NEE vs. WMT
NEE (NextEra Energy, Inc.) and WMT (Walmart Inc.) are both stocks. NEE operates in Utilities - Regulated Electric (Utilities), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, NEE returned 13.35%/yr vs 19.62%/yr for WMT. At a 0.30 correlation, their price movements are largely independent.
Performance
NEE vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, NEE achieves a 6.13% return, which is significantly lower than WMT's 7.98% return. Over the past 10 years, NEE has underperformed WMT with an annualized return of 13.35%, while WMT has yielded a comparatively higher 19.62% annualized return.
NEE
- 1D
- -2.13%
- 1M
- -9.10%
- YTD
- 6.13%
- 6M
- 5.78%
- 1Y
- 19.79%
- 3Y*
- 7.41%
- 5Y*
- 5.75%
- 10Y*
- 13.35%
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
NEE vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 6.13% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between NEE and WMT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2003 | 0.30 |
The correlation between NEE and WMT shifts across timeframes, from 0.15 (3 years) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NEE:
$5.27
WMT:
$2.88
NEE:
15.94
WMT:
41.62
NEE:
0.81
WMT:
2.72
NEE:
4.67
WMT:
1.32
NEE:
$27.93B
WMT:
$725.31B
NEE:
$13.35B
WMT:
$181.16B
NEE:
$14.56B
WMT:
$44.32B
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Return for Risk
NEE vs. WMT — Risk / Return Rank
NEE
WMT
NEE vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy, Inc. (NEE) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.53 | -0.16 |
| Martin ratioReturn relative to average drawdown | 3.95 | 5.02 | -1.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEE | WMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.02 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 1.04 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.91 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.64 | -0.02 |
Drawdowns
NEE vs. WMT - Drawdown Comparison
The maximum NEE drawdown since its inception was -47.81%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for NEE and WMT.
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Drawdown Indicators
| NEE | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.81% | -77.14% | +29.33% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -15.75% | +1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -34.57% | -21.93% | -12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -44.97% | -25.74% | -19.23% |
Max Drawdown (10Y)Largest decline over 10 years | -44.97% | -25.74% | -19.23% |
Current DrawdownCurrent decline from peak | -13.54% | -10.71% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -8.92% | -14.63% | +5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 4.79% | +0.23% |
Volatility
NEE vs. WMT - Volatility Comparison
The current volatility for NextEra Energy, Inc. (NEE) is 8.52%, while Walmart Inc. (WMT) has a volatility of 10.26%. This indicates that NEE experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEE | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.52% | 10.26% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 17.13% | 18.59% | -1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.81% | 23.72% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.92% | 21.68% | +5.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.49% | 21.73% | +3.76% |
Dividends
NEE vs. WMT - Dividend Comparison
NEE's dividend yield for the trailing twelve months is around 2.83%, more than WMT's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 2.83% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
NEE vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy, Inc. and Walmart 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
NEE vs. WMT - Profitability Comparison
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 6.70B. Therefore, the gross margin over that period was 0.0%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported an operating income of 2.21B and revenue of 6.70B, resulting in an operating margin of 33.0%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a net income of 2.18B and revenue of 6.70B, resulting in a net margin of 32.6%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
NEE and WMT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (10.26%) compared to NEE (8.52%). In terms of maximum drawdown, NEE dropped -47.81% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.02 vs 0.84), 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.
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