NEE vs. CAH
NEE (NextEra Energy, Inc.) and CAH (Cardinal Health, Inc.) are both stocks. NEE operates in Utilities - Regulated Electric (Utilities), while CAH operates in Medical Distribution (Healthcare). Over the past 10 years, NEE returned 13.49%/yr vs 14.13%/yr for CAH. At a 0.23 correlation, their price movements are largely independent.
Performance
NEE vs. CAH - Performance Comparison
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Returns By Period
In the year-to-date period, NEE achieves a 7.18% return, which is significantly lower than CAH's 8.15% return. Both investments have delivered pretty close results over the past 10 years, with NEE having a 13.49% annualized return and CAH not far ahead at 14.13%.
NEE
- 1D
- -0.33%
- 1M
- -9.65%
- YTD
- 7.18%
- 6M
- 5.95%
- 1Y
- 19.58%
- 3Y*
- 7.80%
- 5Y*
- 5.65%
- 10Y*
- 13.49%
CAH
- 1D
- 2.25%
- 1M
- 21.14%
- YTD
- 8.15%
- 6M
- 12.07%
- 1Y
- 45.67%
- 3Y*
- 38.65%
- 5Y*
- 33.15%
- 10Y*
- 14.13%
NEE vs. CAH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 7.18% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
CAH Cardinal Health, Inc. | 8.15% | 76.25% | 19.01% | 34.15% | 54.08% | -0.40% | 10.09% | 18.04% | -24.50% | -12.65% |
Correlation
The correlation between NEE and CAH is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.23 |
The correlation between NEE and CAH shifts across timeframes, from 0.07 (3 years) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NEE:
$5.27
CAH:
$6.55
NEE:
16.10
CAH:
33.76
NEE:
0.82
CAH:
0.80
NEE:
4.72
CAH:
0.21
NEE:
$27.93B
CAH:
$250.55B
NEE:
$13.35B
CAH:
$9.23B
NEE:
$14.56B
CAH:
$2.79B
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Return for Risk
NEE vs. CAH — Risk / Return Rank
NEE
CAH
NEE vs. CAH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and Cardinal Health, Inc. (CAH). 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 | CAH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.25 | -0.89 |
| Martin ratioReturn relative to average drawdown | 3.77 | 5.91 | -2.14 |
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Drawdowns
NEE vs. CAH - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum CAH drawdown of -61.93%. Use the drawdown chart below to compare losses from any high point for NEE and CAH.
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Drawdown Indicators
| NEE | CAH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.81% | -61.93% | +14.12% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -20.42% | +5.89% |
Max Drawdown (3Y)Largest decline over 3 years | -34.57% | -20.42% | -14.15% |
Max Drawdown (5Y)Largest decline over 5 years | -44.97% | -22.80% | -22.17% |
Max Drawdown (10Y)Largest decline over 10 years | -44.97% | -46.13% | +1.16% |
Current DrawdownCurrent decline from peak | -12.69% | -3.56% | -9.13% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -15.94% | +7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.20% | 7.75% | -2.55% |
Volatility
NEE vs. CAH - Volatility Comparison
NextEra Energy, Inc. (NEE) has a higher volatility of 8.35% compared to Cardinal Health, Inc. (CAH) at 7.28%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than CAH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEE | CAH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 7.28% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 16.82% | 20.29% | -3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.75% | 30.28% | -6.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.92% | 25.25% | +1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.49% | 29.26% | -3.77% |
Dividends
NEE vs. CAH - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 2.80%, more than CAH's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAH Cardinal Health, Inc. | 0.92% | 0.99% | 1.28% | 1.98% | 2.57% | 3.80% | 3.62% | 3.80% | 4.24% | 3.00% | 2.41% | 1.68% |
NEE NextEra Energy, Inc. | 2.80% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
NEE vs. CAH - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy, Inc. and Cardinal Health, 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
NEE vs. CAH - Profitability Comparison
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%.
CAH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported a gross profit of 2.50B and revenue of 60.94B. Therefore, the gross margin over that period was 4.1%.
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%.
CAH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported an operating income of 509.00M and revenue of 60.94B, resulting in an operating margin of 0.8%.
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%.
CAH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cardinal Health, Inc. reported a net income of 399.00M and revenue of 60.94B, resulting in a net margin of 0.7%.
Frequently Asked Questions
NEE and CAH have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEE has higher volatility (8.35%) compared to CAH (7.28%). In terms of maximum drawdown, NEE dropped -47.81% vs CAH's -61.93%.
CAH currently has the higher Sharpe Ratio (1.52 vs 0.83), 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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