VS
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK) and Evolve Canadian Energy Enhanced Yield Index Fund (OILY) offer distinct profiles for Canadian ETF investors. A direct comparison shows that BANK focuses its top 3 sector exposures on Financials, while OILY leans towards Energy. When evaluating costs, BANK features a management fee (MER) of 0.6%, compared to 0.6% for OILY. Performance-wise, BANK has returned 9.81% year-to-date with +$79 M in net flows, whereas OILY is at 22.54% with +$11 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
BANK
OILY
| AuM | $967.19 M | $25.70 M |
| Management Fees | 0.60% | 0.60% |
| Exp. ratio | 0.83% | 0.60% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BANK | +11.29% | +10.20% | +9.81% | +52.71% | +67.70% |
OILY | -6.28% | +14.53% | +22.54% | +40.08% | - | |
| Flows | BANK | -$11 M | +$37 M | +$79 M | +$359 M | +$717 M |
OILY | +$1 M | +$9 M | +$11 M | +$22 M | - |
BANK vs OILY exposure
Countries
BANK
Canada
100.26%
OILY
Canada
89.74%
Other
10.26%
Sectors
BANK
Financials
100.26%
OILY
Energy
89.74%
Other
10.26%
As of April 24, 2026
Top 10 Holdings
BANK
NATIONAL BANK OF CANADA
10.90%
GREAT WEST LIFECO
10.40%
CDN IMPERIAL BK
10.20%
POWER CORPORATION OF CANADA
10.20%
TORONTO DOMINION
10.10%
SUN LIFE FINL
10.10%
BANK OF MONTREAL
9.83%
ROYAL BK CANADA
9.74%
BNS
9.45%
MANULIFE-S
9.34%
OILY
CENOVUS ENERGY
11.50%
SUNCOR ENERGY
10.90%
IMPERIAL OIL
10.40%
KEYERA
9.89%
ENBRIDGE
9.55%
ARC RESOURCES
9.51%
PEMBINA PIPELINE
9.34%
TC ENERGY CORP
9.33%
TOURMALINE OIL
9.32%
Diversification
BANK
Total weight of top 10 holdings out of 10 total
100.26%
OILY
Total weight of top 10 holdings out of 9 total
89.74%
Characteristics
Compare
BANK
OILY
| Provider | Evolve ETFs | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.13% | 12.24% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2022 | March 26, 2025 |
Frequently asked questions about BANK and OILY
Which ETF has performed better year to date: BANK or OILY?
As of April 24, 2026, BANK has returned 9.81% year to date, while OILY has returned 22.54%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: BANK or OILY?
As of April 24, 2026, BANK manages $967.19 M in assets, while OILY manages $25.70 M. BANK is the larger fund by AUM.
How are BANK and OILY managed?
BANK is actively managed by Evolve ETFs. It does not track an index. OILY is actively managed by Evolve ETFs. It does not track an index.
What sectors do BANK and OILY emphasize?
BANK is most exposed to Financials. OILY is most exposed to Energy.
Which ETF is attracting more investor flows: BANK or OILY?
Year to date, BANK has seen +$79.34 M in net flows, compared with +$11.45 M for OILY. BANK has attracted more net investor money so far.
How do the fees of BANK and OILY compare?
BANK has an expense ratio of 0.83%, while OILY has an expense ratio of 0.60%.
What are the top holdings of BANK and OILY?
BANK's largest holdings include NATIONAL BANK OF CANADA, GREAT WEST LIFECO, and CDN IMPERIAL BK. OILY's top holdings include CENOVUS ENERGY, SUNCOR ENERGY, and IMPERIAL OIL.
Which ETF is more diversified: BANK or OILY?
BANK holds 10 securities, while OILY holds 9. On holdings count, BANK is the more diversified portfolio.
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