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NEE vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NEE vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NextEra Energy, Inc. (NEE) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
1.99%
11.66%
NEE
SPY

Returns By Period

In the year-to-date period, NEE achieves a 28.57% return, which is significantly higher than SPY's 24.91% return. Over the past 10 years, NEE has outperformed SPY with an annualized return of 14.34%, while SPY has yielded a comparatively lower 13.04% annualized return.


NEE

YTD

28.57%

1M

-9.47%

6M

1.99%

1Y

37.22%

5Y (annualized)

7.88%

10Y (annualized)

14.34%

SPY

YTD

24.91%

1M

0.61%

6M

11.66%

1Y

32.24%

5Y (annualized)

15.43%

10Y (annualized)

13.04%

Key characteristics


NEESPY
Sharpe Ratio1.522.67
Sortino Ratio1.973.56
Omega Ratio1.271.50
Calmar Ratio1.033.85
Martin Ratio6.7117.38
Ulcer Index5.83%1.86%
Daily Std Dev25.79%12.17%
Max Drawdown-47.81%-55.19%
Current Drawdown-12.16%-1.77%

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Correlation

-0.50.00.51.00.4

The correlation between NEE and SPY is 0.44, 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.

Risk-Adjusted Performance

NEE vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for NEE, currently valued at 1.52, compared to the broader market-4.00-2.000.002.004.001.522.67
The chart of Sortino ratio for NEE, currently valued at 1.97, compared to the broader market-4.00-2.000.002.004.001.973.56
The chart of Omega ratio for NEE, currently valued at 1.27, compared to the broader market0.501.001.502.001.271.50
The chart of Calmar ratio for NEE, currently valued at 1.03, compared to the broader market0.002.004.006.001.033.85
The chart of Martin ratio for NEE, currently valued at 6.71, compared to the broader market-10.000.0010.0020.0030.006.7117.38
NEE
SPY

The current NEE Sharpe Ratio is 1.52, which is lower than the SPY Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of NEE and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.52
2.67
NEE
SPY

Dividends

NEE vs. SPY - Dividend Comparison

NEE's dividend yield for the trailing twelve months is around 2.63%, more than SPY's 1.19% yield.


TTM20232022202120202019201820172016201520142013
NEE
NextEra Energy, Inc.
2.63%3.08%2.03%1.65%1.81%2.06%2.55%2.52%2.91%2.96%2.73%3.08%
SPY
SPDR S&P 500 ETF
1.19%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

NEE vs. SPY - Drawdown Comparison

The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NEE and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.16%
-1.77%
NEE
SPY

Volatility

NEE vs. SPY - Volatility Comparison

NextEra Energy, Inc. (NEE) has a higher volatility of 9.42% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
9.42%
4.08%
NEE
SPY