GEV vs. ED
GEV (GE Vernova Inc.) and ED (Consolidated Edison, Inc.) are both stocks. GEV operates in Specialty Industrial Machinery (Industrials), while ED operates in Utilities - Regulated Electric (Utilities). Over the past year, GEV returned 93.31% vs 7.29% for ED. At a correlation of -0.11, they often move in opposite directions.
Performance
GEV vs. ED - Performance Comparison
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Returns By Period
In the year-to-date period, GEV achieves a 44.12% return, which is significantly higher than ED's 10.24% return.
GEV
- 1D
- 3.74%
- 1M
- -11.47%
- YTD
- 44.12%
- 6M
- 40.23%
- 1Y
- 93.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ED
- 1D
- 0.84%
- 1M
- 1.49%
- YTD
- 10.24%
- 6M
- 12.27%
- 1Y
- 7.29%
- 3Y*
- 9.08%
- 5Y*
- 10.68%
- 10Y*
- 7.01%
GEV vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GEV GE Vernova Inc. | 44.12% | 99.02% | 186.24% |
ED Consolidated Edison, Inc. | 10.24% | 15.15% | 4.65% |
Correlation
The correlation between GEV and ED 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 (All Time) Calculated using the full available price history since Mar 27, 2024 | -0.11 |
Fundamentals
GEV:
$255.86B
ED:
$39.26B
GEV:
$34.12
ED:
$5.94
GEV:
27.57
ED:
18.13
GEV:
0.13
ED:
1.29
GEV:
6.56
ED:
2.27
GEV:
18.38
ED:
1.67
GEV:
$39.38B
ED:
$17.22B
GEV:
$7.85B
ED:
$11.62B
GEV:
$3.32B
ED:
$8.47B
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Return for Risk
GEV vs. ED — Risk / Return Rank
GEV
ED
GEV vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and Consolidated Edison, Inc. (ED). 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 | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.08 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 0.76 | +3.06 |
| Martin ratioReturn relative to average drawdown | 11.27 | 1.59 | +9.68 |
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Drawdowns
GEV vs. ED - Drawdown Comparison
The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for GEV and ED.
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Drawdown Indicators
| GEV | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -78.90% | +40.61% |
Max Drawdown (1Y)Largest decline over 1 year | -24.57% | -9.63% | -14.94% |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.91% | — |
Current DrawdownCurrent decline from peak | -18.17% | -5.91% | -12.26% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -13.24% | +6.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.31% | 4.59% | +3.72% |
Volatility
GEV vs. ED - Volatility Comparison
GE Vernova Inc. (GEV) has a higher volatility of 13.17% compared to Consolidated Edison, Inc. (ED) at 5.98%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GEV | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.17% | 5.98% | +7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 12.27% | +22.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.09% | 16.65% | +32.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.62% | 18.79% | +34.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.62% | 21.01% | +32.61% |
Dividends
GEV vs. ED - Dividend Comparison
GEV's dividend yield for the trailing twelve months is around 0.16%, less than ED's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ED Consolidated Edison, Inc. | 3.23% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
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. ED - Financials Comparison
This section allows you to compare key financial metrics between GE Vernova Inc. and Consolidated Edison, 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
GEV vs. ED - Profitability Comparison
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%.
ED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a gross profit of 4.15B and revenue of 5.10B. Therefore, the gross margin over that period was 81.5%.
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%.
ED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported an operating income of 1.18B and revenue of 5.10B, resulting in an operating margin of 23.1%.
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%.
ED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a net income of 924.00M and revenue of 5.10B, resulting in a net margin of 18.1%.
Frequently Asked Questions
GEV and ED 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.
GEV has higher volatility (13.17%) compared to ED (5.98%). In terms of maximum drawdown, GEV dropped -38.29% vs ED's -78.90%.
GEV currently has the higher Sharpe Ratio (1.91 vs 0.44), 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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