ALE vs. NEE
Compare and contrast key facts about ALLETE, Inc. (ALE) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALE or NEE.
Key characteristics
| ALE | NEE | |
|---|---|---|
| YTD Return | 9.24% | 24.95% |
| 1Y Return | 20.17% | 32.95% |
| 3Y Return (Ann) | 4.25% | -2.48% |
| 5Y Return (Ann) | -0.41% | 7.61% |
| 10Y Return (Ann) | 6.41% | 14.21% |
| Sharpe Ratio | 1.24 | 1.53 |
| Sortino Ratio | 2.17 | 2.03 |
| Omega Ratio | 1.29 | 1.27 |
| Calmar Ratio | 0.78 | 1.07 |
| Martin Ratio | 5.70 | 7.08 |
| Ulcer Index | 3.54% | 5.70% |
| Daily Std Dev | 16.27% | 26.31% |
| Max Drawdown | -73.95% | -47.81% |
| Current Drawdown | -9.70% | -14.63% |
Fundamentals
| ALE | NEE | |
|---|---|---|
| Market Cap | $3.77B | $152.71B |
| EPS | $3.11 | $3.37 |
| PE Ratio | 20.92 | 22.04 |
| PEG Ratio | 2.22 | 3.10 |
| Total Revenue (TTM) | $1.57B | $26.29B |
| Gross Profit (TTM) | $319.90M | $14.94B |
| EBITDA (TTM) | $412.80M | $15.63B |
Correlation
The correlation between ALE and NEE is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALE vs. NEE - Performance Comparison
In the year-to-date period, ALE achieves a 9.24% return, which is significantly lower than NEE's 24.95% return. Over the past 10 years, ALE has underperformed NEE with an annualized return of 6.41%, while NEE has yielded a comparatively higher 14.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALE vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) and NextEra Energy, Inc. (NEE). 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.
Dividends
ALE vs. NEE - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 4.37%, more than NEE's 2.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 4.37% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% | 3.81% |
NEE NextEra Energy, Inc. | 2.71% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
Drawdowns
ALE vs. NEE - Drawdown Comparison
The maximum ALE drawdown since its inception was -73.95%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for ALE and NEE. For additional features, visit the drawdowns tool.
Volatility
ALE vs. NEE - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 1.66%, while NextEra Energy, Inc. (NEE) has a volatility of 9.10%. This indicates that ALE experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALE vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between ALLETE, Inc. and NextEra Energy, 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