Evolve Canadian Energy Enhanced Yield Index Fund (TSX:OILY)

Assets	38.91M
Expense Ratio	0.60%
PE Ratio	14.26
Forward PE	11.13
Dividend (ttm)	1.65
Dividend Yield	14.61%
Ex-Dividend Date	Oct 30, 2026
Payout Frequency	Monthly
Payout Ratio	207.19%

Volume	27,672
Open	11.19
Previous Close	11.19
Day's Range	11.14 - 11.29
52-Week Low	8.75
52-Week High	12.44
Beta	0.27
Holdings	39
Inception Date	Mar 26, 2025

About OILY

The fund offers 1.25x leveraged exposure to the Solactive Canada Energy Top 10 Index, an equal-weighted index of ten Canadian energy companies selected based on market capitalization. The fund includes firms in energy-related industries such as oil and gas production, integrated oil, oil refining/marketing, coal, contract drilling, oilfield services/equipment, and oil and gas pipelines. Due to its very narrow holdings, investors can expect a high level of concentration and volatility in the portfolio. The underlying index rebalances on a quarterly basis while the funds leverage will be rebalanced within two business days of OILYs leverage exceeding 2% above its target leverage of 25% of NAV (i.e., if the leverage is greater than 27% of OILYs NAV). The fund employs a covered call option strategy to enhance yield, mitigate risk, and reduce volatility. Such covered call options will be written by the fund manager at its discretion on up to 100% of the funds value.

• Asset Class: Equity
• Category: Energy
• Region: North America
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: OILY
• Provider: Evolve
• Index Tracked: Solactive Canada Energy Top 10 Index - CAD - Benchmark TR Gross

Performance

OILY had a total return of 36.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.57%.

Top 10 Holdings

125.24% of assets

Name	Symbol	Weight
Suncor Energy Inc.	SU	15.20%
Canadian Natural Resources Limited	CNQ	15.01%
Whitecap Resources Inc.	WCP	14.90%
Cenovus Energy Inc.	CVE	14.22%
Tourmaline Oil Corp.	TOU	13.97%
Imperial Oil Limited	IMO	13.26%
Pembina Pipeline Corporation	PPL	13.07%
TC Energy Corporation	TRP	12.15%
Enbridge Inc.	ENB	11.45%
Cash	n/a	2.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	0.147 CAD	Nov 6, 2026
Sep 29, 2026	0.147 CAD	Oct 7, 2026
Aug 31, 2026	0.147 CAD	Sep 8, 2026
Jul 31, 2026	0.147 CAD	Aug 10, 2026
Jun 30, 2026	0.147 CAD	Jul 9, 2026
May 29, 2026	0.147 CAD	Jun 5, 2026

Data Sources: S&P Global Market Intelligence, QUODD, and more

Historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by QUODD. Several fund data points are also provided by Finnhub.

Last checked:

Nov 12, 2026

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