SAABY vs. GE
SAABY (Saab AB (publ)) and GE (General Electric Company) are both stocks. Both are in the Industrials sector — SAABY in Aerospace & Defense, GE in Specialty Industrial Machinery. Over the past 5 years, SAABY returned 48.80%/yr vs 40.97%/yr for GE. At a 0.08 correlation, their price movements are largely independent.
Performance
SAABY vs. GE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SAABY achieves a -10.54% return, which is significantly lower than GE's 15.89% return.
SAABY
- 1D
- -0.89%
- 1M
- -8.22%
- YTD
- -10.54%
- 6M
- -10.32%
- 1Y
- 2.83%
- 3Y*
- 56.79%
- 5Y*
- 48.80%
- 10Y*
- —
GE
- 1D
- 0.38%
- 1M
- 17.71%
- YTD
- 15.89%
- 6M
- 13.27%
- 1Y
- 44.61%
- 3Y*
- 63.52%
- 5Y*
- 40.97%
- 10Y*
- 10.78%
SAABY vs. GE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -10.54% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
GE General Electric Company | 15.89% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | 56.48% |
Correlation
The correlation between SAABY and GE 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 (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.08 |
The correlation between SAABY and GE shifts across timeframes, from 0.08 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SAABY:
$28.01B
GE:
$374.00B
SAABY:
SEK 5.98
GE:
$8.15
SAABY:
41.66
GE:
43.73
SAABY:
1.27
GE:
0.01
SAABY:
3.27
GE:
7.83
SAABY:
6.04
GE:
20.71
SAABY:
SEK 82.29B
GE:
$48.35B
SAABY:
SEK 17.87B
GE:
$16.84B
SAABY:
SEK 9.44B
GE:
$11.01B
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
SAABY vs. GE — Risk / Return Rank
SAABY
GE
SAABY vs. GE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and General Electric Company (GE). 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.
| SAABY | GE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.25 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 2.15 | -2.07 |
| Martin ratioReturn relative to average drawdown | 0.18 | 5.81 | -5.63 |
Loading charts...
Drawdowns
SAABY vs. GE - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum GE drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for SAABY and GE.
Loading charts...
Drawdown Indicators
| SAABY | GE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -85.53% | +32.78% |
Max Drawdown (1Y)Largest decline over 1 year | -37.04% | -20.85% | -16.19% |
Max Drawdown (3Y)Largest decline over 3 years | -37.04% | -21.36% | -15.68% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -44.94% | +7.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.18% | — |
Current DrawdownCurrent decline from peak | -36.16% | -0.33% | -35.83% |
Average DrawdownAverage peak-to-trough decline | -17.03% | -25.77% | +8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.94% | 7.70% | +8.24% |
Volatility
SAABY vs. GE - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 14.28% compared to General Electric Company (GE) at 9.33%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SAABY | GE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.28% | 9.33% | +4.95% |
Volatility (6M)Calculated over the trailing 6-month period | 32.90% | 26.93% | +5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.81% | 31.69% | +16.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.13% | 31.09% | +16.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.41% | 36.38% | +21.03% |
Dividends
SAABY vs. GE - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.46%, more than GE's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.43% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
SAABY Saab AB (publ) | 0.46% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SAABY vs. GE - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and General Electric Company. 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
SAABY vs. GE - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
GE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a gross profit of 3.85B and revenue of 12.39B. Therefore, the gross margin over that period was 31.0%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
GE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported an operating income of 1.70B and revenue of 12.39B, resulting in an operating margin of 13.7%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
GE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a net income of 1.94B and revenue of 12.39B, resulting in a net margin of 15.6%.
Frequently Asked Questions
SAABY and GE 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.
SAABY has higher volatility (14.28%) compared to GE (9.33%). In terms of maximum drawdown, SAABY dropped -52.75% vs GE's -85.53%.
GE currently has the higher Sharpe Ratio (1.42 vs 0.06), 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.
Find the right allocation for SAABY and GE
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