A side-by-side comparison of Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY) and Hamilton Energy YIELD MAXIMIZER ETF (EMAX) to help Canadian investors make an informed decision.
CIBC Investor's Edge
Transfer your investments to CIBC Investor's Edge and get rewarded with an offer of up to $3,000.
- ✓$6.95 flat-rate commissions
- ✓Backed by Big Five bank security
- ✓Transfer bonus offer up to $3,000
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | NRGY | EMAX |
|---|---|---|
| YTD Return | +32.96%✓ | +20.84% |
| 1-Day Change | +2.09%✓ | +1.51% |
| 1-Week Change | -0.45% | -0.24%✓ |
| 1-Month Change | +2.52%✓ | -0.89% |
| Current Price | $28.84 | $16.76 |
| AUM | $282M | $481M✓ |
| MER (Expense Ratio) | — | — |
| Dividend Yield | 3.13% | 10.30%✓ |
| Distribution Frequency | Annually | Monthly |
| Inception Date | 2024-11-06 | 2024-02-06 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | — |
| Category | Energy Equity | Energy Equity |
| Beta | 0.00 | 0.00 |
| 52-Week High | $29.97 | $17.89 |
| 52-Week Low | $18.68 | $11.20 |
| 50-Day MA | $27.65 | $16.83 |
| 200-Day MA | $23.53 | $15.01 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | NRGY | EMAX |
|---|---|---|
| YTD | +32.96%✓ | +20.84% |
| 1 Year | +52.99%✓ | +10.41% |
| 3 Year | — | — |
| 5 Year | — | — |
| 10 Year | — | — |
| 1Y Volatility | 15.84% | 18.15% |
| Sharpe Ratio (3Y) | — | — |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | CVE | Cenovus Energy Inc | 9.72% |
| 2 | ARX | ARC Resources Ltd. | 9.10% |
| 3 | SU | Suncor Energy Inc | 8.86% |
| 4 | WCP | Whitecap Resources Inc. | 8.75% |
| 5 | IMO | Imperial Oil Ltd | 8.56% |
| 6 | PPL | Pembina Pipeline Corp | 8.13% |
| 7 | TRP | TC Energy Corp | 8.11% |
| 8 | ENB | Enbridge Inc | 7.90% |
| 9 | SOBO | South Bow Corporation | 7.87% |
| 10 | TOU | Tourmaline Oil Corp. | 7.70% |
| 1 | SLB | Schlumberger NV | 5.70% |
| 2 | HAL | Halliburton Company | 5.67% |
| 3 | CVE | Cenovus Energy Inc | 5.59% |
| 4 | BKR | Baker Hughes Co | 5.55% |
| 5 | FANG | Diamondback Energy Inc | 5.32% |
| 6 | SU | Suncor Energy Inc | 5.26% |
| 7 | IMO | Imperial Oil Ltd | 5.25% |
| 8 | MPC | Marathon Petroleum Corp | 5.21% |
| 9 | DVN | Devon Energy Corporation | 5.17% |
| 10 | VLO | Valero Energy Corporation | 5.11% |
Sector Weights
| Sector | NRGY | EMAX |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 100.00% | 100.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About NRGY
Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About EMAX
Hamilton Energy YIELD MAXIMIZER ETF (EMAX.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both NRGY and EMAX are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, EMAX scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between NRGY and EMAX?
NRGY (Global X Equal Weight Canadian Oil & Gas Index ETF) and EMAX (Hamilton Energy YIELD MAXIMIZER ETF) are both Canadian-listed ETFs. Key differences include their AUM ($282M vs $481M), dividend yield (3.13% vs 10.30%), and year-to-date performance (+32.96% vs +20.84%).
Is NRGY better than EMAX?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, NRGY has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy NRGY and EMAX on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both NRGY and EMAX should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report