BMO S&P/TSX Oil & Gas ETF (ZEO-T)

Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.

(Past Top Pick Oct.10, 2017, Down 7%) Sold it and immediately also sold XEG, both being Canadian oil ETFs, because he sees no pipelines being built in Canada. The current $50 spread between WCS and WTI is crazy, nuts. Canadian taxpayers are losing money. It's absolute madness.

Play it with puts and calls. It's stuck in a tight range with only one spike above $12 which he doubts it'll crack again soon. This ETF doesn't move enough for him, so he'd rather own the individual oil stocks.

Sell or keep holding? The disconnect between price of oil and price of producers can only last so long. Seems totally irrational. Some think that fossil fuels are a thing of the past. Eventually the market sorts out these disconnects. In the next couple of quarters, these stocks should move up.

The mega caps dominate the index. When you go equal weight in the sector you get more of a small cap return.