# How GE Vernova (GEV) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/gev
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on GEV alone. It places GEV (GE Vernova Inc.) against 19 popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken and diversification. The result is a clearer view of where GEV stands in the market, and of the alternatives worth a closer look.

Period covered: GEV's full trading record, from March 2024 through September 2026. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 3 months, GEV fell 17.5% while the S&P 500 rose 3.9%. The slide is GEV's own: it is 24.2% below its high, against 1.3% for the S&P 500.
- **Stock or market?:** The weakness is GEV's own: it fell 17.5% over the past 3 months while the electrical equipment ETF XLI (State Street Industrial Select Sector SPDR ETF) fell 6.1%. The S&P 500 rose 3.9%. Its electrical equipment peers did not move as one over the past 3 months: EMR (Emerson Electric) rose 17.9%, while VRT (Vertiv) fell 30.2%.
- **Past 1 to 3 years:** GEV has run far ahead of the market, rising 50.1% over the past year against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100.

## How much would $10,000 in GEV have grown?

This chart tracks a hypothetical $10,000 investment in GEV over the past 2 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of GEV over the same span and GEV's popular alternatives, among those that traded for the entire period.

- $10,000 invested in GEV at the end of September 2024 would have grown to $37,435 by September 2026, more than the $13,598 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of GEV, and BE finished highest, at $262,290.

## GEV at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- GEV is still 24.2% below its all-time high.
- GEV's deepest decline since it began trading in 2024 was 38.3%, from January to March 2025. It took two months from the low to climb back to its old high.

- Type: Stock, Industrials (Industrial - Machinery)
- Trading since: March 27, 2024
- Market value: $237B
- Volatility (1 year): 52.2%; Sharpe ratio: 1.04
- Worst decline ever: −38.3%, from January 23, 2025 to March 10, 2025; back at its high by May 19, 2025

| Period | GEV total return |
| --- | --- |
| 1 month | −5.9% |
| 3 months | −17.5% |
| 6 months | −10.0% |
| year to date | +31.3% |
| 1 year | +50.1% |

## GEV against the whole market

Where GEV ranks among every stock and fund, and what across the market has done better.

### How does GEV rank among all stocks?

This section ranks GEV on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- GEV's 1-year return ranks in the top 17% of the 3,287 stocks worth at least $300 million with 1 year of history.

| Measure | GEV | Rank |
| --- | --- | --- |
| 1-year return | +50.1% | 550 of 3,287 (top 17%) |
| Volatility, 1 year | 52.2% | 2,206 of 3,287 (top 68%) |
| Sharpe ratio, 1 year | 1.04 | 834 of 3,287 (top 26%) |

## GEV against its popular alternatives

The investments people most often weigh against GEV, compared period by period and year by year.

### How do GEV's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 1 year against its volatility, the size of its typical price swings.

- None of the 19 popular alternatives earned more than GEV over the past 1 year with smaller price swings, so every higher return on the map came with a bumpier ride.
- Over the past 1 year, GEV returned 50.1% a year, more than the S&P 500's 15.8%, with higher volatility (52.2% against 12.7%).

### Has GEV consistently beaten its popular alternatives?

This section compares GEV with the investments people most often weigh against it, checking each one over five periods from one month to one year.

- Six of the 19 popular alternatives, led by BE, PWR and EMR, outperformed GEV in at least 3 of 5 timeframes.

| Investment | 1Y return | Periods ahead of GEV | Verdict | Sharpe |
| --- | --- | --- | --- | --- |
| GEV: GE Vernova Inc. (this page) | +50.1% |  |  | 1.04 |
| [BE](https://easycompare.io/research/be): Bloom Energy Corporation | +104% | 4/5 short-term | consistent | 1.19 |
| [PWR](https://easycompare.io/research/pwr): Quanta Services, Inc. | +35.3% | 3/5 short-term | consistent | 0.90 |
| [EMR](https://easycompare.io/research/emr): Emerson Electric Co. | +25.0% | 3/5 short-term | consistent | 0.87 |
| GNRC: Generac Holdings Inc. | −0.6% | 3/5 short-term | consistent | 0.27 |
| [DUK](https://easycompare.io/research/duk): Duke Energy Corporation | −2.6% | 3/5 short-term | consistent | -0.08 |
| [VST](https://easycompare.io/research/vst): Vistra Corp. | −22.2% | 3/5 short-term | consistent | -0.26 |
| FCEL: FuelCell Energy, Inc. | +41.1% | 2/5 short-term |  | 0.89 |
| NVT: nVent Electric plc | +40.0% | 2/5 short-term |  | 0.95 |
| [CMI](https://easycompare.io/research/cmi): Cummins Inc. | +31.4% | 2/5 short-term |  | 0.93 |
| HUBB: Hubbell Incorporated | +7.7% | 2/5 short-term |  | 0.39 |
| [ETN](https://easycompare.io/research/etn): Eaton Corporation plc | +2.3% | 2/5 short-term |  | 0.26 |
| [NEE](https://easycompare.io/research/nee): NextEra Energy, Inc. | −4.3% | 2/5 short-term |  | -0.11 |
| [CEG](https://easycompare.io/research/ceg): Constellation Energy Corporation | −29.7% | 2/5 short-term |  | -0.49 |
| POWL: Powell Industries, Inc. | +42.0% | 1/5 short-term |  | 0.87 |
| BW: Babcock & Wilcox Enterprises, Inc. | +26.6% | 0/5 short-term |  | 0.76 |
| [VRT](https://easycompare.io/research/vrt): Vertiv Holdings Co | +16.0% | 0/5 short-term |  | 0.55 |
| BWXT: BWX Technologies, Inc. | −35.0% | 0/5 short-term |  | -0.74 |
| AMSC: American Superconductor Corporation | −57.9% | 0/5 short-term |  | -0.65 |
| PLUG: Plug Power Inc. | −58.8% | 0/5 short-term |  | -0.72 |

## Risk and diversification

How GEV has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were GEV's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of GEV's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: GEV fell 25.5% from June to September 2026, while the S&P 500 rose 1.9%.
- None of these declines kept GEV below its old high for long; the longest climb back took two months.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −38.3% | January 23, 2025 | March 10, 2025 | May 19, 2025 | −8.1% |  |
| −25.5% | June 30, 2026 | September 14, 2026 | not yet | +1.9% |  |
| −24.6% | April 23, 2026 | June 10, 2026 | June 30, 2026 | +2.4% |  |
| −17.5% | August 6, 2025 | November 4, 2025 | December 10, 2025 | +7.0% |  |
| −15.0% | December 10, 2025 | December 17, 2025 | January 30, 2026 | −2.4% |  |

## Common questions

### What was GEV's worst drawdown?

GEV's deepest decline since it began trading in 2024 was 38.3%, from January to March 2025. It took two months from the low to climb back to its old high. Because GEV launched in March 2024, that record does not include the dot-com bust, the 2008 financial crisis or eight other sell-offs.

### What were GEV's best and worst years?

Over one full calendar years, GEV's best year was 2025, when it returned 99.0%. Its worst was 2025, with a return of +99.0%.

### What are the best alternatives to GEV?

Of the 19 popular alternatives we compared, six outperformed GEV in at least 3 of 5 timeframes, with dividends reinvested: BE, PWR and EMR.

## More research

- [Bloom Energy (BE) Performance, Alternatives and Market Rank](https://easycompare.io/research/be)
- [Quanta Services (PWR) Performance, Alternatives and Market Rank](https://easycompare.io/research/pwr)
- [Emerson Electric (EMR) Performance, Alternatives and Market Rank](https://easycompare.io/research/emr)
- [Duke Energy (DUK) Performance, Alternatives and Market Rank](https://easycompare.io/research/duk)
- [Vistra (VST) Performance, Alternatives and Market Rank](https://easycompare.io/research/vst)
- [Cummins (CMI) Performance, Alternatives and Market Rank](https://easycompare.io/research/cmi)
- [Eaton (ETN) Performance, Alternatives and Market Rank](https://easycompare.io/research/etn)
- [NextEra Energy (NEE) Performance, Alternatives and Market Rank](https://easycompare.io/research/nee)
- [Constellation Energy (CEG) Performance, Alternatives and Market Rank](https://easycompare.io/research/ceg)
- [Vertiv (VRT) Performance, Alternatives and Market Rank](https://easycompare.io/research/vrt)
- [Schwab U.S. Dividend Equity ETF (SCHD) Performance, Alternatives and Market Rank](https://easycompare.io/research/schd)
- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://easycompare.io/research/nvda)

## Explore further

- Full page with charts: https://easycompare.io/research/gev
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against GEV live: https://betterthanspy.com/?b=GEV&utm_source=easycompare&utm_medium=research