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.
Key characteristics
NEE | FSLR | |
---|---|---|
YTD Return | 5.98% | -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 Dev | 27.86% | 50.55% |
Max Drawdown | -47.81% | -96.22% |
Current Drawdown | -27.59% | -46.18% |
Fundamentals
NEE | FSLR | |
---|---|---|
Market Cap | $126.80B | $16.38B |
EPS | $3.60 | $7.74 |
PE Ratio | 17.16 | 19.81 |
PEG Ratio | 2.56 | 0.34 |
Revenue (TTM) | $28.11B | $3.32B |
Gross Profit (TTM) | $10.14B | $127.66M |
EBITDA (TTM) | $16.23B | $1.19B |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
NextEra Energy, Inc. | -0.46 | ||||
First Solar, Inc. | -0.40 |
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.