GEV vs. OLA.TO

Last updated Jun 13, 2026

GEV (GE Vernova Inc.) and OLA.TO (Orla Mining Ltd.) are both stocks. GEV operates in Specialty Industrial Machinery (Industrials), while OLA.TO operates in Gold (Basic Materials). Over the past year, GEV returned 93.31% vs -2.73% for OLA.TO. At a 0.21 correlation, their price movements are largely independent.

Performance

GEV vs. OLA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GE Vernova Inc. (GEV) and Orla Mining Ltd. (OLA.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GEV is traded in USD, while OLA.TO is traded in CAD. To make them comparable, the OLA.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 OLA.TO's -20.79% return.

GEV

• 1D: 3.74%
• 1M: -11.47%
• YTD: 44.12%
• 6M: 40.23%
• 1Y: 93.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OLA.TO

• 1D: 2.89%
• 1M: -26.70%
• YTD: -20.79%
• 6M: -18.29%
• 1Y: -2.73%
• 3Y*: 38.94%
• 5Y*: 18.27%
• 10Y*: —

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

GEV vs. OLA.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GEV GE Vernova Inc.	44.12%	99.02%	186.24%
OLA.TO Orla Mining Ltd.	-20.79%	143.00%	56.02%

Correlation

The correlation between GEV and OLA.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	0.21

Fundamentals

Market Cap GEV : $255.86B OLA.TO : CA$5.95B
EPS GEV : $34.12 OLA.TO : CA$0.82
PE Ratio GEV : 27.57 OLA.TO : 18.13
PEG Ratio GEV : 0.13 OLA.TO : 0.29
PS Ratio GEV : 6.56 OLA.TO : 3.56
PB Ratio GEV : 18.38 OLA.TO : 5.64
Total Revenue (TTM) GEV : $39.38B OLA.TO : CA$1.59B
Gross Profit (TTM) GEV : $7.85B OLA.TO : CA$848.41M
EBITDA (TTM) GEV : $3.32B OLA.TO : CA$966.01M

Return for Risk

GEV vs. OLA.TO — 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: 89
GEV Sortino Ratio Rank: 87
GEV Omega Ratio Rank: 84
GEV Calmar Ratio Rank: 89
GEV Martin Ratio Rank: 90

OLA.TO

OLA.TO Risk / Return Rank: 43
OLA.TO Sharpe Ratio Rank: 42
OLA.TO Sortino Ratio Rank: 44
OLA.TO Omega Ratio Rank: 44
OLA.TO Calmar Ratio Rank: 42
OLA.TO Martin Ratio Rank: 42

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. OLA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and Orla Mining Ltd. (OLA.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	OLA.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.91	-0.04	+1.95
Sortino ratio: Return per unit of downside risk	2.68	0.46	+2.21
Omega ratio: Gain probability vs. loss probability	1.33	1.06	+0.27
Calmar ratio: Return relative to maximum drawdown	3.82	-0.05	+3.87
Martin ratio: Return relative to average drawdown	11.27	-0.13	+11.40

GEV vs. OLA.TO - Sharpe Ratio Comparison

The current GEV Sharpe Ratio is 1.91, which is higher than the OLA.TO Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of GEV and OLA.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GEV vs. OLA.TO - Drawdown Comparison

The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum OLA.TO drawdown of -57.88%. Use the drawdown chart below to compare losses from any high point for GEV and OLA.TO.

Drawdown Indicators

	GEV	OLA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-38.29%	-57.88%	+19.59%
Max Drawdown (1Y) Largest decline over 1 year	-24.57%	-54.91%	+30.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-54.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-54.91%	—
Current Drawdown Current decline from peak	-18.17%	-50.87%	+32.70%
Average Drawdown Average peak-to-trough decline	-6.99%	-23.16%	+16.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.31%	21.68%	-13.37%

Volatility

GEV vs. OLA.TO - Volatility Comparison

The current volatility for GE Vernova Inc. (GEV) is 13.17%, while Orla Mining Ltd. (OLA.TO) has a volatility of 23.07%. This indicates that GEV experiences smaller price fluctuations and is considered to be less risky than OLA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEV	OLA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.17%	23.07%	-9.90%
Volatility (6M) Calculated over the trailing 6-month period	34.45%	51.52%	-17.07%
Volatility (1Y) Calculated over the trailing 1-year period	49.09%	73.18%	-24.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.62%	58.92%	-5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.62%	57.20%	-3.58%

Dividends

GEV vs. OLA.TO - Dividend Comparison

GEV's dividend yield for the trailing twelve months is around 0.16%, less than OLA.TO's 0.28% yield.

Position	TTM	2025	2024
GEV GE Vernova Inc.	0.16%	0.11%	0.08%
OLA.TO Orla Mining Ltd.	0.28%	0.00%	0.00%

Financials

GEV vs. OLA.TO - Profitability Comparison

The chart below illustrates the profitability comparison between GE Vernova Inc. and Orla Mining Ltd. 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%.

OLA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported a gross profit of 296.32M and revenue of 519.71M. Therefore, the gross margin over that period was 57.0%.

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%.

OLA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported an operating income of 274.55M and revenue of 519.71M, resulting in an operating margin of 52.8%.

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%.

OLA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported a net income of 103.43M and revenue of 519.71M, resulting in a net margin of 19.9%.

Frequently Asked Questions

Can I hold both GEV and OLA.TO in my portfolio?

GEV and OLA.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.