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NEE vs. IH2O.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NEE vs. IH2O.L

Last updated Jun 13, 2026

NEE (NextEra Energy, Inc.) is a stock, while IH2O.L (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water TR. Over the past 10 years, NEE returned 13.51%/yr vs 9.52%/yr for IH2O.L. At a 0.30 correlation, their price movements are largely independent.

Performance

NEE vs. IH2O.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NextEra Energy, Inc. (NEE) and iShares Global Water UCITS ETF (IH2O.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

NEE is traded in USD, while IH2O.L is traded in GBp. To make them comparable, the IH2O.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NEE achieves a 8.63% return, which is significantly higher than IH2O.L's -1.72% return. Over the past 10 years, NEE has outperformed IH2O.L with an annualized return of 13.51%, while IH2O.L has yielded a comparatively lower 9.52% annualized return.

NEE

1D
1.36%
1M
-7.22%
YTD
8.63%
6M
6.81%
1Y
18.32%
3Y*
8.11%
5Y*
5.94%
10Y*
13.51%

IH2O.L

1D
0.98%
1M
1.10%
YTD
-1.72%
6M
-1.10%
1Y
3.28%
3Y*
7.92%
5Y*
4.12%
10Y*
9.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEE vs. IH2O.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NEE
NextEra Energy, Inc.		8.63%15.47%21.46%-25.30%-8.54%23.39%30.06%42.69%14.30%34.39%
IH2O.L
iShares Global Water UCITS ETF		-1.72%18.03%4.26%12.99%-20.80%31.05%14.70%34.62%-10.76%26.68%

Correlation

The correlation between NEE and IH2O.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.28

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Jul 12, 2007

0.30

The correlation between NEE and IH2O.L shifts across timeframes, from 0.22 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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NextEra Energy, Inc.

iShares Global Water UCITS ETF

Often compared with NEE:
NEE vs. CEGNEE vs. DUKNEE vs. VSTNEE vs. FSLRNEE vs. NRGNEE vs. SPYNEE vs. BEPC
Often compared with IH2O.L:
IH2O.L vs. GLGG.LIH2O.L vs. FIWIH2O.L vs. PHOIH2O.L vs. IVVIH2O.L vs. IWQU.LIH2O.L vs. SLVR.DEIH2O.L vs. VT

Return for Risk

NEE vs. IH2O.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NEE
NEE Risk / Return Rank: 6868
Overall Rank
NEE Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
NEE Sortino Ratio Rank: 6363
Sortino Ratio Rank
NEE Omega Ratio Rank: 6363
Omega Ratio Rank
NEE Calmar Ratio Rank: 6969
Calmar Ratio Rank
NEE Martin Ratio Rank: 7373
Martin Ratio Rank
IH2O.L
IH2O.L Risk / Return Rank: 1414
Overall Rank
IH2O.L Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
IH2O.L Sortino Ratio Rank: 1313
Sortino Ratio Rank
IH2O.L Omega Ratio Rank: 1414
Omega Ratio Rank
IH2O.L Calmar Ratio Rank: 1414
Calmar Ratio Rank
IH2O.L Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEE vs. IH2O.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and iShares Global Water UCITS ETF (IH2O.L). 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.

NEEIH2O.LDifference
Sharpe ratioReturn per unit of total volatility
0.84
0.18

+0.66

Sortino ratioReturn per unit of downside risk
1.29
0.34

+0.96

Omega ratioGain probability vs. loss probability

1.17

1.04

+0.13

Calmar ratioReturn relative to maximum drawdown

1.37

0.22

+1.15

Martin ratioReturn relative to average drawdown

3.78

0.54

+3.24

NEE vs. IH2O.L - Sharpe Ratio Comparison

The current NEE Sharpe Ratio is 0.84, which is higher than the IH2O.L Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of NEE and IH2O.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

NEE vs. IH2O.L - Drawdown Comparison

The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum IH2O.L drawdown of -77.04%. Use the drawdown chart below to compare losses from any high point for NEE and IH2O.L.

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Drawdown Indicators

NEEIH2O.LDifference

Max Drawdown

Largest peak-to-trough decline

-47.81%

-77.04%

+29.23%

Max Drawdown (1Y)

Largest decline over 1 year

-14.53%

-10.67%

-3.86%

Max Drawdown (3Y)

Largest decline over 3 years

-34.57%

-16.25%

-18.32%

Max Drawdown (5Y)

Largest decline over 5 years

-44.97%

-32.45%

-12.52%

Max Drawdown (10Y)

Largest decline over 10 years

-44.97%

-34.94%

-10.03%

Current Drawdown

Current decline from peak

-11.50%

-9.35%

-2.15%

Average Drawdown

Average peak-to-trough decline

-8.93%

-30.54%

+21.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.25%

4.41%

+0.84%

Volatility

NEE vs. IH2O.L - Volatility Comparison

NextEra Energy, Inc. (NEE) has a higher volatility of 8.52% compared to iShares Global Water UCITS ETF (IH2O.L) at 4.03%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than IH2O.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NEEIH2O.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.52%

4.03%

+4.49%

Volatility (6M)

Calculated over the trailing 6-month period

16.75%

10.62%

+6.13%

Volatility (1Y)

Calculated over the trailing 1-year period

23.78%

13.41%

+10.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.91%

16.48%

+10.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.49%

16.61%

+8.88%

Dividends

NEE vs. IH2O.L - Dividend Comparison

NEE's dividend yield for the trailing twelve months is around 2.77%, more than IH2O.L's 1.43% yield.

PositionTTM20252024202320222021202020192018201720162015
IH2O.L
iShares Global Water UCITS ETF		1.43%1.35%1.05%1.21%1.11%1.67%1.00%1.43%1.77%1.52%1.62%1.61%
NEE
NextEra Energy, Inc.		2.77%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 IH2O.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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