VLTO vs. NEE
Compare and contrast key facts about Veralto Corporation (VLTO) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLTO or NEE.
Correlation
The correlation between VLTO and NEE is 0.28, 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
VLTO vs. NEE - Performance Comparison
Key characteristics
VLTO:
0.16
NEE:
0.37
VLTO:
0.37
NEE:
0.67
VLTO:
1.05
NEE:
1.09
VLTO:
0.14
NEE:
0.34
VLTO:
0.42
NEE:
0.94
VLTO:
8.27%
NEE:
10.97%
VLTO:
21.88%
NEE:
28.17%
VLTO:
-24.73%
NEE:
-47.81%
VLTO:
-20.55%
NEE:
-21.03%
Fundamentals
VLTO:
$22.49B
NEE:
$139.28B
VLTO:
$3.34
NEE:
$3.37
VLTO:
27.15
NEE:
20.08
VLTO:
4.33
NEE:
5.63
VLTO:
11.04
NEE:
2.78
VLTO:
$3.95B
NEE:
$19.07B
VLTO:
$2.35B
NEE:
$10.10B
VLTO:
$956.00M
NEE:
$9.72B
Returns By Period
In the year-to-date period, VLTO achieves a -11.47% return, which is significantly lower than NEE's -4.84% return.
VLTO
-11.47%
-7.95%
-20.04%
0.62%
N/A
N/A
NEE
-4.84%
-8.01%
-17.05%
10.86%
5.17%
13.02%
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Risk-Adjusted Performance
VLTO vs. NEE — Risk-Adjusted Performance Rank
VLTO
NEE
VLTO vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veralto Corporation (VLTO) 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
VLTO vs. NEE - Dividend Comparison
VLTO's dividend yield for the trailing twelve months is around 0.44%, less than NEE's 3.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLTO Veralto Corporation | 0.44% | 0.37% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEE NextEra Energy, Inc. | 3.12% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
VLTO vs. NEE - Drawdown Comparison
The maximum VLTO drawdown since its inception was -24.73%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for VLTO and NEE. For additional features, visit the drawdowns tool.
Volatility
VLTO vs. NEE - Volatility Comparison
Veralto Corporation (VLTO) and NextEra Energy, Inc. (NEE) have volatilities of 11.40% and 11.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
VLTO vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Veralto 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