Correlation
The correlation between CLMT and NEE is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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.
Performance
CLMT vs. NEE - Performance Comparison
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Key characteristics
CLMT:
-0.18
NEE:
-0.24
CLMT:
0.24
NEE:
-0.10
CLMT:
1.03
NEE:
0.99
CLMT:
-0.19
NEE:
-0.25
CLMT:
-0.46
NEE:
-0.49
CLMT:
28.74%
NEE:
12.79%
CLMT:
72.83%
NEE:
29.67%
CLMT:
-96.83%
NEE:
-47.81%
CLMT:
-52.88%
NEE:
-17.56%
Fundamentals
CLMT:
$1.25B
NEE:
$145.42B
CLMT:
-$4.03
NEE:
$2.73
CLMT:
2.71
NEE:
2.67
CLMT:
0.30
NEE:
5.75
CLMT:
19.32
NEE:
2.92
CLMT:
$4.18B
NEE:
$25.27B
CLMT:
$70.90M
NEE:
$17.71B
CLMT:
$79.50M
NEE:
$10.19B
Returns By Period
In the year-to-date period, CLMT achieves a -36.51% return, which is significantly lower than NEE's -0.65% return. Over the past 10 years, CLMT has underperformed NEE with an annualized return of -5.44%, while NEE has yielded a comparatively higher 13.49% annualized return.
CLMT
-36.51%
30.78%
-37.98%
-14.13%
0.22%
40.32%
-5.44%
NEE
-0.65%
6.95%
-9.47%
-9.23%
0.19%
4.52%
13.49%
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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.
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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 2.99%.
| 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. | 2.99% | 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.
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Volatility
CLMT vs. NEE - Volatility Comparison
Calumet Specialty Products Partners, L.P. (CLMT) has a higher volatility of 12.63% compared to NextEra Energy, Inc. (NEE) at 11.14%. 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.
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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
CLMT vs. NEE - Profitability Comparison
CLMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Calumet Specialty Products Partners, L.P. reported a gross profit of -81.40M and revenue of 993.90M. Therefore, the gross margin over that period was -8.2%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
CLMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Calumet Specialty Products Partners, L.P. reported an operating income of -48.70M and revenue of 993.90M, resulting in an operating margin of -4.9%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
CLMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Calumet Specialty Products Partners, L.P. reported a net income of -162.00M and revenue of 993.90M, resulting in a net margin of -16.3%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.