CEG vs. XEL

Last updated Apr 1, 2026

Compare and contrast key facts about Constellation Energy Corp (CEG) and Xcel Energy Inc. (XEL).

Performance

CEG vs. XEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Constellation Energy Corp (CEG) and Xcel Energy Inc. (XEL). The values are adjusted to include any dividend payments, if applicable.

CEG vs. XEL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CEG Constellation Energy Corp	-20.85%	58.80%	92.71%	37.24%	64.11%
XEL Xcel Energy Inc.	8.35%	13.89%	12.32%	-8.67%	3.55%

Fundamentals

Market Cap CEG : $87.68B XEL : $47.43B
EPS CEG : $7.39 XEL : $3.44
PE Ratio CEG : 37.81 XEL : 23.11
PEG Ratio CEG : 0.66 XEL : 5.95
PS Ratio CEG : 3.35 XEL : 3.18
Total Revenue (TTM) CEG : $26.15B XEL : $14.67B
Gross Profit (TTM) CEG : -$3.91B XEL : $5.30B
EBITDA (TTM) CEG : $3.98B XEL : $6.19B

Returns By Period

In the year-to-date period, CEG achieves a -20.85% return, which is significantly lower than XEL's 8.35% return.

CEG

• 1D: -6.48%
• 1M: -15.23%
• YTD: -20.85%
• 6M: -14.93%
• 1Y: 39.20%
• 3Y*: 53.80%
• 5Y*: —
• 10Y*: —

XEL

• 1D: 0.35%
• 1M: -4.00%
• YTD: 8.35%
• 6M: -0.01%
• 1Y: 15.77%
• 3Y*: 9.29%
• 5Y*: 6.86%
• 10Y*: 9.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CEG vs. XEL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEG

CEG Risk / Return Rank: 65
CEG Sharpe Ratio Rank: 69
CEG Sortino Ratio Rank: 65
CEG Omega Ratio Rank: 63
CEG Calmar Ratio Rank: 63
CEG Martin Ratio Rank: 65

XEL

XEL Risk / Return Rank: 68
XEL Sharpe Ratio Rank: 70
XEL Sortino Ratio Rank: 63
XEL Omega Ratio Rank: 61
XEL Calmar Ratio Rank: 72
XEL Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CEG vs. XEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and Xcel Energy Inc. (XEL). 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.

	CEG	XEL	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.80	-0.04
Sortino ratio Return per unit of downside risk	1.32	1.23	+0.09
Omega ratio Gain probability vs. loss probability	1.17	1.16	+0.01
Calmar ratio Return relative to maximum drawdown	0.95	1.53	-0.58
Martin ratio Return relative to average drawdown	2.57	3.81	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEG vs. XEL - Sharpe Ratio Comparison

The current CEG Sharpe Ratio is 0.76, which is comparable to the XEL Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of CEG and XEL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CEG	XEL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.80	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.41	+0.62

Correlation

The correlation between CEG and XEL is 0.18, 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.

Dividends

CEG vs. XEL - Dividend Comparison

CEG's dividend yield for the trailing twelve months is around 0.57%, less than XEL's 2.90% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEG Constellation Energy Corp	0.57%	0.44%	0.63%	0.97%	0.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XEL Xcel Energy Inc.	2.90%	3.83%	2.43%	3.36%	2.78%	2.70%	2.58%	2.55%	3.09%	2.99%	3.34%	3.56%

Drawdowns

CEG vs. XEL - Drawdown Comparison

The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum XEL drawdown of -80.64%. Use the drawdown chart below to compare losses from any high point for CEG and XEL.

Drawdown Indicators

	CEG	XEL	Difference
Max Drawdown Largest peak-to-trough decline	-50.70%	-80.64%	+29.94%
Max Drawdown (1Y) Largest decline over 1 year	-38.77%	-11.50%	-27.27%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.41%	—
Current Drawdown Current decline from peak	-30.70%	-4.63%	-26.07%
Average Drawdown Average peak-to-trough decline	-10.82%	-11.35%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.27%	4.60%	+9.67%

Volatility

CEG vs. XEL - Volatility Comparison

Constellation Energy Corp (CEG) has a higher volatility of 16.75% compared to Xcel Energy Inc. (XEL) at 5.23%. This indicates that CEG's price experiences larger fluctuations and is considered to be riskier than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEG	XEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.75%	5.23%	+11.52%
Volatility (6M) Calculated over the trailing 6-month period	36.99%	11.72%	+25.27%
Volatility (1Y) Calculated over the trailing 1-year period	51.89%	19.77%	+32.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.33%	20.47%	+28.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.33%	21.57%	+27.76%

Financials