Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY.TO) Alternatives

Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY.TO) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OILY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to OILY.TO

OILY.TO charges 0.60% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among OILY.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	Sep 16, 2013	OILY.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	Oct 20, 2009	OILY.TO vs ZEO.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	Apr 12, 2011	OILY.TO vs XBM.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	0.61%	Oct 20, 2009	OILY.TO vs ZMT.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.61%	Mar 19, 2001	OILY.TO vs XEG.TO

Best Risk-Adjusted Alternatives to OILY.TO

Among ETFs in the Energy Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	92	Mar 19, 2001	OILY.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	91	Sep 16, 2013	OILY.TO vs HXE.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	91	Oct 20, 2009	OILY.TO vs ZMT.TO
CIF.TO	iShares Global Infrastructure Index ETF	91	Aug 27, 2008	OILY.TO vs CIF.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	90	Apr 12, 2011	OILY.TO vs XBM.TO

Top Performing OILY.TO Alternatives (YTD)

OILY.TO alternatives from the Energy Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	41.93%	Mar 19, 2001	OILY.TO vs XEG.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	41.53%	Sep 16, 2013	OILY.TO vs HXE.TO
NNRG.NEO	Ninepoint Energy ETF	37.70%	May 11, 2021	OILY.TO vs NNRG.NEO
ZWEN.TO	BMO Covered Call Energy ETF	31.77%	Jan 23, 2023	OILY.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	31.54%	Oct 20, 2009	OILY.TO vs ZEO.TO

Lowest Volatility Alternatives to OILY.TO

OILY.TO alternatives from the Energy Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	17.36%	Apr 11, 2011	OILY.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	17.49%	Aug 27, 2008	OILY.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	19.50%	Oct 20, 2009	OILY.TO vs ZEO.TO
ZWEN.TO	BMO Covered Call Energy ETF	21.06%	Jan 23, 2023	OILY.TO vs ZWEN.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	25.99%	Mar 19, 2001	OILY.TO vs XEG.TO

Lowest Drawdown Alternatives to OILY.TO

OILY.TO alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CIF.TO	iShares Global Infrastructure Index ETF	-11.10%	Aug 27, 2008	OILY.TO vs CIF.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-16.61%	Apr 11, 2011	OILY.TO vs ENCC.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-17.62%	Oct 20, 2009	OILY.TO vs ZEO.TO
ZWEN.TO	BMO Covered Call Energy ETF	-18.75%	Jan 23, 2023	OILY.TO vs ZWEN.TO
NNRG.NEO	Ninepoint Energy ETF	-20.22%	May 11, 2021	OILY.TO vs NNRG.NEO

Other ETFs from Evolve

Most popular Evolve ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	-2.91%	Feb 1, 2022	OILY.TO vs BANK.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	Technology Equities	74	-9.31%	Jul 11, 2023	OILY.TO vs QQQT.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	9.57%	Sep 3, 2024	OILY.TO vs UTES.TO
QQQY.TO	Evolve NASDAQ Technology Enhanced Yield Index Fund	Derivative Income	66	-9.65%	Oct 6, 2025	OILY.TO vs QQQY.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	1.73%	Sep 17, 2025	OILY.TO vs CANY.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	-4.60%	Jan 7, 2022	OILY.TO vs EBNK.TO
BIGY.TO	Evolve US Equity UltraYield ETF	Large Cap Blend Equities	—	-19.53%	Sep 9, 2025	OILY.TO vs BIGY.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	0.37%	Dec 1, 2025	OILY.TO vs SIXY.TO
TECH.TO	Evolve FANGMA Index ETF Hedged CAD	Technology Equities	40	-9.64%	May 4, 2021	OILY.TO vs TECH.TO
HISA.NEO	Evolve High Interest Savings Account ETF	Money Market	99	0.30%	Nov 19, 2019	OILY.TO vs HISA.NEO

Often Compared With OILY.TO

What investors most often compare with OILY.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	Oil & Gas, Derivative Income	84	30.98%	Oct 10, 2023	OILY.TO vs ENCL.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	88	11.68%	Oct 20, 2011	OILY.TO vs ZWU.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	59	31.32%	Feb 6, 2024	OILY.TO vs EMAX.TO
INTY.TO	Evolve International Equity UltraYield ETF	Derivative Income	—	—	Jan 14, 2026	OILY.TO vs INTY.TO
ETC.TO	Evolve Cryptocurrencies ETF	Cryptocurrency	6	-23.10%	Aug 21, 2024	OILY.TO vs ETC.TO
ETSX.TO	Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged	Large Cap Blend Equities	89	0.82%	Jan 9, 2023	OILY.TO vs ETSX.TO
EBIT.TO	Evolve Bitcoin ETF CAD	Cryptocurrency	5	-21.88%	Feb 17, 2021	OILY.TO vs EBIT.TO
HISU-U.TO	Evolve US High Interest Savings Account Fund	Money Market	99	0.60%	Aug 30, 2022	OILY.TO vs HISU-U.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	Commodity Producers Equities	90	30.90%	Nov 6, 2024	OILY.TO vs NRGY.TO

Compare OILY.TO with Any Fund or Stock

Compare OILY.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Evolve Canadian Energy Enhanced Yield Index Fund ETF

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