http://www.etfs.bmo.com/controller/i...file_pdf_74668
BMO S&P/TSX Equal Weight Oil & Gas Index ETF - Equity - BMO Exchange Traded Funds (ETFs)
I'm looking at getting this one soon maybe.
- lower MER than HOD.
- Canadian companies that I've actually heard of before (Enbridge, Transcan, Suncor)
- Canadian companies... so easier for tax purposes
I've been pretty balanced with my portfolio lately - haven't liked predicting economic movements for a while now, but these oil deals are very tastey looking...
Alternatively you can also just buy VCE which tracks the Canadian market which has a 25% weight balance on Canadian oil/gas companies (& 40% on Canadian financial companies). Gains might not be as good though, but still well balanced!