NEP vs. XEL
Compare and contrast key facts about NextEra Energy Partners, LP (NEP) and Xcel Energy Inc. (XEL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEP or XEL.
Correlation
The correlation between NEP and XEL is 0.31, 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. XEL - Performance Comparison
Key characteristics
Fundamentals
NEP:
$985.85M
XEL:
$39.01B
NEP:
-$0.10
XEL:
$3.44
NEP:
3.64
XEL:
2.66
NEP:
$959.00M
XEL:
$9.81B
NEP:
$439.00M
XEL:
$2.98B
NEP:
$407.00M
XEL:
$4.11B
Returns By Period
NEP
N/A
N/A
N/A
N/A
N/A
N/A
XEL
2.23%
0.67%
8.31%
31.39%
6.01%
10.50%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NEP vs. XEL — Risk-Adjusted Performance Rank
NEP
XEL
NEP vs. XEL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextEra Energy Partners, LP (NEP) and Xcel Energy Inc. (XEL). 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. XEL - Dividend Comparison
NEP has not paid dividends to shareholders, while XEL's dividend yield for the trailing twelve months is around 3.26%.
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% |
XEL Xcel Energy Inc. | 3.26% | 2.43% | 3.36% | 2.78% | 2.71% | 2.58% | 2.55% | 3.09% | 2.99% | 3.34% | 3.56% | 3.34% |
Drawdowns
NEP vs. XEL - Drawdown Comparison
Volatility
NEP vs. XEL - Volatility Comparison
The current volatility for NextEra Energy Partners, LP (NEP) is 0.00%, while Xcel Energy Inc. (XEL) has a volatility of 7.94%. This indicates that NEP experiences smaller price fluctuations and is considered to be less risky than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEP vs. XEL - Financials Comparison
This section allows you to compare key financial metrics between NextEra Energy Partners, LP and Xcel Energy 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