GEV vs. NA.TO
GEV (GE Vernova Inc.) and NA.TO (National Bank of Canada) are both stocks. GEV operates in Specialty Industrial Machinery (Industrials), while NA.TO operates in Banks - Diversified (Financial Services). Over the past year, GEV returned 93.31% vs 56.62% for NA.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
GEV vs. NA.TO - Performance Comparison
Loading charts...
Different Trading Currencies
GEV is traded in USD, while NA.TO is traded in CAD. To make them comparable, the NA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GEV achieves a 44.12% return, which is significantly higher than NA.TO's 19.91% return.
GEV
- 1D
- 3.74%
- 1M
- -11.47%
- YTD
- 44.12%
- 6M
- 40.23%
- 1Y
- 93.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NA.TO
- 1D
- 0.39%
- 1M
- 0.46%
- YTD
- 19.91%
- 6M
- 21.47%
- 1Y
- 56.62%
- 3Y*
- 31.79%
- 5Y*
- 19.01%
- 10Y*
- 20.44%
GEV vs. NA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GEV GE Vernova Inc. | 44.12% | 99.02% | 186.24% |
NA.TO National Bank of Canada | 19.84% | 42.66% | 13.20% |
Correlation
The correlation between GEV and NA.TO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.17 |
Fundamentals
GEV:
$255.86B
NA.TO:
CA$82.13B
GEV:
$34.12
NA.TO:
CA$11.69
GEV:
27.57
NA.TO:
17.95
GEV:
0.13
NA.TO:
5.02
GEV:
6.56
NA.TO:
3.03
GEV:
18.38
NA.TO:
2.65
GEV:
$39.38B
NA.TO:
CA$27.33B
GEV:
$7.85B
NA.TO:
CA$14.01B
GEV:
$3.32B
NA.TO:
CA$6.37B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GEV vs. NA.TO — Risk / Return Rank
GEV
NA.TO
GEV vs. NA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and National Bank of Canada (NA.TO). 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 | NA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.61 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 5.84 | -2.02 |
| Martin ratioReturn relative to average drawdown | 11.27 | 19.63 | -8.36 |
Loading charts...
Drawdowns
GEV vs. NA.TO - Drawdown Comparison
The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum NA.TO drawdown of -60.25%. Use the drawdown chart below to compare losses from any high point for GEV and NA.TO.
Loading charts...
Drawdown Indicators
| GEV | NA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -60.25% | +21.96% |
Max Drawdown (1Y)Largest decline over 1 year | -24.57% | -9.74% | -14.83% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.59% | — |
Current DrawdownCurrent decline from peak | -18.17% | -2.92% | -15.25% |
Average DrawdownAverage peak-to-trough decline | -6.99% | -9.09% | +2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.31% | 2.89% | +5.42% |
Volatility
GEV vs. NA.TO - Volatility Comparison
GE Vernova Inc. (GEV) has a higher volatility of 13.17% compared to National Bank of Canada (NA.TO) at 5.98%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than NA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GEV | NA.TO | 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% | 14.12% | +20.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.09% | 16.79% | +32.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.62% | 18.83% | +34.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.62% | 22.22% | +31.40% |
Dividends
GEV vs. NA.TO - Dividend Comparison
GEV's dividend yield for the trailing twelve months is around 0.16%, less than NA.TO's 2.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NA.TO National Bank of Canada | 2.31% | 2.75% | 3.36% | 4.03% | 4.03% | 3.11% | 3.96% | 3.77% | 4.44% | 3.70% | 4.03% | 5.16% |
Financials
GEV vs. NA.TO - Financials Comparison
This section allows you to compare key financial metrics between GE Vernova Inc. and National Bank of Canada. 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. NA.TO - 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%.
NA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a gross profit of 3.66B and revenue of 8.07B. Therefore, the gross margin over that period was 45.4%.
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%.
NA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported an operating income of 1.62B and revenue of 8.07B, resulting in an operating margin of 20.0%.
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%.
NA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a net income of 1.23B and revenue of 8.07B, resulting in a net margin of 15.3%.
Frequently Asked Questions
GEV and NA.TO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for GEV and NA.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer