8 Best Oil ETFs in Canada 2023: Invest in the Canadian Oil Sector (2023)

For Canadian investors, Oil ETFs provide exposure to a basket of companies from the Canadian Oil Sector.

ETFs are popular because, for a much smaller management fee than mutual funds, investors get to buy and hold a variety of different companies. This takes the stress and work out of picking individual stocks.

In this article, I will cover some of the best Canadian Oil and Gas ETFs for investors in 2023.

Table of Contents Show

What is an Oil ETF?

For investors who want exposure to stocks in the Canadian or global Oil industry, Oil ETFs are an excellent asset to add to your portfolio.

Not only do these energy sector stocks offer stability for your account, but many of them also pay a healthy dividend yield to shareholders.

Oil ETFs are popular for long-term investors as the dividends can provide cash flow to invest elsewhere or steadily increase the ETF’s stake.

The energy sector is a major industry in the Canadian economy, and oil stocks are amongst the largest companies that trade on the Toronto Stock Exchange.

Here are some of the best Canadian Oil ETFs for 2023.

Best Oil ETFs in Canada for 2023

  • Horizons Crude Oil ETF (HUC)
  • iShares S&P/TSX Capped Energy Index ETF (XEG)
  • BMO Equal Weight Oil and Gas Index ETF (ZEO)
  • Horizons S&P/TSX Capped Energy Index ETF (HXE)
  • Horizons Pipelines and Energy Services Index ETF (HOG)
  • BetaPro Crude Oil Leveraged Daily Bull ETF (HOU)
  • Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC)
  • Vanguard Energy ETF (VDE)

Horizons Crude Oil ETF (HUC)

HUC was established by Horizons ETFs back in 2009 and trades on the Toronto Stock Exchange.

HUC is slightly different from your standard ETF as its holdings are 100% invested in the winter months’ crude oil futures contracts.

It is intended for tracking the performance of Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER.

This unique ETF structure eliminates the volatility of month-to-month prices of crude oil futures contracts.

Here are some key facts for HUC:

  • MER: 0.88%
  • Number of stocks: 1 (consisting of crude oil futures contracts
  • Dividend yield: N/A
  • Distribution frequency: N/A
  • 1-year performance: 26.52%
  • Eligibility: All registered and non-registered accounts

Unlike other energy sector ETFs, HUC does not pay any distribution or dividends. It also has a higher MER than your average ETF.

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This Blackrock iShares Canadian oil ETF was established in 2001 and trades on the Toronto Stock Exchange.

Unlike HUC, XEG is a sector ETF that tracks the Canadian oil industry. It replicates the performance of the S&P/TSX Capped Energy Index, net of expenses.

Despite this being a sector ETF, XEG comes with a high-risk rating. This is likely more due to the volatility in month-to-month oil prices, rather than the underlying companies.

Here are the top holdings by allocation in XEG as of January 2023:

TickerNameAllocation
CNQCanadian Natural Resources LTD25.90%
SUSuncor Energy Inc21.86%
CVECenovus Energy Inc12.94%
TOUTourmaline Oil Corp7.28%
IMOImperial Oil Corp4.47%
ARXArc Resources LTD3.75%
WCPWhitecap Resources INC2.47%
MEGMEG Energy Corp1.99%
ERFEnerplus Corp1.98%
CPGCrescent Point Energy Group1.98%

Broken down by subsectors, 58.51% of the fund is dedicated to oil and gas exploration and production, while 39.27% is dedicated to integrated oil and gas companies.

Given the focus on domestic companies, XEG is a great Canadian oil and gas ETF for those bullish on Canadian oil and gas producers.

Finally, here are some key facts for the XEG ETF:

  • MER: 0.60%
  • Number of stocks: 29
  • Dividend yield: 2.85%
  • Distribution frequency: Quarterly
  • 1-year performance: 53.17%
  • Eligibility: All registered and non-registered accounts

The XEG ETF has performed tremendously over the past year, nearly doubling your initial investment.

It pays a healthy 2.85% dividend yield quarterly and has a higher MER of 0.60%.

BMO Equal Weight Oil and Gas Index ETF (ZEO)

ZEO is an ETF from the BMO global asset management group established in 2009 and trades on the Toronto Stock Exchange.

Like XEG, ZEO comes with a high-risk rating. It holds eleven different stocks of mostly equal weighting across the Canadian oil and gas industries.

Here are the major holdings by allocation in ZEO as of January 2023:

TickerNameAllocation
IMOImperial Oil LTD11.24%
CNQCanadian Natural Resources LTD11.10%
CVECenovus Energy INC11.02%
SUSuncor Energy Inc11.0%
PPLPembina Pipeline Corp10.05%
ENBEnbridge Inc9.79%
KEYKeyera Corp9.76%
TRPTC Energy Corp8.95%
ARXARC Resources LTD8.76%
TOUTourmaline Oil Corp8.07%

And here are some key facts for ZEO:

  • MER: 0.61%
  • Number of stocks: 11
  • Dividend yield: 7.88%
  • Distribution frequency: Quarterly
  • 1-year performance: 39.46%
  • Eligibility: All registered and non-registered accounts

ZEO has a higher distribution yield and the same MER as XEG, which puts it on par with most oil ETFs on the TSX

ZEO’s equal-weighted holdings in many of the blue-chip Canadian oil and gas companies make this a fairly safe investment despite the high-risk rating.

Horizons S&P/TSX Capped Energy Index ETF (HXE)

The second Horizons ETF on this list is more of a standard oil sector ETF. HXE tracks the Canadian energy sector with a capped weighting on any of the holdings in the ETF.

HXE was established in 2013 and trades on the Toronto Stock Exchange.

(Video) 5 Best Oil Investments Now In 2023 (9% Yield)

The most appealing feature of HXE is its very low MER. In exchange for these low fees, HXE does not pay out a dividend or distribution.

Here are the top holdings by allocation in HXE as of January 2023:

TickerNameAllocation
CNQCanadian Natural Resources Ltd24.75%
SUSuncor Energy Inc21.47%
CVECenovus Energy Inc13.46%
TOUTourmaline Oil Corp8.04%
ARXArc Resources Ltd4.31%
IMOImperial Oil Ltd4.28%
WCPWhitecap Resources Inc2.43%
ERFEnerplus Corp2.05%
CPGCrescent Point Energy Corp1.99%
MEGMEG Energy Corp1.90%

And here are some key facts for HXE:

  • MER: 0.27%
  • Number of stocks: 24
  • Dividend yield: N/A
  • Distribution frequency: N/A
  • 1-year performance: 54.59%
  • Eligibility: All registered and non-registered accounts

HXE essentially tracks the same index that XEG does. It has a similar one-year performance return and similar holdings.

As mentioned, the only difference is a lower MER and no distributions.

Horizons Pipelines and Energy Services Index ETF (HOG)

The third entry from Horizons is HOG, an ETF that tracks companies that operate oil pipelines. It tracks the Solactive Pipelines and Energy Services Index, net of expenses.

This ETF was established back in 2014 and is one of the many Canadian oil ETFs on the TSX.

Here are some of the top holdings by weighted allocation in HOG as of January 2023:

TickerNameAllocation
EFXEnerflex Ltd9.32%
SESSecure Energy Services Inc9.15%
KEYKeyera Corp8.50%
PPLPembina Pipeline Corp8.40%
ALAAltagas Ltd8.36%
PKIParkland Corp8.30%
TRPTC Energy Corp8.21%
GEIGibson Energy Inc8.14%
ENBEnbridge Inc8.13%
TWMTidewater Midstream and Infrastructure Ltd8.02%

Here are the key facts for the HOG ETF:

  • MER: 0.65%
  • Number of stocks: 12
  • Dividend yield: 3.78%
  • Distribution frequency: Quarterly
  • 1-year performance: 15.94%
  • Eligibility: All registered and non-registered accounts

HOG has not performed as well as ETFs with oil producers in them. The ETF has had an average annualized return of 4.21% since its inception.

HOG does pay a good dividend yield at 3.78% every quarter.

While the returns have not been as high, the transport and storage of crude oil have been a far less volatile way to invest in the Canadian oil sector.

BetaPro Crude Oil Leveraged Daily Bull ETF (HOU)

HOU was established back in 2014 and trades on the Toronto Stock Exchange. While it is labelled as a BetaPro ETF, it falls under the umbrella of Horizons ETFs.

HOU is a leveraged oil ETF that uses 2x leverage for its returns. This means that if the ETF gains or declines, it does so at double the rate of a non-leveraged ETF.

The leveraged oil ETF requires a higher MER and does not offer any dividends or distributions to its shareholders.

Like with HUC, this ETF is 100% invested in crude oil futures contracts

Here are some key facts for the HOU ETF:

  • MER: 1.34%
  • Number of stocks: 1 (crude oil futures contracts)
  • Dividend yield: N/A
  • Distribution frequency: N/A
  • 1-year performance: 22.28%
  • Eligibility: All registered and non-registered accounts

The one-year performance of HOU shows the volatility involved in a leveraged oil ETF. Investors should know that leveraged ETFs are riskier than non-leveraged ETFs.

The 1.34% MER for HOU is extremely high, especially given the fact that it does not pay any distributions or dividends.

8 Best Oil ETFs in Canada 2023: Invest in the Canadian Oil Sector (1)

Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO)

Yet another Horizons Canadian Oil ETF, ENCC, was established in April 2011 and trades on the TSX.

It is not your typical ETF as it is one of a growing number of covered call ETFs. In these ETFs, the fund manager actively sells covered calls against held positions to earn a premium which is then paid back to shareholders as a dividend.

In exchange for stability and frequent and high dividend payouts, coveted call ETFs typically come with a higher-than-normal MER.

Here are the top holdings by weight in ENCC as of January 2023:

TickerNameAllocation
CVECenovus Energy Inc10.99%
CNQCanadian Natural Resources Ltd10.59%
IMOImperial Oil Ltd10.53%
SUSuncor Energy Inc10.46%
ARXARC Resources Ltd10.17%
PPLPembina Pipeline Corp9.86%
ENBEnbridge Inc9.76%
KEYKeyera Corp9.68%
TOUTourmaline Oil Corp8.79%
TRPTC Energy Corp8.72%

And here are some key facts about ENCC:

  • MER: 0.84%
  • Number of stocks: 10
  • Dividend yield: 13.66%
  • Distribution frequency: Monthly
  • 1-year performance: 40.10%
  • Eligibility: All registered and non-registered accounts

Canadian investors looking to invest in USO will have to buy shares in US dollars.

Vanguard Energy ETF (VDE)

VDE is the US-domiciled Vanguard Energy ETF that trades on the NYSEARCA exchange. It was established in September 2004 and holds over $10.5 billion in total net assets.

This ETF holds 100% American-based oil and gas companies, with 111 stocks that have a median market capitalization of $75.8 billion.

Here are the top holdings by weight in VDE as of January 2023:

TickerNameAllocation
XOMExxon Mobil Corp22.49%
CVXChevron Corp16.14%
COPConocoPhillips6.89%
EOGEOG Resources Ltd3.84%
SLBSchlumberger Ltd3.83%
MPCMarathon Petroleum Corp3.15%
OXYOccidental Petroleum Corp2.98%
PXDPioneer Natural Resources Co2.63%
VLOValero Energy Corp2.59%
PSXPhillips 662.54%

And here are some key facts about VDE ETF:

  • MER: 0.10%
  • Number of stocks: 111
  • Dividend yield: 2.96%
  • Distribution frequency: Quarterly
  • 1-year performance: 62.89%
  • Eligibility: All registered and non-registered accounts

As mentioned, VDE trades on US markets so Canadian investors will likely need to pay foreign exchange to buy shares in US dollars.

How To Buy Oil ETFs in Canada in 2023

ETFs are available at most brokerages in Canada. To avoid paying higher fees, check out these discount brokerages to buy Oil ETFs:

Questrade

Questrade is a discount brokerage that offers Canadian investors zero-commission buying for ETFs. You pay a small fee when you sell ETF shares.

This platform also offers stocks, bonds, mutual funds, options, currencies, and more.

(Video) Top 4 GROWTH ETFs in Canada

Questrade

8 Best Oil ETFs in Canada 2023: Invest in the Canadian Oil Sector (2)

Trade stocks, ETFs, options, etc.

Low and competitive trading fees

Top platform for advanced traders

Get $50 trade credit with $1,000 funding

Rating

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Wealthsimple Trade

Wealthsimple Trade has gained popularity in Canada, especially amongst younger investors.

Its mobile and desktop-based investing platforms are easy to use, offering free ETF and stock trading.

Wealthsimple Trade

8 Best Oil ETFs in Canada 2023: Invest in the Canadian Oil Sector (3)

Trade stocks and ETFs for free

Great trading platform for beginners

$25 cash bonus when you deposit $200+

Transfer fees waived up to $150

(Video) Canadian oil stocks offer 'tremendous upside' for investors: BMO

Rating

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Qtrade

Qtrade offers zero-commission trading for 105 Canadian ETFs. Canadian investors can buy Oil ETFs like HOG and HXE without trading fees for buying or selling.

Earn cash back when you open an account and fund it.

Qtrade

8 Best Oil ETFs in Canada 2023: Invest in the Canadian Oil Sector (4)

Trade stocks, ETFs, options, etc.

Competitive trading fees

Excellent customer service

Deposit $1,000+ for a $50 bonus

Rating

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(Video) The 3 Best Canadian Dividend ETFs On The TSX

Are Oil ETFs a Good Investment?

The Canadian oil industry has historically been great for Canadian investors to invest in.

Oil ETFs provide investors with exposure to Canadian oil companies without the volatility of monthly changes in the price of the commodity itself.

Also, Oil ETFs generally have good performance with a solid dividend distribution and reasonable MERs.

Downsides of Oil ETFs and Stocks

The downside of investing in any single sector is that there is a serious downside if there is a negative catalyst.

A great example of this was the COVID–19 pandemic, where the price of oil plummeted, and there was an overabundance of oil supply.

Investing heavily into oil stocks or only owning Oil ETFs is the equivalent of putting all your eggs in one basket.

Top 5 Oil and Gas Stocks in Canada

Suncor (TSX:SU)

Suncor was founded way back in 1919 and has been a mainstay in the Canadian energy sector ever since.

It specializes in the creation of synthetic crude from oil sands across North America and is one of the largest oil companies in Canada.

Pembina Pipeline Corp (TSX: PPL)

Pembina is one of the major oil and gas pipeline companies that operate in Canada. This Calgary company was founded in 1954 and operates throughout North America.

The company operates over 18,000 kilometres of pipelines that transport oil and natural gas around the continent.

TC Energy (TSX:TRP)

Formerly known as Trans Canada Pipeline, TC Energy owns several pipelines across North America, including the failed Keystone Pipeline, which caused shares to pull back over the past year or two.

Still, it is one of the best dividend payers on the TSX, with a dividend yield north of 6.2%.

Enbridge (TSX:ENB)

Another pipeline company and one of the biggest domestic rivals to TC Energy. Enbridge is a massive company with a market cap of nearly $110 billion.

It is one of the largest natural gas pipeline companies in the world and delivers over 20% of the natural gas supply to the United States.

Canadian Natural Resources (TSX:CNQ)

Canadian Natural Resources is an oil and natural gas company that does most of its business in Western Canada.

It also operates several offshore projects in international markets. Canadian Natural Resources is the largest heavy crude oil producer in Canada.

Conclusion: Best Canadian Oil ETFs

The energy sector in Canada has always been a great industry to invest in. With Oil ETFs, Canadian investors no longer need to worry about picking individual oil stocks. They can now have exposure to the entire sector in one basket.

Oil ETFs come in a variety of different types. Some hold Canadian oil stocks, while some hold crude oil futures contracts.

The oil stock ETFs generally pay a decent dividend distribution and have MER that are comparable to most ETFs in the industry.

For a well-diversified portfolio, investors should look to consider adding some of these best Canadian Oil ETFs to their holdings.

Canadian Oil ETF FAQs

What is the best Canadian Oil ETF?

It is hard to pick just one, but it would be between ZEO and XEG. Both have an MER of 0.61% and offer exposure to the blue-chip Canadian energy stocks. ZEO has a slightly higher dividend yield which makes it more appealing.

What is a leveraged Oil ETF?

A leveraged Oil ETF has a multiplier attached to its returns. If it is a 2X leveraged Oil ETF like HOU, then a 25% return will be 50% instead. Using the same logic, a 25% drop would be a negative return of 50%. Leveraged ETFs are generally considered to be much riskier due to their volatility.

Is there an Oil ETF that shorts Oil Companies?

Yes! Try looking at an ETF like the BetaPro Crude Oil inverse Leveraged Daily Bear ETF (HOD). An inverse ETF gains when the index or sector it tracks declines in value.

Do Oil ETFs pay dividends?

Most of them do, although Oil ETFs that only track futures contracts do not pay dividend distributions. Canadian oil stocks pay some of the highest dividend yields on the Toronto Stock Exchange, so naturally, oil ETFs on the TSX also pay a generous distribution.

Related:

  • Best Canadian Tech ETFs
  • Best Online Brokers for Beginners
  • Best REIT ETFs in Canada
  • Top Canadian REIT Stocks

FAQs

Is there a Canadian oil ETF? ›

BMO Equal Weight Oil & Gas Index ETF (ZEO.TO)

As such, the BMO Equal Weight Oil & Gas Index ETF is a viable alternative for investors. This oil ETF seeks to replicate the performance of an equal-weight Canadian large-cap oil and gas companies index.

What is the best oil stock to buy in Canada? ›

  • Parkland Fuel (TSE:PKI) The energy sector is broad, and one segment that investors often forget about is the distribution and marketing of fuels and lubricants. ...
  • Canadian Natural Resources (TSE:CNQ) ...
  • TC Energy (TSX:TRP) ...
  • Enbridge (TSE :ENB) ...
  • Tourmaline Oil (TSE:TOU)

Which oil ETF is best? ›

Quick Look at the Best Oil ETFs:

United States Oil Fund. iShares U.S. Oil & Gas Exploration and Production ETF. SPDR S&P Oil & Gas Equipment and Services ETF. ProShares Ultra Bloomberg Crude Oil.

Can US citizens invest in Canadian ETFs? ›

Canadian ETFs can be traded with a U.S. brokerage account similar to equities and is easier than trying to buy a foreign stock. Exchange-traded funds (ETFs) offer the diversity of an index with the simplicity of equity.

Is It a Good Time to Buy oil ETF? ›

It is more of a short-term trading vehicle for those with ample knowledge, education, and experience. Even then, given the current climate, the downside risk is greater than the upside potential. Therefore, it is probably best to avoid investing in oil ETFs for now.

Which company produces the most oil in Canada? ›

CNRL, which has its headquarters in Calgary, Alberta, is Canada's largest oil producer.

Who is Canada's biggest oil supplier? ›

Where does our imported oil come from? The United States (U.S.) continues to be the largest source of Canada's imported crude oil. In 2021, 66% of Canada's oil imports came from the U.S., compared to 75% in 2020.

Who is Canada's biggest oil customer? ›

CANADA AND THE U.S.

While the U.S. will continue to be an important market for Canadian energy products, growing oil and natural gas production in the U.S. means that country is not only Canada's biggest customer but also an energy export competitor.

What is the biggest oil ETF? ›

The Energy Select SPDR Fund is the largest ETF focused on energy stocks. It holds shares of energy companies that are part of the S&P 500 index. As of late 2022, the fund had 21 holdings, led by: Exxon Mobil (NYSE:XOM): 22.8% of the fund's holdings.

Which ETF gives the highest return? ›

100 Highest 5 Year ETF Returns
SymbolName5-Year Return
QQQInvesco QQQ Trust85.03%
FIWFirst Trust Water ETF84.99%
COWZPacer US Cash Cows 100 ETF84.72%
NANRSPDR S&P North American Natural Resources ETF84.56%
90 more rows

What are the top 5 ETFs to buy? ›

Top seven ETFs to buy now
ETFTickerNet Assets
Vanguard 500 Index Fund(NYSEMKT:VOO)$744.8 billion
Invesco QQQ Trust(NASDAQ:QQQ)$145.9 billion
Vanguard Growth Fund(NYSEMKT:VUG)$132.3 billion
Avantis Small-Cap U.S. Value ETF(NYSEMKT:AVUV)$4.72 billion
3 more rows
Jan 27, 2023

How do I choose a Canadian ETF? ›

Each fund is required to provide a Factsheet that contains information such as the fund's benchmark, assets, MERs, volatility, and objective.
  1. Choose the lower-cost ETF. ...
  2. Choose the ETF with the lowest volatility. ...
  3. Choose the bigger ETF. ...
  4. Consider Canadian- versus U.S.-listed ETFs. ...
  5. How to get started.

What is the safest ETF to buy? ›

Top 9 Safest Index Funds in 2023
  1. 9 Safest Index Funds and ETFs to buy in 2023. ...
  2. Vanguard S&P 500 ETF (NYSEMKT:VOO) ...
  3. Vanguard High Dividend Yield ETF (NYSEMKT:VYM) ...
  4. Vanguard Real Estate ETF (NYSEMKT:VNQ) ...
  5. iShares Core S&P Total U.S. Stock Market ETF (NYSEMKT:ITOT) ...
  6. Consumer Staples Select Sector SPDR Fund (NYSEMKT:XLP)
Feb 24, 2023

Who are the largest ETF providers in Canada? ›

Three ETF providers dominate the market: iShares, BMO, and Vanguard.

How long can a retired U.S. citizen stay in Canada? ›

When Americans of any age enter Canada, they automatically receive a tourist visa that is valid for up to 183 days.

Can a U.S. citizen move to Canada and still collect Social Security? ›

If you have Social Security credits in both the United States and Canada, you may be eligible for benefits from one or both countries. If you meet all the basic requirements under one country's system, you will get a regular benefit from that country.

Can a U.S. citizen have an investment account in Canada? ›

You can still utilize U.S. ETFs and mutual funds without PFIC issues. Investing in a Canadian Holding Company that produces passive income causes costly and complicated tax filings. It could be considered a PFIC or Canadian Foreign Corporation (CFC).

What is the best way to invest in oil right now? ›

If you choose to buy futures or options directly in oil, you will need to trade them on a commodities exchange. The more common way to invest in oil for the average investor is to buy shares of an oil ETF. Finally, you can also invest in oil through indirect exposure by owning various oil companies.

Is it too late to buy oil stocks? ›

If you are wondering if it's too late to get into energy stocks the best answer is no. Energy prices are down from their peak and there is a potential slowdown in demand on the way but, for now, the underlying fundamentals are highly in favor of higher share prices.

When should I buy oil shares? ›

It's generally better to buy oil stocks when oil prices are low and expected to rise rather than when they are already high. However, the price of oil affects different types of oil stocks in different ways. Checking out the recent price of oil is a critical first step in oil investing.

What is the number one oil company in the world? ›

Saudi Aramco is the world's largest integrated oil and gas company and its stock is not traded in the United States.

Who is the number 1 producer of oil? ›

United States

Does Canada produce more oil than US? ›

Canada Supplies Nearly Twice as Much Petroleum and Petroleum Liquids to the US as Mexico, Russia, Saudi Arabia, and Colombia Combined. Russia's war on Ukraine has prompted many countries, including the US, to look for alternative energy sources.

Who is the biggest buyer of oil in the world? ›

List of countries by oil imports
Country/RegionCrude Oil - Imports (bbl/day - est.)Year of Information
European Union14,060,0002017
China10,852,6152020
United States5,877,0002020
India4,033,0502020
82 more rows

Where does US get most of its oil? ›

In 2021, Canada was the source of 51% of U.S. gross total petroleum imports and 61% of gross crude oil imports.
  • The top five sources of U.S. total petroleum (including crude oil) imports by percentage share of total petroleum imports in 2021 were:
  • Canada51%
  • Mexico8%
  • Russia8%
  • Saudi Arabia5%
  • Colombia2%
Nov 2, 2022

Who Has More oil Canada or Russia? ›

Canada, home to the tar sands of northern Alberta, is the fourth-largest oil producer in the world after Russia, Saudi Arabia and the US, and for weeks, pro-oil Canadian politicians have called for the expansion of fossil fuel projects in response to the Ukraine crisis.

Who has more oil Saudi or Canada? ›

Click on a tile for details. Crude oil is the world's main source of fuel and largest overall source of primary energy.
...
Oil Reserves by Country 2023.
CountryReserves (end 2020)2023 Population
Venezuela303.828,838,499
Saudi Arabia297.536,947,025
Canada168.138,781,291
Iran157.889,172,767
44 more rows

Who is Canada largest pipeline company? ›

Calgary-based Enbridge operates the world's longest and most complex crude oil and liquids transportation system, encompassing more than 28,000 kilometres across North America. The company also operates more than 123,000 kilometres of natural gas pipelines in North America and the Gulf of Mexico.

Which ETF tracks the price of oil? ›

United States Brent Oil Fund, iPath Pure Beta Crude Oil ETN, and United States Oil Fund LP are top-performing funds tracking oil futures contracts.

What are the top three ETFs? ›

All data is as of February 2022.
  • The Vanguard Total Stock Market ETF (VTI) Issuer: Vanguard. Assets under management: $271.6 billion. ...
  • The SPDR S&P 500 ETF (SPY) Issuer: State Street Global Advisors. Assets under management: $373.3 billion. ...
  • The iShares Core MSCI EAFE ETF (IEFA) Issuer: iShares.

What is the most popular ETF in the world? ›

Corporate Bond
  • #1. SPDR® Portfolio Corporate Bond ETF SPBO.
  • #2. Schwab 5-10 Year Corp Bd ETF SCHI.
  • #3. iShares Broad USD Invm Grd Corp Bd ETF USIG.

How long should you hold an ETF? ›

Holding period:

If you hold ETF shares for one year or less, then gain is short-term capital gain. If you hold ETF shares for more than one year, then gain is long-term capital gain.

What is Vanguard's best performing ETF? ›

The largest Vanguard ETF is the Vanguard Total Stock Market ETF VTI with $275.63B in assets. In the last trailing year, the best-performing Vanguard ETF was VUSB at --. The most recent ETF launched in the Vanguard space was the Vanguard Ultra-Short Bond ETF VUSB on 04/05/21.

Which ETF is best for long-term growth? ›

Best long-term ETFs
  1. Vanguard S&P 500 ETF. The Vanguard S&P 500 ETF (NYSEMKT:VOO) is an index fund designed to track the S&P 500 index. ...
  2. Invesco S&P 500 Equal Weight ETF. ...
  3. iShares Russell 1000 Growth ETF. ...
  4. Vanguard Real Estate ETF. ...
  5. Schwab U.S. Dividend Equity ETF. ...
  6. iShares Core MSCI EAFE ETF. ...
  7. iShares Core Growth Allocation ETF.
Feb 3, 2023

Which funds to invest in 2023? ›

Top 10 most-popular funds in January 2023
RankFund3-year return to 1 Feb (%)
1Fundsmith Equity20.1
2Vanguard LifeStrategy 80% Equity13.9
3Vanguard LifeStrategy 100% Equity26.9
4Vanguard US Equity Index31.2
6 more rows
Feb 1, 2023

Which ETF has the highest 10 year return? ›

Best Performing ETFs of Last 10 Years: U. S. Equity

The large-cap growth-styled Invesco QQQ Trust ETF (QQQ), with an annualized return of 17.0%, is the best-performing ETF in the U. S. equity category. Selected broad market ETFs have fared quite well despite operating in out-of-favor investing styles.

Which ETFs are worth buying? ›

These ETFs offer a range of investing strategies.
...
7 Best ETFs to Buy Now.
ETFYTD total performance as of March 2 market close (includes dividends)
ProShares Bitcoin Strategy ETF (ticker: BITO)41.3%
Vanguard Short-Term Corporate Bond ETF (VCSH)0.15%
ARK Innovation ETF (ARKK)25.4%
ARK Next Generation Internet ETF (ARKW)29.9%
3 more rows

How do I buy crude oil stocks in Canada? ›

Invest in oil stocks

(SU.TO), Imperial Oil Ltd. (IMO.TO) and Canadian Natural Resources Ltd. (CNQ.TO). To buy and sell oil stocks, you need to open a stock trading account through a major bank (like Scotia iTRADE or CIBC Investor's Edge) or an online brokerage (like Wealthsimple or Interactive Brokers).

Does Vanguard have Canadian ETF? ›

Indexing at Vanguard

In Canada, we offer a suite of market-capitalization-weighted index ETFs that cover Canadian, U.S. and international equities and Canadian and global investment-grade bonds.

Is there a Canadian Vanguard ETF? ›

Vanguard Investments Canada Inc.
...
Viewing 37 of 43 funds.
SelectVanguard FTSE Global All Cap ex Canada Index ETF
TickerVXC
Fund Name/Share ClassVanguard FTSE Global All Cap ex Canada Index ETF
1YR− 3.82%
3YR+ 7.11%
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Does Vanguard have an oil ETF? ›

The Vanguard Energy ETF (VDE) offers investors a diverse play on the oil sector. Read on to find out more about this ETF. including its top holdings, returns, and fees. The Vanguard Energy ETF invests in a wide range of oil companies, with a focus on the industry giants like ExxonMobil and Chevron.

What is the most undervalued oil stock? ›

PBF Energy (PBF)

Despite this outsized performance, PBF still ranks among the most undervalued energy stocks to buy. Presently, the market prices PBF at a trailing multiple of 2.09. As a discount relative to earnings, PBF ranks better than 90.42% of sector peers.

What is the biggest Canadian oil company? ›

Which Canadian Oil & Gas Company Is the Biggest by Revenue? Cenovus Energy is the largest, with $71.37 billion (in Canadian dollars).

Which ETF has the Canadian banks? ›

Horizons Equal Weight Canada Banks Index ETF (HEWB) provides equal-weight exposure to Canada's six largest banks, commonly referred to as the “Big Six”.

What is the cheapest Canadian ETF? ›

STIC currently takes the crown for the cheapest Canadian equity ETF on the market, with a very low 0.03% expense ratio.

How do I choose an ETF in Canada? ›

Each fund is required to provide a Factsheet that contains information such as the fund's benchmark, assets, MERs, volatility, and objective.
  1. Choose the lower-cost ETF. ...
  2. Choose the ETF with the lowest volatility. ...
  3. Choose the bigger ETF. ...
  4. Consider Canadian- versus U.S.-listed ETFs. ...
  5. How to get started.

How many Canadian ETFs are there? ›

There are around 1000 ETFs listed in Canada.

What is the Canadian equivalent to the S&P 500? ›

The S&P/TSX 60 index is a large cap index for Canada, the Canadian equivalent of the S&P 500. Standard & Poor's is a provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. For more information, visit www.standardandpoors.com.

What is the ETF for oil companies? ›

Oil & Gas Exploration & Production ETF List
Symbol SymbolETF Name ETF NameESG Score Peer Percentile (%) ESG Score Peer Percentile (%)
XLEEnergy Select Sector SPDR Fund91.11%
VDEVanguard Energy ETF57.78%
XOPSPDR S&P Oil & Gas Exploration & Production ETF9.44%
IXCiShares Global Energy ETF65.56%
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