VS
iShares S&P/TSX Capped Energy Index ETF (XEG) 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 XEG focuses its top 3 sector exposures on Energy, while NRGD leans towards Energy. When evaluating costs, XEG features a management fee (MER) of 0.55%, compared to 1.85% for NRGD. Performance-wise, XEG has returned 42.5% year-to-date with +$106 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
XEG
NRGD
| AuM | $2,320.58 M | $3.95 M |
| Management Fees | 0.55% | 1.85% |
| Exp. ratio | 0.60% | 2.06% |
| Tracking Difference | 5.93% | - |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEG | +4.17% | +29.43% | +42.50% | +82.47% | +100.13% |
NRGD | -10.15% | -43.75% | -56.30% | -75.43% | -83.71% | |
| Flows | XEG | -$36 M | +$353 M | +$106 M | -$327 M | -$712 M |
NRGD | +$2 M | +$3 M | +$3 M | +$3 M | +$2 M |
XEG vs NRGD exposure
Countries
XEG
Canada
99.62%
NRGD
Canada
85.70%
Other
14.30%
Sectors
XEG
Energy
99.17%
NRGD
Energy
85.70%
Other
14.30%
As of May 1, 2026
Top 10 Holdings
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%
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
XEG
Total weight of top 10 holdings out of 26 total
88.55%
NRGD
Total weight of top 10 holdings out of 10 total
85.70%
Characteristics
Compare
XEG
NRGD
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Energy Index - CAD | S&P/TSX Capped Energy Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.69% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2001 | June 18, 2007 |
Frequently asked questions about XEG and NRGD
Which ETF has performed better year to date: XEG or NRGD?
As of May 1, 2026, XEG has returned 42.50% year to date, while NRGD has returned -56.30%. XEG is ahead on YTD performance.
Which ETF is larger by assets under management: XEG or NRGD?
As of May 1, 2026, XEG manages $2.32 B in assets, while NRGD manages $3.95 M. XEG is the larger fund by AUM.
How are XEG and NRGD managed?
XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark. NRGD is passively managed by Global X. It tracks the S&P/TSX Capped Energy Total Return Index - CAD benchmark.
What sectors do XEG and NRGD emphasize?
XEG is most exposed to Energy. NRGD is most exposed to Energy.
Which ETF is attracting more investor flows: XEG or NRGD?
Year to date, XEG has seen +$106.20 M in net flows, compared with +$3.21 M for NRGD. XEG has attracted more net investor money so far.
How do the fees of XEG and NRGD compare?
XEG has an expense ratio of 0.60%, while NRGD has an expense ratio of 2.06%.
What are the top holdings of XEG and NRGD?
XEG's largest holdings include SUNCOR ENERGY, CDN NATURAL RESOURCE, and CENOVUS ENERGY. NRGD's top holdings include CDN NATURAL RESOURCE, SUNCOR ENERGY, and CENOVUS ENERGY.
Which ETF is more diversified: XEG or NRGD?
XEG holds 26 securities, while NRGD holds 10. On holdings count, XEG is the more diversified portfolio.
Recent articles about XEG and NRGD
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