Overview Performance Dividends Metrics Financials ETFs Industry Correlations

45 Stock and 55 ETF Transocean (RIG) alternatives

The most close Transocean (RIG) alternative is ETF XES (STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF). The correlation is 0.8904.

Stocks that highly correlated with RIG

Symbol	Name	Market cap	Sector	Industry	Correlation
OIS	Oil States International Inc	$509M	Energy	Oil & Gas Equipment & Services	0.83
NE	Noble Corp Plc - Class A	$6.47B	Energy	Oil & Gas Drilling	0.82
OII	Oceaneering International Inc	$4.25B	Energy	Oil & Gas Equipment & Services	0.82
NBR	Nabors Industries Ltd	$1.17B	Energy	Oil & Gas Drilling	0.81
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	0.80
SDRL	Seadrill Ltd	$2.66B	Energy	Oil & Gas Drilling	0.80
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	0.78
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	0.78
HAL	Halliburton Company	$30B	Energy	Oil & Gas Equipment & Services	0.78
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	0.77
CLB	Core Laboratories Inc	$524M	Energy	Oil & Gas Equipment & Services	0.77
NOV	NOV Inc	$6.99B	Energy	Oil & Gas Equipment & Services	0.77
BKR	Baker Hughes Co - Class A	$46B	Energy	Oil & Gas Equipment & Services	0.77
HP	Helmerich & Payne Inc	$3.34B	Energy	Oil & Gas Drilling	0.76
BTE	Baytex Energy Corp	$3.09B	Energy	Oil & Gas E&p	0.75
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	0.74
MUR	Murphy Oil Corp	$4.97B	Energy	Oil & Gas E&p	0.74
NPKI	Newpark Resources Inc	$1.22B	Industrials	Building Products & Equipment	0.74
SM	SM Energy Company	$7.17B	Energy	Oil & Gas E&p	0.74
MGY	Magnolia Oil & Gas Corp - Class A	$4.90B	Energy	Oil & Gas E&p	0.74
FANG	Diamondback Energy Inc	$53B	Energy	Oil & Gas E&p	0.74
WHD	Cactus Inc - Class A	$4.02B	Energy	Oil & Gas Equipment & Services	0.74
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	0.73
CVE	Cenovus Energy Inc	$51B	Energy	Oil & Gas Integrated	0.73
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	0.73
BORR	Borr Drilling Ltd	$1.32B	Energy	Oil & Gas Drilling	0.73
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	0.73
IMO	Imperial Oil Ltd	$58B	Energy	Oil & Gas Integrated	0.73
FTI	TechnipFMC plc	$29B	Energy	Oil & Gas Equipment & Services	0.73
VET	Vermilion Energy Inc	$1.50B	Energy	Oil & Gas E&p	0.72
CNQ	Canadian Natural Resources Ltd	$90B	Energy	Oil & Gas E&p	0.72
TS	Tenaris S.A.	$30B	Energy	Oil & Gas Equipment & Services	0.72
APA	APA Corporation	$12B	Energy	Oil & Gas E&p	0.72
KOS	Kosmos Energy Ltd	$1.17B	Energy	Oil & Gas E&p	0.72
MRC	MRC Global Inc	$1.16B	Energy	Oil & Gas Equipment & Services	0.71
E	Eni Spa	$74B	Energy	Oil & Gas Integrated	0.71
DVN	Devon Energy Corp	$53B	Energy	Oil & Gas E&p	0.71
VNOM	Viper Energy Inc - Class A	$6.95B	Energy	Oil & Gas Midstream	0.71
XOM	Exxon Mobil Corp	$604B	Energy	Oil & Gas Integrated	0.71
KRP	Kimbell Royalty Partners LP	$1.46B	Energy	Oil & Gas E&p	0.71
BP	BP plc	$108B	Energy	Oil & Gas Integrated	0.70
SHEL	Shell Plc ADR (Representing - )	$241B	Energy	Oil & Gas Integrated	0.70
COP	Conoco Phillips	$136B	Energy	Oil & Gas E&p	0.69
DRH	Diamondrock Hospitality Company	$2.52B	Real Estate	Reit - Hotel & Motel	0.69
AROC	Archrock Inc	$6.53B	Energy	Oil & Gas Equipment & Services	0.69

ETFs that highly correlated with RIG

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XES	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$467M	0.35%	Jun 19, 2006	0.89
OIH	VANECK OIL SERVICES ETF	$2B	0.35%	Dec 20, 2011	0.88
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$377M	0.38%	May 1, 2006	0.87
PXJ	INVESCO OIL & GAS SERVICES ETF	$75M	0.63%	Oct 26, 2005	0.87
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	0.82
OILT	Texas Capital Texas Oil Index ETF	$12M	0.35%	Dec 20, 2023	0.81
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	0.80
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	0.80
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	0.79
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	0.79
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	0.78
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	0.78
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	0.78
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	0.78
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$73M	0.60%	Oct 12, 2006	0.78
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	0.78
NVIR	HORIZON KINETICS ENERGY AND REMEDIATION ETF	$5.80M	0.85%	Feb 21, 2023	0.78
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	0.78
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	0.77
LIVR	Intelligent Livermore ETF	$18M	0.69%	Sep 17, 2024	0.77
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	0.77
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	0.77
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	0.77
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	0.75
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	0.75
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	0.75
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.74
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	0.74
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	0.74
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	0.74
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	0.73
FTIF	FIRST TRUST BLOOMBERG INFLATION SENSITIVE EQUITY ETF	$5.40M	0.60%	Mar 13, 2023	0.73
GNR	STATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF	$4.50B	0.40%	Sep 13, 2010	0.73
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.73
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	0.73
EIPI	FT ENERGY INCOME PARTNERS ENHANCED INCOME ETF	$1B	1.11%	Sep 27, 2011	0.73
FTRI	FIRST TRUST INDXX GLOBAL NATURAL RESOURCES INCOME ETF	$122M	0.70%	Mar 11, 2010	0.72
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	0.72
CCNR	ALPS \| CORECOMMODITY NATURAL RESOURCES ETF	$364M	0.39%	Jul 10, 2024	0.72
NRES	XTRACKERS RREEF GLOBAL NATURAL RESOURCES ETF	$32M	0.45%	Feb 26, 2024	0.72
EQRR	PROSHARES EQUITIES FOR RISING RATES ETF	$38M	0.35%	Jul 24, 2017	0.72
GUNR	FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND	$6.70B	0.46%	Sep 16, 2011	0.71
HAP	VANECK NATURAL RESOURCES ETF	$299M	0.41%	Aug 29, 2008	0.71
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.71
BCX	BlackRock Resources & Commodities Strategy Trust	$917M	N/A	N/A	0.70
CRAK	VANECK OIL REFINERS ETF	$146M	0.61%	Aug 18, 2015	0.70
PWER	MACQUARIE ENERGY TRANSITION ETF	$11M	0.80%	Nov 28, 2023	0.70
XOMO	YIELDMAX(R) XOM OPTION INCOME STRATEGY ETF	$30M	1.17%	Aug 30, 2023	0.69
ABLD	ABACUS FCF REAL ASSETS LEADERS ETF	$89M	0.39%	Dec 13, 2021	0.69
EMO	ClearBridge Energy Midstream Opportunity Fund Inc	$1.10B	N/A	N/A	0.69
ICOW	PACER DEVELOPED MARKETS INTERNATIONAL CASH COWS 100 ETF	$1.70B	0.65%	Jun 16, 2017	0.69
PSCM	INVESCO S&P SMALLCAP MATERIALS ETF	$21M	0.29%	Apr 7, 2010	0.69
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	0.69
SLX	VANECK STEEL ETF	$170M	0.55%	Oct 10, 2006	0.68
USAI	PACER AMERICAN ENERGY INDEPENDENCE ETF	$111M	0.75%	Dec 12, 2017	0.68