TSE:XEG

iShares S&P/TSX Capped Energy Index ETF (XEG.TO)

27.56
+0.09 (0.33%)
as of Nov 6, 2026, 8:59:54 pm Market Closed.
202 watching
0
DON'T BUY
Energy faces a lot of challenges. If you're contrarian you can buy some of this. He's not a fan of energy. Current energy prices are about right. Also, Aramco is going public, as announced today, which will attract some investment at the expense of Canadian energy stocks. Alberta needs pipelines.
TOP PICK
He's re-entered the space with another announcement of pipeline being reconsidered. A lot of these companies are back making money. The energy sector should see some change shortly, and if there is a change, oil companies will do well.
DON'T BUY
Limited energy in his portfolio, only Enbridge. Sector is trending downwards. Late cycle, when energy is not the best performer.
DON'T BUY
Canadian energy ETF. In terms of carbon risk, these are exclusively oil and gas. Has massive concerns about it. The world is shifting towards a low carbon economy. He expects them to continue paying dividends, but no growth.
TOP PICK
We are trying to bottom here. A year from now energy will be a good risk/reward.
DON'T BUY

Broadly dominated (over 50%) by the top couple of holdings. Couple of other options include HOG, a midstream provider and more diversified. BMO has an equal weight index too. He'd skew to equal weight, rather than market cap. If we get into stagflation, commodities do well, and you want an asset class that has structural ties to that. Edge your position in over time.

PAST TOP PICK
(A Top Pick Jul 06/18, Down 29%) He's away from the oil and gas table now until the selling stops.
TOP PICK
It has been around for years. Cap-weighted. He thinks you could finally see some movement in the Energy market. All the big boys are there. And there is always the Miracle October.
PAST TOP PICK
(A Top Pick Jul 06/18, Down 30%) He expected the price of oil to come back but the oil stocks did not. Until the consensus among portfolio managers changes on Canadian energy, avoid this.
DON'T BUY
Oil or tech ETF that charges a low MER? If you think oil is coming back, maybe buy it now. But he's not excited or confident that oil will come back and he feels cold towards the energy sector. The best ETF in a poor sector won't do you well. It also charges 62 basis points which is a little high.
COMMENT
ZEO-T vs XEG-T ETF – The difference between these two is concentration. The XEG is dominated 50% between CNQ-T and SU-T. In the equal weight portfolio (ZEO) these represent only 17%. There is a higher yield with XEG.
TOP PICK

If you believe in the energy side, and you don’t want to pick a particular stock, this will run with the overall market. Still significant upside yet. Good grab-bag of juniors and seniors.

COMMENT

This is more interesting than ever before. Toronto has got a little bit of its mojo back. September was a great month for the oil space in the TSX index. You might want to look at some smaller cap names to give you more torque.

DON'T BUY

Doesn’t think this is worth buying, as he doesn’t expect the price of oil is going to change much from its $50 range. Whenever the price gets high, the Americans turn on the taps and the price goes back down again.

BUY ON WEAKNESS

The energy sector outperformed the TSX as energy prices recovered last year, but the TSX has continued to go sideways to slightly higher while the energy sector has gone down. So he has been adding energy. He bought equal weight ETFs for North American energy exposure.

Showing 46 to 60 of 203 entries