MIELY vs. GEV

Last updated Jun 4, 2026

MIELY (Mitsubishi Electric Corp ADR) and GEV (GE Vernova Inc.) are both stocks. MIELY operates in Electrical Equipment & Parts (Industrials), while GEV operates in Utilities - Renewable (Utilities). Over the past year, MIELY returned 80.41% vs 95.04% for GEV. At a 0.19 correlation, their price movements are largely independent.

Performance

MIELY vs. GEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsubishi Electric Corp ADR (MIELY) and GE Vernova Inc. (GEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIELY achieves a 30.02% return, which is significantly lower than GEV's 46.98% return.

MIELY

• 1D: -1.33%
• 1M: -1.76%
• YTD: 30.02%
• 6M: 35.35%
• 1Y: 80.41%
• 3Y*: 40.88%
• 5Y*: 18.45%
• 10Y*: 12.69%

GEV

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

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

MIELY vs. GEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MIELY Mitsubishi Electric Corp ADR	30.02%	73.08%	1.40%
GEV GE Vernova Inc.	46.98%	99.02%	150.80%

Correlation

The correlation between MIELY and GEV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.19

Fundamentals

Market Cap MIELY : $75.88B GEV : $260.95B
EPS MIELY : $421.28 GEV : $34.12
PE Ratio MIELY : 0.18 GEV : 28.12
PEG Ratio MIELY : 0.01 GEV : 0.13
PS Ratio MIELY : 0.01 GEV : 6.69
PB Ratio MIELY : 0.02 GEV : 18.74
Total Revenue (TTM) MIELY : $5.95T GEV : $39.38B
Gross Profit (TTM) MIELY : $1.97T GEV : $7.85B
EBITDA (TTM) MIELY : $639.91B GEV : $3.32B

Return for Risk

MIELY vs. GEV — Risk / Return Rank

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

MIELY

MIELY Risk / Return Rank: 89
MIELY Sharpe Ratio Rank: 90
MIELY Sortino Ratio Rank: 88
MIELY Omega Ratio Rank: 86
MIELY Calmar Ratio Rank: 88
MIELY Martin Ratio Rank: 92

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

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.

MIELY vs. GEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Electric Corp ADR (MIELY) and GE Vernova Inc. (GEV). 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.

	MIELY	GEV	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.97	+0.24
Sortino ratio: Return per unit of downside risk	3.04	2.75	+0.29
Omega ratio: Gain probability vs. loss probability	1.37	1.34	+0.03
Calmar ratio: Return relative to maximum drawdown	4.24	5.46	-1.22
Martin ratio: Return relative to average drawdown	14.99	12.49	+2.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIELY vs. GEV - Sharpe Ratio Comparison

The current MIELY Sharpe Ratio is 2.21, which is comparable to the GEV Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of MIELY and GEV, 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

	MIELY	GEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	1.97	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	2.85	-2.88

Drawdowns

MIELY vs. GEV - Drawdown Comparison

The maximum MIELY drawdown since its inception was -89.09%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for MIELY and GEV.

Drawdown Indicators

	MIELY	GEV	Difference
Max Drawdown Largest peak-to-trough decline	-89.09%	-38.29%	-50.80%
Max Drawdown (1Y) Largest decline over 1 year	-19.08%	-17.51%	-1.57%
Max Drawdown (3Y) Largest decline over 3 years	-24.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.76%	—	—
Current Drawdown Current decline from peak	-38.33%	-16.54%	-21.79%
Average Drawdown Average peak-to-trough decline	-69.48%	-6.84%	-62.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	7.64%	-2.25%

Volatility

MIELY vs. GEV - Volatility Comparison

Mitsubishi Electric Corp ADR (MIELY) and GE Vernova Inc. (GEV) have volatilities of 12.80% and 12.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIELY	GEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.80%	12.57%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	29.82%	36.64%	-6.82%
Volatility (1Y) Calculated over the trailing 1-year period	36.63%	48.57%	-11.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.31%	52.85%	-21.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.07%	52.85%	-23.78%

Dividends

MIELY vs. GEV - Dividend Comparison

MIELY has not paid dividends to shareholders, while GEV's dividend yield for the trailing twelve months is around 0.16%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
MIELY Mitsubishi Electric Corp ADR	0.00%	0.72%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	1.76%

Financials

MIELY vs. GEV - Profitability Comparison

The chart below illustrates the profitability comparison between Mitsubishi Electric Corp ADR and GE Vernova Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MIELY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a gross profit of 569.69B and revenue of 1.77T. Therefore, the gross margin over that period was 32.2%.

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%.

MIELY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported an operating income of 161.29B and revenue of 1.77T, resulting in an operating margin of 9.1%.

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%.

MIELY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a net income of 132.06B and revenue of 1.77T, resulting in a net margin of 7.5%.

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%.

Frequently Asked Questions

Can I hold both MIELY and GEV in my portfolio?

MIELY and GEV have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MIELY or GEV?

MIELY has higher volatility (12.80%) compared to GEV (12.57%). In terms of maximum drawdown, MIELY dropped -89.09% vs GEV's -38.29%.

Which has better risk-adjusted returns?

MIELY currently has the higher Sharpe Ratio (2.21 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.