VLTO vs. NEE

Last updated Jun 3, 2026

VLTO (Veralto Corporation) and NEE (NextEra Energy, Inc.) are both stocks. VLTO operates in Pollution & Treatment Controls (Industrials), while NEE operates in Utilities - Regulated Electric (Utilities). At a correlation of -0.50, they often move in opposite directions.

Performance

VLTO vs. NEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Veralto Corporation (VLTO) and NextEra Energy, Inc. (NEE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VLTO

• 1D: -1.40%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEE

• 1D: 2.41%
• 1M: -11.62%
• YTD: 7.45%
• 6M: 1.99%
• 1Y: 24.76%
• 3Y*: 7.96%
• 5Y*: 6.03%
• 10Y*: 13.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VLTO vs. NEE - Yearly Performance Comparison

	2026 (YTD)
VLTO Veralto Corporation	-1.26%
NEE NextEra Energy, Inc.	-1.80%

Correlation

The correlation between VLTO and NEE is -0.50, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.50

Fundamentals

EPS VLTO : $3.88 NEE : $5.27
PE Ratio VLTO : 21.27 NEE : 16.26
PEG Ratio VLTO : 9.77 NEE : 0.83
PS Ratio VLTO : 3.69 NEE : 4.76
Total Revenue (TTM) VLTO : $5.59B NEE : $27.93B
Gross Profit (TTM) VLTO : $3.35B NEE : $13.35B
EBITDA (TTM) VLTO : $1.37B NEE : $14.56B

Return for Risk

VLTO vs. NEE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEE

NEE Risk / Return Rank: 70
NEE Sharpe Ratio Rank: 72
NEE Sortino Ratio Rank: 66
NEE Omega Ratio Rank: 65
NEE Calmar Ratio Rank: 71
NEE Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VLTO vs. NEE - Risk-Adjusted Trends 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VLTO	NEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	-2.81	0.62	-3.43

Drawdowns

VLTO vs. NEE - Drawdown Comparison

The maximum VLTO drawdown since its inception was -1.50%, 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.

Drawdown Indicators

	VLTO	NEE	Difference
Max Drawdown Largest peak-to-trough decline	-1.50%	-47.81%	+46.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.97%	—
Current Drawdown Current decline from peak	-1.40%	-12.46%	+11.06%
Average Drawdown Average peak-to-trough decline	-0.97%	-8.92%	+7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.75%	—

Volatility

Volatility by Period

	VLTO	NEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.56%	23.77%	+4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.56%	26.89%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.56%	25.48%	+3.08%

Dividends

VLTO vs. NEE - Dividend Comparison

VLTO has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEE NextEra Energy, Inc.	2.05%	2.82%	2.87%	3.08%	2.03%	1.65%	1.81%	2.06%	2.55%	2.52%	2.91%	2.96%
VLTO Veralto Corporation	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

VLTO vs. NEE - Profitability Comparison

The chart below illustrates the profitability comparison between Veralto Corporation and NextEra Energy, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VLTO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported a gross profit of 854.00M and revenue of 1.42B. Therefore, the gross margin over that period was 60.1%.

NEE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a gross profit of 0.00 and revenue of 6.70B. Therefore, the gross margin over that period was 0.0%.

VLTO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported an operating income of 338.00M and revenue of 1.42B, resulting in an operating margin of 23.8%.

NEE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported an operating income of 2.21B and revenue of 6.70B, resulting in an operating margin of 33.0%.

VLTO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported a net income of 254.00M and revenue of 1.42B, resulting in a net margin of 17.9%.

NEE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NextEra Energy, Inc. reported a net income of 2.18B and revenue of 6.70B, resulting in a net margin of 32.6%.

Frequently Asked Questions

Can I hold both VLTO and NEE in my portfolio?

VLTO and NEE have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.