GE vs. NEE
GE (General Electric Company) and NEE (NextEra Energy, Inc.) are both stocks. GE operates in Specialty Industrial Machinery (Industrials), while NEE operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, GE returned 10.27%/yr vs 13.45%/yr for NEE. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
GE vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, GE achieves a 15.57% return, which is significantly higher than NEE's 11.08% return. Over the past 10 years, GE has underperformed NEE with an annualized return of 10.27%, while NEE has yielded a comparatively higher 13.45% annualized return.
GE
- 1D
- 1.26%
- 1M
- -4.88%
- 6M
- 19.12%
- YTD
- 15.57%
- 1Y
- 30.45%
- 3Y*
- 58.18%
- 5Y*
- 41.31%
- 10Y*
- 10.27%
- ALL TIME*
- 8.87%
NEE
- 1D
- -0.60%
- 1M
- 0.18%
- 6M
- 1.13%
- YTD
- 11.08%
- 1Y
- 27.45%
- 3Y*
- 9.43%
- 5Y*
- 5.18%
- 10Y*
- 13.45%
- ALL TIME*
- 14.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.36B | $1.41B | $1.61B | |
| $876.08M | $910.59M | $1.03B |
GE vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 15.57% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | -2.73% | 54.00% | -55.39% | -42.92% |
NEE NextEra Energy, Inc. | 11.08% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between GE and NEE is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.24 |
The correlation between GE and NEE shifts across timeframes, from 0.08 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GE:
$368.38B
NEE:
$183.40B
GE:
$8.48
NEE:
$5.96
GE:
41.87
NEE:
14.75
GE:
0.01
NEE:
0.75
GE:
7.41
NEE:
4.73
GE:
$50.68B
NEE:
$29.02B
GE:
$17.96B
NEE:
$14.68B
GE:
$11.56B
NEE:
$16.73B
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Return for Risk
GE vs. NEE — Risk / Return Rank
GE
NEE
GE vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) 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.
| GE | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 1.90 | -0.43 |
| Martin ratioReturn relative to average drawdown | 3.86 | 4.81 | -0.95 |
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Drawdowns
GE vs. NEE - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for GE and NEE.
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Drawdown Indicators
| GE | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.53% | -47.81% | -37.72% |
Max Drawdown (1Y)Largest decline over 1 year | -20.85% | -14.53% | -6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -21.36% | -31.19% | +9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -44.94% | -44.97% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -80.94% | -44.97% | -35.97% |
Current DrawdownCurrent decline from peak | -6.24% | -9.51% | +3.27% |
Average DrawdownAverage peak-to-trough decline | -25.74% | -8.93% | -16.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.90% | 5.72% | +2.18% |
Volatility
GE vs. NEE - Volatility Comparison
General Electric Company (GE) has a higher volatility of 8.88% compared to NextEra Energy, Inc. (NEE) at 4.76%. This indicates that GE'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
| GE | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.88% | 4.76% | +4.12% |
Volatility (6M)Calculated over the trailing 6-month period | 25.93% | 16.58% | +9.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.15% | 21.95% | +10.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.97% | 26.91% | +4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.44% | 25.48% | +10.96% |
Dividends
GE vs. NEE - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.47%, less than NEE's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.47% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
NEE NextEra Energy, Inc. | 2.71% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
GE vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between General Electric Company 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
GE vs. NEE - Profitability Comparison
GE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, General Electric Company reported a gross profit of 4.68B and revenue of 13.35B. Therefore, the gross margin over that period was 35.0%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 7.53B. Therefore, the gross margin over that period was 0.0%.
GE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, General Electric Company reported an operating income of 2.37B and revenue of 13.35B, resulting in an operating margin of 17.8%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NextEra Energy, Inc. reported an operating income of 2.24B and revenue of 7.53B, resulting in an operating margin of 29.7%.
GE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, General Electric Company reported a net income of 2.37B and revenue of 13.35B, resulting in a net margin of 17.8%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NextEra Energy, Inc. reported a net income of 3.14B and revenue of 7.53B, resulting in a net margin of 41.7%.
Frequently Asked Questions
GE and NEE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GE has higher volatility (8.88%) compared to NEE (4.76%). In terms of maximum drawdown, GE dropped -85.53% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (1.26 vs 0.95), 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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