NXT vs AQNB
Comparison between Nextracker Inc - Class A (NXT, Company) and Algonquin Power & Utilities Corp (AQNB, Company).
NXT vs AQNB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
NXT
$20B
AQNB
$20B
Max Drawdown
NXT
48.61%
Winner
AQNB
43.48%
Sharpe Ratio
Winner
NXT
1.69
AQNB
1.01
5Y Beta
NXT
1.06
Winner
AQNB
0.08
Industry
NXT
Solar
AQNB
N/A
P/E Ratio
Winner
NXT
34.30
AQNB
110.49
Forward P/E
NXT
29.07
AQNB
N/A
PEG Ratio
NXT
1.29
AQNB
N/A
Dividend Yield
NXT
N/A
AQNB
5.50%
5Y Dividends CAGR
NXT
N/A
AQNB
11.26%
5Y EPS CAGR
NXT
N/A
AQNB
-9.80%
Debt to Equity
Winner
NXT
0.00%
AQNB
140.76%
Free Cash Flow Yield
NXT
2.56%
Winner
AQNB
2.97%
NXT vs AQNB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NXT
+17.70%
AQNB
+0.23%
3M
Winner
NXT
+30.51%
AQNB
+3.01%
6M
Winner
NXT
+49.72%
AQNB
+5.33%
1Y
Winner
NXT
+146.66%
AQNB
+10.34%
5Y(CAGR)
NXT
N/A
AQNB
+5.77%
Max(CAGR)
Winner
NXT
+57.85%
AQNB
+7.03%
NXT vs AQNB - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | NXT | AQNB |
|---|---|---|
| 2026 | +47.84% | +3.66% |
| 2025 | +120.53% | +9.53% |
| 2024 | -22.96% | +12.34% |
| 2023 | +53.81% | +19.23% |
| 2022 | N/A | -16.25% |
| 2021 | N/A | +3.22% |
| 2020 | N/A | +5.60% |
| 2019 | N/A | +14.34% |
NXT vs AQNB Drawdown Comparison
The maximum drawdown for NXT was -48.61%, occurring on Oct 24, 2024. Recovery took 313 trading sessions.
The maximum drawdown for AQNB was -42.58%, occurring on Mar 18, 2020. Recovery took 161 trading sessions.
The current NXT drawdown is -4.93%. The current AQNB drawdown is -1.14%.
| Rank | NXT | AQNB |
|---|---|---|
| #1 | -48.61% Feb 14, 2024 - May 15, 2025 | -42.58% Feb 7, 2020 - Sep 28, 2020 |
| #2 | -25.21% Jul 27, 2023 - Dec 14, 2023 | -18.66% Jul 8, 2021 - Nov 29, 2023 |
| #3 | -23.27% Nov 5, 2025 - Jan 28, 2026 | -5.05% Sep 29, 2020 - Nov 10, 2020 |
| #4 | -19.04% Jul 7, 2025 - Aug 18, 2025 | -4.86% Feb 9, 2021 - May 3, 2021 |
| #5 | -18.74% Feb 18, 2026 - Mar 24, 2026 | -4.18% Oct 25, 2019 - Dec 23, 2019 |
| #6 | -18.35% Mar 25, 2026 - May 13, 2026 | -3.82% Mar 21, 2025 - Jun 16, 2025 |
| #7 | -18.15% Mar 31, 2023 - May 12, 2023 | -3.63% Sep 27, 2024 - Feb 26, 2025 |
| #8 | -16.59% Dec 21, 2023 - Feb 1, 2024 | -3.62% Sep 4, 2019 - Oct 1, 2019 |
| #9 | -16.13% May 15, 2026 - May 21, 2026 | -3.15% Nov 17, 2020 - Feb 4, 2021 |
| #10 | -15.91% Mar 7, 2023 - Mar 30, 2023 | -2.90% Dec 27, 2023 - Jan 24, 2024 |
| #11 | -12.82% Jun 15, 2023 - Jul 27, 2023 | -2.78% May 3, 2021 - May 20, 2021 |
| #12 | -11.72% May 15, 2025 - Jul 3, 2025 | -2.72% Jul 3, 2025 - Sep 19, 2025 |
| #13 | -8.48% Feb 15, 2023 - Mar 3, 2023 | -2.33% Jul 12, 2024 - Sep 5, 2024 |
| #14 | -8.26% Sep 5, 2025 - Sep 18, 2025 | -1.80% Jun 14, 2021 - Jul 8, 2021 |
| #15 | -6.97% May 15, 2023 - Jun 2, 2023 | -1.65% Feb 26, 2025 - Mar 14, 2025 |
Correlation
Correlation between NXT and AQNB is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
0.79
-101
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