DHR vs. NEE
DHR (Danaher Corporation) and NEE (NextEra Energy, Inc.) are both stocks. DHR operates in Diagnostics & Research (Healthcare), while NEE operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, DHR returned 11.06%/yr vs 13.51%/yr for NEE. At a 0.33 correlation, their price movements are largely independent.
Performance
DHR vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, DHR achieves a -21.16% return, which is significantly lower than NEE's 8.63% return. Over the past 10 years, DHR has underperformed NEE with an annualized return of 11.06%, while NEE has yielded a comparatively higher 13.51% annualized return.
DHR
- 1D
- -0.38%
- 1M
- 8.50%
- YTD
- -21.16%
- 6M
- -20.15%
- 1Y
- -11.58%
- 3Y*
- -5.06%
- 5Y*
- -3.39%
- 10Y*
- 11.06%
NEE
- 1D
- 1.36%
- 1M
- -8.68%
- YTD
- 8.63%
- 6M
- 6.81%
- 1Y
- 19.83%
- 3Y*
- 8.11%
- 5Y*
- 5.94%
- 10Y*
- 13.51%
DHR vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | -21.16% | 0.35% | -0.35% | -1.22% | -19.02% | 48.57% | 45.34% | 49.55% | 11.80% | 20.01% |
NEE NextEra Energy, Inc. | 8.63% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between DHR and NEE is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.33 |
Over the past year, the correlation between DHR and NEE has dropped to 0.07 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
DHR:
$5.17
NEE:
$5.27
DHR:
34.85
NEE:
16.32
DHR:
5.19
NEE:
4.78
DHR:
$24.78B
NEE:
$27.93B
DHR:
$15.04B
NEE:
$13.35B
DHR:
$6.69B
NEE:
$14.56B
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Return for Risk
DHR vs. NEE — Risk / Return Rank
DHR
NEE
DHR vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaher Corporation (DHR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DHR | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.17 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 1.37 | -1.72 |
| Martin ratioReturn relative to average drawdown | -0.84 | 3.78 | -4.62 |
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Drawdowns
DHR vs. NEE - Drawdown Comparison
The maximum DHR drawdown since its inception was -45.80%, roughly equal to the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for DHR and NEE.
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Drawdown Indicators
| DHR | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.80% | -47.81% | +2.01% |
Max Drawdown (1Y)Largest decline over 1 year | -32.97% | -14.53% | -18.44% |
Max Drawdown (3Y)Largest decline over 3 years | -41.72% | -34.57% | -7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -43.81% | -44.97% | +1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -43.81% | -44.97% | +1.16% |
Current DrawdownCurrent decline from peak | -37.50% | -11.50% | -26.00% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -8.93% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.85% | 5.25% | +8.60% |
Volatility
DHR vs. NEE - Volatility Comparison
Danaher Corporation (DHR) has a higher volatility of 9.21% compared to NextEra Energy, Inc. (NEE) at 8.52%. This indicates that DHR'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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Volatility by Period
| DHR | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.21% | 8.52% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 19.52% | 16.75% | +2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.18% | 23.78% | +4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.03% | 26.91% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.55% | 25.49% | +0.06% |
Dividends
DHR vs. NEE - Dividend Comparison
DHR's dividend yield for the trailing twelve months is around 0.76%, less than NEE's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.76% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
NEE NextEra Energy, Inc. | 2.77% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
DHR vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Danaher Corporation 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
DHR vs. NEE - Profitability Comparison
DHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported a gross profit of 3.59B and revenue of 5.95B. Therefore, the gross margin over that period was 60.3%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 6.70B. Therefore, the gross margin over that period was 0.0%.
DHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported an operating income of 1.34B and revenue of 5.95B, resulting in an operating margin of 22.6%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported an operating income of 2.21B and revenue of 6.70B, resulting in an operating margin of 33.0%.
DHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported a net income of 1.03B and revenue of 5.95B, resulting in a net margin of 17.3%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a net income of 2.18B and revenue of 6.70B, resulting in a net margin of 32.6%.
Frequently Asked Questions
DHR and NEE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (9.21%) compared to NEE (8.52%). In terms of maximum drawdown, DHR dropped -45.80% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (0.84 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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