Overview Performance Metrics Financials ETFs Industry Splits Correlations

38 Stock and 62 ETF Forum Energy Technologies (FET) alternatives

The most close Forum Energy Technologies (FET) alternative is ETF HFMF (UNLIMITED HFMF MANAGED FUTURES ETF). The correlation is 0.8338.

Stocks that highly correlated with FET

Symbol	Name	Market cap	Sector	Industry	Correlation
AUGO	Aura Minerals Inc	$4.54B	Basic Materials	Gold	0.81
PDS	Precision Drilling Corp	$1.06B	Energy	Oil & Gas Drilling	0.79
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	0.78
NBR	Nabors Industries Ltd	$1.17B	Energy	Oil & Gas Drilling	0.77
LBRT	Liberty Energy Inc - Class A	$4.07B	Energy	Oil & Gas Equipment & Services	0.76
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	0.76
OIS	Oil States International Inc	$509M	Energy	Oil & Gas Equipment & Services	0.76
MTDR	Matador Resources Company	$6.54B	Energy	Oil & Gas E&p	0.74
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	0.74
PACWP	PacWest Bancorp Depositary Shares Each Representing a 140th Interest in a Share of 7.75 Fixed Rate NonCumulative Perpetual Preferred Stock Series A	$2.48B	N/A	N/A	0.73
HAL	Halliburton Company	$30B	Energy	Oil & Gas Equipment & Services	0.73
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	0.73
MUR	Murphy Oil Corp	$4.97B	Energy	Oil & Gas E&p	0.71
BRY	Berry Corp	$253M	Energy	Oil & Gas E&p	0.71
TALO	Talos Energy Inc	$2.35B	Energy	Oil & Gas E&p	0.70
GRNA	GreenLight Biosciences Inc	$45M	N/A	N/A	0.70
ET	Energy Transfer LP	$68B	Energy	Oil & Gas Midstream	0.70
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	0.69
SSL	Sasol Ltd	$6.67B	Basic Materials	Specialty Chemicals	0.69
REI	Ring Energy Inc	$255M	Energy	Oil & Gas E&p	0.69
TRGP	Targa Resources Corp	$60B	Energy	Oil & Gas Midstream	0.69
ADAMM	Adamas Trust Inc	$2.27B	Real Estate	Reit - Mortgage	0.69
EPD	Enterprise Products Partners L P	$82B	Energy	Oil & Gas Midstream	0.68
DVN	Devon Energy Corp	$53B	Energy	Oil & Gas E&p	0.68
PAA	Plains All American Pipeline LP	$19B	Energy	Oil & Gas Midstream	0.68
WTTR	Select Water Solutions Inc - Class A	$2.16B	Energy	Oil & Gas Equipment & Services	0.68
KLXE	KLX Energy Services Holdings Inc	$46M	Energy	Oil & Gas Equipment & Services	0.68
PAGP	Plains GP Holdings LP - Class A	$5.62B	Energy	Oil & Gas Midstream	0.68
WES	Western Midstream Partners LP	$18B	Energy	Oil & Gas Midstream	0.67
GLIBK	GCI Liberty Inc	$877M	Communication Services	Telecom Services	0.67
RIG	Transocean Ltd	$5.76B	Energy	Oil & Gas Drilling	0.67
COP	Conoco Phillips	$136B	Energy	Oil & Gas E&p	0.67
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	0.67
APA	APA Corporation	$12B	Energy	Oil & Gas E&p	0.67
BTE	Baytex Energy Corp	$3.09B	Energy	Oil & Gas E&p	0.66
RES	RPC Inc	$1.31B	Energy	Oil & Gas Equipment & Services	0.66
CVE	Cenovus Energy Inc	$51B	Energy	Oil & Gas Integrated	0.66
GEL	Genesis Energy L.P.	$1.77B	Energy	Oil & Gas Midstream	0.66

ETFs that highly correlated with FET

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
HFMF	UNLIMITED HFMF MANAGED FUTURES ETF	$22M	0.97%	Jul 14, 2025	0.83
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	0.82
XES	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$467M	0.35%	Jun 19, 2006	0.80
OIH	VANECK OIL SERVICES ETF	$2B	0.35%	Dec 20, 2011	0.78
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	0.78
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$377M	0.38%	May 1, 2006	0.78
PXJ	INVESCO OIL & GAS SERVICES ETF	$75M	0.63%	Oct 26, 2005	0.77
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	0.77
TURF	T. ROWE PRICE NATURAL RESOURCES ETF	$157M	0.44%	Jun 11, 2025	0.77
USAI	PACER AMERICAN ENERGY INDEPENDENCE ETF	$111M	0.75%	Dec 12, 2017	0.75
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$73M	0.60%	Oct 12, 2006	0.74
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	0.74
ENFR	ALERIAN ENERGY INFRASTRUCTURE ETF	$468M	0.35%	Oct 31, 2013	0.73
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.73
AMZA	INFRACAP MLP ETF	$444M	1.72%	Oct 1, 2014	0.73
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	0.73
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	0.73
MLPX	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	$3.50B	0.45%	Aug 6, 2013	0.73
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	0.73
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.72
KGLD	Kurv Gold Enhanced Income ETF	$97M	1.00%	Jul 7, 2025	0.72
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	0.72
EINC	VANECK ENERGY INCOME ETF	$109M	0.46%	Mar 12, 2012	0.72
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	0.72
EMO	ClearBridge Energy Midstream Opportunity Fund Inc	$1.10B	N/A	N/A	0.72
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	0.72
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	0.72
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	0.72
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	0.72
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	0.71
AMLP	ALERIAN MLP ETF	$12B	1.01%	Aug 25, 2010	0.71
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	0.71
MLPA	GLOBAL X MLP ETF	$2.10B	0.77%	Apr 18, 2012	0.71
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	0.70
KYN	Kayne Anderson Energy Infrastructure Fund Inc	$2.70B	N/A	N/A	0.70
IAUI	NEOS GOLD HIGH INCOME ETF	$448M	0.79%	Jun 4, 2025	0.70
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.70
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	0.70
TPYP	TORTOISE NORTH AMERICAN PIPELINE ETF	$853M	0.40%	Jun 29, 2015	0.69
MLPB	UBS AG London Branch	$219M	0.85%	Oct 9, 2015	0.69
EQRR	PROSHARES EQUITIES FOR RISING RATES ETF	$38M	0.35%	Jul 24, 2017	0.69
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	0.68
RZV	INVESCO S&P SMALLCAP 600 PURE VALUE ETF	$285M	0.35%	Mar 1, 2006	0.68
ATMP	iPath Select MLP ETN	$646M	0.95%	Mar 12, 2013	0.68
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	0.68
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	0.68
UMI	USCF MIDSTREAM ENERGY INCOME FUND	$485M	0.69%	Mar 24, 2021	0.68
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$118M	0.40%	May 19, 2006	0.68
TYG	Tortoise Energy Infrastructure Corp	$988M	N/A	N/A	0.68
GYLD	ARROW DOW JONES GLOBAL YIELD ETF	$33M	0.75%	May 8, 2012	0.68
HAP	VANECK NATURAL RESOURCES ETF	$299M	0.41%	Aug 29, 2008	0.68
CCNR	ALPS \| CORECOMMODITY NATURAL RESOURCES ETF	$364M	0.39%	Jul 10, 2024	0.68
AMUB	UBS AG London Branch	$37M	0.80%	Oct 9, 2015	0.68
AVUV	AVANTIS U.S. SMALL CAP VALUE ETF	$29B	0.25%	Sep 24, 2019	0.67
FYT	FIRST TRUST SMALL CAP VALUE ALPHADEX FUND	$182M	0.70%	Apr 19, 2011	0.67
GNR	STATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF	$4.50B	0.40%	Sep 13, 2010	0.67
VFVA	VANGUARD U.S. VALUE FACTOR ETF ETF SHARES	$845M	0.13%	Feb 13, 2018	0.67
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	0.67
SYLD	CAMBRIA SHAREHOLDER YIELD ETF	$937M	0.59%	May 13, 2013	0.67
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	0.66
GUNR	FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND	$6.70B	0.46%	Sep 16, 2011	0.66
HIPS	GraniteShares HIPS US High Income ETF	$110M	1.17%	Jan 7, 2015	0.66