CEG vs. NEE
CEG (Constellation Energy Corp) and NEE (NextEra Energy, Inc.) are both stocks. Both are in the Utilities sector — CEG in Utilities - Renewable, NEE in Utilities - Regulated Electric. Over the past 3 years, CEG returned 40.69%/yr vs 9.58%/yr for NEE. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
CEG vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, CEG achieves a -25.41% return, which is significantly lower than NEE's 9.81% return.
CEG
- 1D
- -0.31%
- 1M
- 9.82%
- 6M
- -6.12%
- YTD
- -25.41%
- 1Y
- -22.49%
- 3Y*
- 40.69%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.86%
NEE
- 1D
- -1.15%
- 1M
- -1.61%
- 6M
- 0.29%
- YTD
- 9.81%
- 1Y
- 27.04%
- 3Y*
- 9.58%
- 5Y*
- 4.94%
- 10Y*
- 13.40%
- ALL TIME*
- 14.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $725.89M | $725.77M | $982.35M | |
| $904.33M | $924.07M | $1.03B |
CEG vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -25.41% | 58.80% | 92.71% | 37.24% | 73.87% |
NEE NextEra Energy, Inc. | 9.81% | 15.47% | 21.46% | -25.30% | 10.56% |
Correlation
The correlation between CEG and NEE is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.27 |
The correlation between CEG and NEE shifts across timeframes, from 0.16 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CEG:
$94.35B
NEE:
$181.30B
CEG:
$8.04
NEE:
$5.96
CEG:
32.66
NEE:
14.58
CEG:
0.57
NEE:
0.74
CEG:
3.47
NEE:
4.67
CEG:
$24.82B
NEE:
$29.02B
CEG:
$20.98B
NEE:
$14.68B
CEG:
$5.87B
NEE:
$16.73B
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Return for Risk
CEG vs. NEE — Risk / Return Rank
CEG
NEE
CEG vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) 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.
| CEG | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.22 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.79 | -2.37 |
| Martin ratioReturn relative to average drawdown | -1.04 | 4.51 | -5.54 |
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Drawdowns
CEG vs. NEE - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for CEG and NEE.
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Drawdown Indicators
| CEG | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -47.81% | -2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -41.22% | -14.53% | -26.69% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -29.16% | -21.54% |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.97% | — |
Current DrawdownCurrent decline from peak | -34.69% | -10.55% | -24.14% |
Average DrawdownAverage peak-to-trough decline | -12.37% | -8.93% | -3.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.25% | 5.75% | +17.50% |
Volatility
CEG vs. NEE - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 9.71% compared to NextEra Energy, Inc. (NEE) at 4.62%. This indicates that CEG'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
| CEG | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.71% | 4.62% | +5.09% |
Volatility (6M)Calculated over the trailing 6-month period | 34.35% | 16.60% | +17.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.84% | 21.94% | +24.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.04% | 26.91% | +22.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.04% | 25.48% | +23.56% |
Dividends
CEG vs. NEE - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.62%, less than NEE's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.62% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEE NextEra Energy, Inc. | 2.74% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
CEG vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Constellation Energy 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
CEG vs. NEE - Profitability Comparison
CEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Constellation Energy Corp reported a gross profit of 2.48B and revenue of 6.07B. Therefore, the gross margin over that period was 40.8%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 7.53B. Therefore, the gross margin over that period was 0.0%.
CEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Constellation Energy Corp reported an operating income of 598.00M and revenue of 6.07B, resulting in an operating margin of 9.9%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported an operating income of 2.24B and revenue of 7.53B, resulting in an operating margin of 29.7%.
CEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Constellation Energy Corp reported a net income of 432.00M and revenue of 6.07B, resulting in a net margin of 7.1%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported a net income of 3.14B and revenue of 7.53B, resulting in a net margin of 41.7%.
Frequently Asked Questions
CEG and NEE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (9.71%) compared to NEE (4.62%). In terms of maximum drawdown, CEG dropped -50.70% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (1.18 vs -0.52), 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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