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.
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.
Performance
CQP vs. NEP - Performance Comparison
Key characteristics
CQP:
0.99
NEP:
-1.11
CQP:
1.57
NEP:
-1.68
CQP:
1.18
NEP:
0.76
CQP:
1.12
NEP:
-0.70
CQP:
3.92
NEP:
-2.14
CQP:
6.80%
NEP:
27.86%
CQP:
26.89%
NEP:
53.89%
CQP:
-78.46%
NEP:
-84.64%
CQP:
-3.51%
NEP:
-84.49%
Fundamentals
CQP:
$30.04B
NEP:
$985.85M
CQP:
$4.25
NEP:
-$0.10
CQP:
6.16
NEP:
3.64
CQP:
$8.70B
NEP:
$922.00M
CQP:
$4.45B
NEP:
$258.00M
CQP:
$3.99B
NEP:
$543.00M
Returns By Period
In the year-to-date period, CQP achieves a 18.37% return, which is significantly higher than NEP's -40.79% return. Over the past 10 years, CQP has outperformed NEP with an annualized return of 14.53%, while NEP has yielded a comparatively lower -8.06% annualized return.
CQP
18.37%
3.92%
33.27%
28.95%
19.69%
14.53%
NEP
-40.79%
-33.84%
-57.56%
-56.51%
-25.31%
-8.06%
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Risk-Adjusted Performance
CQP vs. NEP — Risk-Adjusted Performance Rank
CQP
NEP
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 5.24%, less than NEP's 25.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 5.24% | 6.52% | 8.36% | 6.82% | 6.30% | 7.28% | 6.08% | 6.07% | 5.79% | 5.90% | 6.52% | 5.31% |
NEP NextEra Energy Partners, LP | 25.76% | 20.20% | 11.10% | 4.27% | 3.08% | 3.37% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
Drawdowns
CQP vs. NEP - Drawdown Comparison
The maximum CQP drawdown since its inception was -78.46%, smaller than the maximum NEP drawdown of -84.64%. 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 12.82%, while NextEra Energy Partners, LP (NEP) has a volatility of 32.11%. 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