OILY.TO vs. XEG.TO
Compare and contrast key facts about Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO).
OILY.TO and XEG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OILY.TO is a passively managed fund by Evolve that tracks the performance of the Solactive Canada Energy Top 10 Index. It was launched on Mar 26, 2025. XEG.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Capped Energy Index. It was launched on Mar 19, 2001. Both OILY.TO and XEG.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
OILY.TO vs. XEG.TO - Performance Comparison
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OILY.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OILY.TO Evolve Canadian Energy Enhanced Yield Index Fund ETF | 30.30% | 3.96% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 41.93% | 12.75% |
Returns By Period
In the year-to-date period, OILY.TO achieves a 30.30% return, which is significantly lower than XEG.TO's 41.93% return.
OILY.TO
- 1D
- -2.08%
- 1M
- 9.89%
- YTD
- 30.30%
- 6M
- 31.31%
- 1Y
- 36.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEG.TO
- 1D
- -0.62%
- 1M
- 15.54%
- YTD
- 41.93%
- 6M
- 49.98%
- 1Y
- 59.58%
- 3Y*
- 26.94%
- 5Y*
- 32.83%
- 10Y*
- 13.00%
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OILY.TO vs. XEG.TO - Expense Ratio Comparison
OILY.TO has a 0.60% expense ratio, which is lower than XEG.TO's 0.61% expense ratio.
Return for Risk
OILY.TO vs. XEG.TO — Risk / Return Rank
OILY.TO
XEG.TO
OILY.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
| OILY.TO | XEG.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.51 | 2.31 | -0.80 |
Sortino ratioReturn per unit of downside risk | 1.94 | 2.76 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.42 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.98 | -1.31 |
Martin ratioReturn relative to average drawdown | 6.06 | 10.68 | -4.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OILY.TO | XEG.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 2.31 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.16 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.43 | 0.28 | +1.15 |
Correlation
The correlation between OILY.TO and XEG.TO is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
OILY.TO vs. XEG.TO - Dividend Comparison
OILY.TO's dividend yield for the trailing twelve months is around 11.26%, more than XEG.TO's 2.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OILY.TO Evolve Canadian Energy Enhanced Yield Index Fund ETF | 11.26% | 11.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.70% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Drawdowns
OILY.TO vs. XEG.TO - Drawdown Comparison
The maximum OILY.TO drawdown since its inception was -22.70%, smaller than the maximum XEG.TO drawdown of -87.74%. Use the drawdown chart below to compare losses from any high point for OILY.TO and XEG.TO.
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Drawdown Indicators
| OILY.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.70% | -87.74% | +65.04% |
Max Drawdown (1Y)Largest decline over 1 year | -22.70% | -20.69% | -2.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.66% | — |
Current DrawdownCurrent decline from peak | -2.40% | -1.13% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -29.36% | +24.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.29% | 5.78% | +0.51% |
Volatility
OILY.TO vs. XEG.TO - Volatility Comparison
The current volatility for Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY.TO) is 4.79%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 5.36%. This indicates that OILY.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OILY.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 5.36% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 13.41% | 14.71% | -1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 25.99% | -1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.66% | 28.48% | -3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.66% | 33.30% | -8.64% |