NEE vs. T

Last updated Jul 21, 2026

NEE (NextEra Energy, Inc.) and T (AT&T Inc.) are both stocks. NEE operates in Utilities - Regulated Electric (Utilities), while T operates in Telecom Services (Communication Services). Over the past 10 years, NEE returned 13.35%/yr vs 2.10%/yr for T. At a 0.35 correlation, their price movements are largely independent.

Performance

NEE vs. T - Performance Comparison

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

Returns By Period

In the year-to-date period, NEE achieves a 11.17% return, which is significantly higher than T's -7.04% return. Over the past 10 years, NEE has outperformed T with an annualized return of 13.35%, while T has yielded a comparatively lower 2.10% annualized return.

NEE

• 1D: -0.90%
• 1M: 1.44%
• 6M: 6.72%
• YTD: 11.17%
• 1Y: 19.22%
• 3Y*: 8.20%
• 5Y*: 5.75%
• 10Y*: 13.35%
• ALL TIME*: 14.41%

T

• 1D: 0.64%
• 1M: 2.62%
• 6M: -2.84%
• YTD: -7.04%
• 1Y: -13.37%
• 3Y*: 20.93%
• 5Y*: 7.13%
• 10Y*: 2.10%
• ALL TIME*: 9.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NEE vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEE NextEra Energy, Inc.	11.17%	15.47%	21.46%	-25.30%	-8.54%	23.39%	30.06%	42.69%	14.30%	34.39%
T AT&T Inc.	-7.04%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%

Correlation

The correlation between NEE and T is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003	0.35

The correlation between NEE and T shifts across timeframes, from 0.21 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NEE : $183.53B T : $152.52B
EPS NEE : $5.91 T : $3.05
PE Ratio NEE : 14.88 T : 7.19
PEG Ratio NEE : 0.76 T : 0.30
PS Ratio NEE : 4.36 T : 1.25
Total Revenue (TTM) NEE : $27.93B T : $125.65B
Gross Profit (TTM) NEE : $13.35B T : $105.41B
EBITDA (TTM) NEE : $14.56B T : $54.70B

Return for Risk

NEE vs. T — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEE

NEE Risk / Return Rank: 70
NEE Sharpe Ratio Rank: 72
NEE Sortino Ratio Rank: 66
NEE Omega Ratio Rank: 66
NEE Calmar Ratio Rank: 72
NEE Martin Ratio Rank: 72

T

T Risk / Return Rank: 22
T Sharpe Ratio Rank: 19
T Sortino Ratio Rank: 19
T Omega Ratio Rank: 20
T Calmar Ratio Rank: 29
T Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEE vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and AT&T Inc. (T). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NEE	T	Difference
Sharpe ratio: Return per unit of total volatility	0.85	-0.57	+1.41
Sortino ratio: Return per unit of downside risk	1.29	-0.67	+1.96
Omega ratio: Gain probability vs. loss probability	1.17	0.92	+0.25
Calmar ratio: Return relative to maximum drawdown	1.33	-0.46	+1.79
Martin ratio: Return relative to average drawdown	3.22	-1.03	+4.26

NEE vs. T - Sharpe Ratio Comparison

The current NEE Sharpe Ratio is 0.85, which is higher than the T Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of NEE and T, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NEE vs. T - Drawdown Comparison

The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for NEE and T.

Drawdown Indicators

	NEE	T	Difference
Max Drawdown Largest peak-to-trough decline	-47.81%	-64.15%	+16.34%
Max Drawdown (1Y) Largest decline over 1 year	-14.53%	-28.89%	+14.36%
Max Drawdown (3Y) Largest decline over 3 years	-34.57%	-28.89%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	-44.97%	-32.01%	-12.96%
Max Drawdown (10Y) Largest decline over 10 years	-44.97%	-42.35%	-2.62%
Current Drawdown Current decline from peak	-9.44%	-21.57%	+12.13%
Average Drawdown Average peak-to-trough decline	-8.93%	-15.74%	+6.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.98%	12.94%	-6.96%

Volatility

NEE vs. T - Volatility Comparison

The current volatility for NextEra Energy, Inc. (NEE) is 4.78%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that NEE experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEE	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	9.59%	-4.81%
Volatility (6M) Calculated over the trailing 6-month period	16.70%	19.91%	-3.21%
Volatility (1Y) Calculated over the trailing 1-year period	22.86%	23.72%	-0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.92%	24.38%	+2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.49%	23.92%	+1.57%

Dividends

NEE vs. T - Dividend Comparison

NEE's dividend yield for the trailing twelve months is around 2.70%, less than T's 6.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEE NextEra Energy, Inc.	2.70%	2.82%	2.87%	3.08%	2.03%	1.65%	1.81%	2.06%	2.55%	2.52%	2.91%	2.96%
T AT&T Inc.	6.58%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%

Financials

Frequently Asked Questions

Can I hold both NEE and T in my portfolio?

NEE and T have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NEE or T?

T has higher volatility (9.59%) compared to NEE (4.78%). In terms of maximum drawdown, NEE dropped -47.81% vs T's -64.15%.

Which has better risk-adjusted returns?

NEE currently has the higher Sharpe Ratio (0.85 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.