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Global X Crude Oil ETF (HUC $20.78)
- $20.78 Cap: $23M
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BMO Equal Weight Oil & Gas Index ETF (ZEO $74.42)
- $74.42 Fwd P/E: 15.26X Cap: $222M
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Global X Crude Oil ETF (HUC $20.78)
- $20.78 Cap: $23M
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iShares S&P/TSX Capped Energy Index ETF (XEG $17.49)
- $17.49 Fwd P/E: 36.8X Cap: $1.71B
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Q: Another question regarding Martin Pelletier's Financial Post article about using oil to hedge against possible serious geopolitical events:
Would HUC work in this scenario? Please suggest at least three other Canadian-listed oil ETFs that could also work.
Thanks.
Would HUC work in this scenario? Please suggest at least three other Canadian-listed oil ETFs that could also work.
Thanks.
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Enbridge Inc. (ENB $60.97)
- $60.97 Fwd P/E: 22.48X Cap: $132.91B
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Parkland Corporation (PKI $38.40)
- $38.40 Fwd P/E: 34.55X Cap: $6.69B
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Global X Crude Oil ETF (HUC $20.78)
- $20.78 Cap: $23M
- View HUC Profile
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United States Oil Fund (USO $77.29)
- $77.29 Cap: $1.20B
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Q: Hi Peter, Ryan, and 5i Team,
Do you have a recent opinion of HUC? I'm thinking of it as a way to use dividends from our other holdings to periodically buy shares, as we can buy and sell HUC at no cost with iTrade. Being underweight in the energy sector, holding only ENB and PKI, I'm thinking that it's a good way to "dip our toes" into this commodity ETF. I do understand that HUC can be volatile, and has relatively high fees, but as a managed ETF, its MER doesn't seem to me to be excessive.
Your thoughts please, and thanks in advance.
Do you have a recent opinion of HUC? I'm thinking of it as a way to use dividends from our other holdings to periodically buy shares, as we can buy and sell HUC at no cost with iTrade. Being underweight in the energy sector, holding only ENB and PKI, I'm thinking that it's a good way to "dip our toes" into this commodity ETF. I do understand that HUC can be volatile, and has relatively high fees, but as a managed ETF, its MER doesn't seem to me to be excessive.
Your thoughts please, and thanks in advance.
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Global X Crude Oil ETF (HUC $20.78)
- $20.78 Cap: $23M
- View HUC Profile
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iShares Gold Bullion ETF (CGL $26.15)
- $26.15 Cap: $1.11B
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Royal Canadian Mint - Canadian Gold Reserves Exchange-Traded Receipts (MNT $49.27)
- $49.27 Fwd P/E: 19.5X Cap: $1.97B
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Royal Canadian Mint - Canadian Silver Reserves Exchange-Traded Receipts (MNS $30.53)
- $30.53 Cap: $1.22B
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Q: Please recommend some CAD etfs to play commodities. Is there one that covers a broad selection?
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