Q: Can you suggested cdn$ and us$ ETFs for a pure play on oil? Do not want to own producers. Thank you
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Unless your opinion has changed over the course of the last few years it appeared back then that USO was your favoured way to play crude, as in the commodity. Anything changed ?
Is there a similar way to play natural gas? I was thinking maybe UNG, but I'm thinking the contract roll-overs make that chart look as bad as it does. Maybe the ticker symbol should be changed to U-G-L-Y.
Is there a similar way to play natural gas? I was thinking maybe UNG, but I'm thinking the contract roll-overs make that chart look as bad as it does. Maybe the ticker symbol should be changed to U-G-L-Y.
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Enbridge Inc. (ENB)
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Parkland Corporation (PKI)
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Global X Crude Oil ETF (HUC)
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United States Oil Fund (USO)
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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AltaGas Ltd. (ALA)
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BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT)
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BMO Equal Weight Oil & Gas Index ETF (ZEO)
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iShares S&P/TSX Composite High Dividend Index ETF (XEI)
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iShares S&P/TSX Capped Energy Index ETF (XEG)
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iShares S&P/TSX Global Base Metals Index ETF (XBM)
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United States Oil Fund (USO)
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VanEck Oil Services ETF (OIH)
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Tourmaline Oil Corp Subscription Rcpt (TOUR)
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SPDR Metals & Mining ETF (XME)
Q: I own XEI, ALA, and TOUr but little oil.
I'm hoping to buy base metals and oil in an CDN etf. Do you think this is a good idea and what would you recommend?
I'm hoping to buy base metals and oil in an US etf. Do you think this is a good idea and what would you recommend?
I'm hoping to buy base metals and oil in an CDN etf. Do you think this is a good idea and what would you recommend?
I'm hoping to buy base metals and oil in an US etf. Do you think this is a good idea and what would you recommend?
Q: It appears oil prices are headed up this year but shares of companies like Exxon Mobil Corp. and Royal Dutch Shell and Suncor among others have lagged behind the oil market itself, and stock prices haven’t returned to pre-pandemic levels for a number of reasons that have nothing to do with the price of oil. Is there any other investment vehicle that would better reflect the rise in oil prices? How about OIL on the nyse?
Q: About investing in oil directly, here is some information members should know. Please correct me if I am wrong: Although Horizon ETF "HUC.TO" is less liquid than "USO", it has a an advantage over it in this environment: It holds the December contract, not the next 2 months contracts. In other words, USO bets on oil in the short term, and HUC.TO bets on oil in 7 months.
From Horizon: "HUC’s unique methodology is designed to provide the best possible exposure to the commodity. This is done by gaining exposure to the winter months (December) contract of each year, which is often the most liquid, to eliminate the monthly futures contract roll which often creates negative roll yield. Because the oil market is most typically in a state of contango (upward sloping curve), the process of providing investors exposure to the near- month contract 12 times per year creates a constantly changing underlying investment which can prevent the ETF from accurately tracking the commodity. HUC invests only in the December contract and executes its underlying exposure roll once per year, each June."
From Horizon: "HUC’s unique methodology is designed to provide the best possible exposure to the commodity. This is done by gaining exposure to the winter months (December) contract of each year, which is often the most liquid, to eliminate the monthly futures contract roll which often creates negative roll yield. Because the oil market is most typically in a state of contango (upward sloping curve), the process of providing investors exposure to the near- month contract 12 times per year creates a constantly changing underlying investment which can prevent the ETF from accurately tracking the commodity. HUC invests only in the December contract and executes its underlying exposure roll once per year, each June."
Q: Greetings 5i,
USO. Are there any hidden costs in carrying this over several months to a year? Decay?
Cheers!
USO. Are there any hidden costs in carrying this over several months to a year? Decay?
Cheers!
Q: They recently announced that there will be shifting 20% of their investments to future contracts that expire 2 months out, how do you see this effecting how the etf reacts to oil prices. I have invested in this fund recently to play the oil recovery over the next year or so, should i shift my approach to this investment?
Q: Hi 5I team,
Is there a way to buy call option on crude oil price rather than play inverses ETF?
Thank you,
Is there a way to buy call option on crude oil price rather than play inverses ETF?
Thank you,
Q: WCS oil price, according to BNNs feed was $9.12, or so, at the close today. Is there a vehicle to trade this commodity whereby I can buy today and wait a year or two for an eventual recovery? Not looking to play this through producers.
Q: A question about analysts who work for the banks and cover commodity stocks:
With wti and brent prices moving higher in recent weeks, when will energy stock analysts update their valuation models with a new price deck? Will the repricing trigger more buying of energy names?
Thank you
With wti and brent prices moving higher in recent weeks, when will energy stock analysts update their valuation models with a new price deck? Will the repricing trigger more buying of energy names?
Thank you
Q: I wish to go Short Oil. What ETF's are best to play in Canada and in the USA.
Q: Morning,
Is there way to play the oil/gas like the GLD in gold ?
Thank you and Regards,
Tak
Is there way to play the oil/gas like the GLD in gold ?
Thank you and Regards,
Tak