NEE vs. MAIN
Compare and contrast key facts about NextEra Energy, Inc. (NEE) and Main Street Capital Corporation (MAIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEE or MAIN.
Key characteristics
| NEE | MAIN | |
|---|---|---|
| YTD Return | 6.35% | 12.30% |
| 1Y Return | -16.40% | 28.26% |
| 3Y Return (Ann) | -4.82% | 12.06% |
| 5Y Return (Ann) | 8.71% | 12.56% |
| 10Y Return (Ann) | 13.13% | 12.58% |
| Sharpe Ratio | -0.56 | 2.33 |
| Daily Std Dev | 28.22% | 12.66% |
| Max Drawdown | -47.81% | -64.53% |
| Current Drawdown | -27.34% | -1.19% |
Fundamentals
| NEE | MAIN | |
|---|---|---|
| Market Cap | $131.17B | $4.02B |
| EPS | $3.60 | $5.23 |
| PE Ratio | 17.75 | 9.05 |
| PEG Ratio | 2.65 | 2.09 |
| Revenue (TTM) | $28.11B | $500.38M |
| Gross Profit (TTM) | $10.14B | $376.86M |
Correlation
The correlation between NEE and MAIN 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. MAIN - Performance Comparison
In the year-to-date period, NEE achieves a 6.35% return, which is significantly lower than MAIN's 12.30% return. Both investments have delivered pretty close results over the past 10 years, with NEE having a 13.13% annualized return and MAIN not far behind at 12.58%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NEE vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and Main Street Capital Corporation (MAIN). 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. MAIN - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 3.00%, less than MAIN's 8.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 3.00% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
MAIN Main Street Capital Corporation | 8.22% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% | 8.18% |
Drawdowns
NEE vs. MAIN - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for NEE and MAIN. For additional features, visit the drawdowns tool.
Volatility
NEE vs. MAIN - Volatility Comparison
NextEra Energy, Inc. (NEE) has a higher volatility of 7.34% compared to Main Street Capital Corporation (MAIN) at 3.05%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.