RELY vs. GEV
RELY (Remitly Global, Inc.) and GEV (GE Vernova Inc.) are both stocks. RELY operates in Software - Infrastructure (Technology), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, RELY returned 4.82% vs 128.51% for GEV. At a 0.19 correlation, their price movements are largely independent.
Performance
RELY vs. GEV - Performance Comparison
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Returns By Period
In the year-to-date period, RELY achieves a 52.90% return, which is significantly lower than GEV's 70.11% return.
RELY
- 1D
- 3.28%
- 1M
- -2.22%
- YTD
- 52.90%
- 6M
- 44.32%
- 1Y
- 4.82%
- 3Y*
- 4.00%
- 5Y*
- —
- 10Y*
- —
GEV
- 1D
- 5.80%
- 1M
- 6.89%
- YTD
- 70.11%
- 6M
- 68.89%
- 1Y
- 128.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RELY vs. GEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RELY Remitly Global, Inc. | 52.90% | -38.86% | 8.41% |
GEV GE Vernova Inc. | 70.11% | 99.02% | 186.24% |
Correlation
The correlation between RELY and GEV is 0.09, 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 | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.19 |
Fundamentals
RELY:
$4.58B
GEV:
$301.85B
RELY:
$0.49
GEV:
$34.12
RELY:
43.39
GEV:
32.52
RELY:
0.23
GEV:
0.15
RELY:
2.65
GEV:
7.74
RELY:
5.05
GEV:
21.68
RELY:
$1.73B
GEV:
$39.38B
RELY:
$753.03M
GEV:
$7.85B
RELY:
$142.85M
GEV:
$3.32B
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Return for Risk
RELY vs. GEV — Risk / Return Rank
RELY
GEV
RELY vs. GEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) 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.
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.
| RELY | GEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.51 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.40 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 5.20 | -5.13 |
| Martin ratioReturn relative to average drawdown | 0.12 | 15.12 | -15.00 |
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Drawdowns
RELY vs. GEV - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for RELY and GEV.
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Drawdown Indicators
| RELY | GEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -38.29% | -48.70% |
Max Drawdown (1Y)Largest decline over 1 year | -40.08% | -24.57% | -15.51% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | — | — |
Current DrawdownCurrent decline from peak | -60.11% | -3.41% | -56.70% |
Average DrawdownAverage peak-to-trough decline | -67.40% | -7.01% | -60.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.92% | 8.43% | +14.49% |
Volatility
RELY vs. GEV - Volatility Comparison
The current volatility for Remitly Global, Inc. (RELY) is 13.78%, while GE Vernova Inc. (GEV) has a volatility of 15.36%. This indicates that RELY experiences smaller price fluctuations and is considered to be less risky than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELY | GEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | 15.36% | -1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 37.91% | 35.12% | +2.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.49% | 49.87% | +5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.08% | 53.78% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.08% | 53.78% | +5.30% |
Dividends
RELY vs. GEV - Dividend Comparison
RELY has not paid dividends to shareholders, while GEV's dividend yield for the trailing twelve months is around 0.18%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GEV GE Vernova Inc. | 0.18% | 0.11% | 0.08% |
RELY Remitly Global, Inc. | 0.00% | 0.00% | 0.00% |
Financials
RELY vs. GEV - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and GE Vernova 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
RELY vs. GEV - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
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%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
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%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
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%.
Frequently Asked Questions
RELY and GEV have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEV has higher volatility (15.36%) compared to RELY (13.78%). In terms of maximum drawdown, RELY dropped -86.99% vs GEV's -38.29%.
GEV currently has the higher Sharpe Ratio (2.56 vs 0.05), 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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