Correlation
The correlation between SWX and NEE is 0.44, 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.
SWX vs. NEE
Compare and contrast key facts about Southwest Gas Holdings, Inc. (SWX) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWX or NEE.
Performance
SWX vs. NEE - Performance Comparison
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Key characteristics
SWX:
-0.05
NEE:
-0.24
SWX:
0.05
NEE:
-0.10
SWX:
1.01
NEE:
0.99
SWX:
-0.10
NEE:
-0.25
SWX:
-0.32
NEE:
-0.49
SWX:
6.89%
NEE:
12.79%
SWX:
25.24%
NEE:
29.67%
SWX:
-53.62%
NEE:
-47.81%
SWX:
-14.73%
NEE:
-17.56%
Fundamentals
SWX:
$5.37B
NEE:
$145.42B
SWX:
$3.12
NEE:
$2.73
SWX:
23.02
NEE:
25.88
SWX:
2.47
NEE:
2.67
SWX:
1.11
NEE:
5.75
SWX:
1.50
NEE:
2.92
SWX:
$4.83B
NEE:
$25.27B
SWX:
$1.06B
NEE:
$17.71B
SWX:
$1.02B
NEE:
$10.19B
Returns By Period
In the year-to-date period, SWX achieves a 3.34% return, which is significantly higher than NEE's -0.65% return. Over the past 10 years, SWX has underperformed NEE with an annualized return of 6.02%, while NEE has yielded a comparatively higher 13.49% annualized return.
SWX
3.34%
-1.10%
-6.51%
-4.22%
-4.83%
2.46%
6.02%
NEE
-0.65%
6.95%
-9.47%
-9.23%
0.19%
4.52%
13.49%
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Risk-Adjusted Performance
SWX vs. NEE — Risk-Adjusted Performance Rank
SWX
NEE
SWX vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Southwest Gas Holdings, Inc. (SWX) 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.
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Dividends
SWX vs. NEE - Dividend Comparison
SWX's dividend yield for the trailing twelve months is around 3.45%, more than NEE's 2.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWX Southwest Gas Holdings, Inc. | 3.45% | 3.51% | 3.91% | 3.97% | 3.36% | 3.71% | 2.84% | 2.69% | 2.40% | 2.29% | 2.86% | 2.31% |
NEE NextEra Energy, Inc. | 2.99% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
SWX vs. NEE - Drawdown Comparison
The maximum SWX drawdown since its inception was -53.62%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for SWX and NEE.
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Volatility
SWX vs. NEE - Volatility Comparison
Southwest Gas Holdings, Inc. (SWX) has a higher volatility of 11.84% compared to NextEra Energy, Inc. (NEE) at 11.14%. This indicates that SWX'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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Financials
SWX vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Southwest Gas Holdings, Inc. 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
SWX vs. NEE - Profitability Comparison
SWX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Southwest Gas Holdings, Inc. reported a gross profit of 352.10M and revenue of 1.30B. Therefore, the gross margin over that period was 27.2%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
SWX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Southwest Gas Holdings, Inc. reported an operating income of 200.42M and revenue of 1.30B, resulting in an operating margin of 15.5%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
SWX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Southwest Gas Holdings, Inc. reported a net income of 113.87M and revenue of 1.30B, resulting in a net margin of 8.8%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.