NEE vs. NEP
Compare and contrast key facts about NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEE or NEP.
Correlation
The correlation between NEE and NEP is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NEE vs. NEP - Performance Comparison
Key characteristics
NEE:
0.46
NEP:
-0.66
NEE:
0.76
NEP:
-0.74
NEE:
1.10
NEP:
0.91
NEE:
0.31
NEP:
-0.40
NEE:
1.58
NEP:
-1.24
NEE:
7.47%
NEP:
24.87%
NEE:
25.77%
NEP:
46.89%
NEE:
-47.81%
NEP:
-76.65%
NEE:
-22.00%
NEP:
-73.43%
Fundamentals
NEE:
$144.83B
NEP:
$1.71B
NEE:
$3.37
NEP:
$0.61
NEE:
20.90
NEP:
29.93
NEE:
2.88
NEP:
3.64
NEE:
$19.41B
NEP:
$922.00M
NEE:
$10.53B
NEP:
$258.00M
NEE:
$11.85B
NEP:
$543.00M
Returns By Period
In the year-to-date period, NEE achieves a -6.01% return, which is significantly lower than NEP's 1.46% return. Over the past 10 years, NEE has outperformed NEP with an annualized return of 12.51%, while NEP has yielded a comparatively lower -2.70% annualized return.
NEE
-6.01%
-7.98%
-10.17%
13.60%
4.25%
12.51%
NEP
1.46%
2.38%
-31.54%
-28.00%
-14.36%
-2.70%
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Risk-Adjusted Performance
NEE vs. NEP — Risk-Adjusted Performance Rank
NEE
NEP
NEE vs. NEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP). 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. NEP - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 3.06%, less than NEP's 19.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 3.06% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
NEP NextEra Energy Partners, LP | 19.91% | 20.20% | 11.11% | 4.27% | 3.08% | 3.38% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
Drawdowns
NEE vs. NEP - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum NEP drawdown of -76.65%. Use the drawdown chart below to compare losses from any high point for NEE and NEP. For additional features, visit the drawdowns tool.
Volatility
NEE vs. NEP - Volatility Comparison
NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP) have volatilities of 6.56% and 6.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEE vs. NEP - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy, Inc. and NextEra Energy Partners, LP. 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