NEE vs. BKLN
NEE (NextEra Energy, Inc.) is a stock, while BKLN (Invesco Senior Loan ETF) is Bank Loan fund tracking the Morningstar LSTA US Leveraged Loan 100 Index. Over the past 10 years, NEE returned 13.58%/yr vs 4.22%/yr for BKLN. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
NEE vs. BKLN - Performance Comparison
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Returns By Period
In the year-to-date period, NEE achieves a 10.16% return, which is significantly higher than BKLN's 0.95% return. Over the past 10 years, NEE has outperformed BKLN with an annualized return of 13.58%, while BKLN has yielded a comparatively lower 4.22% annualized return.
NEE
- 1D
- 0.75%
- 1M
- -1.29%
- 6M
- -0.43%
- YTD
- 10.16%
- 1Y
- 27.21%
- 3Y*
- 11.26%
- 5Y*
- 4.32%
- 10Y*
- 13.58%
- ALL TIME*
- 14.34%
BKLN
- 1D
- 0.10%
- 1M
- 1.03%
- 6M
- 1.84%
- YTD
- 0.95%
- 1Y
- 4.24%
- 3Y*
- 7.00%
- 5Y*
- 5.43%
- 10Y*
- 4.22%
- ALL TIME*
- 3.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $132.42M | $122.29M | $170.37M | |
| $974.86M | $918.81M | $1.05B |
NEE vs. BKLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 10.16% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
BKLN Invesco Senior Loan ETF | 0.95% | 6.88% | 8.21% | 12.53% | -2.51% | 2.32% | 1.32% | 10.03% | -1.32% | 2.13% |
Correlation
The correlation between NEE and BKLN 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. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2011 | 0.21 |
The correlation between NEE and BKLN shifts across timeframes, from -0.08 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
NEE vs. BKLN — Risk / Return Rank
NEE
BKLN
NEE vs. BKLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and Invesco Senior Loan ETF (BKLN). 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.
| NEE | BKLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.35 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.39 | +0.49 |
| Martin ratioReturn relative to average drawdown | 4.68 | 5.36 | -0.68 |
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Drawdowns
NEE vs. BKLN - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, which is greater than BKLN's maximum drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for NEE and BKLN.
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Drawdown Indicators
| NEE | BKLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.81% | -24.17% | -23.64% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -3.07% | -11.46% |
Max Drawdown (3Y)Largest decline over 3 years | -28.81% | -3.55% | -25.26% |
Max Drawdown (5Y)Largest decline over 5 years | -44.97% | -7.31% | -37.66% |
Max Drawdown (10Y)Largest decline over 10 years | -44.97% | -24.17% | -20.80% |
Current DrawdownCurrent decline from peak | -10.26% | 0.00% | -10.26% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -1.08% | -7.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 0.79% | +5.04% |
Volatility
NEE vs. BKLN - Volatility Comparison
NextEra Energy, Inc. (NEE) has a higher volatility of 3.96% compared to Invesco Senior Loan ETF (BKLN) at 0.34%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEE | BKLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 0.34% | +3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.52% | 2.53% | +13.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.93% | 2.77% | +19.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.91% | 4.47% | +22.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.49% | 6.42% | +19.07% |
Dividends
NEE vs. BKLN - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 2.73%, less than BKLN's 6.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | 6.51% | 6.95% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.52% | 3.50% | 4.54% | 4.12% |
NEE NextEra Energy, Inc. | 2.73% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Frequently Asked Questions
NEE and BKLN 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.
NEE has higher volatility (3.96%) compared to BKLN (0.34%). In terms of maximum drawdown, NEE dropped -47.81% vs BKLN's -24.17%.
BKLN currently has the higher Sharpe Ratio (1.54 vs 1.25), 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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