1 year	-17.51%	-7.73%	-9.78%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.56%	—
Current Drawdown Current decline from peak	-16.54%	-3.97%	-12.57%
Average Drawdown Average peak-to-trough decline	-6.84%	-13.14%	+6.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	2.57%	+5.07%

Volatility

GEV vs. CMDY - Volatility Comparison

GE Vernova Inc. (GEV) has a higher volatility of 12.57% compared to iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) at 5.04%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than CMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEV	CMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.57%	5.04%	+7.53%
Volatility (6M) Calculated over the trailing 6-month period	36.64%	14.20%	+22.44%
Volatility (1Y) Calculated over the trailing 1-year period	48.57%	16.06%	+32.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.85%	15.80%	+37.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.85%	14.63%	+38.22%

Dividends

GEV vs. CMDY - Dividend Comparison

GEV's dividend yield for the trailing twelve months is around 0.16%, less than CMDY's 10.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	10.28%	12.89%	4.23%	5.10%	3.98%	16.09%	0.15%	2.21%	1.73%
GEV GE Vernova Inc.	0.16%	0.11%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GEV and CMDY in my portfolio?

GEV and CMDY have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEV or CMDY?

GEV has higher volatility (12.57%) compared to CMDY (5.04%). In terms of maximum drawdown, GEV dropped -38.29% vs CMDY's -31.19%.

Which has better risk-adjusted returns?

CMDY currently has the higher Sharpe Ratio (2.32 vs 1.97), 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.