AQNU vs. NEE
Compare and contrast key facts about Algonquin Power & Utilities Corp. (AQNU) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQNU or NEE.
Key characteristics
| AQNU | NEE | |
|---|---|---|
| YTD Return | 8.48% | 19.54% |
| 1Y Return | -13.40% | -2.47% |
| Sharpe Ratio | -0.44 | -0.06 |
| Daily Std Dev | 29.07% | 28.05% |
| Max Drawdown | -56.32% | -47.81% |
| Current Drawdown | -40.52% | -18.33% |
Fundamentals
| AQNU | NEE | |
|---|---|---|
| EPS | $0.52 | $3.66 |
| PE Ratio | 44.05 | 19.16 |
| Revenue (TTM) | $2.70B | $27.13B |
| Gross Profit (TTM) | $1.05B | $10.14B |
| EBITDA (TTM) | $944.79M | $15.31B |
Correlation
The correlation between AQNU and NEE is 0.49, 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
AQNU vs. NEE - Performance Comparison
In the year-to-date period, AQNU achieves a 8.48% return, which is significantly lower than NEE's 19.54% 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
AQNU vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp. (AQNU) 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
AQNU vs. NEE - Dividend Comparison
AQNU's dividend yield for the trailing twelve months is around 16.82%, more than NEE's 2.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQNU Algonquin Power & Utilities Corp. | 16.82% | 17.40% | 13.46% | 4.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEE NextEra Energy, Inc. | 2.67% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
Drawdowns
AQNU vs. NEE - Drawdown Comparison
The maximum AQNU drawdown since its inception was -56.32%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for AQNU and NEE. For additional features, visit the drawdowns tool.
Volatility
AQNU vs. NEE - Volatility Comparison
Algonquin Power & Utilities Corp. (AQNU) has a higher volatility of 8.92% compared to NextEra Energy, Inc. (NEE) at 6.56%. This indicates that AQNU's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AQNU 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