ETF Evaluator: Ninepoint North American Engy Indep ETF (ENRG) Follow This ETF

Ninepoint North American Engy Indep ETF Overview

Ninepoint North American Engy Indep ETF (ENRG) is an actively managed Sector Equity Equity Energy exchange-traded fund (ETF). Ninepoint Partners LP launched the ETF in 2026.

The investment seeks long-term growth of capital. The fund is an actively managed exchange-traded fund (“ETF”) that invests primarily in the equity securities of companies worldwide, including in emerging market countries, that are involved directly or indirectly in the exploration, development, production and/or distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector. The fund is non-diversified.

About Ninepoint North American Engy Indep ETF (ENRG)

There are 8 members of the management team with an average tenure of 0.02 years: Eric Nuttall (2026), Andrew (Andy) Hicks (2026), Jeff Sayer (2026), Qiao Duan (2026), John Wilson (2026), Colin Watson (2026), Keegan Stoyles (2026) and Nawojka Wachowiak (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

Ninepoint North American Engy Indep ETF has securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Ninepoint North American Engy Indep ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Ninepoint North American Engy Indep ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Ninepoint North American Engy Indep ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $35 million in total assets, which is below the $1 billion average for the Equity Energy category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ENRG Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Ninepoint North American Engy Indep ETF expense ratio is above average compared to funds in the Equity Energy category. Ninepoint North American Engy Indep ETF has an expense ratio of 0.65%, which is 22% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Ninepoint North American Engy Indep ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 32% for the Equity Energy category.

Recently, in the month of September 2026, Ninepoint North American Engy Indep ETF returned 0.0%, which earned it a grade of NA, as the Equity Energy category had an average return of -5.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Ninepoint North American Engy Indep ETF has a trailing yield of 0.00%, which is below the 2.39% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

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