Overview Performance Dividends Metrics Financials ETFs Industry Correlations

47 Stock and 53 ETF ALLETE, (ALE) alternatives

The most close ALLETE, (ALE) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.8891.

Stocks that highly correlated with ALE

Symbol	Name	Market cap	Sector	Industry	Correlation
MLACR	Mountain Lake Acquisition Corp	$7.99M	N/A	N/A	0.89
JFB	JFB Construction Holdings	$69M	Real Estate	Real Estate - Development	0.89
BEAGR	Bold Eagle Acquisition Corp Right	$1.23M	N/A	N/A	0.79
NUAI	New Era Energy & Digital Inc	$221M	Technology	Software - Infrastructure	0.79
ARAI	Arrive AI Inc	$26M	Technology	Scientific & Technical Instruments	0.77
RFAIR	RF Acquisition Corp II	$351K	N/A	N/A	0.77
TVA	Texas Ventures Acquisition III Corp - Class A	$236M	Financial Services	Shell Companies	0.75
TE-WS	T1 Energy Inc Wt Exp	$636M	N/A	N/A	0.75
RDACR	Rising Dragon Acquisition Corp	$192K	N/A	N/A	0.74
NVA	Nova Minerals Ltd	$296M	Basic Materials	Other Industrial Metals & Mining	0.74
RCT	RedCloud Holdings PLC	$41M	Technology	Software - Application	0.74
TVACW	Texas Ventures Acquisition III Corp - Warrants (23/04/2030)	$153M	N/A	N/A	0.74
GTEN	Gores Holdings X Inc - Class A	$466M	Financial Services	Shell Companies	0.73
CHPG	ChampionsGate Acquisition Corp - Class A	$77M	Financial Services	Shell Companies	0.73
GIGGU	GigCapital7 Corp - Units (1 Ord Class A & 1 War)	$2.83B	Financial Services	Shell Companies	0.71
OGE	Oge Energy Corp	$9.94B	Utilities	Utilities - Regulated Electric	0.69
TVACU	Texas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)	$71M	Financial Services	Shell Companies	0.69
PMTR	Perimeter Acquisition Corp I - Class A	$258M	Financial Services	Shell Companies	0.68
POR	Portland General Electric Company	$5.92B	Utilities	Utilities - Regulated Electric	0.68
PNW	Pinnacle West Capital Corp	$12B	Utilities	Utilities - Regulated Electric	0.68
HVIIU	Hennessy Capital Investment Corp VII - Units (1 Ord Shs & 1 Rts)	$205M	Financial Services	Shell Companies	0.68
RTAC	Renatus Tactical Acquisition Corp I - Class A	$326M	Financial Services	Shell Companies	0.68
FGMCR	FG Merger II Corp	$1.73M	N/A	N/A	0.68
SZZLR	Sizzle Acquisition Corp II	$1.07M	N/A	N/A	0.68
NJR	New Jersey Resources Corporation	$5.72B	Utilities	Utilities - Regulated Gas	0.66
BEAG	Bold Eagle Acquisition Corp	$273M	Financial Services	Shell Companies	0.66
LCCCR	Lakeshore Acquisition III Corp	$500K	N/A	N/A	0.66
ABVE	Above Food Ingredients Inc	$66M	Consumer Defensive	Packaged Foods	0.66
BKH	Black Hills Corporation	$5.62B	Utilities	Utilities - Regulated Gas	0.65
LCCCU	Lakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts)	$21M	Financial Services	Shell Companies	0.64
IDA	Idacorp Inc	$7.80B	Utilities	Utilities - Regulated Electric	0.64
HOND	HCM II Acquisition Corp. Class A Ordinary Shares	$519M	Financial Services	Shell Companies	0.64
LNT	Alliant Energy Corp	$19B	Utilities	Utilities - Regulated Electric	0.63
NI	NiSource Inc	$23B	Utilities	Utilities - Regulated Gas	0.63
WTRG	Essential Utilities Inc	$11B	Utilities	Utilities - Regulated Water	0.63
AEP	American Electric Power Company Inc	$70B	Utilities	Utilities - Regulated Electric	0.63
NWE	NorthWestern Energy Group Inc	$4.45B	Utilities	Utilities - Regulated Electric	0.63
DTSQR	DT Cloud Star Acquisition Corp	$298K	N/A	N/A	0.62
ATO	Atmos Energy Corp	$29B	Utilities	Utilities - Regulated Gas	0.62
MEGI	MainStay CBRE Global Infrastructure Megatrends Fund	$800M	Financial Services	Asset Management	0.62
DUK	Duke Energy Corp	$98B	Utilities	Utilities - Regulated Electric	0.62
WPC	W. P. Carey Inc	$17B	Real Estate	Reit - Diversified	0.62
AHH	Armada Hoffler Properties Inc	$478M	Real Estate	Reit - Diversified	0.62
HONDU	HCM II Acquisition Corp Unit	$483M	Financial Services	Shell Companies	0.62
VCIC	Vine Hill Capital Investment Corp - Class A	$71M	Financial Services	Shell Companies	0.62
NEE-P-T	NextEra Energy Inc 7.234 Corporate Units	$105B	N/A	N/A	0.61
DTE	DTE Energy Company	$30B	Utilities	Utilities - Regulated Electric	0.61

ETFs that highly correlated with ALE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.89
XEMD	BONDBLOXX JP MORGAN USD EMERGING MARKETS 1-10 YEAR BOND ETF	$909M	0.29%	Jun 28, 2022	0.71
JXI	ISHARES GLOBAL UTILITIES ETF	$337M	0.39%	Sep 12, 2006	0.70
PUI	INVESCO DORSEY WRIGHT UTILITIES MOMENTUM ETF	$79M	0.60%	Oct 26, 2005	0.70
UPW	PROSHARES ULTRA UTILITIES	$25M	N/A	Jan 30, 2007	0.69
UTSL	DIREXION DAILY UTILITIES BULL 3X SHARES	$44M	N/A	May 3, 2017	0.69
UPAR	UPAR ULTRA RISK PARITY ETF	$69M	0.68%	Jan 3, 2022	0.69
FUTY	FIDELITY MSCI UTILITIES INDEX ETF	$2.50B	0.08%	Oct 21, 2013	0.69
VPU	VANGUARD UTILITIES INDEX FUND ETF SHARES	$11B	0.09%	Jan 26, 2004	0.69
BSCW	Invesco BulletShares 2032 Corporate Bond ETF	$1.40B	0.10%	Sep 8, 2022	0.68
HDLB	UBS AG London Branch ETRACS Monthly Pay 2X Leveraged US High Divid Low Volatility ETN Ser B 09302044	$5.50M	N/A	Oct 25, 2019	0.68
IDU	ISHARES U.S. UTILITIES ETF	$1.60B	0.38%	Jun 12, 2000	0.68
IBDX	ISHARES IBONDS DEC 2032 TERM CORPORATE ETF	$1.60B	0.10%	Jun 28, 2022	0.67
RSPU	INVESCO S&P 500 EQUAL WEIGHT UTILITIES ETF	$575M	0.40%	Nov 1, 2006	0.67
XLU	THE UTILITIES SELECT SECTOR SPDR FUND	$24B	0.08%	Dec 16, 1998	0.66
FXU	FIRST TRUST UTILITIES ALPHADEX FUND	$898M	0.61%	May 8, 2007	0.66
LVHD	FRANKLIN U.S. LOW VOLATILITY HIGH DIVIDEND INDEX ETF	$621M	0.27%	Dec 28, 2015	0.66
JMHI	JPMORGAN HIGH YIELD MUNICIPAL ETF	$271M	0.35%	Sep 17, 2007	0.65
FVD	FIRST TRUST VALUE LINE DIVIDEND INDEX FUND	$8.20B	0.62%	Aug 19, 2003	0.65
XMLV	INVESCO S&P MIDCAP LOW VOLATILITY ETF	$750M	0.25%	Feb 15, 2013	0.65
JMSI	JPMORGAN SUSTAINABLE MUNICIPAL INCOME ETF	$364M	0.18%	Feb 9, 1993	0.65
IGF	ISHARES GLOBAL INFRASTRUCTURE ETF	$11B	0.39%	Dec 10, 2007	0.65
GII	SPDR(R) S&P GLOBAL INFRASTRUCTURE ETF	$989M	0.40%	Jan 25, 2007	0.64
BNDI	NEOS ENHANCED INCOME AGGREGATE BOND ETF	$169M	0.58%	Aug 29, 2022	0.64
TPHD	TIMOTHY PLAN HIGH DIVIDEND STOCK ETF	$360M	0.52%	Apr 30, 2019	0.64
TPIF	TIMOTHY PLAN INTERNATIONAL ETF	$243M	0.62%	Dec 2, 2019	0.64
UTES	VIRTUS REAVES UTILITIES ETF	$1.60B	0.49%	Sep 23, 2015	0.63
SPLV	INVESCO S&P 500 LOW VOLATILITY ETF	$7.20B	0.25%	May 5, 2011	0.63
IBDY	ISHARES IBONDS DEC 2033 TERM CORPORATE ETF	$1.10B	0.10%	Jun 21, 2023	0.63
PCRB	Putnam ESG Core Bond ETF	$7M	0.36%	Jan 19, 2023	0.63
OACP	ONEASCENT CORE PLUS BOND ETF	$256M	0.74%	Mar 30, 2022	0.63
CGCP	CAPITAL GROUP CORE PLUS INCOME ETF SHARE CLASS	$7.60B	0.34%	Feb 22, 2022	0.62
BSMW	Invesco BulletShares 2032 Municipal Bond ETF	$197M	0.18%	Mar 1, 2023	0.62
PYLD	PIMCO Multisector Bond Active Exchange-Traded Fund	$13B	0.64%	Jun 21, 2023	0.62
MOOD	RELATIVE SENTIMENT TACTICAL ALLOCATION ETF	$117M	0.73%	May 18, 2022	0.62
DPG	Duff & Phelps Utility and Infrastructure Fund Inc	$622M	N/A	N/A	0.62
TMDV	PROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF	$4.50M	0.35%	Nov 5, 2019	0.62
FID	First Trust S&P International Dividend Aristocrats ETF	$161M	0.60%	Aug 22, 2013	0.62
WWJD	INSPIRE INTERNATIONAL ETF	$502M	0.61%	Sep 30, 2019	0.62
SPHD	INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF	$3.30B	0.30%	Oct 18, 2012	0.62
REET	ISHARES GLOBAL REIT ETF	$4.80B	0.14%	Jul 8, 2014	0.62
IFRA	ISHARES U.S. INFRASTRUCTURE ETF	$4.10B	0.30%	Apr 3, 2018	0.62
SIXL	ETC 6 MERIDIAN LOW BETA EQUITY STRATEGY ETF	$195M	0.46%	May 11, 2020	0.62
GEMD	GOLDMAN SACHS ACCESS EMERGING MARKETS USD BOND ETF	$34M	0.30%	Feb 15, 2022	0.62
BSCX	Invesco BulletShares 2033 Corporate Bond ETF	$958M	0.10%	Sep 20, 2023	0.62
FTBD	FIDELITY TACTICAL BOND ETF	$37M	0.55%	Jan 24, 2023	0.62
TOLZ	PROSHARES DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF	$178M	0.46%	Mar 25, 2014	0.62
NFRA	FLEXSHARES STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FUND	$3.10B	0.47%	Oct 8, 2013	0.61
SIO	TOUCHSTONE STRATEGIC INCOME ETF	$249M	0.50%	Jul 21, 2022	0.61
RWO	SPDR(R) DOW JONES GLOBAL REAL ESTATE ETF	$1.20B	0.50%	May 7, 2008	0.61
APCB	ACTIVEPASSIVE CORE BOND ETF	$919M	0.36%	May 2, 2023	0.61
ERH	Allspring Utilities and High Income Fund	$121M	N/A	N/A	0.61
RNWZ	TRUESHARES EAGLE GLOBAL RENEWABLE ENERGY INCOME ETF	$4M	0.75%	Dec 7, 2022	0.61