Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

38 Stock and 62 ETF MGE Energy (MGEE) alternatives

The most close MGE Energy (MGEE) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.7918.

Stocks that highly correlated with MGEE

Symbol	Name	Market cap	Sector	Industry	Correlation
IDA	Idacorp Inc	$8.10B	Utilities	Utilities - Regulated Electric	0.74
AEE	Ameren Corp	$31B	Utilities	Utilities - Regulated Electric	0.70
XHLD	TEN Holdings Inc	$8.07M	Communication Services	Broadcasting	0.70
LNT	Alliant Energy Corp	$19B	Utilities	Utilities - Regulated Electric	0.69
OGE	Oge Energy Corp	$10B	Utilities	Utilities - Regulated Electric	0.68
WTGUR	Wintergreen Acquisition Corp	$237K	N/A	N/A	0.68
GIBO	GIBO Holdings Ltd	$106M	Communication Services	Internet Content & Information	0.68
POR	Portland General Electric Company	$6.04B	Utilities	Utilities - Regulated Electric	0.67
EVRG	Evergy Inc	$20B	Utilities	Utilities - Regulated Electric	0.66
PNW	Pinnacle West Capital Corp	$13B	Utilities	Utilities - Regulated Electric	0.66
WEC	WEC Energy Group Inc	$37B	Utilities	Utilities - Regulated Electric	0.65
CMS	CMS Energy Corporation	$23B	Utilities	Utilities - Regulated Electric	0.65
EHGO	Eshallgo Inc - Class A	$3.67M	Industrials	Business Equipment & Supplies	0.64
DTE	DTE Energy Company	$31B	Utilities	Utilities - Regulated Electric	0.64
NI	NiSource Inc	$22B	Utilities	Utilities - Regulated Gas	0.64
PEG	Public Service Enterprise Group Inc	$40B	Utilities	Utilities - Regulated Electric	0.63
BKH	Black Hills Corporation	$5.59B	Utilities	Utilities - Regulated Gas	0.63
ETR	Entergy Corp	$52B	Utilities	Utilities - Regulated Electric	0.63
PGAC	Pantages Capital Acquisition Corp Cl A Ord Shs	$118M	Financial Services	Shell Companies	0.63
ATO	Atmos Energy Corp	$29B	Utilities	Utilities - Regulated Gas	0.63
FIHL	Fidelis Insurance Holdings Limited	$2.40B	Financial Services	Insurance - Diversified	0.63
GTEN	Gores Holdings X Inc - Class A	$471M	Financial Services	Shell Companies	0.62
XPDB	Power & Digital Infrastructure Acquisition II Corp - Class A	$634M	N/A	N/A	0.62
SO	Southern Company	$106B	Utilities	Utilities - Regulated Electric	0.60
WTRG	Essential Utilities Inc	$11B	Utilities	Utilities - Regulated Water	0.60
OGS	ONE Gas Inc	$4.90B	Utilities	Utilities - Regulated Gas	0.59
DUK	Duke Energy Corp	$97B	Utilities	Utilities - Regulated Electric	0.59
CPK	Chesapeake Utilities Corp	$3.13B	Utilities	Utilities - Regulated Gas	0.59
AEP	American Electric Power Company Inc	$72B	Utilities	Utilities - Regulated Electric	0.58
FTS	Fortis Inc	$29B	Utilities	Utilities - Regulated Electric	0.58
RAAQ	Real Asset Acquisition Corp - Class A	$231M	Financial Services	Shell Companies	0.58
PPL	PPL Corp	$27B	Utilities	Utilities - Regulated Electric	0.57
EIX	Edison International	$30B	Utilities	Utilities - Regulated Electric	0.57
ES	Eversource Energy	$28B	Utilities	Utilities - Regulated Electric	0.56
EXC	Exelon Corp	$47B	Utilities	Utilities - Regulated Electric	0.56
ED	Consolidated Edison Inc	$40B	Utilities	Utilities - Regulated Electric	0.56
NWE	NorthWestern Energy Group Inc	$4.41B	Utilities	Utilities - Regulated Electric	0.55
MDU	MDU Resources Group Inc	$4.33B	Utilities	Utilities - Regulated Gas	0.55

ETFs that highly correlated with MGEE

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.79
PUI	INVESCO DORSEY WRIGHT UTILITIES MOMENTUM ETF	$77M	0.60%	Oct 26, 2005	0.72
RSPU	INVESCO S&P 500 EQUAL WEIGHT UTILITIES ETF	$554M	0.40%	Nov 1, 2006	0.71
FXU	FIRST TRUST UTILITIES ALPHADEX FUND	$815M	0.61%	May 8, 2007	0.70
IDU	ISHARES U.S. UTILITIES ETF	$1.40B	0.38%	Jun 12, 2000	0.69
FUTY	FIDELITY MSCI UTILITIES INDEX ETF	$2.30B	0.08%	Oct 21, 2013	0.68
VPU	VANGUARD UTILITIES INDEX FUND ETF SHARES	$11B	0.09%	Jan 26, 2004	0.68
UTSL	DIREXION DAILY UTILITIES BULL 3X SHARES	$46M	N/A	May 3, 2017	0.67
XLU	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) ETF	$23B	0.08%	Dec 16, 1998	0.67
UPW	PROSHARES ULTRA UTILITIES	$18M	N/A	Jan 30, 2007	0.67
TCAL	T. ROWE PRICE CAPITAL APPRECIATION PREMIUM INCOME ETF	$276M	0.34%	Mar 26, 2025	0.66
FPWR	FIRST TRUST EIP POWER SOLUTIONS ETF	$26M	0.96%	Aug 19, 2019	0.65
SPLV	INVESCO S&P 500 LOW VOLATILITY ETF	$7.10B	0.25%	May 5, 2011	0.65
LVHD	FRANKLIN U.S. LOW VOLATILITY HIGH DIVIDEND INDEX ETF	$607M	0.27%	Dec 28, 2015	0.64
FVD	FIRST TRUST VALUE LINE DIVIDEND INDEX FUND	$8B	0.62%	Aug 19, 2003	0.64
KMLI	KraneShares 2x Long MELI Daily ETF	$8.80M	N/A	Apr 4, 2025	0.64
TMDV	PROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF	$4.60M	0.35%	Nov 5, 2019	0.63
JXI	ISHARES GLOBAL UTILITIES ETF	$323M	0.39%	Sep 12, 2006	0.63
XMLV	INVESCO S&P MIDCAP LOW VOLATILITY ETF	$732M	0.25%	Feb 15, 2013	0.63
TPHD	TIMOTHY PLAN HIGH DIVIDEND STOCK ETF	$351M	0.52%	Apr 30, 2019	0.62
UTES	VIRTUS REAVES UTILITIES ETF	$1.40B	0.49%	Sep 23, 2015	0.62
LGLV	STATE STREET(R) SPDR(R) US LARGE CAP LOW VOLATILITY INDEX ETF	$1.10B	0.12%	Feb 20, 2013	0.61
BAMD	Brookstone Dividend Stock ETF	$95M	0.89%	Sep 27, 2023	0.61
PSR	INVESCO ACTIVE U.S. REAL ESTATE ETF	$57M	0.35%	Nov 20, 2008	0.59
ICF	ISHARES SELECT U.S. REIT ETF	$2.10B	0.32%	Jan 29, 2001	0.59
HUSV	FIRST TRUST HORIZON MANAGED VOLATILITY DOMESTIC ETF	$73M	0.70%	Aug 24, 2016	0.59
KNG	FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF	$3.40B	0.74%	Mar 26, 2018	0.59
XLRE	STATE STREET(R) REAL ESTATE SELECT SECTOR SPDR(R) ETF	$8.10B	0.08%	Oct 7, 2015	0.59
TOLZ	PROSHARES DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF	$191M	0.46%	Mar 25, 2014	0.59
REZ	ISHARES RESIDENTIAL AND MULTISECTOR REAL ESTATE ETF	$875M	0.48%	May 1, 2007	0.59
RSPR	INVESCO S&P 500 (R) EQUAL WEIGHT REAL ESTATE ETF	$107M	0.40%	Aug 13, 2015	0.58
SCHH	SCHWAB U.S. REIT ETF	$11B	0.07%	Jan 13, 2011	0.58
VNQ	VANGUARD REAL ESTATE INDEX FUND ETF SHARES	$71B	0.13%	Sep 23, 2004	0.58
DVOL	FIRST TRUST DORSEY WRIGHT MOMENTUM & LOW VOLATILITY ETF	$71M	0.60%	Sep 5, 2018	0.58
IYR	ISHARES U.S. REAL ESTATE ETF	$4.70B	0.38%	Jun 12, 2000	0.58
FREL	FIDELITY MSCI REAL ESTATE INDEX ETF	$1.50B	0.08%	Feb 2, 2015	0.58
IFRA	ISHARES U.S. INFRASTRUCTURE ETF	$4.60B	0.30%	Apr 3, 2018	0.58
PPTY	U.S. DIVERSIFIED REAL ESTATE ETF	$26M	0.53%	Mar 26, 2018	0.58
XLRI	STATE STREET(R) REAL ESTATE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.60M	0.35%	Jul 29, 2025	0.58
SPHD	INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF	$3.30B	0.30%	Oct 18, 2012	0.57
BBRE	JPMORGAN BETABUILDERS MSCI US REIT ETF	$1.30B	0.11%	Jun 15, 2018	0.57
XLUI	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$22M	0.35%	Jul 29, 2025	0.57
USMV	ISHARES MSCI USA MIN VOL FACTOR ETF	$23B	0.15%	Oct 18, 2011	0.57
REGL	PROSHARES S&P MIDCAP 400 DIVIDEND ARISTOCRATS ETF	$1.70B	0.40%	Feb 3, 2015	0.57
URE	PROSHARES ULTRA REAL ESTATE	$56M	N/A	Jan 30, 2007	0.57
DVY	ISHARES SELECT DIVIDEND ETF	$23B	0.38%	Nov 3, 2003	0.57
USRT	ISHARES CORE U.S. REIT ETF	$4.40B	0.08%	May 1, 2007	0.57
SDY	STATE STREET(R) SPDR(R) S&P(R) DIVIDEND ETF	$21B	0.35%	Nov 8, 2005	0.57
RWR	STATE STREET(R) SPDR(R) DOW JONES(R) REIT ETF	$1.80B	0.25%	Apr 23, 2001	0.56
NURE	NUVEEN SHORT-TERM REIT ETF	$36M	0.36%	Dec 19, 2016	0.56
RBLY	YIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF	$2.40M	0.99%	Jul 28, 2025	0.56
FRI	FIRST TRUST S&P REIT INDEX FUND	$181M	0.50%	May 8, 2007	0.56
CDL	VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF	$392M	0.35%	Jul 7, 2015	0.56
VSDA	VICTORYSHARES DIVIDEND ACCELERATOR ETF	$244M	0.35%	Apr 18, 2017	0.56
DRN	DIREXION DAILY REAL ESTATE BULL 3X SHARES	$46M	N/A	Jul 16, 2009	0.56
XLII	STATE STREET(R) INDUSTRIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$7.70M	0.35%	Jul 29, 2025	0.56
GIND	Goldman Sachs India Equity ETF	$164M	0.75%	Apr 1, 2025	0.56
NOBL	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	$12B	0.35%	Oct 9, 2013	0.55
CDC	VICTORYSHARES US EQ INCOME ENHANCED VOLATILITY WTD ETF	$718M	0.35%	Jul 1, 2014	0.55
FT	Franklin Universal Trust	$223M	N/A	N/A	0.55
DURA	VANECK DURABLE HIGH DIVIDEND ETF	$37M	0.30%	Oct 30, 2018	0.55
SMDV	PROSHARES RUSSELL 2000 DIVIDEND GROWERS ETF	$695M	0.40%	Feb 3, 2015	0.55