CIG vs. NEE
Compare and contrast key facts about Companhia Energética de Minas Gerais (CIG) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIG or NEE.
Correlation
The correlation between CIG and NEE is 0.25, 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
CIG vs. NEE - Performance Comparison
Key characteristics
CIG:
0.19
NEE:
0.68
CIG:
0.52
NEE:
1.05
CIG:
1.06
NEE:
1.13
CIG:
0.38
NEE:
0.60
CIG:
0.83
NEE:
1.74
CIG:
7.65%
NEE:
10.32%
CIG:
33.88%
NEE:
26.48%
CIG:
-85.21%
NEE:
-47.81%
CIG:
-12.18%
NEE:
-15.80%
Fundamentals
CIG:
$5.77B
NEE:
$144.98B
CIG:
$0.37
NEE:
$3.37
CIG:
4.65
NEE:
20.91
CIG:
0.00
NEE:
2.70
CIG:
$10.16T
NEE:
$19.07B
CIG:
$2.37T
NEE:
$10.10B
CIG:
$1.75T
NEE:
$9.72B
Returns By Period
In the year-to-date period, CIG achieves a 1.86% return, which is significantly higher than NEE's 1.46% return. Over the past 10 years, CIG has underperformed NEE with an annualized return of 11.55%, while NEE has yielded a comparatively higher 13.48% annualized return.
CIG
1.86%
-2.55%
-10.05%
5.09%
38.21%
11.55%
NEE
1.46%
1.82%
-13.91%
18.58%
8.02%
13.48%
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Risk-Adjusted Performance
CIG vs. NEE — Risk-Adjusted Performance Rank
CIG
NEE
CIG vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia Energética de Minas Gerais (CIG) 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
CIG vs. NEE - Dividend Comparison
CIG's dividend yield for the trailing twelve months is around 14.11%, more than NEE's 2.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 14.11% | 13.76% | 11.31% | 15.27% | 14.23% | 7.24% | 5.86% | 9.20% | 7.74% | 21.97% | 25.69% | 47.76% |
NEE NextEra Energy, Inc. | 2.93% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
CIG vs. NEE - Drawdown Comparison
The maximum CIG drawdown since its inception was -85.21%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for CIG and NEE. For additional features, visit the drawdowns tool.
Volatility
CIG vs. NEE - Volatility Comparison
Companhia Energética de Minas Gerais (CIG) has a higher volatility of 9.71% compared to NextEra Energy, Inc. (NEE) at 8.67%. This indicates that CIG'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
CIG vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Companhia Energética de Minas Gerais 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