OILY
Evolve Canadian Energy Enhanced Yield Index Fund

Full OILY fund page
VS
PPLN
Global X Equal Weight Canadian Pipeline Index ETF - CAD

Full PPLN fund page

Evolve Canadian Energy Enhanced Yield Index Fund (OILY) and Global X Equal Weight Canadian Pipeline Index ETF - CAD (PPLN) offer distinct profiles for Canadian ETF investors. A direct comparison shows that OILY focuses its top 3 sector exposures on Energy, while PPLN leans towards Energy. When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 0.74% for PPLN. Performance-wise, OILY has returned 25.95% year-to-date with +$12 M in net flows, whereas PPLN is at 28.45% with -$15 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-10.0-8.0-6.0-4.0-2.00.02.0%May 19May 26Jun 2Jun 9Jun 16

Key Data

Historical performance and flows

As of June 17, 2026
1M3MYTD1Y3Y
Perf.
OILY
-10.05%-0.47%+25.95%+31.64%-
PPLN
-1.77%+8.51%+28.45%+40.48%+68.13%
Flows
OILY
+$1 M+$2 M+$12 M+$22 M-
PPLN
-$2 M+$13 M-$15 M+$60 M+$66 M

OILY vs PPLN exposure

Countries

OILY
Canada
90.54%
Other
9.46%
PPLN
Canada
78.98%
Other
21.02%

Sectors

OILY
Energy
90.54%
Other
9.46%
PPLN
Energy
78.98%
Other
21.02%
As of June 17, 2026

Top 10 Holdings

OILY
CENOVUS ENERGY
11.90%
SUNCOR ENERGY
10.80%
ARC RESOURCES
10.70%
IMPERIAL OIL
10.20%
KEYERA
9.60%
ENBRIDGE
9.46%
TC ENERGY CORP
9.44%
PEMBINA PIPELINE
9.25%
TOURMALINE OIL
9.19%
PPLN
KEYERA
20.23%
TC ENERGY CORP
20.04%
ENBRIDGE
19.37%
PEMBINA PIPELINE
19.34%

Diversification

OILY
Total weight of top 10 holdings out of 9 total
90.54%
PPLN
Total weight of top 10 holdings out of 4 total
78.98%

Characteristics

Compare
OILY
PPLN
ProviderEvolve ETFsGlobal X
ManagementActively managedPassively managed
Benchmark-Mirae Asset Equal Weight Canadian Pipeline Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield12.59%4.27%
Meets ESG criteriaNoNo
Inception DateMarch 26, 2025July 14, 2014

Frequently asked questions about OILY and PPLN

Which ETF has performed better year to date: OILY or PPLN?
As of June 17, 2026, OILY has returned 25.95% year to date, while PPLN has returned 28.45%. PPLN is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or PPLN?
As of June 17, 2026, OILY manages $26.34 M in assets, while PPLN manages $124.00 M. PPLN is the larger fund by AUM.
How are OILY and PPLN managed?
OILY is actively managed by Evolve ETFs. It does not track an index. PPLN is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Pipeline Index - CAD benchmark.
What sectors do OILY and PPLN emphasize?
OILY is most exposed to Energy. PPLN is most exposed to Energy.
Which ETF is attracting more investor flows: OILY or PPLN?
Year to date, OILY has seen +$12.04 M in net flows, compared with -$15.06 M for PPLN. OILY has attracted more net investor money so far.
How do the fees of OILY and PPLN compare?
OILY has an expense ratio of 0.60%, while PPLN has an expense ratio of 0.31%.
What are the top holdings of OILY and PPLN?
OILY's largest holdings include CENOVUS ENERGY, SUNCOR ENERGY, and ARC RESOURCES. PPLN's top holdings include KEYERA, TC ENERGY CORP, and ENBRIDGE.
Which ETF is more diversified: OILY or PPLN?
OILY holds 9 securities, while PPLN holds 4. On holdings count, OILY is the more diversified portfolio.

Recent articles about OILY and PPLN

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

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.
diamonds