ENV vs. NEE

Last updated Jun 3, 2026

ENV (Envestnet, Inc.) and NEE (NextEra Energy, Inc.) are both stocks. ENV operates in Software - Application (Technology), while NEE operates in Utilities - Regulated Electric (Utilities). At a 0.21 correlation, their price movements are largely independent.

Performance

ENV vs. NEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Envestnet, Inc. (ENV) and NextEra Energy, Inc. (NEE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ENV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEE

• 1D: 2.41%
• 1M: -11.62%
• YTD: 7.45%
• 6M: 1.99%
• 1Y: 24.76%
• 3Y*: 7.96%
• 5Y*: 6.03%
• 10Y*: 13.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ENV vs. NEE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	-3.58%	18.18%	41.55%	-1.32%	41.42%
NEE NextEra Energy, Inc.	7.45%	15.47%	21.46%	-25.30%	-8.54%	23.39%	30.06%	42.69%	14.30%	34.39%

Correlation

The correlation between ENV and NEE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jul 30, 2010	0.21

The correlation between ENV and NEE shifts across timeframes, from 0.14 (3 years) to 0.25 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) ENV : $1.34B NEE : $27.93B
Gross Profit (TTM) ENV : $911.20M NEE : $13.35B
EBITDA (TTM) ENV : -$92.97M NEE : $14.56B

Return for Risk

ENV vs. NEE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEE

NEE Risk / Return Rank: 70
NEE Sharpe Ratio Rank: 72
NEE Sortino Ratio Rank: 66
NEE Omega Ratio Rank: 65
NEE Calmar Ratio Rank: 71
NEE Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENV vs. NEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envestnet, Inc. (ENV) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ENV	NEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.62	—

Drawdowns

Drawdown Indicators

	ENV	NEE	Difference
Max Drawdown Largest peak-to-trough decline	—	-47.81%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.97%	—
Current Drawdown Current decline from peak	—	-12.46%	—
Average Drawdown Average peak-to-trough decline	—	-8.92%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.75%	—

Volatility

Volatility by Period

	ENV	NEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.77%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	26.89%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.48%	—

Dividends

ENV vs. NEE - Dividend Comparison

ENV has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENV Envestnet, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NEE NextEra Energy, Inc.	2.05%	2.82%	2.87%	3.08%	2.03%	1.65%	1.81%	2.06%	2.55%	2.52%	2.91%	2.96%

Financials

Frequently Asked Questions

Can I hold both ENV and NEE in my portfolio?

ENV and NEE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.