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68 Stock and 32 ETF Xcel Energy (XEL) alternatives

The most close Xcel Energy (XEL) alternative is ETF DVUT (WEBS Defined Volatility XLU ETF). The correlation is 0.8973.

Stocks that highly correlated with XEL

SymbolName
Market cap
SectorIndustry
Correlation
INACRIndigo Acquisition Corp Right$448KN/AN/A0.86
WECWEC Energy Group Inc$37BUtilitiesUtilities - Regulated Electric0.84
LNTAlliant Energy Corp$19BUtilitiesUtilities - Regulated Electric0.83
AEEAmeren Corp$31BUtilitiesUtilities - Regulated Electric0.81
CMSCMS Energy Corporation$23BUtilitiesUtilities - Regulated Electric0.80
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies0.80
DUKDuke Energy Corp$97BUtilitiesUtilities - Regulated Electric0.77
TVACUTexas Ventures Acquisition III Corp - Units (1 Ord Cls A & 1/2 War)$73MFinancial ServicesShell Companies0.77
AEPAmerican Electric Power Company Inc$72BUtilitiesUtilities - Regulated Electric0.76
NINiSource Inc$22BUtilitiesUtilities - Regulated Gas0.74
MLACRMountain Lake Acquisition Corp$7.99MN/AN/A0.74
ETREntergy Corp$52BUtilitiesUtilities - Regulated Electric0.73
ATOAtmos Energy Corp$29BUtilitiesUtilities - Regulated Gas0.73
IDAIdacorp Inc$8.10BUtilitiesUtilities - Regulated Electric0.73
FTSFortis Inc$29BUtilitiesUtilities - Regulated Electric0.72
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric0.72
ESEversource Energy$28BUtilitiesUtilities - Regulated Electric0.71
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies0.71
PNWPinnacle West Capital Corp$13BUtilitiesUtilities - Regulated Electric0.71
DTEDTE Energy Company$31BUtilitiesUtilities - Regulated Electric0.70
CEPFCantor Equity Partners IV Inc - Class A$597MFinancial ServicesShell Companies0.69
OGEOge Energy Corp$10BUtilitiesUtilities - Regulated Electric0.69
SOSouthern Company$106BUtilitiesUtilities - Regulated Electric0.68
MBVIUM3 Brigade Acquisition VI Corp - Units (1 Ord Cls A & 1/3 War)$77MFinancial ServicesShell Companies0.68
TVATexas Ventures Acquisition III Corp - Class A$237MFinancial ServicesShell Companies0.67
SRESempra$61BUtilitiesUtilities - Diversified0.67
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric0.65
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies0.65
PPLPPL Corp$27BUtilitiesUtilities - Regulated Electric0.64
EVRGEvergy Inc$20BUtilitiesUtilities - Regulated Electric0.64
CCIIUCohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)$80MFinancial ServicesShell Companies0.64
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty0.63
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development0.63
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A0.63
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A0.63
PORPortland General Electric Company$6.04BUtilitiesUtilities - Regulated Electric0.62
TVACWTexas Ventures Acquisition III Corp - Warrants (23/04/2030)$153MN/AN/A0.62
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies0.61
BKHBlack Hills Corporation$5.59BUtilitiesUtilities - Regulated Gas0.61
NUTRNusatrip Inc$174MConsumer CyclicalTravel Services0.60
NEE-P-TNextEra Energy Inc 7.234 Corporate Units$106BN/AN/A0.59
PEGPublic Service Enterprise Group Inc$40BUtilitiesUtilities - Regulated Electric0.59
WTRGEssential Utilities Inc$11BUtilitiesUtilities - Regulated Water0.59
KGKING PHARMACEUTICALS INC$77MFinancial ServicesInsurance - Reinsurance0.58
DDominion Energy Inc$62BUtilitiesUtilities - Regulated Electric0.58
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water0.58
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies0.58
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric0.57
SDHIUSiddhi Acquisition Corp - Units (1 Ord class A & 1/10 Rts)$73MFinancial ServicesShell Companies0.57
IPEXInflection Point Acquisition Corp V - Class A$125MFinancial ServicesShell Companies0.57
NWENorthWestern Energy Group Inc$4.41BUtilitiesUtilities - Regulated Electric0.57
OGSONE Gas Inc$4.90BUtilitiesUtilities - Regulated Gas0.57
MLACUMountain Lake Acquisition Corp - Units (1 Ord Cls A & 1Rts)$48MN/AN/A0.57
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric0.57
NUAINew Era Energy & Digital Inc$221MTechnologySoftware - Infrastructure0.57
NGGNational Grid Plc$83BUtilitiesUtilities - Regulated Electric0.56
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services0.56
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies0.55
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies0.55
ELSEquity Lifestyle Properties Inc$12BReal EstateReit - Residential0.55
HVIIUHennessy Capital Investment Corp VII - Units (1 Ord Shs & 1 Rts)$205MFinancial ServicesShell Companies0.54
SRSpire Inc$4.74BUtilitiesUtilities - Regulated Gas0.54
ALEALLETE, Inc.$3.94BUtilitiesUtilities - Diversified0.54
TXNMPNM Resources Inc$6.32BUtilitiesUtilities - Regulated Electric0.54
CCICrown Castle Inc$35BReal EstateReit - Specialty0.54
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable0.54
ADCAgree Realty Corp$9.32BReal EstateReit - Retail0.54
PMTRPerimeter Acquisition Corp I - Class A$258MFinancial ServicesShell Companies0.53

ETFs that highly correlated with XEL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 20250.90
RSPUINVESCO S&P 500 EQUAL WEIGHT UTILITIES ETF $554M0.40%Nov 1, 20060.79
XLUSTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) ETF $23B0.08%Dec 16, 19980.78
VPUVANGUARD UTILITIES INDEX FUND ETF SHARES$11B0.09%Jan 26, 20040.77
FUTYFIDELITY MSCI UTILITIES INDEX ETF $2.30B0.08%Oct 21, 20130.77
PUIINVESCO DORSEY WRIGHT UTILITIES MOMENTUM ETF $77M0.60%Oct 26, 20050.77
IDUISHARES U.S. UTILITIES ETF $1.40B0.38%Jun 12, 20000.76
UPWPROSHARES ULTRA UTILITIES $18MN/AJan 30, 20070.76
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 20250.76
JXIISHARES GLOBAL UTILITIES ETF $323M0.39%Sep 12, 20060.75
UTSLDIREXION DAILY UTILITIES BULL 3X SHARES $46MN/AMay 3, 20170.74
FXUFIRST TRUST UTILITIES ALPHADEX FUND $815M0.61%May 8, 20070.73
FPWRFIRST TRUST EIP POWER SOLUTIONS ETF $26M0.96%Aug 19, 20190.70
UTESVIRTUS REAVES UTILITIES ETF $1.40B0.49%Sep 23, 20150.66
SPLVINVESCO S&P 500 LOW VOLATILITY ETF $7.10B0.25%May 5, 20110.62
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 20250.62
UTGReaves Utility Income Fund$4BN/AN/A0.59
ZAPGLOBAL X U.S. ELECTRIFICATION ETF $485M0.50%Dec 17, 20240.58
CEFZRIVERNORTH ACTIVE INCOME ETF $40M3.36%Dec 27, 20060.58
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 20250.58
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 20250.57
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 20250.57
LVHDFRANKLIN U.S. LOW VOLATILITY HIGH DIVIDEND INDEX ETF $607M0.27%Dec 28, 20150.55
RGTUTRADR 2X LONG RGTI DAILY ETF $14MN/AJun 23, 20250.54
TOLZPROSHARES DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF $191M0.46%Mar 25, 20140.54
PDDLGRANITESHARES 2X LONG PDD DAILY ETF $7.60MN/AJul 14, 20250.54
TLTINEOS ENHANCED INCOME 20+ YEAR TREASURY BOND ETF $16M0.58%Dec 10, 20240.54
RGTXDEFIANCE DAILY TARGET 2X LONG RGTI ETF $92MN/AMar 31, 20250.54
XLRESTATE STREET(R) REAL ESTATE SELECT SECTOR SPDR(R) ETF $8.10B0.08%Oct 7, 20150.53
FTFranklin Universal Trust$223MN/AN/A0.53
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 20250.53
HUSVFIRST TRUST HORIZON MANAGED VOLATILITY DOMESTIC ETF $73M0.70%Aug 24, 20160.53