PAA vs. NEE
Compare and contrast key facts about Plains All American Pipeline, L.P. (PAA) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAA or NEE.
Correlation
The correlation between PAA and NEE is 0.18, 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
PAA vs. NEE - Performance Comparison
Key characteristics
PAA:
0.69
NEE:
0.68
PAA:
1.08
NEE:
1.05
PAA:
1.13
NEE:
1.13
PAA:
0.38
NEE:
0.60
PAA:
2.76
NEE:
1.74
PAA:
5.84%
NEE:
10.32%
PAA:
23.41%
NEE:
26.48%
PAA:
-91.99%
NEE:
-47.81%
PAA:
-28.89%
NEE:
-15.80%
Fundamentals
PAA:
$14.27B
NEE:
$144.98B
PAA:
$0.73
NEE:
$3.37
PAA:
27.78
NEE:
20.91
PAA:
2.27
NEE:
2.70
PAA:
$38.13B
NEE:
$19.07B
PAA:
$13.13B
NEE:
$10.10B
PAA:
$1.29B
NEE:
$9.72B
Returns By Period
In the year-to-date period, PAA achieves a 14.73% return, which is significantly higher than NEE's 1.46% return. Over the past 10 years, PAA has underperformed NEE with an annualized return of -1.63%, while NEE has yielded a comparatively higher 13.48% annualized return.
PAA
14.73%
-0.31%
13.36%
13.90%
41.42%
-1.63%
NEE
1.46%
1.82%
-13.91%
18.58%
8.02%
13.48%
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Risk-Adjusted Performance
PAA vs. NEE — Risk-Adjusted Performance Rank
PAA
NEE
PAA vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plains All American Pipeline, L.P. (PAA) and NextEra Energy, Inc. (NEE). 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
PAA vs. NEE - Dividend Comparison
PAA's dividend yield for the trailing twelve months is around 6.93%, more than NEE's 2.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAA Plains All American Pipeline, L.P. | 6.93% | 7.44% | 7.06% | 7.08% | 7.71% | 13.11% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% | 4.97% |
NEE NextEra Energy, Inc. | 2.93% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
PAA vs. NEE - Drawdown Comparison
The maximum PAA drawdown since its inception was -91.99%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for PAA and NEE. For additional features, visit the drawdowns tool.
Volatility
PAA vs. NEE - Volatility Comparison
The current volatility for Plains All American Pipeline, L.P. (PAA) is 7.40%, while NextEra Energy, Inc. (NEE) has a volatility of 8.67%. This indicates that PAA experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PAA vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Plains All American Pipeline, L.P. and NextEra 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