iUnits S&P/TSX Capped Energy ETF

XEG-T

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.

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.

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.

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.