Weekly Energy 🛢 Income ETF Update - September 25
Over the last year, NRGI leads the Canadian energy income peer group with a +36.98% total return, followed closely by EMAX (+35.66%), ENCL (+34.28%), and OILY (+31.84%) as of September 25, 2026. The relatively tight spread shows that underlying Canadian energy exposure remains the dominant return driver, while leverage, option overlays, and portfolio construction create the differences between strategies.
Shorter-term leadership has rotated. Over the last 6 months, NRGI (+8.73%) leads, followed by EMAX (+4.92%), ENCL (+4.72%), and OILY (+1.52%). Over 3 months, EMAX (+14.27%) leads, ahead of OILY (+7.30%), NRGI (+6.79%), and ENCL (+5.01%). Over the last 1 month, EMAX (+2.03%) and OILY (+0.21%) were positive, while NRGI (-1.11%) and ENCL (-1.74%) declined modestly.
