NEE vs. VOO
Compare and contrast key facts about NextEra Energy, Inc. (NEE) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEE or VOO.
Correlation
The correlation between NEE and VOO is 0.40, 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. VOO - Performance Comparison
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Key characteristics
NEE:
-0.11
VOO:
0.52
NEE:
0.21
VOO:
0.89
NEE:
1.03
VOO:
1.13
NEE:
0.02
VOO:
0.57
NEE:
0.04
VOO:
2.18
NEE:
12.22%
VOO:
4.85%
NEE:
28.38%
VOO:
19.11%
NEE:
-47.81%
VOO:
-33.99%
NEE:
-17.94%
VOO:
-7.67%
Returns By Period
In the year-to-date period, NEE achieves a -1.12% return, which is significantly higher than VOO's -3.41% return. Over the past 10 years, NEE has outperformed VOO with an annualized return of 13.79%, while VOO has yielded a comparatively lower 12.42% annualized return.
NEE
-1.12%
5.38%
-7.28%
-2.03%
6.91%
13.79%
VOO
-3.41%
7.59%
-5.06%
9.79%
15.86%
12.42%
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Risk-Adjusted Performance
NEE vs. VOO — Risk-Adjusted Performance Rank
NEE
VOO
NEE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
NEE vs. VOO - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 3.00%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 3.00% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
NEE vs. VOO - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NEE and VOO. For additional features, visit the drawdowns tool.
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Volatility
NEE vs. VOO - Volatility Comparison
NextEra Energy, Inc. (NEE) has a higher volatility of 7.95% compared to Vanguard S&P 500 ETF (VOO) at 6.83%. This indicates that NEE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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