WTRG vs. NEE
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 3.64%/yr vs 13.71%/yr for NEE. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
WTRG vs. NEE - Performance Comparison
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Returns By Period
In the year-to-date period, WTRG achieves a -0.99% return, which is significantly lower than NEE's 9.45% return. Over the past 10 years, WTRG has underperformed NEE with an annualized return of 3.64%, while NEE has yielded a comparatively higher 13.71% annualized return.
WTRG
- 1D
- 1.66%
- 1M
- -0.40%
- YTD
- -0.99%
- 6M
- -1.17%
- 1Y
- 1.69%
- 3Y*
- 1.10%
- 5Y*
- -1.23%
- 10Y*
- 3.64%
NEE
- 1D
- 0.41%
- 1M
- -1.44%
- YTD
- 9.45%
- 6M
- 10.12%
- 1Y
- 26.03%
- 3Y*
- 8.47%
- 5Y*
- 6.28%
- 10Y*
- 13.71%
WTRG vs. NEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTRG Essential Utilities, Inc. | -0.99% | 9.40% | 0.52% | -19.40% | -8.94% | 16.05% | 2.92% | 40.43% | -10.66% | 33.77% |
NEE NextEra Energy, Inc. | 9.45% | 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 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
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 10, 2003 | 0.51 |
Over the past year, the correlation between WTRG and NEE has dropped to 0.31 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
Fundamentals
WTRG:
$1.97
NEE:
$5.27
WTRG:
18.92
NEE:
16.40
WTRG:
2.66
NEE:
0.83
WTRG:
4.13
NEE:
4.81
WTRG:
$2.55B
NEE:
$27.93B
WTRG:
$862.18M
NEE:
$13.35B
WTRG:
$1.23B
NEE:
$14.56B
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Return for Risk
WTRG vs. NEE — Risk / Return Rank
WTRG
NEE
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.
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.
| WTRG | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.21 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 1.80 | -1.66 |
| Martin ratioReturn relative to average drawdown | 0.29 | 4.81 | -4.53 |
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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.
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Drawdown Indicators
| WTRG | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -20.09% | -10.84% | -9.25% |
Average DrawdownAverage peak-to-trough decline | -12.15% | -8.93% | -3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 5.42% | +0.51% |
Volatility
WTRG vs. NEE - Volatility Comparison
Essential Utilities, Inc. (WTRG) and NextEra Energy, Inc. (NEE) have volatilities of 6.19% and 6.36%, 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.
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Volatility by Period
| WTRG | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 6.36% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.48% | 16.76% | -1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.14% | 23.59% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.32% | 26.91% | -4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.90% | 25.50% | -0.60% |
Dividends
WTRG vs. NEE - Dividend Comparison
WTRG's dividend yield for the trailing twelve months is around 3.67%, more than NEE's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEE NextEra Energy, Inc. | 2.99% | 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. | 3.67% | 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 - Financials Comparison
This section allows you to compare key financial metrics between Essential Utilities, 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
WTRG vs. NEE - Profitability Comparison
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
WTRG and NEE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEE has higher volatility (6.36%) compared to WTRG (6.19%). In terms of maximum drawdown, WTRG dropped -47.95% vs NEE's -47.81%.
NEE currently has the higher Sharpe Ratio (1.11 vs 0.08), 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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