VS
Compare Evolve Canadian Utilities Enhanced Yield Index Fund (UTES) vs Evolve Canadian Energy Enhanced Yield Index Fund (OILY) to find the best fit for your portfolio. UTES provides Utilities, Energy, and Communication Services exposures, while OILY is primarily weighted in Energy. When evaluating costs, UTES features a management fee (MER) of 0.6%, compared to 0.6% for OILY. Performance-wise, UTES has returned 7.37% year-to-date with +$82 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
UTES
OILY
| AuM | $342.23 M | $25.70 M |
| Management Fees | 0.60% | 0.60% |
| Exp. ratio | 0.84% | 0.60% |
| Tracking Difference | - | - |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UTES | -2.73% | +5.71% | +7.37% | +16.72% | - |
OILY | -6.28% | +14.53% | +22.54% | +40.08% | - | |
| Flows | UTES | +$35 M | +$62 M | +$82 M | +$250 M | - |
OILY | +$1 M | +$9 M | +$11 M | +$22 M | - |
UTES vs OILY exposure
Countries
UTES
Canada
100.17%
OILY
Canada
89.74%
Other
10.26%
Sectors
UTES
Utilities
40.77%
Energy
31.24%
Communication Services
28.15%
OILY
Energy
89.74%
Other
10.26%
As of April 24, 2026
Top 10 Holdings
UTES
ALTAGAS
10.83%
ENBRIDGE
10.56%
PEMBINA PIPELINE
10.35%
TC ENERGY CORP
10.33%
ROGERS COMMUNICATIONS
10.07%
EMERA
10.02%
HYDRO ONE
9.97%
FORTIS
9.95%
BCE
9.31%
TELUS
8.78%
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
UTES
Total weight of top 10 holdings out of 10 total
100.17%
OILY
Total weight of top 10 holdings out of 9 total
89.74%
Characteristics
Compare
UTES
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 | 14.84% | 12.24% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2024 | March 26, 2025 |
Frequently asked questions about UTES and OILY
Which ETF has performed better year to date: UTES or OILY?
As of April 24, 2026, UTES has returned 7.37% year to date, while OILY has returned 22.54%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: UTES or OILY?
As of April 24, 2026, UTES manages $342.23 M in assets, while OILY manages $25.70 M. UTES is the larger fund by AUM.
How are UTES and OILY managed?
UTES 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 UTES and OILY emphasize?
UTES is most exposed to Utilities, Energy, and Communication Services. OILY is most exposed to Energy.
Which ETF is attracting more investor flows: UTES or OILY?
Year to date, UTES has seen +$81.82 M in net flows, compared with +$11.45 M for OILY. UTES has attracted more net investor money so far.
How do the fees of UTES and OILY compare?
UTES has an expense ratio of 0.84%, while OILY has an expense ratio of 0.60%.
What are the top holdings of UTES and OILY?
UTES's largest holdings include ALTAGAS, ENBRIDGE, and PEMBINA PIPELINE. OILY's top holdings include CENOVUS ENERGY, SUNCOR ENERGY, and IMPERIAL OIL.
Which ETF is more diversified: UTES or OILY?
UTES holds 10 securities, while OILY holds 9. On holdings count, UTES is the more diversified portfolio.
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