XEL vs. FR
XEL (Xcel Energy Inc.) and FR (First Industrial Realty Trust, Inc.) are both stocks. XEL operates in Utilities - Regulated Electric (Utilities), while FR operates in REIT - Industrial (Real Estate). Over the past 10 years, XEL returned 9.60%/yr vs 11.71%/yr for FR. At a 0.32 correlation, their price movements are largely independent.
Performance
XEL vs. FR - Performance Comparison
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Returns By Period
In the year-to-date period, XEL achieves a 10.02% return, which is significantly lower than FR's 15.43% return. Over the past 10 years, XEL has underperformed FR with an annualized return of 9.60%, while FR has yielded a comparatively higher 11.71% annualized return.
XEL
- 1D
- 1.32%
- 1M
- 3.06%
- 6M
- 9.43%
- YTD
- 10.02%
- 1Y
- 20.27%
- 3Y*
- 11.99%
- 5Y*
- 6.77%
- 10Y*
- 9.60%
FR
- 1D
- 0.18%
- 1M
- 4.36%
- 6M
- 11.64%
- YTD
- 15.43%
- 1Y
- 35.94%
- 3Y*
- 9.78%
- 5Y*
- 6.67%
- 10Y*
- 11.71%
XEL vs. FR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XEL Xcel Energy Inc. | 10.02% | 13.89% | 12.32% | -8.67% | 6.44% | 4.40% | 7.77% | 32.37% | 5.88% | 21.91% |
FR First Industrial Realty Trust, Inc. | 15.43% | 18.17% | -2.01% | 11.91% | -25.37% | 60.33% | 4.24% | 47.37% | -5.61% | 15.50% |
Correlation
The correlation between XEL and FR is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 1994 | 0.32 |
The correlation between XEL and FR shifts across timeframes, from 0.27 (1 year) to 0.42 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
XEL:
$49.98B
FR:
$8.62B
XEL:
$3.48
FR:
$4.02
XEL:
23.04
FR:
16.17
XEL:
3.26
FR:
7.71
XEL:
$14.78B
FR:
$744.49M
XEL:
$1.88B
FR:
$450.27M
XEL:
$6.26B
FR:
$506.99M
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Return for Risk
XEL vs. FR — Risk / Return Rank
XEL
FR
XEL vs. FR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xcel Energy Inc. (XEL) and First Industrial Realty Trust, Inc. (FR). 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.
| XEL | FR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 3.62 | -1.82 |
| Martin ratioReturn relative to average drawdown | 4.56 | 11.32 | -6.76 |
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Drawdowns
XEL vs. FR - Drawdown Comparison
The maximum XEL drawdown since its inception was -80.64%, smaller than the maximum FR drawdown of -95.42%. Use the drawdown chart below to compare losses from any high point for XEL and FR.
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Drawdown Indicators
| XEL | FR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.64% | -95.42% | +14.78% |
Max Drawdown (1Y)Largest decline over 1 year | -11.50% | -10.24% | -1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -25.42% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -34.41% | -35.95% | +1.54% |
Max Drawdown (10Y)Largest decline over 10 years | -34.41% | -41.12% | +6.71% |
Current DrawdownCurrent decline from peak | -3.16% | 0.00% | -3.16% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -25.28% | +13.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 3.27% | +1.25% |
Volatility
XEL vs. FR - Volatility Comparison
Xcel Energy Inc. (XEL) and First Industrial Realty Trust, Inc. (FR) have volatilities of 6.14% and 6.30%, 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
| XEL | FR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.14% | 6.30% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 14.64% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.51% | 20.14% | -0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.87% | 22.91% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.74% | 24.39% | -2.65% |
Dividends
XEL vs. FR - Dividend Comparison
XEL's dividend yield for the trailing twelve months is around 2.90%, which matches FR's 2.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FR First Industrial Realty Trust, Inc. | 2.91% | 3.11% | 2.95% | 2.43% | 2.45% | 1.63% | 2.37% | 2.22% | 3.01% | 2.67% | 2.71% | 2.30% |
XEL Xcel Energy Inc. | 2.90% | 3.83% | 2.43% | 3.36% | 2.78% | 2.70% | 2.58% | 2.55% | 3.09% | 2.99% | 3.34% | 3.56% |
Financials
XEL vs. FR - Financials Comparison
This section allows you to compare key financial metrics between Xcel Energy Inc. and First Industrial Realty Trust, 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
XEL vs. FR - Profitability Comparison
XEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Xcel Energy Inc. reported a gross profit of 0.00 and revenue of 4.02B. Therefore, the gross margin over that period was 0.0%.
FR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, First Industrial Realty Trust, Inc. reported a gross profit of 141.21M and revenue of 194.83M. Therefore, the gross margin over that period was 72.5%.
XEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Xcel Energy Inc. reported an operating income of 754.00M and revenue of 4.02B, resulting in an operating margin of 18.8%.
FR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, First Industrial Realty Trust, Inc. reported an operating income of 118.24M and revenue of 194.83M, resulting in an operating margin of 60.7%.
XEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Xcel Energy Inc. reported a net income of 556.00M and revenue of 4.02B, resulting in a net margin of 13.8%.
FR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, First Industrial Realty Trust, Inc. reported a net income of 155.84M and revenue of 194.83M, resulting in a net margin of 80.0%.
Frequently Asked Questions
XEL and FR have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FR has higher volatility (6.30%) compared to XEL (6.14%). In terms of maximum drawdown, XEL dropped -80.64% vs FR's -95.42%.
FR currently has the higher Sharpe Ratio (1.85 vs 1.06), 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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