CQP vs. NEP
Compare and contrast key facts about Cheniere Energy Partners, L.P. (CQP) and NextEra Energy Partners, LP (NEP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CQP or NEP.
Performance
CQP vs. NEP - Performance Comparison
Returns By Period
In the year-to-date period, CQP achieves a 14.97% return, which is significantly higher than NEP's -39.31% return. Over the past 10 years, CQP has outperformed NEP with an annualized return of 13.03%, while NEP has yielded a comparatively lower -2.62% annualized return.
CQP
14.97%
10.91%
11.91%
-3.53%
14.06%
13.03%
NEP
-39.31%
-35.95%
-48.70%
-20.65%
-15.91%
-2.62%
Fundamentals
| CQP | NEP | |
|---|---|---|
| Market Cap | $25.86B | $1.50B |
| EPS | $4.63 | $0.61 |
| PE Ratio | 11.54 | 26.23 |
| PEG Ratio | 6.16 | 3.64 |
| Total Revenue (TTM) | $8.93B | $1.15B |
| Gross Profit (TTM) | $4.83B | $223.00M |
| EBITDA (TTM) | $4.28B | $722.00M |
Key characteristics
| CQP | NEP | |
|---|---|---|
| Sharpe Ratio | -0.03 | -0.42 |
| Sortino Ratio | 0.14 | -0.32 |
| Omega Ratio | 1.02 | 0.96 |
| Calmar Ratio | -0.03 | -0.26 |
| Martin Ratio | -0.04 | -1.07 |
| Ulcer Index | 16.39% | 18.68% |
| Daily Std Dev | 25.45% | 47.53% |
| Max Drawdown | -78.46% | -76.46% |
| Current Drawdown | -7.28% | -76.42% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between CQP and NEP is 0.20, 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.
Risk-Adjusted Performance
CQP vs. NEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy Partners, L.P. (CQP) and NextEra Energy Partners, LP (NEP). 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
CQP vs. NEP - Dividend Comparison
CQP's dividend yield for the trailing twelve months is around 6.49%, less than NEP's 22.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 6.49% | 8.36% | 6.82% | 6.30% | 7.28% | 6.08% | 6.07% | 5.79% | 5.90% | 6.52% | 5.31% | 5.93% |
NEP NextEra Energy Partners, LP | 22.43% | 11.11% | 4.27% | 3.08% | 3.38% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% | 0.00% |
Drawdowns
CQP vs. NEP - Drawdown Comparison
The maximum CQP drawdown since its inception was -78.46%, roughly equal to the maximum NEP drawdown of -76.46%. Use the drawdown chart below to compare losses from any high point for CQP and NEP. For additional features, visit the drawdowns tool.
Volatility
CQP vs. NEP - Volatility Comparison
The current volatility for Cheniere Energy Partners, L.P. (CQP) is 6.95%, while NextEra Energy Partners, LP (NEP) has a volatility of 22.17%. This indicates that CQP experiences smaller price fluctuations and is considered to be less risky than NEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CQP vs. NEP - Financials Comparison
This section allows you to compare key financial metrics between Cheniere Energy Partners, L.P. and NextEra Energy Partners, LP. 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