NEP vs. ED
Compare and contrast key facts about NextEra Energy Partners, LP (NEP) and Consolidated Edison, Inc. (ED).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEP or ED.
Correlation
The correlation between NEP and ED is 0.28, 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
NEP vs. ED - Performance Comparison
Key characteristics
Fundamentals
NEP:
$985.85M
ED:
$38.60B
NEP:
-$0.10
ED:
$5.24
NEP:
3.64
ED:
8.67
NEP:
$959.00M
ED:
$10.98B
NEP:
$439.00M
ED:
$6.23B
NEP:
$407.00M
ED:
$3.75B
Returns By Period
NEP
N/A
N/A
N/A
N/A
N/A
N/A
ED
23.61%
5.48%
7.85%
26.19%
10.51%
10.12%
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Risk-Adjusted Performance
NEP vs. ED — Risk-Adjusted Performance Rank
NEP
ED
NEP vs. ED - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy Partners, LP (NEP) and Consolidated Edison, Inc. (ED). 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
NEP vs. ED - Dividend Comparison
NEP has not paid dividends to shareholders, while ED's dividend yield for the trailing twelve months is around 3.06%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEP NextEra Energy Partners, LP | 25.76% | 20.20% | 11.10% | 4.27% | 3.08% | 3.37% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
ED Consolidated Edison, Inc. | 3.06% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% | 3.82% |
Drawdowns
NEP vs. ED - Drawdown Comparison
Volatility
NEP vs. ED - Volatility Comparison
The current volatility for NextEra Energy Partners, LP (NEP) is 0.00%, while Consolidated Edison, Inc. (ED) has a volatility of 7.74%. This indicates that NEP experiences smaller price fluctuations and is considered to be less risky than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEP vs. ED - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy Partners, LP and Consolidated Edison, 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