SNDK vs. GEV

Last updated Jun 13, 2026

SNDK (Sandisk Corporation) and GEV (GE Vernova Inc.) are both stocks. SNDK operates in Computer Hardware (Technology), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, SNDK returned 4694.43% vs 93.31% for GEV. At a 0.32 correlation, their price movements are largely independent.

Performance

SNDK vs. GEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandisk Corporation (SNDK) 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, SNDK achieves a 734.15% return, which is significantly higher than GEV's 44.12% return.

SNDK

• 1D: 5.24%
• 1M: 36.82%
• YTD: 734.15%
• 6M: 860.37%
• 1Y: 4,694.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEV

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

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

SNDK vs. GEV - Yearly Performance Comparison

	2026 (YTD)	2025
SNDK Sandisk Corporation	734.15%	356.50%
GEV GE Vernova Inc.	44.12%	99.65%

Correlation

The correlation between SNDK and GEV is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Feb 24, 2025	0.32

Fundamentals

Market Cap SNDK : $310.88B GEV : $255.86B
EPS SNDK : $29.70 GEV : $34.12
PE Ratio SNDK : 66.67 GEV : 27.57
PS Ratio SNDK : 22.79 GEV : 6.56
PB Ratio SNDK : 22.56 GEV : 18.38
Total Revenue (TTM) SNDK : $13.18B GEV : $39.38B
Gross Profit (TTM) SNDK : $7.39B GEV : $7.85B
EBITDA (TTM) SNDK : $5.37B GEV : $3.32B

Return for Risk

SNDK vs. GEV — Risk / Return Rank

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

SNDK

SNDK Risk / Return Rank: 100
SNDK Sharpe Ratio Rank: 100
SNDK Sortino Ratio Rank: 99
SNDK Omega Ratio Rank: 99
SNDK Calmar Ratio Rank: 100
SNDK Martin Ratio Rank: 100

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

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.

SNDK vs. GEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandisk Corporation (SNDK) 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.

	SNDK	GEV	Difference
Sharpe ratio: Return per unit of total volatility	47.94	1.91	+46.03
Sortino ratio: Return per unit of downside risk	8.36	2.68	+5.68
Omega ratio: Gain probability vs. loss probability	2.16	1.33	+0.84
Calmar ratio: Return relative to maximum drawdown	152.17	3.82	+148.36
Martin ratio: Return relative to average drawdown	461.00	11.27	+449.73

SNDK vs. GEV - Sharpe Ratio Comparison

The current SNDK Sharpe Ratio is 47.94, which is higher than the GEV Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of SNDK 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.

Drawdowns

SNDK vs. GEV - Drawdown Comparison

The maximum SNDK drawdown since its inception was -47.50%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for SNDK and GEV.

Drawdown Indicators

	SNDK	GEV	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	-38.29%	-9.21%
Max Drawdown (1Y) Largest decline over 1 year	-31.34%	-24.57%	-6.77%
Current Drawdown Current decline from peak	0.00%	-18.17%	+18.17%
Average Drawdown Average peak-to-trough decline	-13.74%	-6.99%	-6.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.32%	8.31%	+2.01%

Volatility

SNDK vs. GEV - Volatility Comparison

Sandisk Corporation (SNDK) has a higher volatility of 26.68% compared to GE Vernova Inc. (GEV) at 13.17%. This indicates that SNDK's price experiences larger fluctuations and is considered to be riskier than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNDK	GEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.68%	13.17%	+13.51%
Volatility (6M) Calculated over the trailing 6-month period	71.96%	34.45%	+37.51%
Volatility (1Y) Calculated over the trailing 1-year period	99.48%	49.09%	+50.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.64%	53.62%	+44.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.64%	53.62%	+44.02%

Dividends

SNDK vs. GEV - Dividend Comparison

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

Position	TTM	2025	2024
GEV GE Vernova Inc.	0.16%	0.11%	0.08%
SNDK Sandisk Corporation	0.00%	0.00%	0.00%

Financials

SNDK vs. GEV - Profitability Comparison

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

SNDK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a gross profit of 4.66B and revenue of 5.95B. Therefore, the gross margin over that period was 78.4%.

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%.

SNDK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported an operating income of 4.11B and revenue of 5.95B, resulting in an operating margin of 69.1%.

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%.

SNDK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a net income of 3.62B and revenue of 5.95B, resulting in a net margin of 60.8%.

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

Can I hold both SNDK and GEV in my portfolio?

SNDK and GEV have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNDK or GEV?

SNDK has higher volatility (26.68%) compared to GEV (13.17%). In terms of maximum drawdown, SNDK dropped -47.50% vs GEV's -38.29%.

Which has better risk-adjusted returns?

SNDK currently has the higher Sharpe Ratio (47.94 vs 1.91), 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.