Overview
Description
The Global X Canadian Oil & Gas ETF is an investment fund that primarily focuses on replicating the performance of the Canadian oil and gas industry. This ETF provides investors exposure to a range of companies that are actively engaged in the exploration, extraction, and production of fossil fuels throughout Canada, one of the world's largest energy markets. By investing in this ETF, participants gain access to a diversified portfolio of Canadian-based energy producers, spanning both upstream activities like drilling and exploration, and midstream operations including transportation and storage of oil and gas.
Notable for its representation of a vital sector within the Canadian economy, the ETF highlights key industry players that strengthen and drive economic contributions through energy production. The assets held within this ETF play a crucial role in supplying hydrocarbons domestically and internationally, underscoring Canada's prominence in global energy markets. The Global X Canadian Oil & Gas ETF serves as a valuable tool for investors seeking sector-specific exposure, hedging against energy price fluctuations, or targeting growth opportunities within the North American energy landscape.
About
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
XTSE