ITUB vs. NEE
ITUB (Itaú Unibanco Holding S.A.) and NEE (NextEra Energy, Inc.) are both stocks. ITUB operates in Banks - Regional (Financial Services), while NEE operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, ITUB returned 18.25%/yr vs 13.51%/yr for NEE. At a 0.24 correlation, their price movements are largely independent.
Performance
ITUB vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, ITUB achieves a 12.88% return, which is significantly higher than NEE's 8.63% return. Over the past 10 years, ITUB has outperformed NEE with an annualized return of 18.25%, while NEE has yielded a comparatively lower 13.51% annualized return.
ITUB
- 1D
- 1.01%
- 1M
- 1.83%
- YTD
- 12.88%
- 6M
- 13.72%
- 1Y
- 35.09%
- 3Y*
- 26.58%
- 5Y*
- 23.47%
- 10Y*
- 18.25%
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%
ITUB vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITUB Itaú Unibanco Holding S.A. | 12.88% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
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 ITUB 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 | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.24 |
The correlation between ITUB and NEE shifts across timeframes, from 0.07 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ITUB:
R$4.00
NEE:
$5.27
ITUB:
10.19
NEE:
16.32
ITUB:
1.01
NEE:
0.83
ITUB:
1.21
NEE:
4.78
ITUB:
R$384.43B
NEE:
$27.93B
ITUB:
R$131.20B
NEE:
$13.35B
ITUB:
R$54.38B
NEE:
$14.56B
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Return for Risk
ITUB vs. NEE — Risk / Return Rank
ITUB
NEE
ITUB vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Itaú Unibanco Holding S.A. (ITUB) 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.
| ITUB | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.17 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.37 | +0.27 |
| Martin ratioReturn relative to average drawdown | 4.32 | 3.78 | +0.54 |
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Drawdowns
ITUB vs. NEE - Drawdown Comparison
The maximum ITUB drawdown since its inception was -69.35%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for ITUB and NEE.
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Drawdown Indicators
| ITUB | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.35% | -47.81% | -21.54% |
Max Drawdown (1Y)Largest decline over 1 year | -21.53% | -14.53% | -7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -28.17% | -34.57% | +6.40% |
Max Drawdown (5Y)Largest decline over 5 years | -31.59% | -44.97% | +13.38% |
Max Drawdown (10Y)Largest decline over 10 years | -61.96% | -44.97% | -16.99% |
Current DrawdownCurrent decline from peak | -15.62% | -11.50% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -21.01% | -8.93% | -12.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.14% | 5.25% | +2.89% |
Volatility
ITUB vs. NEE - Volatility Comparison
Itaú Unibanco Holding S.A. (ITUB) has a higher volatility of 9.45% compared to NextEra Energy, Inc. (NEE) at 8.52%. This indicates that ITUB'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
| ITUB | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.45% | 8.52% | +0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 25.03% | 16.75% | +8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.11% | 23.78% | +7.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.91% | 26.91% | +7.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.44% | 25.49% | +12.95% |
Dividends
ITUB vs. NEE - Dividend Comparison
ITUB's dividend yield for the trailing twelve months is around 7.27%, more than NEE's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITUB Itaú Unibanco Holding S.A. | 7.27% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
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
ITUB vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Itaú Unibanco Holding S.A. 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
ITUB vs. NEE - Profitability Comparison
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
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%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
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%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
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
ITUB 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.
ITUB has higher volatility (9.45%) compared to NEE (8.52%). In terms of maximum drawdown, ITUB dropped -69.35% vs NEE's -47.81%.
ITUB currently has the higher Sharpe Ratio (1.13 vs 0.84), 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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