VIK vs. GEV

Last updated Jun 24, 2026

VIK (Viking Holdings Ltd) and GEV (GE Vernova Inc.) are both stocks. VIK operates in Travel Services (Consumer Cyclical), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, VIK returned 103.52% vs 107.61% for GEV. At a 0.36 correlation, their price movements are largely independent.

Performance

VIK vs. GEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Viking Holdings Ltd (VIK) 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, VIK achieves a 41.65% return, which is significantly lower than GEV's 58.65% return.

VIK

• 1D: 1.10%
• 1M: 20.09%
• YTD: 41.65%
• 6M: 38.35%
• 1Y: 103.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEV

• 1D: -8.21%
• 1M: -0.31%
• YTD: 58.65%
• 6M: 56.76%
• 1Y: 107.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VIK vs. GEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VIK Viking Holdings Ltd	41.65%	62.07%	68.49%
GEV GE Vernova Inc.	58.65%	99.02%	114.15%

Correlation

The correlation between VIK and GEV is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since May 1, 2024	0.36

Fundamentals

Market Cap VIK : $45.10B GEV : $281.51B
EPS VIK : $2.69 GEV : $34.12
PE Ratio VIK : 37.59 GEV : 30.33
PEG Ratio VIK : 0.13 GEV : 0.14
PS Ratio VIK : 6.77 GEV : 7.22
PB Ratio VIK : 42.28 GEV : 20.22
Total Revenue (TTM) VIK : $6.66B GEV : $39.38B
Gross Profit (TTM) VIK : $2.58B GEV : $7.85B
EBITDA (TTM) VIK : $1.74B GEV : $3.32B

Return for Risk

VIK vs. GEV — Risk / Return Rank

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

VIK

VIK Risk / Return Rank: 94
VIK Sharpe Ratio Rank: 94
VIK Sortino Ratio Rank: 93
VIK Omega Ratio Rank: 90
VIK Calmar Ratio Rank: 95
VIK Martin Ratio Rank: 96

GEV

GEV Risk / Return Rank: 89
GEV Sharpe Ratio Rank: 90
GEV Sortino Ratio Rank: 87
GEV Omega Ratio Rank: 86
GEV Calmar Ratio Rank: 90
GEV Martin Ratio Rank: 91

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.

VIK vs. GEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Viking Holdings Ltd (VIK) 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.

	VIK	GEV	Difference
Sharpe ratio: Return per unit of total volatility	2.74	2.14	+0.60
Sortino ratio: Return per unit of downside risk	3.51	2.84	+0.67
Omega ratio: Gain probability vs. loss probability	1.42	1.35	+0.07
Calmar ratio: Return relative to maximum drawdown	6.97	4.40	+2.56
Martin ratio: Return relative to average drawdown	19.28	12.77	+6.51

VIK vs. GEV - Sharpe Ratio Comparison

The current VIK Sharpe Ratio is 2.74, which is comparable to the GEV Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of VIK 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

VIK vs. GEV - Drawdown Comparison

The maximum VIK drawdown since its inception was -35.39%, smaller than the maximum GEV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for VIK and GEV.

Drawdown Indicators

	VIK	GEV	Difference
Max Drawdown Largest peak-to-trough decline	-35.39%	-38.29%	+2.90%
Max Drawdown (1Y) Largest decline over 1 year	-14.94%	-24.57%	+9.63%
Current Drawdown Current decline from peak	0.00%	-9.92%	+9.92%
Average Drawdown Average peak-to-trough decline	-5.99%	-7.01%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	8.45%	-3.06%

Volatility

VIK vs. GEV - Volatility Comparison

The current volatility for Viking Holdings Ltd (VIK) is 10.18%, while GE Vernova Inc. (GEV) has a volatility of 17.74%. This indicates that VIK 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.

Volatility by Period

	VIK	GEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.18%	17.74%	-7.56%
Volatility (6M) Calculated over the trailing 6-month period	32.36%	34.20%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	38.05%	50.61%	-12.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.75%	54.00%	-13.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.75%	54.00%	-13.25%

Dividends

VIK vs. GEV - Dividend Comparison

VIK has not paid dividends to shareholders, while GEV's dividend yield for the trailing twelve months is around 0.19%.

Position	TTM	2025	2024
GEV GE Vernova Inc.	0.19%	0.11%	0.08%
VIK Viking Holdings Ltd	0.00%	0.00%	0.00%

Financials

VIK vs. GEV - Profitability Comparison

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

VIK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Viking Holdings Ltd reported a gross profit of 284.28M and revenue of 1.05B. Therefore, the gross margin over that period was 27.0%.

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%.

VIK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Viking Holdings Ltd reported an operating income of 12.06M and revenue of 1.05B, resulting in an operating margin of 1.1%.

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%.

VIK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Viking Holdings Ltd reported a net income of -54.38M and revenue of 1.05B, resulting in a net margin of -5.2%.

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 VIK and GEV in my portfolio?

VIK and GEV have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIK or GEV?

GEV has higher volatility (17.74%) compared to VIK (10.18%). In terms of maximum drawdown, VIK dropped -35.39% vs GEV's -38.29%.

Which has better risk-adjusted returns?

VIK currently has the higher Sharpe Ratio (2.74 vs 2.14), 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.