NEE vs. SEDG
Compare and contrast key facts about NextEra Energy, Inc. (NEE) and SolarEdge Technologies, Inc. (SEDG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEE or SEDG.
Key characteristics
| NEE | SEDG | |
|---|---|---|
| YTD Return | 9.99% | -39.35% |
| 1Y Return | -13.65% | -82.17% |
| 3Y Return (Ann) | -3.12% | -41.30% |
| 5Y Return (Ann) | 9.32% | 4.34% |
| Sharpe Ratio | -0.48 | -1.23 |
| Daily Std Dev | 28.29% | 66.63% |
| Max Drawdown | -47.81% | -85.20% |
| Current Drawdown | -24.85% | -84.59% |
Fundamentals
| NEE | SEDG | |
|---|---|---|
| Market Cap | $132.10B | $3.19B |
| EPS | $3.60 | $0.60 |
| PE Ratio | 17.86 | 93.00 |
| PEG Ratio | 2.61 | 4.61 |
| Revenue (TTM) | $28.11B | $2.98B |
| Gross Profit (TTM) | $10.14B | $844.65M |
| EBITDA (TTM) | $16.23B | $188.90M |
Correlation
The correlation between NEE and SEDG is 0.22, 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. SEDG - Performance Comparison
In the year-to-date period, NEE achieves a 9.99% return, which is significantly higher than SEDG's -39.35% return. 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. SEDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and SolarEdge Technologies, Inc. (SEDG). 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. SEDG - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 2.90%, while SEDG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 2.90% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
SEDG SolarEdge Technologies, 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. SEDG - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum SEDG drawdown of -85.20%. Use the drawdown chart below to compare losses from any high point for NEE and SEDG. For additional features, visit the drawdowns tool.
Volatility
NEE vs. SEDG - Volatility Comparison
The current volatility for NextEra Energy, Inc. (NEE) is 7.23%, while SolarEdge Technologies, Inc. (SEDG) has a volatility of 19.34%. This indicates that NEE experiences smaller price fluctuations and is considered to be less risky than SEDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEE vs. SEDG - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy, Inc. and SolarEdge Technologies, Inc.. 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