GEV vs. CNI

Last updated Jun 9, 2026

GEV (GE Vernova Inc.) and CNI (Canadian National Railway Company) are both stocks. Both are in the Industrials sector — GEV in Specialty Industrial Machinery, CNI in Railroads. Over the past year, GEV returned 92.97% vs 18.14% for CNI. At a 0.17 correlation, their price movements are largely independent.

Performance

GEV vs. CNI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GE Vernova Inc. (GEV) and Canadian National Railway Company (CNI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEV achieves a 43.08% return, which is significantly higher than CNI's 22.98% return.

GEV

• 1D: 0.03%
• 1M: -10.22%
• YTD: 43.08%
• 6M: 50.36%
• 1Y: 92.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNI

• 1D: 0.36%
• 1M: 8.21%
• YTD: 22.98%
• 6M: 24.55%
• 1Y: 18.14%
• 3Y*: 4.05%
• 5Y*: 3.84%
• 10Y*: 9.46%

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

GEV vs. CNI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GEV GE Vernova Inc.	43.08%	99.02%	186.24%
CNI Canadian National Railway Company	22.98%	-0.10%	-20.77%

Correlation

The correlation between GEV and CNI is 0.08, 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	0.08
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024	0.17

Fundamentals

Market Cap GEV : $254.01B CNI : $73.92B
EPS GEV : $34.12 CNI : $7.60
PE Ratio GEV : 27.37 CNI : 15.90
PS Ratio GEV : 6.52 CNI : 4.33
PB Ratio GEV : 18.25 CNI : 3.44
Total Revenue (TTM) GEV : $39.38B CNI : $17.29B
Gross Profit (TTM) GEV : $7.85B CNI : $7.64B
EBITDA (TTM) GEV : $3.32B CNI : $8.60B

Return for Risk

GEV vs. CNI — Risk / Return Rank

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

GEV

GEV Risk / Return Rank: 88
GEV Sharpe Ratio Rank: 88
GEV Sortino Ratio Rank: 86
GEV Omega Ratio Rank: 83
GEV Calmar Ratio Rank: 92
GEV Martin Ratio Rank: 90

CNI

CNI Risk / Return Rank: 64
CNI Sharpe Ratio Rank: 69
CNI Sortino Ratio Rank: 60
CNI Omega Ratio Rank: 61
CNI Calmar Ratio Rank: 67
CNI Martin Ratio Rank: 64

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. CNI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and Canadian National Railway Company (CNI). 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	CNI	Difference
Sharpe ratio: Return per unit of total volatility	1.92	0.83	+1.09
Sortino ratio: Return per unit of downside risk	2.70	1.21	+1.49
Omega ratio: Gain probability vs. loss probability	1.33	1.16	+0.17
Calmar ratio: Return relative to maximum drawdown	4.98	1.29	+3.69
Martin ratio: Return relative to average drawdown	11.85	2.37	+9.48
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. CNI - Sharpe Ratio Comparison

The current GEV Sharpe Ratio is 1.92, which is higher than the CNI Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of GEV and CNI, 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	CNI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	0.83	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.17	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.77	0.59	+2.19

Drawdowns

GEV vs. CNI - Drawdown Comparison

The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum CNI drawdown of -46.66%. Use the drawdown chart below to compare losses from any high point for GEV and CNI.

Drawdown Indicators

	GEV	CNI	Difference
Max Drawdown Largest peak-to-trough decline	-38.29%	-46.66%	+8.37%
Max Drawdown (1Y) Largest decline over 1 year	-18.78%	-14.15%	-4.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.15%	—
Current Drawdown Current decline from peak	-18.76%	-4.61%	-14.15%
Average Drawdown Average peak-to-trough decline	-6.90%	-9.50%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	7.68%	+0.20%

Volatility

GEV vs. CNI - Volatility Comparison

GE Vernova Inc. (GEV) has a higher volatility of 10.55% compared to Canadian National Railway Company (CNI) at 4.06%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than CNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEV	CNI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.55%	4.06%	+6.49%
Volatility (6M) Calculated over the trailing 6-month period	36.38%	17.25%	+19.13%
Volatility (1Y) Calculated over the trailing 1-year period	48.74%	21.95%	+26.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.76%	22.38%	+30.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.76%	22.69%	+30.07%

Dividends

GEV vs. CNI - Dividend Comparison

GEV's dividend yield for the trailing twelve months is around 0.16%, less than CNI's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNI Canadian National Railway Company	2.16%	2.58%	2.43%	1.85%	1.41%	1.61%	1.59%	1.79%	2.01%	2.00%	2.23%	2.24%
GEV GE Vernova Inc.	0.16%	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. CNI - Profitability Comparison

The chart below illustrates the profitability comparison between GE Vernova Inc. and Canadian National Railway Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GEV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

CNI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a gross profit of 1.88B and revenue of 4.39B. Therefore, the gross margin over that period was 42.8%.

GEV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.

CNI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported an operating income of 1.55B and revenue of 4.39B, resulting in an operating margin of 35.4%.

GEV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.

CNI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian National Railway Company reported a net income of 1.15B and revenue of 4.39B, resulting in a net margin of 26.2%.

Frequently Asked Questions

Can I hold both GEV and CNI in my portfolio?

GEV and CNI have a correlation of 0.08, 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 CNI?

GEV has higher volatility (10.55%) compared to CNI (4.06%). In terms of maximum drawdown, GEV dropped -38.29% vs CNI's -46.66%.

Which has better risk-adjusted returns?

GEV currently has the higher Sharpe Ratio (1.92 vs 0.83), 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.