VS

Correlation: 98.6%

What is FTXN?

FTXN was created on 2016-09-20 by First Trust. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 123.37m in AUM and 42 holdings. FTXN tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility", value and growth factors.

What is IEO?

IEO was created on 2006-05-01 by iShares. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 438.28m in AUM and 49 holdings. IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

Key Details

FTXN
IEO
Website
www.ftportfolios.com
www.ishares.com
Inception Date

Sep 20, 2016

May 01, 2006

Asset Class

Equity

Equity

Investment Segment

Energy

Energy

AUM
$124.26M
$454.59M
Dividend Yield
2.94%
2.83%
Expense Ratio
0.60%
0.40%
Return 1Y
-18.40%
-23.20%

Holdings

Traded Fund III First Trust Nasdaq Oil & Gas ETF - FTXN is made up of 41 holdings. iShares U.S. Oil & Gas Exploration & Production ETF - IEO is made up of 50 holdings.

Name
Weight
X
XOMExxon Mobil Corp.

8.7%

C
COPConocoPhillips

8.12%

E
EOGEOG Resources, Inc.

7.88%

C
CVXChevron Corp.

7.75%

O
OXYOccidental Petroleum Corp.

6.99%

K
KMIKinder Morgan, Inc.

4.31%

L
LNGCheniere Energy, Inc.

4.01%

F
FANGDiamondback Energy, Inc.

3.83%

S
SLBSchlumberger Ltd.

3.82%

D
DVNDevon Energy Corp.

3.74%

W
WMBThe Williams Cos., Inc.

3.7%

O
OKEONEOK, Inc.

3.14%

H
HALHalliburton Co.

2.5%

P
PSXPhillips 66

2.44%

T
TRGPTarga Resources Corp.

2.29%

P
PRPermian Resources Corp.

2.16%

A
APAAPA Corp.

2.11%

E
EQTEQT Corp.

2.11%

O
OVVOvintiv, Inc.

2.11%

B
BKRBaker Hughes Co.

2.09%

C
CTRACoterra Energy, Inc.

1.97%

C
CIVICivitas Resources, Inc.

1.63%

M
MTDRMatador Resources Co.

1.33%

C
CHRDChord Energy Corp.

1.32%

S
SMSM Energy Co.

0.92%

D
DTMDT Midstream, Inc.

0.92%

N
NOVNOV, Inc.

0.8%

N
NOGNorthern Oil & Gas, Inc.

0.8%

R
RRCRange Resources Corp.

0.62%

A
AMAntero Midstream Corp.

0.61%

Name
Weight
C
COPConocoPhillips

20.03%

M
MROConocoPhillips

18.66%

E
EOGEOG Resources, Inc.

11%

P
PSXPhillips 66

7.18%

M
MPCMarathon Petroleum Corp.

6.09%

E
EQTEQT Corp.

4.94%

T
TPLTexas Pacific Land Corp.

4.7%

F
FANGDiamondback Energy, Inc.

4.57%

H
HESHess Corp.

4.45%

C
CHKExpand Energy Corp.

4.44%

V
VLOValero Energy Corp.

4.41%

D
DVNDevon Energy Corp.

4%

C
CTRACoterra Energy, Inc.

3.77%

S
SWNExpand Energy Corp.

3.59%

A
ARAntero Resources Corp.

1.94%

O
OVVOvintiv, Inc.

1.76%

R
RRCRange Resources Corp.

1.63%

P
PRPermian Resources Corp.

1.54%

A
APAAPA Corp.

1.18%

C
CHRDChord Energy Corp.

1.17%

V
VNOMViper Energy, Inc.

1.07%

D
DINOHF Sinclair Corp.

0.96%

M
MTDRMatador Resources Co.

0.96%

C
CNXCNX Resources Corp.

0.92%

M
MGYMagnolia Oil & Gas Corp.

0.8%

M
MURMurphy Oil Corp.

0.59%

S
SMSM Energy Co.

0.52%

C
CIVICivitas Resources, Inc.

0.52%

C
CRCCalifornia Resources Corp.

0.51%

N
NOGNorthern Oil & Gas, Inc.

0.47%

Strategies that include

Create your own
strategy with

FTXN
Three dimensional double logo

Stock Correlation

The stocks that are correlated to FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF are OVV, DVN, MGY, MTDR, FANG

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
O
OVVOvintiv, Inc.
91.65%$8.74B-36.37%3.60%
D
DVNDevon Energy Corp.
91.55%$20.25B-40.48%3.62%
M
MGYMagnolia Oil & Gas Corp.
91.24%$4.04B-19.85%2.61%
M
MTDRMatador Resources Co.
91.16%$5.14B-37.03%2.37%
F
FANGDiamondback Energy, Inc.
90.75%$40.15B-32.83%3.80%
H
HALHalliburton Co.
90.14%$17.84B-46.36%3.37%
C
CHRDChord Energy Corp.
90.10%$5.61B-48.51%8.69%
C
COPConocoPhillips
90.01%$113.47B-30.87%3.51%
P
PRPermian Resources Corp.
89.45%$8.42B-30.97%4.75%
N
NOGNorthern Oil & Gas, Inc.
89.10%$2.33B-45.35%7.25%
M
MURMurphy Oil Corp.
88.16%$3.05B-53.66%5.72%
E
EOGEOG Resources, Inc.
88.02%$61.40B-17.42%3.40%
O
OXYOccidental Petroleum Corp.
88.00%$37.56B-40.69%2.27%
H
HESHess Corp.
87.07%$40.33B-16.92%1.51%
P
PTENPatterson-UTI Energy, Inc.
86.51%$2.27B-49.31%5.58%
C
CVXChevron Corp.
86.35%$239.82B-15.69%4.85%
S
SMSM Energy Co.
86.17%$2.62B-54.07%3.43%
A
APAAPA Corp.
85.99%$5.77B-50.53%6.39%
S
SLBSchlumberger Ltd.
84.85%$47.06B-30.15%3.26%
C
CIVICivitas Resources, Inc.
84.85%$2.72B-58.70%6.92%

The stocks that are correlated to IEO - iShares U.S. Oil & Gas Exploration & Production ETF are MTDR, DVN, OVV, COP, MGY

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
M
MTDRMatador Resources Co.
92.56%$5.14B-37.03%2.37%
D
DVNDevon Energy Corp.
92.40%$20.25B-40.48%3.62%
O
OVVOvintiv, Inc.
92.15%$8.74B-36.37%3.60%
C
COPConocoPhillips
91.51%$113.47B-30.87%3.51%
M
MGYMagnolia Oil & Gas Corp.
91.51%$4.04B-19.85%2.61%
F
FANGDiamondback Energy, Inc.
91.41%$40.15B-32.83%3.80%
C
CHRDChord Energy Corp.
90.58%$5.61B-48.51%8.69%
P
PRPermian Resources Corp.
90.16%$8.42B-30.97%4.75%
N
NOGNorthern Oil & Gas, Inc.
89.93%$2.33B-45.35%7.25%
M
MURMurphy Oil Corp.
88.76%$3.05B-53.66%5.72%
E
EOGEOG Resources, Inc.
88.71%$61.40B-17.42%3.40%
H
HALHalliburton Co.
88.67%$17.84B-46.36%3.37%
S
SMSM Energy Co.
87.82%$2.62B-54.07%3.43%
O
OXYOccidental Petroleum Corp.
87.65%$37.56B-40.69%2.27%
A
APAAPA Corp.
86.67%$5.77B-50.53%6.39%
P
PTENPatterson-UTI Energy, Inc.
86.17%$2.27B-49.31%5.58%
C
CIVICivitas Resources, Inc.
86.04%$2.72B-58.70%6.92%
H
HESHess Corp.
85.98%$40.33B-16.92%1.51%
V
VTLEVital Energy, Inc.
85.39%$601.43M-71.93%0.00%
C
CVXChevron Corp.
85.02%$239.82B-15.69%4.85%

ETF Correlation

The ETFs that are correlated to FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF are RSPG, VDE, FENY, IYE, XLE

Name
Correlation
AUM
Expense Ratio
R
RSPGInvesco S&P 500 Equal Weight Energy ETF
99.23%$431.95M0.4%
V
VDEVanguard Energy ETF
99.04%$6.50B0.09%
F
FENYFidelity MSCI Energy Index ETF
99.03%$1.32B0.084%
I
IYEiShares U.S. Energy ETF
98.88%$1.11B0.39%
X
XLEThe Energy Select Sector SPDR Fund
98.66%$26.00B0.09%
I
IEOiShares U.S. Oil & Gas Exploration & Production ETF
98.60%$454.59M0.4%
F
FXNTraded Fund III First Trust Energy AlphaDEX Fund
98.22%$265.63M0.62%
D
DRLLStrive U.S. Energy ETF
97.46%$254.07M0.41%
X
XOPSPDR Oil & Gas Exploration and Production ETF
97.44%$1.86B0.35%
P
PXEInvesco Energy Exploration & Production ETF
97.32%$72.57M0.63%
I
IXCiShares Global Energy ETF
96.51%$1.59B0.41%
I
IGEiShares North American Natural Resources ETF
95.97%$585.31M0.41%
F
FCGTraded Fund III First Trust Natural Gas ETF
95.50%$304.61M0.6%
P
PSCEInvesco S&P SmallCap Energy ETF
93.47%$58.23M0.29%
O
OIHVanEck Oil Services ETF
92.38%$894.03M0.35%
I
IEZiShares U.S. Oil Equipment & Services ETF
92.11%$121.01M0.4%
X
XESSPDR Oil & Gas Equipment and Services ETF
91.61%$140.61M0.35%
P
PXJInvesco Oil & Gas Services ETF
91.25%$26.90M0.66%
S
SPGPInvesco S&P 500 GARP ETF
83.89%$2.76B0.36%
P
PWVInvesco Large Cap Value ETF
82.80%$965.52M0.53%

The ETFs that are correlated to IEO - iShares U.S. Oil & Gas Exploration & Production ETF are XOP, FTXN, PXE, RSPG, FXN

Name
Correlation
AUM
Expense Ratio
X
XOPSPDR Oil & Gas Exploration and Production ETF
98.69%$1.86B0.35%
F
FTXNTraded Fund III First Trust Nasdaq Oil & Gas ETF
98.60%$124.26M0.6%
P
PXEInvesco Energy Exploration & Production ETF
98.54%$72.57M0.63%
R
RSPGInvesco S&P 500 Equal Weight Energy ETF
98.47%$431.95M0.4%
F
FXNTraded Fund III First Trust Energy AlphaDEX Fund
98.35%$265.63M0.62%
V
VDEVanguard Energy ETF
97.86%$6.50B0.09%
F
FENYFidelity MSCI Energy Index ETF
97.80%$1.32B0.084%
I
IYEiShares U.S. Energy ETF
97.61%$1.11B0.39%
D
DRLLStrive U.S. Energy ETF
97.30%$254.07M0.41%
X
XLEThe Energy Select Sector SPDR Fund
97.27%$26.00B0.09%
F
FCGTraded Fund III First Trust Natural Gas ETF
96.55%$304.61M0.6%
I
IXCiShares Global Energy ETF
94.94%$1.59B0.41%
I
IGEiShares North American Natural Resources ETF
94.72%$585.31M0.41%
P
PSCEInvesco S&P SmallCap Energy ETF
93.60%$58.23M0.29%
O
OIHVanEck Oil Services ETF
90.94%$894.03M0.35%
X
XESSPDR Oil & Gas Equipment and Services ETF
90.60%$140.61M0.35%
I
IEZiShares U.S. Oil Equipment & Services ETF
90.50%$121.01M0.4%
P
PXJInvesco Oil & Gas Services ETF
90.16%$26.90M0.66%
S
SPGPInvesco S&P 500 GARP ETF
82.72%$2.76B0.36%
R
RLYSPDR SSgA Multi Asset Real Return ETF
80.70%$470.17M0.5%

Holding Overlap

FTXN - Traded Fund III First Trust Nasdaq Oil & Gas ETF and IEO - iShares U.S. Oil & Gas Exploration & Production ETF have a 21 holding overlap. Which accounts for a 34.0% overlap.

Number of overlapping holdings

21

% of overlapping holdings

33.97%

Name
Weight in FTXN
Weight in IEO
C
COPConoco Phillips
8.12%38.69%
E
EOGEOG Resources, Inc.
7.88%11.00%
F
FANGDiamondback Energy Inc
3.83%4.57%
D
DVNDevon Energy Corp.
3.74%4.00%
P
PSXPhillips 66
2.44%7.18%
P
PRPermian Resources Corp - Ordinary Shares - Class A
2.16%1.54%
A
APAAPA Corporation
2.11%1.18%
E
EQTEQT Corp
2.11%4.94%
O
OVVOvintiv Inc
2.11%1.76%
C
CTRACoterra Energy Inc
1.97%3.77%

News

SeekingAlpha

Institutional, Retail Investors Shed $27B In U.S. Stocks In Early April Sell-Off

SeekingAlpha

While the tariff introduction was telegraphed well ahead of time, the scope and scale of the tariffs surprised financial markets.

SeekingAlpha

Job openings rose, there was no rise in jobless claims even after the large layoffs in the government sector, and the inflation reports were better than expected. Click to read.

SeekingAlpha

AI Generation Will Increase Power Demand Globally, Setting The Stage For What Could Be A Black Swan Event

SeekingAlpha

The idea of a U.S. gold revaluation is making the rounds, though it’s far from a base case. Click to read.

SeekingAlpha

Learn about the potential opportunities in the midstream energy sector, including M&A activity and the impact of less stringent permitting for pipelines.

SeekingAlpha

Institutional, Retail Investors Shed $27B In U.S. Stocks In Early April Sell-Off

SeekingAlpha

AMLP's 7.88% dividend yield, resilience in volatile markets, and stability in midstream energy investments make it a top buy. See more on AMLP stock here.

SeekingAlpha

Job openings rose, there was no rise in jobless claims even after the large layoffs in the government sector, and the inflation reports were better than expected. Click to read.

SeekingAlpha

AI Generation Will Increase Power Demand Globally, Setting The Stage For What Could Be A Black Swan Event

SeekingAlpha

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. Click to read.

SeekingAlpha

The idea of a U.S. gold revaluation is making the rounds, though it’s far from a base case. Click to read.

Disclaimer

Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

Zero expense ratio
index investing

Company

Resources

Popular ETFs

ETF Comparisons

© Double Finance, 2024

Double is a registered investment adviser with the US Securities and Exchange Commission (SEC). While such registration does not imply a certain level of skill, it does require us to follow federal regulations that protect you, the investor. By law, we must provide investment advice that is in the best interest of our client. Please refer to Double's Form CRS for important additional information.

The publicly available portions of the Platform (i.e., the sections of the Platform that are available to individuals who are not party to a Client Agreement - including double.finance) are provided for educational purposes only and are not intended to provide legal, tax, or financial planning advice. To the extent that any of the content published on publicly available portions of the Platform may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Nothing on the publicly available portions of the Platform should be construed as a solicitation or offer, or recommendation, to buy or sell any security. All charts, figures, and graphs on the publicly available websites are for illustrative purposes only. Before investing, you should consider whether any investment, investment strategy, security, other asset, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You are also encouraged to consult your legal, tax, or investment professional regarding your specific situation. Registration does not imply a certain level of skill or training.

Investing involves risk. The value of your investment will fluctuate, and you may gain or lose money.

The contents of the Platform may contain forward-looking statements that are based on management's beliefs, assumptions, current expectations, estimates, and projections about the financial industry, the economy, or Global Predictions itself. Forward-looking statements are not guarantees of the underlying expected actions or future performance and future results may differ significantly from those anticipated by the forward-looking statements. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements.

¹ Data as of July 2024.

² Availability of tax loss harvesting depends on portfolio diversity.

³ As of November 8, 2024. The optional Cash Sweep program takes the cash sitting in your brokerage account and moves it to an FDIC-insured interest-earning deposit account. The current yield is 1.0%, rates subject to change at any time. The cash sweep program is made available in coordination with Apex Clearing Corporation. Please read the Important Disclosures for more information.

⁴ This analysis calculator tool is for illustrative purposes only and is not financial advice. We do not guarantee the accuracy of the results or their relevance to your particular circumstances. This calculator uses hypothetical historical data and does not take into account the effect of taxes on a taxable account. Hypothetical historical data is no guarantee of future performance and this calculator is not intended to predict actual performance. The input of different time periods, amounts, and fees will vary calculator results. Average ETF fee is based on the AUM weighted average of US ETFs as of September 2024, see more information. Note that you can purchase ETFs through Double, which may incur additional fees.

Full pricing details along with an FAQ can be found here

Data displayed in charts and graphics above are for illustrative purposes only and do not reflect actual investment results and are not a guarantee of future results.

By using double.finance, you accept our and . Double is only available to US residents.

See Double Finance Form ADV Part IIA for additional information. Double does not guarantee that the results of its advice, recommendations, or the objectives of its direct index or cash management strategies will be achieved. We make no assurance that the investment process will consistently lead to successful investing. Before you invest, you should carefully review and consider your investment objectives as well as the risks, charges, and expenses of the underlying securities. There is at least a $1,000 account minimum required to participate in Double's strategies, although some strategies may have higher minimums.

Double does not provide tax, or legal advice. Double's website, brokerage, and advisory services are not intended for persons of any jurisdiction where Double is not authorized to do business. Tax savings will vary from client to client due to many factors including market conditions, tax characteristics of securities, client-imposed investment restrictions, client tax rate or status, and changes in tax regulations.

0% Expense Ratios with TLH

We offer over 50 indexes with zero expense ratios.

Registration will take about 10 seconds