VS
Evolve Canadian Energy Enhanced Yield Index Fund (OILY) and iShares S&P/TSX Capped Energy Index ETF (XEG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that OILY focuses its top 3 sector exposures on Energy, while XEG leans towards Energy. When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 0.55% for XEG. Performance-wise, OILY has returned 22.54% year-to-date with +$11 M in net flows, whereas XEG is at 33.25% with +$310 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
XEG
| AuM | $25.70 M | $2,360.86 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.60% | 0.60% |
| Tracking Difference | - | 5.17% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OILY | -6.28% | +14.53% | +22.54% | +40.08% | - |
XEG | -3.99% | +22.64% | +33.25% | +67.34% | +83.67% | |
| Flows | OILY | +$1 M | +$9 M | +$11 M | +$22 M | - |
XEG | +$151 M | +$499 M | +$310 M | -$220 M | -$572 M |
OILY vs XEG exposure
Countries
OILY
Canada
89.74%
Other
10.26%
XEG
Canada
99.62%
Sectors
OILY
Energy
89.74%
Other
10.26%
XEG
Energy
99.17%
As of April 24, 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%
XEG
SUNCOR ENERGY
26.38%
CDN NATURAL RESOURCE
23.98%
CENOVUS ENERGY
12.23%
IMPERIAL OIL
6.69%
TOURMALINE OIL
5.99%
WHITECAP RESOURCES
4.66%
ARC RESOURCES
4.05%
PRAIRIESKY ROYALTY
1.83%
TAMARACK VALLEY ENERGY
1.37%
PEYTO EXPLORATION DEVELOPMENT
1.36%
Diversification
OILY
Total weight of top 10 holdings out of 9 total
89.74%
XEG
Total weight of top 10 holdings out of 26 total
88.55%
Characteristics
Compare
OILY
XEG
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Energy Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.24% | 2.87% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2025 | March 19, 2001 |
Frequently asked questions about OILY and XEG
Which ETF has performed better year to date: OILY or XEG?
As of April 24, 2026, OILY has returned 22.54% year to date, while XEG has returned 33.25%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or XEG?
As of April 24, 2026, OILY manages $25.70 M in assets, while XEG manages $2.36 B. XEG is the larger fund by AUM.
How are OILY and XEG managed?
OILY is actively managed by Evolve ETFs. It does not track an index. XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark.
What sectors do OILY and XEG emphasize?
OILY is most exposed to Energy. XEG is most exposed to Energy.
Which ETF is attracting more investor flows: OILY or XEG?
Year to date, OILY has seen +$11.45 M in net flows, compared with +$310.04 M for XEG. XEG has attracted more net investor money so far.
How do the fees of OILY and XEG compare?
OILY has an expense ratio of 0.60%, while XEG has an expense ratio of 0.60%.
What are the top holdings of OILY and XEG?
OILY's largest holdings include CENOVUS ENERGY, SUNCOR ENERGY, and IMPERIAL OIL. XEG's top holdings include SUNCOR ENERGY, CDN NATURAL RESOURCE, and CENOVUS ENERGY.
Which ETF is more diversified: OILY or XEG?
OILY holds 9 securities, while XEG holds 26. On holdings count, XEG is the more diversified portfolio.
Recent articles about OILY and XEG
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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.