AQN vs. NEE
Compare and contrast key facts about Algonquin Power & Utilities Corp (AQN) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN or NEE.
Correlation
The correlation between AQN and NEE is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AQN vs. NEE - Performance Comparison
Key characteristics
AQN:
-0.38
NEE:
1.02
AQN:
-0.32
NEE:
1.44
AQN:
0.96
NEE:
1.19
AQN:
-0.16
NEE:
0.71
AQN:
-0.59
NEE:
3.01
AQN:
19.36%
NEE:
8.83%
AQN:
30.08%
NEE:
25.98%
AQN:
-69.70%
NEE:
-47.81%
AQN:
-64.33%
NEE:
-18.81%
Fundamentals
AQN:
$3.81B
NEE:
$142.06B
AQN:
$0.54
NEE:
$3.37
AQN:
9.17
NEE:
20.49
AQN:
0.00
NEE:
3.57
AQN:
$1.90B
NEE:
$24.80B
AQN:
$1.07B
NEE:
$13.50B
AQN:
$565.90M
NEE:
$11.85B
Returns By Period
In the year-to-date period, AQN achieves a 12.36% return, which is significantly higher than NEE's -2.16% return. Over the past 10 years, AQN has underperformed NEE with an annualized return of 0.35%, while NEE has yielded a comparatively higher 13.11% annualized return.
AQN
12.36%
11.86%
-1.65%
-9.58%
-17.05%
0.35%
NEE
-2.16%
-1.00%
-9.95%
26.41%
2.61%
13.11%
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Risk-Adjusted Performance
AQN vs. NEE — Risk-Adjusted Performance Rank
AQN
NEE
AQN vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp (AQN) 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
AQN vs. NEE - Dividend Comparison
AQN's dividend yield for the trailing twelve months is around 6.94%, more than NEE's 2.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQN Algonquin Power & Utilities Corp | 6.94% | 7.80% | 6.87% | 10.94% | 4.62% | 3.68% | 3.90% | 4.99% | 4.18% | 4.88% | 4.77% | 4.00% |
NEE NextEra Energy, Inc. | 2.94% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
AQN vs. NEE - Drawdown Comparison
The maximum AQN drawdown since its inception was -69.70%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for AQN and NEE. For additional features, visit the drawdowns tool.
Volatility
AQN vs. NEE - Volatility Comparison
The current volatility for Algonquin Power & Utilities Corp (AQN) is 8.11%, while NextEra Energy, Inc. (NEE) has a volatility of 9.19%. This indicates that AQN 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
AQN vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Algonquin Power & Utilities Corp 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