BAESY vs. NEE
BAESY (BAE Systems PLC) and NEE (NextEra Energy, Inc.) are both stocks. BAESY operates in Aerospace & Defense (Industrials), while NEE operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, BAESY returned 18.72%/yr vs 13.51%/yr for NEE. At a 0.22 correlation, their price movements are largely independent.
Performance
BAESY vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, BAESY achieves a 11.25% return, which is significantly higher than NEE's 8.63% return. Over the past 10 years, BAESY has outperformed NEE with an annualized return of 18.72%, while NEE has yielded a comparatively lower 13.51% annualized return.
BAESY
- 1D
- -4.00%
- 1M
- -1.83%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 0.44%
- 3Y*
- 30.63%
- 5Y*
- 30.61%
- 10Y*
- 18.72%
NEE
- 1D
- 1.36%
- 1M
- -8.68%
- YTD
- 8.63%
- 6M
- 6.81%
- 1Y
- 19.83%
- 3Y*
- 8.11%
- 5Y*
- 5.94%
- 10Y*
- 13.51%
BAESY vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAESY BAE Systems PLC | 11.25% | 65.51% | 1.23% | 40.91% | 46.40% | 14.56% | -3.43% | 34.69% | -22.16% | 13.28% |
NEE NextEra Energy, Inc. | 8.63% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between BAESY and NEE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.22 |
Over the past year, the correlation between BAESY and NEE has dropped to 0.02 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.
Fundamentals
BAESY:
£5.29
NEE:
$5.27
BAESY:
14.41
NEE:
16.32
BAESY:
2.65
NEE:
0.83
BAESY:
1.06
NEE:
4.78
BAESY:
£54.56B
NEE:
$27.93B
BAESY:
£19.72B
NEE:
$13.35B
BAESY:
£7.74B
NEE:
$14.56B
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Return for Risk
BAESY vs. NEE — Risk / Return Rank
BAESY
NEE
BAESY vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems PLC (BAESY) 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.
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.
| BAESY | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 1.37 | -1.35 |
| Martin ratioReturn relative to average drawdown | 0.04 | 3.78 | -3.74 |
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Drawdowns
BAESY vs. NEE - Drawdown Comparison
The maximum BAESY drawdown since its inception was -59.20%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for BAESY and NEE.
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Drawdown Indicators
| BAESY | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.20% | -47.81% | -11.39% |
Max Drawdown (1Y)Largest decline over 1 year | -23.59% | -14.53% | -9.06% |
Max Drawdown (3Y)Largest decline over 3 years | -23.59% | -34.57% | +10.98% |
Max Drawdown (5Y)Largest decline over 5 years | -23.59% | -44.97% | +21.38% |
Max Drawdown (10Y)Largest decline over 10 years | -42.13% | -44.97% | +2.84% |
Current DrawdownCurrent decline from peak | -16.92% | -11.50% | -5.42% |
Average DrawdownAverage peak-to-trough decline | -19.32% | -8.93% | -10.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.17% | 5.25% | +4.92% |
Volatility
BAESY vs. NEE - Volatility Comparison
BAE Systems PLC (BAESY) has a higher volatility of 10.68% compared to NextEra Energy, Inc. (NEE) at 8.52%. This indicates that BAESY'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.
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Volatility by Period
| BAESY | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 8.52% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 25.10% | 16.75% | +8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 23.78% | +8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.12% | 26.91% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.90% | 25.49% | +2.41% |
Dividends
BAESY vs. NEE - Dividend Comparison
BAESY's dividend yield for the trailing twelve months is around 1.90%, less than NEE's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAESY BAE Systems PLC | 1.90% | 1.90% | 2.79% | 2.40% | 3.09% | 4.46% | 7.05% | 3.66% | 4.93% | 5.71% | 6.26% | 4.38% |
NEE NextEra Energy, Inc. | 2.77% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
BAESY vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between BAE Systems PLC 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
BAESY vs. NEE - Profitability Comparison
BAESY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems PLC reported a gross profit of 1.34B and revenue of 14.67B. Therefore, the gross margin over that period was 9.2%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 6.70B. Therefore, the gross margin over that period was 0.0%.
BAESY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems PLC reported an operating income of 1.34B and revenue of 14.67B, resulting in an operating margin of 9.2%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported an operating income of 2.21B and revenue of 6.70B, resulting in an operating margin of 33.0%.
BAESY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems PLC reported a net income of 1.09B and revenue of 14.67B, resulting in a net margin of 7.4%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a net income of 2.18B and revenue of 6.70B, resulting in a net margin of 32.6%.
Frequently Asked Questions
BAESY and NEE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAESY has higher volatility (10.68%) compared to NEE (8.52%). In terms of maximum drawdown, BAESY dropped -59.20% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (0.84 vs 0.01), 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.
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