PNW vs. NEE
Compare and contrast key facts about Pinnacle West Capital Corporation (PNW) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNW or NEE.
Correlation
The correlation between PNW and NEE is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PNW vs. NEE - Performance Comparison
Key characteristics
PNW:
1.17
NEE:
0.66
PNW:
1.71
NEE:
0.99
PNW:
1.21
NEE:
1.13
PNW:
0.93
NEE:
0.44
PNW:
5.81
NEE:
2.46
PNW:
3.75%
NEE:
6.75%
PNW:
18.62%
NEE:
25.35%
PNW:
-79.18%
NEE:
-47.81%
PNW:
-10.50%
NEE:
-19.24%
Fundamentals
PNW:
$9.79B
NEE:
$148.62B
PNW:
$5.32
NEE:
$3.37
PNW:
16.18
NEE:
21.45
PNW:
3.07
NEE:
2.94
PNW:
$5.02B
NEE:
$26.29B
PNW:
$1.72B
NEE:
$14.94B
PNW:
$1.98B
NEE:
$15.46B
Returns By Period
In the year-to-date period, PNW achieves a 23.21% return, which is significantly higher than NEE's 18.21% return. Over the past 10 years, PNW has underperformed NEE with an annualized return of 6.30%, while NEE has yielded a comparatively higher 13.05% annualized return.
PNW
23.21%
-6.98%
14.43%
25.14%
3.16%
6.30%
NEE
18.21%
-8.88%
-2.44%
19.99%
5.29%
13.05%
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Risk-Adjusted Performance
PNW vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinnacle West Capital Corporation (PNW) 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
PNW vs. NEE - Dividend Comparison
PNW's dividend yield for the trailing twelve months is around 4.18%, more than NEE's 2.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNW Pinnacle West Capital Corporation | 4.18% | 4.84% | 4.49% | 4.73% | 3.98% | 3.33% | 3.31% | 3.12% | 3.24% | 3.74% | 3.37% | 4.16% |
NEE NextEra Energy, Inc. | 2.95% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% | 3.08% |
Drawdowns
PNW vs. NEE - Drawdown Comparison
The maximum PNW drawdown since its inception was -79.18%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for PNW and NEE. For additional features, visit the drawdowns tool.
Volatility
PNW vs. NEE - Volatility Comparison
Pinnacle West Capital Corporation (PNW) has a higher volatility of 5.18% compared to NextEra Energy, Inc. (NEE) at 4.64%. This indicates that PNW's price experiences larger fluctuations and is considered to be riskier than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PNW vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Pinnacle West Capital Corporation 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