WTRG vs. NEE

Last updated Jun 3, 2026

WTRG (Essential Utilities, Inc.) and NEE (NextEra Energy, Inc.) are both stocks. Both are in the Utilities sector — WTRG in Utilities - Regulated Water, NEE in Utilities - Regulated Electric. Over the past 10 years, WTRG returned 3.79%/yr vs 13.68%/yr for NEE. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

WTRG vs. NEE - Performance Comparison

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

Returns By Period

In the year-to-date period, WTRG achieves a -1.65% return, which is significantly lower than NEE's 7.45% return. Over the past 10 years, WTRG has underperformed NEE with an annualized return of 3.79%, while NEE has yielded a comparatively higher 13.68% annualized return.

WTRG

• 1D: 2.18%
• 1M: -1.71%
• YTD: -1.65%
• 6M: -2.89%
• 1Y: -0.41%
• 3Y*: 0.11%
• 5Y*: -1.79%
• 10Y*: 3.79%

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)

WTRG vs. NEE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTRG Essential Utilities, Inc.	-1.65%	9.40%	0.52%	-19.40%	-8.94%	16.05%	2.92%	40.43%	-10.66%	33.77%
NEE NextEra Energy, Inc.	7.45%	15.47%	21.46%	-25.30%	-8.54%	23.39%	30.06%	42.69%	14.30%	34.39%

Correlation

The correlation between WTRG and NEE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 13, 2003	0.51

Over the past year, the correlation between WTRG and NEE has dropped to 0.30 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

Fundamentals

EPS WTRG : $1.97 NEE : $5.27
PE Ratio WTRG : 18.79 NEE : 16.26
PEG Ratio WTRG : 2.64 NEE : 0.83
PS Ratio WTRG : 4.10 NEE : 4.76
Total Revenue (TTM) WTRG : $2.55B NEE : $27.93B
Gross Profit (TTM) WTRG : $862.18M NEE : $13.35B
EBITDA (TTM) WTRG : $1.23B NEE : $14.56B

Return for Risk

WTRG vs. NEE — Risk / Return Rank

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

WTRG

WTRG Risk / Return Rank: 36
WTRG Sharpe Ratio Rank: 39
WTRG Sortino Ratio Rank: 33
WTRG Omega Ratio Rank: 32
WTRG Calmar Ratio Rank: 38
WTRG Martin Ratio Rank: 39

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.

WTRG vs. NEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essential Utilities, Inc. (WTRG) 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.

	WTRG	NEE	Difference
Sharpe ratio Return per unit of total volatility	-0.02	1.05	-1.07
Sortino ratio Return per unit of downside risk	0.12	1.56	-1.43
Omega ratio Gain probability vs. loss probability	1.01	1.20	-0.19
Calmar ratio Return relative to maximum drawdown	-0.03	1.71	-1.74
Martin ratio Return relative to average drawdown	-0.06	5.24	-5.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTRG vs. NEE - Sharpe Ratio Comparison

The current WTRG Sharpe Ratio is -0.02, which is lower than the NEE Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of WTRG and NEE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTRG	NEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	1.05	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.23	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.54	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.62	-0.15

Drawdowns

WTRG vs. NEE - Drawdown Comparison

The maximum WTRG drawdown since its inception was -47.95%, roughly equal to the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for WTRG and NEE.

Drawdown Indicators

	WTRG	NEE	Difference
Max Drawdown Largest peak-to-trough decline	-47.95%	-47.81%	-0.14%
Max Drawdown (1Y) Largest decline over 1 year	-12.16%	-14.53%	+2.37%
Max Drawdown (3Y) Largest decline over 3 years	-23.80%	-34.57%	+10.77%
Max Drawdown (5Y) Largest decline over 5 years	-36.53%	-44.97%	+8.44%
Max Drawdown (10Y) Largest decline over 10 years	-39.62%	-44.97%	+5.35%
Current Drawdown Current decline from peak	-20.62%	-12.46%	-8.16%
Average Drawdown Average peak-to-trough decline	-12.14%	-8.92%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	4.75%	+0.80%

Volatility

WTRG vs. NEE - Volatility Comparison

The current volatility for Essential Utilities, Inc. (WTRG) is 5.08%, while NextEra Energy, Inc. (NEE) has a volatility of 8.33%. This indicates that WTRG experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTRG	NEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	8.33%	-3.25%
Volatility (6M) Calculated over the trailing 6-month period	15.26%	17.09%	-1.83%
Volatility (1Y) Calculated over the trailing 1-year period	20.94%	23.77%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.38%	26.89%	-4.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.86%	25.48%	-0.62%

Dividends

WTRG vs. NEE - Dividend Comparison

WTRG's dividend yield for the trailing twelve months is around 3.70%, more than NEE's 2.05% yield.

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%
WTRG Essential Utilities, Inc.	3.70%	3.48%	3.48%	3.18%	2.33%	1.93%	2.05%	1.93%	2.48%	2.02%	2.46%	2.30%

Financials

WTRG vs. NEE - Profitability Comparison

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

WTRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a gross profit of 0.00 and revenue of 861.76M. Therefore, the gross margin over that period was 0.0%.

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%.

WTRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported an operating income of 310.64M and revenue of 861.76M, resulting in an operating margin of 36.1%.

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%.

WTRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a net income of 224.39M and revenue of 861.76M, resulting in a net margin of 26.0%.

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 WTRG and NEE in my portfolio?

WTRG and NEE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTRG or NEE?

NEE has higher volatility (8.33%) compared to WTRG (5.08%). In terms of maximum drawdown, WTRG dropped -47.95% vs NEE's -47.81%.

Which has better risk-adjusted returns?

NEE currently has the higher Sharpe Ratio (1.05 vs -0.02), 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.