ENCC.TO Alternatives & Similar ETFs

Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ENCC.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ENCC.TO

ENCC.TO charges 0.92% annually. There are 92 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.21%.

Symbol	Name	Expense Ratio	AUM	Inception
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	0.21%	63.79M	Aug 2024	ENCC.TO vs QQCI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	169.56M	Nov 2025	ENCC.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	ENCC.TO vs ECHI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	ENCC.TO vs JEPQ.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	—	Sep 2024	ENCC.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to ENCC.TO

ENCC.TO has a PortfoliosLab risk / return rank of 92. There are 13 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	195.83M	Jun 2022	ENCC.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	ENCC.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	98	1.33B	Feb 2022	ENCC.TO vs BANK.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	97	4.77B	Jan 2011	ENCC.TO vs ZWB.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	201.63M	Jul 2023	ENCC.TO vs BKCL.TO

Top Performing ENCC.TO Alternatives (YTD)

ENCC.TO is at 31.48% YTD. There are 7 ETFs in the Derivative Income category with higher YTD returns, going as high as 44.23%.

Symbol	Name	YTD Return	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	44.23%	—	Feb 2022	ENCC.TO vs CBNK.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	41.00%	—	Aug 2025	ENCC.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	39.90%	295.63M	Oct 2023	ENCC.TO vs ENCL.TO
HPF.TO	Harvest Energy Leaders Income ETF – Class A Units	37.52%	69.39M	Oct 2014	ENCC.TO vs HPF.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	34.00%	140.96M	Feb 2015	ENCC.TO vs NXF.TO

Lowest Volatility Alternatives to ENCC.TO

ENCC.TO has 15.41% 1-year volatility. There are 59 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.80%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.80%	214.20M	Sep 2024	ENCC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	1.97%	152.80M	Sep 2024	ENCC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	3.28%	682.20M	Nov 2018	ENCC.TO vs PYF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.70%	249.28M	Jan 2024	ENCC.TO vs HPYM.TO
PINC.TO	Purpose Multi-Asset Income Fund	6.37%	108.20M	Apr 2018	ENCC.TO vs PINC.TO

Lowest Drawdown Alternatives to ENCC.TO

ENCC.TO has a 1-year max drawdown of -8.48%. There are 42 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	214.20M	Sep 2024	ENCC.TO vs HBIL.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	-1.32%	152.80M	Sep 2024	ENCC.TO vs HBIL-U.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	-2.11%	682.20M	Nov 2018	ENCC.TO vs PYF.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	195.83M	Jun 2022	ENCC.TO vs HLIF.TO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	ENCC.TO vs PINC.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, HXQ.TO, CBIL.TO and span 11 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	100	1.20%	6.55B	Nov 2021	ENCC.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	49	14.56%	1.73B	Apr 2016	ENCC.TO vs HXQ.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	ENCC.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	54	14.15%	353.68M	Oct 2023	ENCC.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	67	12.29%	7.40B	Nov 2010	ENCC.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.38%	5.48B	Sep 2010	ENCC.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	78	44.43%	370.09M	Jun 2021	ENCC.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	ENCC.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.04%	—	Jul 2023	ENCC.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	77	13.52%	244.05M	Jul 2023	ENCC.TO vs USCL.TO

Often Compared With ENCC.TO

Investors most often compare ENCC.TO with EMAX.TO, ZEO, HMAX.TO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	78	32.75%	538.30M	Feb 2024	ENCC.TO vs EMAX.TO
ZEO	Zeo Energy Corp		6	-55.78%	—	—	ENCC.TO vs ZEO
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	19.57%	2.58B	Jan 2023	ENCC.TO vs HMAX.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	82	36.54%	—	Mar 2025	ENCC.TO vs OILY.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	13.38%	20.80B	Aug 2019	ENCC.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Quality Factor, Dividend, Large Cap Value Equities	98	29.20%	6.16B	Jun 2017	ENCC.TO vs XDIV.TO
ENS.TO	E Split Corp.		94	30.92%	—	—	ENCC.TO vs ENS.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	65	11.33%	1.30B	Feb 2022	ENCC.TO vs HYLD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.99%	8.59B	Nov 2012	ENCC.TO vs VDY.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	89	46.30%	2.32B	Mar 2001	ENCC.TO vs XEG.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	Energy Equities, Equal Weight	92	40.57%	465.06M	Oct 2009	ENCC.TO vs ZEO.TO
ZWEN.TO	BMO Covered Call Energy ETF	Energy Equities	88	35.71%	132.94M	Jan 2023	ENCC.TO vs ZWEN.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	Energy Equities	87	46.03%	144.00M	Sep 2013	ENCC.TO vs HXE.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	97	23.57%	405.23M	May 2011	ENCC.TO vs BKCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	35	-11.58%	559.99M	Apr 2011	ENCC.TO vs GLCC.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	18.30%	1.79B	Jul 2021	ENCC.TO vs HDIV.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Utilities Equities, Derivative Income, Leveraged Equities	64	10.38%	445.34M	Sep 2024	ENCC.TO vs UTES.TO
NNRG.NEO	Ninepoint Energy ETF	Energy Equities	88	44.55%	1.38B	May 2021	ENCC.TO vs NNRG.NEO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	90	16.24%	—	Mar 2025	ENCC.TO vs GOGY.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	28	-13.72%	481.30M	Feb 2024	ENCC.TO vs AMAX.TO

Compare ENCC.TO with Any Fund or Stock

Compare ENCC.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair ENCC.TO with funds that move differently

Global X Canadian Oil and Gas Equity Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ENCC.TO.

Explore ENCC.TO Diversifiers

Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) Alternatives