Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO)

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The chart shows the growth of an initial investment of CA$10,000 in Global X Canadian S&P/TSX 60 Covered Call ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) has returned 1.41% so far this year and 19.60% over the past 12 months. Over the last ten years, CNCC.TO has returned 8.48% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Mar 17, 2011, CNCC.TO's average daily return is +2,753.77%, while the average monthly return is +56,846.11%. At this rate, your investment would double in approximately 0.0 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2011 with a return of +10,289,059.5%, while the worst month was Mar 2020 at -17.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CNCC.TO closed higher 48% of trading days. The best single day was Apr 7, 2011 with a return of +10,389,900.0%, while the worst single day was Mar 12, 2020 at -12.2%.

• This ETF captured 676.37% of S&P 500 Index gains but only 59.88% of its losses — a favorable profile for investors.
• Beta of -1349.70 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CNCC.TO ranks 82 for risk / return — in the top 82% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and compare them to a chosen benchmark (S&P 500 Index).

Global X Canadian S&P/TSX 60 Covered Call ETF provided a 6.82% dividend yield over the last twelve months, with an annual payout of CA$0.93 per share.

The table displays the monthly dividend distributions for Global X Canadian S&P/TSX 60 Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Canadian S&P/TSX 60 Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Canadian S&P/TSX 60 Covered Call ETF was 38.22%, occurring on Mar 23, 2020. Recovery took 236 trading sessions.

The current Global X Canadian S&P/TSX 60 Covered Call ETF drawdown is 3.43%.

The chart below shows the rolling one-month volatility.