an ETF 4 U ? .. Exposure to the oil & natural gas industry
Investors in Horizons Enhanced Income Energy ETF (TSX:HEE) gain exposure to the performance of an equal-weighted portfolio of Canadian companies in the crude oil and natural gas industry. Apart from the monthly dividend distributions, there’s a potential call option income.
At $10.80 per share, the trailing one-year price return is 112.6%, while the year-to-date gain is 19.1%. HEE pays a decent 3.54% dividend yield. As of year-end 2021, the top four holdings are Enerplus , MEG Energy , Vermilion Energy , and Tourmaline Oil . The asset manager, Horizons ETFs Management (Canada), is a financial services company whose ETF products include a broadly diversified range of solutions for investors of all experience levels.