NextEra Energy, Inc. vs Energy Select Sector SPDR Fund — how do they compare? NextEra Energy, Inc. trades at $87.97 (market cap $183.53B), while Energy Select Sector SPDR Fund trades at $58.46. The key difference: NextEra Energy, Inc. pays a 2.83% dividend while Energy Select Sector SPDR Fund pays none, and Energy Select Sector SPDR Fund is trading nearer its 52-week high, NextEra Energy, Inc. nearer its low. Which is the better fit depends on your goals.
| NEE | XLE | |
|---|---|---|
Market Cap | $183.53B | — |
Sector | Utilities | — |
52-Week High | $97.88 | $62.57 |
52-Week Low | $69.77 | $42.12 |
Enterprise Value | $285.94B | — |
Dividend Yield | 2.83% | — |
Trailing returns across standard periods
Latest headlines on both assets
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
Read more on XLE →