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NEE vs. FSLR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NEEFSLR
YTD Return5.98%-2.80%
1Y Return-12.59%-20.27%
3Y Return (Ann)-2.53%25.06%
5Y Return (Ann)8.19%26.02%
10Y Return (Ann)13.33%9.34%
Sharpe Ratio-0.46-0.40
Daily Std Dev27.86%50.55%
Max Drawdown-47.81%-96.22%
Current Drawdown-27.59%-46.18%

Fundamentals


NEEFSLR
Market Cap$126.80B$16.38B
EPS$3.60$7.74
PE Ratio17.1619.81
PEG Ratio2.560.34
Revenue (TTM)$28.11B$3.32B
Gross Profit (TTM)$10.14B$127.66M
EBITDA (TTM)$16.23B$1.19B

Correlation

0.23
-1.001.00

The correlation between NEE and FSLR is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

NEE vs. FSLR - Performance Comparison

In the year-to-date period, NEE achieves a 5.98% return, which is significantly higher than FSLR's -2.80% return. Over the past 10 years, NEE has outperformed FSLR with an annualized return of 13.33%, while FSLR has yielded a comparatively lower 9.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


450.00%500.00%550.00%600.00%650.00%700.00%OctoberNovemberDecember2024FebruaryMarch
711.42%
576.84%
NEE
FSLR

Compare stocks, funds, or ETFs


NextEra Energy, Inc.

First Solar, Inc.

Risk-Adjusted Performance

NEE vs. FSLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and First Solar, Inc. (FSLR). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
NEE
NextEra Energy, Inc.
-0.46
FSLR
First Solar, Inc.
-0.40

NEE vs. FSLR - Sharpe Ratio Comparison

The current NEE Sharpe Ratio is -0.46, which roughly equals the FSLR Sharpe Ratio of -0.40. The chart below compares the 12-month rolling Sharpe Ratio of NEE and FSLR.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50OctoberNovemberDecember2024FebruaryMarch
-0.46
-0.40
NEE
FSLR

Dividends

NEE vs. FSLR - Dividend Comparison

NEE's dividend yield for the trailing twelve months is around 3.01%, while FSLR has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
NEE
NextEra Energy, Inc.
3.01%3.08%2.03%1.65%1.81%2.06%2.55%2.52%2.91%2.96%2.73%3.08%
FSLR
First Solar, 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%

Drawdowns

NEE vs. FSLR - Drawdown Comparison

The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum FSLR drawdown of -96.22%. The drawdown chart below compares losses from any high point along the way for NEE and FSLR


-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%OctoberNovemberDecember2024FebruaryMarch
-27.59%
-46.18%
NEE
FSLR

Volatility

NEE vs. FSLR - Volatility Comparison

The current volatility for NextEra Energy, Inc. (NEE) is 7.14%, while First Solar, Inc. (FSLR) has a volatility of 12.54%. This indicates that NEE experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%OctoberNovemberDecember2024FebruaryMarch
7.14%
12.54%
NEE
FSLR