NEE vs. FSLR
Compare and contrast key facts about NextEra Energy, Inc. (NEE) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEE or FSLR.
Correlation
The correlation between NEE and FSLR is 0.24, 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
Key characteristics
NEE:
1.01
FSLR:
0.18
NEE:
1.40
FSLR:
0.67
NEE:
1.19
FSLR:
1.08
NEE:
0.68
FSLR:
0.17
NEE:
3.69
FSLR:
0.42
NEE:
6.94%
FSLR:
21.95%
NEE:
25.35%
FSLR:
52.51%
NEE:
-47.81%
FSLR:
-96.22%
NEE:
-15.60%
FSLR:
-40.15%
Fundamentals
NEE:
$148.62B
FSLR:
$20.16B
NEE:
$3.37
FSLR:
$11.62
NEE:
21.45
FSLR:
16.20
NEE:
2.94
FSLR:
0.28
NEE:
$26.29B
FSLR:
$3.85B
NEE:
$14.94B
FSLR:
$1.79B
NEE:
$15.46B
FSLR:
$1.74B
Returns By Period
In the year-to-date period, NEE achieves a 23.53% return, which is significantly higher than FSLR's 8.09% return. Over the past 10 years, NEE has underperformed FSLR with an annualized return of 13.20%, while FSLR has yielded a comparatively higher 15.46% annualized return.
NEE
23.53%
-4.07%
1.22%
25.58%
6.29%
13.20%
FSLR
8.09%
0.09%
-27.47%
9.28%
26.06%
15.46%
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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.
Dividends
NEE vs. FSLR - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 2.83%, while FSLR has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NextEra Energy, Inc. | 2.83% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
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%. Use the drawdown chart below to compare losses from any high point for NEE and FSLR. For additional features, visit the drawdowns tool.
Volatility
NEE vs. FSLR - Volatility Comparison
The current volatility for NextEra Energy, Inc. (NEE) is 5.70%, while First Solar, Inc. (FSLR) has a volatility of 12.37%. 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.
Financials
NEE vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy, Inc. and First Solar, 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