TAC vs. NEE
TAC (TransAlta Corp) and NEE (NextEra Energy, Inc.) are both stocks. Both are in the Utilities sector — TAC in Utilities - Independent Power Producers, NEE in Utilities - Regulated Electric. Over the past 10 years, TAC returned 12.71%/yr vs 13.40%/yr for NEE. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
TAC vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, TAC achieves a -0.39% return, which is significantly lower than NEE's 9.81% return. Over the past 10 years, TAC has underperformed NEE with an annualized return of 12.71%, while NEE has yielded a comparatively higher 13.40% annualized return.
TAC
- 1D
- -2.80%
- 1M
- -7.20%
- 6M
- -1.48%
- YTD
- -0.39%
- 1Y
- 2.50%
- 3Y*
- 9.26%
- 5Y*
- 5.55%
- 10Y*
- 12.71%
- ALL TIME*
- 3.60%
NEE
- 1D
- -1.15%
- 1M
- -1.61%
- 6M
- 0.29%
- YTD
- 9.81%
- 1Y
- 27.04%
- 3Y*
- 9.58%
- 5Y*
- 4.94%
- 10Y*
- 13.40%
- ALL TIME*
- 14.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $904.33M | $924.07M | $1.03B | |
| $21.79M | $21.28M | $22.20M |
TAC vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAC TransAlta Corp | -0.39% | -9.24% | 73.96% | -5.50% | -18.03% | 48.90% | 8.06% | 77.05% | -29.03% | 11.23% |
NEE NextEra Energy, Inc. | 9.81% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between TAC and NEE is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.26 |
The correlation between TAC and NEE shifts across timeframes, from 0.11 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TAC:
$3.72B
NEE:
$181.30B
TAC:
-CA$0.57
NEE:
$5.96
TAC:
2.39
NEE:
4.67
TAC:
CA$2.21B
NEE:
$29.02B
TAC:
CA$889.52M
NEE:
$14.68B
TAC:
CA$511.31M
NEE:
$16.73B
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Return for Risk
TAC vs. NEE — Risk / Return Rank
TAC
NEE
TAC vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corp (TAC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TAC | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.22 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.79 | -1.63 |
| Martin ratioReturn relative to average drawdown | 0.25 | 4.51 | -4.26 |
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Drawdowns
TAC vs. NEE - Drawdown Comparison
The maximum TAC drawdown since its inception was -88.12%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for TAC and NEE.
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Drawdown Indicators
| TAC | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.12% | -47.81% | -40.31% |
Max Drawdown (1Y)Largest decline over 1 year | -33.10% | -14.53% | -18.57% |
Max Drawdown (3Y)Largest decline over 3 years | -43.26% | -28.81% | -14.45% |
Max Drawdown (5Y)Largest decline over 5 years | -46.55% | -44.97% | -1.58% |
Max Drawdown (10Y)Largest decline over 10 years | -55.11% | -44.97% | -10.14% |
Current DrawdownCurrent decline from peak | -28.95% | -10.55% | -18.40% |
Average DrawdownAverage peak-to-trough decline | -40.47% | -8.93% | -31.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.26% | 5.75% | +15.51% |
Volatility
TAC vs. NEE - Volatility Comparison
TransAlta Corp (TAC) has a higher volatility of 11.33% compared to NextEra Energy, Inc. (NEE) at 4.62%. This indicates that TAC'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
| TAC | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.33% | 4.62% | +6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 29.45% | 16.60% | +12.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.56% | 21.94% | +18.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.27% | 26.91% | +8.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.53% | 25.48% | +10.05% |
Dividends
TAC vs. NEE - Dividend Comparison
TAC's dividend yield for the trailing twelve months is around 1.54%, less than NEE's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 2.74% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
TAC TransAlta Corp | 1.54% | 1.44% | 1.24% | 2.13% | 1.76% | 1.38% | 1.69% | 1.68% | 3.20% | 2.69% | 2.74% | 20.34% |
Financials
TAC vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corp 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
TAC vs. NEE - Profitability Comparison
TAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, TransAlta Corp reported a gross profit of 243.63M and revenue of 566.46M. Therefore, the gross margin over that period was 43.0%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 7.53B. Therefore, the gross margin over that period was 0.0%.
TAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, TransAlta Corp reported an operating income of 24.06M and revenue of 566.46M, resulting in an operating margin of 4.3%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported an operating income of 2.24B and revenue of 7.53B, resulting in an operating margin of 29.7%.
TAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, TransAlta Corp reported a net income of 13.03M and revenue of 566.46M, resulting in a net margin of 2.3%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NextEra Energy, Inc. reported a net income of 3.14B and revenue of 7.53B, resulting in a net margin of 41.7%.
Frequently Asked Questions
TAC and NEE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TAC has higher volatility (11.33%) compared to NEE (4.62%). In terms of maximum drawdown, TAC dropped -88.12% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (1.18 vs 0.13), 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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