VS
Evolve Canadian Energy Enhanced Yield Index Fund (OILY) and BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF - CAD (NRGD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that OILY focuses its top 3 sector exposures on Energy, while NRGD leans towards Energy. When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 1.85% for NRGD. Performance-wise, OILY has returned 32.02% year-to-date with +$10 M in net flows, whereas NRGD is at 56.3% with +$3 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
OILY
NRGD
| AuM | $26.51 M | $3.95 M |
| Management Fees | 0.60% | 1.85% |
| Exp. ratio | 0.60% | 2.06% |
| Tracking Difference | - | - |
Historical performance and flows
As of May 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OILY | +1.04% | +18.60% | +32.02% | +53.85% | - |
NRGD | -10.15% | -43.75% | -56.30% | -75.43% | -83.71% | |
| Flows | OILY | +$1 M | +$7 M | +$10 M | +$20 M | - |
NRGD | +$2 M | +$3 M | +$3 M | +$3 M | +$2 M |
OILY vs NRGD exposure
Countries
OILY
Canada
89.74%
Other
10.26%
NRGD
Canada
85.70%
Other
14.30%
Sectors
OILY
Energy
89.74%
Other
10.26%
NRGD
Energy
85.70%
Other
14.30%
As of May 5, 2026
Top 10 Holdings
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%
NRGD
CDN NATURAL RESOURCE
24.77%
SUNCOR ENERGY
23.27%
CENOVUS ENERGY
10.05%
TOURMALINE OIL
8.38%
ARC RESOURCES
5.58%
IMPERIAL OIL
5.19%
PRAIRIESKY ROYALTY
2.42%
MEG ENERGY
2.24%
WHITECAP RESOURCES
2.16%
CRESCENT POINT ENERGY
1.64%
Diversification
OILY
Total weight of top 10 holdings out of 9 total
89.74%
NRGD
Total weight of top 10 holdings out of 10 total
85.70%
Characteristics
Compare
OILY
NRGD
| Provider | Evolve ETFs | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Energy Total Return Index - CAD |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 10.37% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2025 | June 18, 2007 |
Frequently asked questions about OILY and NRGD
Which ETF has performed better year to date: OILY or NRGD?
As of May 5, 2026, OILY has returned 32.02% year to date, while NRGD has returned -56.30%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or NRGD?
As of May 5, 2026, OILY manages $26.51 M in assets, while NRGD manages $3.95 M. OILY is the larger fund by AUM.
How are OILY and NRGD managed?
OILY is actively managed by Evolve ETFs. It does not track an index. NRGD is passively managed by Global X. It tracks the S&P/TSX Capped Energy Total Return Index - CAD benchmark.
What sectors do OILY and NRGD emphasize?
OILY is most exposed to Energy. NRGD is most exposed to Energy.
Which ETF is attracting more investor flows: OILY or NRGD?
Year to date, OILY has seen +$10.29 M in net flows, compared with +$3.21 M for NRGD. OILY has attracted more net investor money so far.
How do the fees of OILY and NRGD compare?
OILY has an expense ratio of 0.60%, while NRGD has an expense ratio of 2.06%.
What are the top holdings of OILY and NRGD?
OILY's largest holdings include CENOVUS ENERGY, SUNCOR ENERGY, and IMPERIAL OIL. NRGD's top holdings include CDN NATURAL RESOURCE, SUNCOR ENERGY, and CENOVUS ENERGY.
Which ETF is more diversified: OILY or NRGD?
OILY holds 9 securities, while NRGD holds 10. On holdings count, NRGD is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.