Top Oil ETFs Profiles
Despite talk about moving away from oil dependence, the fact remains that much of the world cannot function without oil. Whenever oil supply is disrupted, the price surges, which trickles down and impacts the cost of food, shipping, and transportation, just to name a few examples. For this reason and many others, investors may want exposure to oil stocks. Oil stocks can include companies involved in drilling, production, exploration, refining and marketing. Barchart’s Top Oil Stocks list will help investors identify and compare oil stocks to find the best investment opportunities.
Betapro Crude Oil 2X Daily Bull ETF (HOU.TO)
Full ProfileThe BetaPro Crude Oil 2x Daily Bull ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index ER. Horizons HOU is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF's investment will be hedged back to the Canadian dollar to the best of its ability.
Harvest Energy Leaders Plus Income ETF (HPF.TO)
Full ProfileThe Harvest Energy Leaders Plus Income ETF invests in an equally weighted portfolio of Equity Securities of 20 Energy Issuers chosen from the Energy Leaders Investable Universe that (i) have a minimum market capitalization of at least $10 billion (ii) are paying a dividend/distribution; (iii) have options in respect of their Equity Securities listed on a recognized options exchange; and (iv) have operations and/or offices in at least two countries. In order to provide a more diversified exposure for Canadian investors that are seeking exposure to the energy sector, the Fund aims to focus on Energy Leaders with operations and/or offices outside of Canada. The portfolio is rebalanced quarterly back to equal weights. *Formerly Energy Leaders Plus Income Fund.
GX Crude Oil ETF (HUC.TO)
Full ProfileThe Global X Crude Oil ETF seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER. HUC is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF's investment will be hedged back to the Canadian dollar to the best of the ETF's ability.
BMO S&P TSX Eql Weight Oil Gas Index ETF (ZEO.TO)
Full ProfileThe BMO Equal Weight Oil and Gas Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Oil and Gas Index, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.