XEL correlations (Xcel Energy)
Which assets move with XEL and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Utilities · Multi-Utilities
Volatility (ann.)
20.7%
3y weekly
Beta vs S&P 500
0.09
3y weekly
1-year return
+9.2%
price, adjusted
5-year return
+31.1%
price, adjusted
Market cap
$48.2B
latest
P/E ratio
21.3
trailing
Dividend yield
2.99%
trailing
Max drawdown
-24.0%
3y, daily closes
XEL over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with XEL
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| LNT | Alliant Energy | 0.72 | |
| ETR | Entergy | 0.72 | |
| EVRG | Evergy | 0.71 | |
| OGE | OGE Energy Corp | 0.71 | |
| IDA | IDACORP, Inc. | 0.69 | |
| AEE | Ameren | 0.68 | |
| WEC | WEC Energy Group | 0.68 | |
| XLU | Utilities Select Sector SPDR Fund | 0.67 | |
| NI | NiSource | 0.66 | |
| PPL | PPL Corporation | 0.66 | |
| DUK | Duke Energy | 0.64 | |
| POR | Portland General Electric Co | 0.64 | |
| DTE | DTE Energy | 0.63 | |
| SO | Southern Company | 0.63 | |
| CMS | CMS Energy | 0.62 |
Best diversifiers for XEL
These are the assets whose returns had the least to do with XEL's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VANI | Vivani Medical, Inc. | -0.41 | |
| ADIL | Adial Pharmaceuticals, Inc | -0.39 | |
| JANX | Janux Therapeutics, Inc. | -0.33 | |
| VKTX | Viking Therapeutics, Inc. | -0.32 | |
| ACMR | ACM Research, Inc. | -0.30 | |
| GORO | Goldgroup Mining Inc. | -0.30 | |
| VERX | Vertex, Inc. | -0.29 | |
| PSIG | PS International Group Ltd. | -0.27 | |
| OKTA | Okta, Inc. | -0.27 | |
| VTVT | vTv Therapeutics Inc. | -0.26 |
XEL vs benchmarks
XEL vs its peers
Get XEL data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/xel.jsonCorrelations, diversifiers, beta and volatility for XEL, plus one endpoint per pair. API documentation.
XEL inside major ETFs
| ETF | XEL weight | |
|---|---|---|
| XLU | Utilities Select Sector SPDR Fund | 3.57% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.51% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.48% |
| DGRO | iShares Core Dividend Growth ETF | 0.31% |
| QQQ | Invesco QQQ Trust | 0.22% |
| QQQM | Invesco Nasdaq 100 ETF | 0.21% |
| VIG | Vanguard Dividend Appreciation ETF | 0.21% |
| VYM | Vanguard High Dividend Yield ETF | 0.2% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.19% |
| VTV | Vanguard Value ETF | 0.18% |
