REFR vs. NEE
REFR (Research Frontiers Incorporated) and NEE (NextEra Energy, Inc.) are both stocks. REFR operates in Electronic Components (Technology), while NEE operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, REFR returned -15.38%/yr vs 13.85%/yr for NEE. At a 0.09 correlation, their price movements are largely independent.
Performance
REFR vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, REFR achieves a -43.66% return, which is significantly lower than NEE's 8.44% return. Over the past 10 years, REFR has underperformed NEE with an annualized return of -15.38%, while NEE has yielded a comparatively higher 13.85% annualized return.
REFR
- 1D
- -1.60%
- 1M
- -15.75%
- YTD
- -43.66%
- 6M
- -54.44%
- 1Y
- -63.47%
- 3Y*
- -24.13%
- 5Y*
- -21.96%
- 10Y*
- -15.38%
NEE
- 1D
- 0.92%
- 1M
- -9.35%
- YTD
- 8.44%
- 6M
- 4.73%
- 1Y
- 23.53%
- 3Y*
- 8.52%
- 5Y*
- 6.24%
- 10Y*
- 13.85%
REFR vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REFR Research Frontiers Incorporated | -43.66% | -23.39% | 69.31% | -47.12% | 11.05% | -38.79% | -6.64% | 92.95% | 50.00% | -42.86% |
NEE NextEra Energy, Inc. | 8.44% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between REFR and NEE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2003 | 0.09 |
Fundamentals
REFR:
-$0.07
NEE:
$5.27
REFR:
44.40
NEE:
4.77
REFR:
$561.47K
NEE:
$27.93B
REFR:
$561.47K
NEE:
$13.35B
REFR:
-$1.75M
NEE:
$14.56B
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Return for Risk
REFR vs. NEE — Risk / Return Rank
REFR
NEE
REFR vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Research Frontiers Incorporated (REFR) 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.
| REFR | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.19 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 1.63 | -2.55 |
| Martin ratioReturn relative to average drawdown | -1.49 | 4.77 | -6.26 |
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
| REFR | NEE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | 1.00 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | 0.23 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | 0.55 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.62 | -0.73 |
Drawdowns
REFR vs. NEE - Drawdown Comparison
The maximum REFR drawdown since its inception was -98.46%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for REFR and NEE.
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Drawdown Indicators
| REFR | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.46% | -47.81% | -50.65% |
Max Drawdown (1Y)Largest decline over 1 year | -68.73% | -14.53% | -54.20% |
Max Drawdown (3Y)Largest decline over 3 years | -68.73% | -34.57% | -34.16% |
Max Drawdown (5Y)Largest decline over 5 years | -74.37% | -44.97% | -29.40% |
Max Drawdown (10Y)Largest decline over 10 years | -86.43% | -44.97% | -41.46% |
Current DrawdownCurrent decline from peak | -98.09% | -11.66% | -86.43% |
Average DrawdownAverage peak-to-trough decline | -76.45% | -8.92% | -67.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.66% | 4.94% | +37.72% |
Volatility
REFR vs. NEE - Volatility Comparison
Research Frontiers Incorporated (REFR) has a higher volatility of 12.87% compared to NextEra Energy, Inc. (NEE) at 8.52%. This indicates that REFR'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.
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Volatility by Period
| REFR | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.87% | 8.52% | +4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 44.67% | 17.10% | +27.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.38% | 23.77% | +50.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.65% | 26.90% | +41.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.48% | 25.48% | +48.00% |
Dividends
REFR vs. NEE - Dividend Comparison
REFR has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 2.77% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
REFR Research Frontiers Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
REFR vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Research Frontiers Incorporated 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
Frequently Asked Questions
REFR and NEE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REFR has higher volatility (12.87%) compared to NEE (8.52%). In terms of maximum drawdown, REFR dropped -98.46% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (1.00 vs -0.86), 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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