CLMT vs. NEE
Compare and contrast key facts about Calumet Specialty Products Partners, L.P. (CLMT) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLMT or NEE.
Correlation
The correlation between CLMT and NEE is 0.11, 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
CLMT vs. NEE - Performance Comparison
Key characteristics
CLMT:
-0.13
NEE:
1.02
CLMT:
0.25
NEE:
1.44
CLMT:
1.03
NEE:
1.19
CLMT:
-0.13
NEE:
0.71
CLMT:
-0.56
NEE:
3.01
CLMT:
14.58%
NEE:
8.83%
CLMT:
62.09%
NEE:
25.98%
CLMT:
-96.83%
NEE:
-47.81%
CLMT:
-47.75%
NEE:
-18.81%
Fundamentals
CLMT:
$1.33B
NEE:
$142.06B
CLMT:
-$2.82
NEE:
$3.37
CLMT:
2.71
NEE:
3.57
CLMT:
$3.24B
NEE:
$24.80B
CLMT:
$147.20M
NEE:
$13.50B
CLMT:
$86.70M
NEE:
$11.85B
Returns By Period
In the year-to-date period, CLMT achieves a -29.61% return, which is significantly lower than NEE's -2.16% return. Over the past 10 years, CLMT has underperformed NEE with an annualized return of -4.13%, while NEE has yielded a comparatively higher 13.11% annualized return.
CLMT
-29.61%
-3.37%
-24.90%
-9.46%
30.07%
-4.13%
NEE
-2.16%
-1.00%
-9.95%
26.41%
2.61%
13.11%
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Risk-Adjusted Performance
CLMT vs. NEE — Risk-Adjusted Performance Rank
CLMT
NEE
CLMT vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calumet Specialty Products Partners, L.P. (CLMT) 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
CLMT vs. NEE - Dividend Comparison
CLMT has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.94%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 17.13% | 13.76% | 12.23% |
NEE NextEra Energy, Inc. | 2.94% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
CLMT vs. NEE - Drawdown Comparison
The maximum CLMT drawdown since its inception was -96.83%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for CLMT and NEE. For additional features, visit the drawdowns tool.
Volatility
CLMT vs. NEE - Volatility Comparison
Calumet Specialty Products Partners, L.P. (CLMT) has a higher volatility of 22.04% compared to NextEra Energy, Inc. (NEE) at 9.19%. This indicates that CLMT'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
CLMT vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Calumet Specialty Products Partners, L.P. 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