Overview Holdings Performance Similar Etfs Correlations

36 Stock and 64 ETF OILU (Bank of Montreal) alternatives

The most close OILU (Bank of Montreal) alternative is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is 1.

Stocks that highly correlated with OILU

Symbol	Name	Market cap	Sector	Industry	Correlation
COP	Conoco Phillips	$136B	Energy	Oil & Gas E&p	0.91
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	0.91
MGY	Magnolia Oil & Gas Corp - Class A	$4.90B	Energy	Oil & Gas E&p	0.90
CNQ	Canadian Natural Resources Ltd	$90B	Energy	Oil & Gas E&p	0.88
XOM	Exxon Mobil Corp	$604B	Energy	Oil & Gas Integrated	0.88
CVX	Chevron Corp	$360B	Energy	Oil & Gas Integrated	0.88
DVN	Devon Energy Corp	$53B	Energy	Oil & Gas E&p	0.88
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	0.87
FANG	Diamondback Energy Inc	$53B	Energy	Oil & Gas E&p	0.84
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	0.84
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	0.83
HAL	Halliburton Company	$30B	Energy	Oil & Gas Equipment & Services	0.82
REI	Ring Energy Inc	$255M	Energy	Oil & Gas E&p	0.82
MTDR	Matador Resources Company	$6.54B	Energy	Oil & Gas E&p	0.82
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	0.81
IMO	Imperial Oil Ltd	$58B	Energy	Oil & Gas Integrated	0.81
APA	APA Corporation	$12B	Energy	Oil & Gas E&p	0.81
TALO	Talos Energy Inc	$2.35B	Energy	Oil & Gas E&p	0.80
NOG	Northern Oil and Gas Inc	$2.15B	Energy	Oil & Gas E&p	0.79
CVE	Cenovus Energy Inc	$51B	Energy	Oil & Gas Integrated	0.79
MUR	Murphy Oil Corp	$4.97B	Energy	Oil & Gas E&p	0.79
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	0.78
NOV	NOV Inc	$6.99B	Energy	Oil & Gas Equipment & Services	0.78
BTE	Baytex Energy Corp	$3.09B	Energy	Oil & Gas E&p	0.77
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	0.77
GRNA	GreenLight Biosciences Inc	$45M	N/A	N/A	0.76
PDS	Precision Drilling Corp	$1.06B	Energy	Oil & Gas Drilling	0.76
VET	Vermilion Energy Inc	$1.50B	Energy	Oil & Gas E&p	0.76
VLO	Valero Energy Corp	$87B	Energy	Oil & Gas Refining & Marketing	0.76
NBR	Nabors Industries Ltd	$1.17B	Energy	Oil & Gas Drilling	0.75
CTRA	Coterra Energy Inc.	$25B	Energy	Oil & Gas E&p	0.74
KOS	Kosmos Energy Ltd	$1.17B	Energy	Oil & Gas E&p	0.73
VAL	Valaris Ltd	$5.33B	Energy	Oil & Gas Drilling	0.73
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	0.73
NE	Noble Corp Plc - Class A	$6.47B	Energy	Oil & Gas Drilling	0.73
SM	SM Energy Company	$7.17B	Energy	Oil & Gas E&p	0.73

ETFs that highly correlated with OILU

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	1.00
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	0.99
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	0.99
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	0.99
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	0.99
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	0.99
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	0.99
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	0.99
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	0.98
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	0.97
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	0.97
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	0.96
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	0.96
OILT	Texas Capital Texas Oil Index ETF	$12M	0.35%	Dec 20, 2023	0.95
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	0.94
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	0.94
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	0.94
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	0.93
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	0.93
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	0.93
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	0.92
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	0.92
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	0.91
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	0.90
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$73M	0.60%	Oct 12, 2006	0.90
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	0.90
NVIR	HORIZON KINETICS ENERGY AND REMEDIATION ETF	$5.80M	0.85%	Feb 21, 2023	0.89
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	0.87
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	0.87
EIPX	FT ENERGY INCOME PARTNERS STRATEGY ETF	$524M	0.95%	Nov 2, 2022	0.87
EIPI	FT ENERGY INCOME PARTNERS ENHANCED INCOME ETF	$1B	1.11%	Sep 27, 2011	0.86
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	$65M	0.75%	Feb 18, 2025	0.86
OIH	VANECK OIL SERVICES ETF	$2B	0.35%	Dec 20, 2011	0.85
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$377M	0.38%	May 1, 2006	0.85
XOMO	YIELDMAX(R) XOM OPTION INCOME STRATEGY ETF	$30M	1.17%	Aug 30, 2023	0.84
NANR	STATE STREET(R) SPDR(R) S&P(R) NORTH AMERICAN NATURAL RESOURCES ETF	$736M	0.35%	Dec 15, 2015	0.84
XES	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$467M	0.35%	Jun 19, 2006	0.83
PXJ	INVESCO OIL & GAS SERVICES ETF	$75M	0.63%	Oct 26, 2005	0.82
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	0.80
PDBC	INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF	$5.30B	0.59%	Nov 7, 2014	0.80
NDIV	Amplify Natural Resources Dividend Income ETF	$26M	0.59%	Aug 23, 2022	0.80
DBC	Invesco DB Commodity Index Tracking Fund	$1.60B	0.85%	Feb 3, 2006	0.80
SDCI	USCF SUMMERHAVEN DYNAMIC COMMODITY STRATEGY NO K-1 FUND	$526M	0.60%	May 3, 2018	0.78
COMT	ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF	$1.10B	0.48%	Oct 15, 2014	0.78
GSG	iShares S&P GSCI Commodity-Indexed Trust	$839M	0.75%	Jul 10, 2006	0.78
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	0.78
USCI	United States Commodity Index Fund	$337M	1.05%	Aug 10, 2010	0.78
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	0.77
UCIB	UBS AG London Branch	$21M	0.55%	Oct 9, 2015	0.77
FTGC	FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND	$2.70B	0.98%	Oct 22, 2013	0.77
UCO	ProShares Ultra Bloomberg Crude Oil 2x Shares	$312M	N/A	Nov 24, 2008	0.77
BCD	ABRDN BLOOMBERG ALL COMMODITY LONGER DATED STRATEGY K-1 FREE ETF	$384M	0.30%	Mar 30, 2017	0.76
CMDY	ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF	$523M	0.28%	Apr 3, 2018	0.76
DJP	iPath Bloomberg Commodity Index Total Return ETN	$850M	0.70%	Jun 6, 2006	0.76
GUNR	FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND	$6.70B	0.46%	Sep 16, 2011	0.76
COMB	GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF	$122M	0.25%	May 19, 2017	0.76
BCI	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	$2.30B	0.26%	Mar 30, 2017	0.75
ATMP	iPath Select MLP ETN	$646M	0.95%	Mar 12, 2013	0.75
FTIF	FIRST TRUST BLOOMBERG INFLATION SENSITIVE EQUITY ETF	$5.40M	0.60%	Mar 13, 2023	0.75
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.75
GNR	STATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF	$4.50B	0.40%	Sep 13, 2010	0.74
AVIE	AVANTIS INFLATION FOCUSED EQUITY ETF	$10M	0.25%	Sep 27, 2022	0.74
MLPX	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	$3.50B	0.45%	Aug 6, 2013	0.74
UMI	USCF MIDSTREAM ENERGY INCOME FUND	$485M	0.69%	Mar 24, 2021	0.73