NRGY.TO vs. PEY.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) and Peyto Exploration & Development Corp. (PEY.TO).

NRGY.TO is a passively managed fund by Global X that tracks the performance of the Mirae Asset Equal Weight Canadian Oil & Gas Index. It was launched on Nov 6, 2024.

Performance

NRGY.TO vs. PEY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) and Peyto Exploration & Development Corp. (PEY.TO). The values are adjusted to include any dividend payments, if applicable.

NRGY.TO vs. PEY.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NRGY.TO Global X Equal Weight Canadian Oil & Gas Index ETF	30.90%	14.36%	-3.17%
PEY.TO Peyto Exploration & Development Corp.	20.73%	42.86%	15.50%

Returns By Period

In the year-to-date period, NRGY.TO achieves a 30.90% return, which is significantly higher than PEY.TO's 20.73% return.

NRGY.TO

• 1D: -1.14%
• 1M: 10.66%
• YTD: 30.90%
• 6M: 31.97%
• 1Y: 41.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PEY.TO

• 1D: -0.51%
• 1M: 2.84%
• YTD: 20.73%
• 6M: 53.56%
• 1Y: 58.18%
• 3Y*: 48.58%
• 5Y*: 56.73%
• 10Y*: 15.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NRGY.TO vs. PEY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRGY.TO

NRGY.TO Risk / Return Rank: 90
NRGY.TO Sharpe Ratio Rank: 93
NRGY.TO Sortino Ratio Rank: 91
NRGY.TO Omega Ratio Rank: 93
NRGY.TO Calmar Ratio Rank: 86
NRGY.TO Martin Ratio Rank: 84

PEY.TO

PEY.TO Risk / Return Rank: 89
PEY.TO Sharpe Ratio Rank: 91
PEY.TO Sortino Ratio Rank: 89
PEY.TO Omega Ratio Rank: 86
PEY.TO Calmar Ratio Rank: 88
PEY.TO Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRGY.TO vs. PEY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) and Peyto Exploration & Development Corp. (PEY.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NRGY.TO	PEY.TO	Difference
Sharpe ratio Return per unit of total volatility	2.22	2.03	+0.20
Sortino ratio Return per unit of downside risk	2.66	2.66	0.00
Omega ratio Gain probability vs. loss probability	1.43	1.33	+0.09
Calmar ratio Return relative to maximum drawdown	2.67	3.46	-0.79
Martin ratio Return relative to average drawdown	9.93	11.33	-1.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRGY.TO vs. PEY.TO - Sharpe Ratio Comparison

The current NRGY.TO Sharpe Ratio is 2.22, which is comparable to the PEY.TO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of NRGY.TO and PEY.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NRGY.TO	PEY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	2.03	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.64	-0.00	+1.64

Correlation

The correlation between NRGY.TO and PEY.TO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NRGY.TO vs. PEY.TO - Dividend Comparison

NRGY.TO's dividend yield for the trailing twelve months is around 2.87%, less than PEY.TO's 4.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NRGY.TO Global X Equal Weight Canadian Oil & Gas Index ETF	2.87%	3.87%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PEY.TO Peyto Exploration & Development Corp.	4.45%	6.18%	13.21%	19.01%	10.62%	9.92%	28.68%	25.21%	10.17%	8.78%	3.97%	5.31%

Drawdowns

NRGY.TO vs. PEY.TO - Drawdown Comparison

The maximum NRGY.TO drawdown since its inception was -16.59%, smaller than the maximum PEY.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NRGY.TO and PEY.TO.

Drawdown Indicators

	NRGY.TO	PEY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-16.59%	-100.00%	+83.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.18%	-17.43%	+1.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-39.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.75%	—
Current Drawdown Current decline from peak	-1.21%	-99.95%	+98.74%
Average Drawdown Average peak-to-trough decline	-3.55%	-99.95%	+96.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.35%	5.32%	-0.97%

Volatility

NRGY.TO vs. PEY.TO - Volatility Comparison

The current volatility for Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) is 3.80%, while Peyto Exploration & Development Corp. (PEY.TO) has a volatility of 9.28%. This indicates that NRGY.TO experiences smaller price fluctuations and is considered to be less risky than PEY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRGY.TO	PEY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	9.28%	-5.48%
Volatility (6M) Calculated over the trailing 6-month period	11.61%	21.18%	-9.57%
Volatility (1Y) Calculated over the trailing 1-year period	18.77%	28.85%	-10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	38.25%	-19.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	43.59%	-24.79%