Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

47 Stock and 53 ETF PNM Resources (TXNM) alternatives

The most close PNM Resources (TXNM) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9262.

Stocks that highly correlated with TXNM

Symbol	Name	Market cap	Sector	Industry	Correlation
TMUSL	TMobile US Inc 6.250 Senior Notes due 2069	$27B	N/A	N/A	0.82
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	0.74
ASPCR	A SPAC III Acquisition Corp	$196K	N/A	N/A	0.72
TMUSZ	TMobile US Inc 5.500 Senior Notes due March 2070	$24B	N/A	N/A	0.70
TMUSI	TMobile US Inc 5.500 Senior Notes due June 2070	$23B	N/A	N/A	0.69
KIDZ	Classover Holdings Inc	$2.67M	Consumer Defensive	Education & Training Services	0.68
OGE	Oge Energy Corp	$10B	Utilities	Utilities - Regulated Electric	0.64
FLD	Fold Holdings Inc - Class A	$23M	Financial Services	Capital Markets	0.63
SUGP	SU Group Holdings Ltd - Class A	$5.51M	Industrials	Security & Protection Services	0.63
IDA	Idacorp Inc	$8.10B	Utilities	Utilities - Regulated Electric	0.63
LNT	Alliant Energy Corp	$19B	Utilities	Utilities - Regulated Electric	0.62
YYGH	YY Group Holding Ltd - Class A	$12M	Industrials	Specialty Business Services	0.62
PNW	Pinnacle West Capital Corp	$13B	Utilities	Utilities - Regulated Electric	0.62
NI	NiSource Inc	$22B	Utilities	Utilities - Regulated Gas	0.62
AEE	Ameren Corp	$31B	Utilities	Utilities - Regulated Electric	0.61
DTE	DTE Energy Company	$31B	Utilities	Utilities - Regulated Electric	0.60
NWE	NorthWestern Energy Group Inc	$4.41B	Utilities	Utilities - Regulated Electric	0.60
CFG-P-I	Citizens Financial Group Inc	$11B	N/A	N/A	0.60
CRWV	CoreWeave Inc - Class A	$41B	Technology	Software - Infrastructure	0.59
ETR	Entergy Corp	$52B	Utilities	Utilities - Regulated Electric	0.59
ATHR	Aether Holdings Inc	$53M	Technology	Software - Application	0.59
POR	Portland General Electric Company	$6.04B	Utilities	Utilities - Regulated Electric	0.58
HERZ	Herzfeld Credit Income Fund Inc Com	$230M	Financial Services	Asset Management	0.58
SWET	Athlon Acquisition Corp - Class A	$278M	N/A	N/A	0.57
EXC	Exelon Corp	$47B	Utilities	Utilities - Regulated Electric	0.57
DUK	Duke Energy Corp	$97B	Utilities	Utilities - Regulated Electric	0.57
PEG	Public Service Enterprise Group Inc	$40B	Utilities	Utilities - Regulated Electric	0.56
ADAL	Anthemis Digital Acquisitions I Corp - Class A	$241M	N/A	N/A	0.55
AEP	American Electric Power Company Inc	$72B	Utilities	Utilities - Regulated Electric	0.55
BKH	Black Hills Corporation	$5.59B	Utilities	Utilities - Regulated Gas	0.55
FTS	Fortis Inc	$29B	Utilities	Utilities - Regulated Electric	0.55
SRE	Sempra	$61B	Utilities	Utilities - Diversified	0.55
NJR	New Jersey Resources Corporation	$5.84B	Utilities	Utilities - Regulated Gas	0.55
CNP	Centerpoint Energy Inc	$28B	Utilities	Utilities - Regulated Electric	0.54
SR	Spire Inc	$4.74B	Utilities	Utilities - Regulated Gas	0.54
RBNE	Robin Energy Ltd	$4.88M	Energy	Oil & Gas Midstream	0.54
ATO	Atmos Energy Corp	$29B	Utilities	Utilities - Regulated Gas	0.54
XEL	Xcel Energy Inc	$49B	Utilities	Utilities - Regulated Electric	0.54
LIMN	Liminatus Pharma Inc	$5.14M	Healthcare	Biotechnology	0.54
FCPT	Four Corners Property Trust Inc	$2.77B	Real Estate	Reit - Retail	0.54
LOKV	Live Oak Acquisition Corp V - Class A	$265M	Financial Services	Shell Companies	0.54
MCHPP	Microchip Technology Inc	$40B	Technology	Semiconductors	0.53
CMS	CMS Energy Corporation	$23B	Utilities	Utilities - Regulated Electric	0.53
MGEE	MGE Energy Inc	$2.96B	Utilities	Utilities - Regulated Electric	0.52
OGS	ONE Gas Inc	$4.90B	Utilities	Utilities - Regulated Gas	0.52
MIAX	Miami International Holdings Inc	$4B	Financial Services	Capital Markets	0.52
ANTA	Antalpha Platform Holding Company	$95M	Financial Services	Credit Services	0.52

ETFs that highly correlated with TXNM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.93
MAGY	ROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF	$131M	0.99%	Apr 22, 2025	0.69
MMAX	ISHARES LARGE CAP MAX BUFFER MAR ETF	$74M	0.50%	Mar 31, 2025	0.69
PUI	INVESCO DORSEY WRIGHT UTILITIES MOMENTUM ETF	$77M	0.60%	Oct 26, 2005	0.68
PTIR	GRANITESHARES 2X LONG PLTR DAILY ETF	$297M	N/A	Sep 4, 2024	0.67
ENDW	CAMBRIA ENDOWMENT STYLE ETF	$139M	0.22%	Apr 9, 2025	0.67
SPYH	NEOS S&P 500(R) HEDGED EQUITY INCOME ETF	$32M	0.68%	Apr 2, 2025	0.66
CPSP	Calamos S&P 500 Structured Alt Protection ETF April	$20M	0.69%	Mar 31, 2025	0.64
FPWR	FIRST TRUST EIP POWER SOLUTIONS ETF	$26M	0.96%	Aug 19, 2019	0.64
APXM	FT VEST U.S. EQUITY MAX BUFFER ETF - APRIL	$17M	0.85%	Apr 16, 2025	0.64
GXPC	GLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF	$80M	0.15%	Jul 22, 2025	0.64
GOOW	ROUNDHILL GOOGL WEEKLYPAY ETF	$85M	N/A	Jul 23, 2025	0.63
RSPU	INVESCO S&P 500 EQUAL WEIGHT UTILITIES ETF	$554M	0.40%	Nov 1, 2006	0.62
IDU	ISHARES U.S. UTILITIES ETF	$1.40B	0.38%	Jun 12, 2000	0.62
VPU	VANGUARD UTILITIES INDEX FUND ETF SHARES	$11B	0.09%	Jan 26, 2004	0.62
FUTY	FIDELITY MSCI UTILITIES INDEX ETF	$2.30B	0.08%	Oct 21, 2013	0.62
ZAPR	Innovator Equity Defined Protection ETF 1 Yr April	$65M	0.79%	Mar 31, 2025	0.62
PMAP	PGIM S&P 500 MAX BUFFER ETF - APRIL	$4.90M	0.50%	Mar 31, 2025	0.61
UPW	PROSHARES ULTRA UTILITIES	$18M	N/A	Jan 30, 2007	0.60
XLU	STATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) ETF	$23B	0.08%	Dec 16, 1998	0.60
GLCR	GLACIERSHARES NASDAQ ICELAND ETF	$1.40M	0.95%	Mar 26, 2025	0.60
PLTY	YieldMax PLTR Option Income Strategy ETF	$317M	1.07%	Oct 7, 2024	0.59
FXU	FIRST TRUST UTILITIES ALPHADEX FUND	$815M	0.61%	May 8, 2007	0.59
UTES	VIRTUS REAVES UTILITIES ETF	$1.40B	0.49%	Sep 23, 2015	0.58
JXI	ISHARES GLOBAL UTILITIES ETF	$323M	0.39%	Sep 12, 2006	0.57
UTSL	DIREXION DAILY UTILITIES BULL 3X SHARES	$46M	N/A	May 3, 2017	0.57
MARB	FIRST TRUST MERGER ARBITRAGE ETF	$19M	0.95%	Feb 4, 2020	0.57
SLJY	Amplify SILJ Covered Call ETF	$54M	0.76%	Aug 18, 2025	0.57
BKCG	BNY MELLON CONCENTRATED GROWTH ETF	$117M	0.50%	May 14, 2004	0.56
XIDV	Franklin International Dividend Multiplier Index ETF	$40M	0.19%	Jan 21, 2025	0.56
XMLV	INVESCO S&P MIDCAP LOW VOLATILITY ETF	$732M	0.25%	Feb 15, 2013	0.55
SPLV	INVESCO S&P 500 LOW VOLATILITY ETF	$7.10B	0.25%	May 5, 2011	0.55
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$854M	0.42%	Sep 12, 2019	0.55
ADBG	LEVERAGE SHARES 2X LONG ADBE DAILY ETF	$34M	N/A	Mar 20, 2025	0.55
RYLD	GLOBAL X RUSSELL 2000 COVERED CALL ETF	$1.40B	0.60%	Apr 18, 2019	0.55
KGLD	Kurv Gold Enhanced Income ETF	$97M	1.00%	Jul 7, 2025	0.54
CGUI	CAPITAL GROUP ULTRA SHORT INCOME ETF SHARE CLASS	$290M	0.18%	Jun 25, 2024	0.54
GII	STATE STREET(R) SPDR(R) S&P(R) GLOBAL INFRASTRUCTURE ETF	$962M	0.40%	Jan 25, 2007	0.54
ABEQ	ABSOLUTE SELECT VALUE ETF	$141M	0.85%	Jan 21, 2020	0.54
TMDV	PROSHARES RUSSELL U.S. DIVIDEND GROWERS ETF PROSHARES RUSSELL US DIVIDEND GROWERS ETF	$4.60M	0.35%	Nov 5, 2019	0.54
IGF	ISHARES GLOBAL INFRASTRUCTURE ETF	$11B	0.39%	Dec 10, 2007	0.54
UXAP	FT VEST U.S. EQUITY UNCAPPED ACCELERATOR ETF - APRIL	$8.60M	0.85%	Apr 16, 2025	0.53
TPHD	TIMOTHY PLAN HIGH DIVIDEND STOCK ETF	$351M	0.52%	Apr 30, 2019	0.53
DVOL	FIRST TRUST DORSEY WRIGHT MOMENTUM & LOW VOLATILITY ETF	$71M	0.60%	Sep 5, 2018	0.53
VFMV	VANGUARD U.S. MINIMUM VOLATILITY ETF ETF SHARES	$418M	0.13%	Feb 13, 2018	0.53
ELFY	ALPS Electrification Infrastructure ETF	$204M	0.50%	Apr 9, 2025	0.52
NFXL	DIREXION DAILY NFLX BULL 2X SHARES	$141M	N/A	Oct 2, 2024	0.52
FT	Franklin Universal Trust	$223M	N/A	N/A	0.52
NFLU	T-REX 2X LONG NFLX DAILY TARGET ETF	$46M	N/A	Sep 26, 2024	0.52
MSTU	T-REX 2X LONG MSTR DAILY TARGET ETF	$291M	N/A	Sep 17, 2024	0.52
DNP	DNP Select Income Fund Inc	$3.80B	N/A	N/A	0.52
HEQQ	JPMORGAN NASDAQ HEDGED EQUITY LADDERED OVERLAY ETF	$31M	0.50%	Mar 26, 2025	0.52
HUSV	FIRST TRUST HORIZON MANAGED VOLATILITY DOMESTIC ETF	$73M	0.70%	Aug 24, 2016	0.52