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NEE vs. NEP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


NEENEP
YTD Return18.56%-3.61%
1Y Return1.46%-48.05%
3Y Return (Ann)-0.70%-23.56%
5Y Return (Ann)8.73%-6.62%
10Y Return (Ann)14.05%2.26%
Sharpe Ratio0.02-0.79
Daily Std Dev30.12%60.47%
Max Drawdown-47.81%-74.49%
Current Drawdown-19.00%-62.55%

Fundamentals


NEENEP
Market Cap$147.72B$2.62B
EPS$3.66$1.32
PE Ratio19.6421.24
PEG Ratio2.613.64
Total Revenue (TTM)$19.78B$856.00M
Gross Profit (TTM)$12.24B$202.00M
EBITDA (TTM)$10.39B$480.00M

Correlation

-0.50.00.51.00.5

The correlation between NEE and NEP is 0.46, 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

In the year-to-date period, NEE achieves a 18.56% return, which is significantly higher than NEP's -3.61% return. Over the past 10 years, NEE has outperformed NEP with an annualized return of 14.05%, while NEP has yielded a comparatively lower 2.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%FebruaryMarchAprilMayJuneJuly
260.94%
34.77%
NEE
NEP

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NextEra Energy, Inc.

NextEra Energy Partners, LP

Risk-Adjusted Performance

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.


NEE
Sharpe ratio
The chart of Sharpe ratio for NEE, currently valued at 0.02, compared to the broader market-2.00-1.000.001.002.003.000.02
Sortino ratio
The chart of Sortino ratio for NEE, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.000.23
Omega ratio
The chart of Omega ratio for NEE, currently valued at 1.03, compared to the broader market0.501.001.502.001.03
Calmar ratio
The chart of Calmar ratio for NEE, currently valued at 0.01, compared to the broader market0.002.004.006.000.01
Martin ratio
The chart of Martin ratio for NEE, currently valued at 0.03, compared to the broader market-5.000.005.0010.0015.0020.0025.000.03
NEP
Sharpe ratio
The chart of Sharpe ratio for NEP, currently valued at -0.79, compared to the broader market-2.00-1.000.001.002.003.00-0.79
Sortino ratio
The chart of Sortino ratio for NEP, currently valued at -0.99, compared to the broader market-4.00-2.000.002.004.00-0.99
Omega ratio
The chart of Omega ratio for NEP, currently valued at 0.87, compared to the broader market0.501.001.502.000.87
Calmar ratio
The chart of Calmar ratio for NEP, currently valued at -0.64, compared to the broader market0.002.004.006.00-0.64
Martin ratio
The chart of Martin ratio for NEP, currently valued at -1.06, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.06

NEE vs. NEP - Sharpe Ratio Comparison

The current NEE Sharpe Ratio is 0.02, which is higher than the NEP Sharpe Ratio of -0.79. The chart below compares the 12-month rolling Sharpe Ratio of NEE and NEP.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50FebruaryMarchAprilMayJuneJuly
0.02
-0.79
NEE
NEP

Dividends

NEE vs. NEP - Dividend Comparison

NEE's dividend yield for the trailing twelve months is around 2.77%, less than NEP's 12.64% yield.


TTM20232022202120202019201820172016201520142013
NEE
NextEra Energy, Inc.
2.77%3.08%2.03%1.65%1.81%2.06%2.55%2.52%2.91%2.96%2.73%3.08%
NEP
NextEra Energy Partners, LP
12.64%11.10%4.27%3.08%3.37%3.74%3.98%3.46%5.08%3.03%0.56%0.00%

Drawdowns

NEE vs. NEP - Drawdown Comparison

The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum NEP drawdown of -74.49%. Use the drawdown chart below to compare losses from any high point for NEE and NEP. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%FebruaryMarchAprilMayJuneJuly
-19.00%
-62.55%
NEE
NEP

Volatility

NEE vs. NEP - Volatility Comparison

The current volatility for NextEra Energy, Inc. (NEE) is 10.38%, while NextEra Energy Partners, LP (NEP) has a volatility of 15.98%. This indicates that NEE experiences smaller price fluctuations and is considered to be less risky than NEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%FebruaryMarchAprilMayJuneJuly
10.38%
15.98%
NEE
NEP

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items