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United States Brent Oil Fund LP
- The best-performing oil ETF based on five-year performance is the United States Brent Oil Fund LP.
www.nerdwallet.com/article/investing/oil-etfs
See the best oil & gas ETFs, as measured by year-to-date performance in 2024, as well as the different types of ETFs investing in the oil and natural gas industries.
- Kent Thune
Jun 21, 2024 · The best crude oil ETFs are Energy Select SPDR Fund, Vanguard Energy ETF, Alerian MLP ETF, SPDR S&P Oil & Gas Exploration & Production ETF, and United States Oil Fund LP.
- Matthew Dilallo
- Best Oil ETFs in Canada For 2024
- How to Buy Oil ETFs in Canada in 2024
- Oil ETFs Explained
- Are Oil ETFs A Good Investment?
- Downsides of Oil ETFs and Stocks
- Top 5 Oil and Gas Stocks in Canada
- Conclusion: Best Canadian Oil ETFs
Horizons Crude Oil ETF (HUC)iShares S&P/TSX Capped Energy Index ETF (XEG)BMO Equal Weight Oil and Gas Index ETF (ZEO)Horizons S&P/TSX Capped Energy Index ETF (HXE)ETFs are available at most brokerages in Canada. To avoid paying higher fees, check out these discount brokerages to buy Oil ETFs:
For investors who want exposure to stocks in the Canadian or global Oil industry, Oil ETFs are an excellent asset to add to your portfolio. Not only do these energy sector stocks offer stability for your account, but many of them also pay a healthy dividend yield to shareholders. Oil ETFs are popular for long-term investors as the dividends can pro...
The Canadian oil industry has historically been great for Canadian investors to invest in. Oil ETFs provide investors with exposure to Canadian oil companies without the volatility of monthly changes in the price of the commodity itself. Also, Oil ETFs generally have good performance with a solid dividend distribution and reasonable MERs.
The downside of investing in any single sector is that there is a serious downside if there is a negative catalyst. A great example of this was the COVID–19 pandemic, where the price of oil plummeted, and there was an overabundance of oil supply. Investing heavily into oil stocks or only owning Oil ETFs is the equivalent of putting all your eggs in...
Suncor
Suncor was founded way back in 1919 and has been a mainstay in the Canadian energy sectorever since. It specializes in the creation of synthetic crude from oil sands across North America and is one of the largest oil companies in Canada.
Pembina Pipeline Corp
Pembina is one of the major oil and gas pipeline companies that operate in Canada. This Calgary company was founded in 1954 and operates throughout North America. The company operates over 18,000 kilometres of pipelines that transport oil and natural gas around the continent.
TC Energy
Formerly known as Trans Canada Pipeline, TC Energy owns several pipelines across North America, including the failed Keystone Pipeline, which caused shares to pull back over the past year or two. Still, it is one of the best dividend payers on the TSX, with a dividend yield north of 6.2%.
The energy sector in Canada has always been a great industry to invest in. With Oil ETFs, Canadian investors no longer need to worry about picking individual oil stocks. They can now have exposure to the entire sector in one basket. Oil ETFs come in a variety of different types. Some hold Canadian oil stocks, while some hold crude oil futures contr...
Sep 13, 2024 · BMO Equal Weight Oil & Gas Index ETF. ZEO tracks the Solactive Equal Weight Canada Oil & Gas Index, which holds 11 Canadian oil stocks.
- Energy Select Sector SPDR Fund. Assets under management: $39.0 billion. Dividend yield: 3.6% Expenses: 0.10%, or $10 annually on a $10,000 investment. Every conversation about energy ETFs rightfully should begin with the Energy Select Sector SPDR Fund (XLE, $91.26) – the largest such exchange-traded fund on the market by a country mile.
- Fidelity MSCI Energy ETF. Assets under management: $1.7 billion. Dividend yield: 3.3% Expenses: 0.08% Some investors seeking out the best ETFs to buy simply prefer to choose the least expensive fund on offer, and in the energy sector, that's currently the Fidelity MSCI Energy ETF (FENY, $25.10).
- Invesco S&P 500 Equal Weight Energy ETF. Assets under management: $567.9 million. Dividend yield: 3.2% Expenses: 0.40% If these massive allocations to Exxon and Chevron make you a little nervous, there's a way to get diversified energy exposure that's much more evened out.
- iShares Global Energy ETF. Assets under management: $1.9 billion. Dividend yield: 4.5% Expenses: 0.44% Energy inflation isn't a purely American phenomenon. The rest of the world has been suffering from higher oil and gas prices … and many international oil giants have profited along with their U.S. brethren.
Oct 24, 2024 · The largest oil ETF, the United States Oil Fund LP (USO) is up 11% in 2024, while the United States Natural Gas Fund LP (UNG) is down 33% due to oversupply, weaker-than-expected demand, and milder weather conditions.
People also ask
Which ETFs are best for the energy industry?
Are oil ETFs a good investment?
What are oil & gas ETFs?
What are the different types of ETFs?
What are the best oil ETFs?
What is the largest natural gas ETF?
Mar 19, 2024 · If you want to skip our discussion on the energy sector, head over to 5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds. The oil and gas sector has witnessed a significant...
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Some investors are making a killing on oil stocks. Why not you? Click for free report now! With oil stocks on fire, check Zacks' 3 top picks right now. Click for free report!
Find info on Shopping.net. Find Top 10 oil etfs here
