NextEra Energy, Inc. vs Utilities Select Sector SPDR Fund — how do they compare? NextEra Energy, Inc. trades at $87.93 (market cap $183.53B), while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: NextEra Energy, Inc. pays a 2.83% dividend while Utilities Select Sector SPDR Fund pays none. Which is the better fit depends on your goals.
| NEE | XLU | |
|---|---|---|
Market Cap | $183.53B | — |
Sector | Utilities | — |
52-Week High | $97.88 | $47.73 |
52-Week Low | $69.77 | $41.31 |
Enterprise Value | $285.94B | — |
Dividend Yield | 2.83% | — |
Trailing returns across standard periods
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 securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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