CWT vs. NEE
Compare and contrast key facts about California Water Service Group (CWT) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWT or NEE.
Correlation
The correlation between CWT and NEE is 0.44, 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.
Performance
CWT vs. NEE - Performance Comparison
Key characteristics
CWT:
-0.56
NEE:
0.66
CWT:
-0.67
NEE:
0.99
CWT:
0.93
NEE:
1.13
CWT:
-0.34
NEE:
0.44
CWT:
-1.49
NEE:
2.46
CWT:
8.34%
NEE:
6.75%
CWT:
22.20%
NEE:
25.35%
CWT:
-36.49%
NEE:
-47.81%
CWT:
-32.28%
NEE:
-19.24%
Fundamentals
CWT:
$2.85B
NEE:
$148.62B
CWT:
$3.46
NEE:
$3.37
CWT:
13.85
NEE:
21.45
CWT:
2.70
NEE:
2.94
CWT:
$1.03B
NEE:
$26.29B
CWT:
$470.03M
NEE:
$14.94B
CWT:
$408.85M
NEE:
$15.46B
Returns By Period
In the year-to-date period, CWT achieves a -9.51% return, which is significantly lower than NEE's 18.21% return. Over the past 10 years, CWT has underperformed NEE with an annualized return of 8.60%, while NEE has yielded a comparatively higher 13.05% annualized return.
CWT
-9.51%
-10.80%
-3.49%
-10.10%
-0.24%
8.60%
NEE
18.21%
-8.88%
-2.44%
19.99%
5.29%
13.05%
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Risk-Adjusted Performance
CWT vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for California Water Service Group (CWT) 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
CWT vs. NEE - Dividend Comparison
CWT's dividend yield for the trailing twelve months is around 2.40%, less than NEE's 2.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWT California Water Service Group | 2.40% | 2.01% | 1.65% | 1.28% | 1.57% | 1.53% | 1.57% | 1.59% | 2.04% | 2.88% | 2.64% | 2.77% |
NEE NextEra Energy, Inc. | 2.95% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
Drawdowns
CWT vs. NEE - Drawdown Comparison
The maximum CWT drawdown since its inception was -36.49%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for CWT and NEE. For additional features, visit the drawdowns tool.
Volatility
CWT vs. NEE - Volatility Comparison
California Water Service Group (CWT) has a higher volatility of 5.59% compared to NextEra Energy, Inc. (NEE) at 4.64%. This indicates that CWT'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
CWT vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between California Water Service Group 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