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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to ENCC.TO

ENCC.TO charges 0.76% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among ENCC.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	ENCC.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	ENCC.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	ENCC.TO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	ENCC.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	ENCC.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to ENCC.TO

Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	ENCC.TO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	ENCC.TO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	97	Jul 5, 2023	ENCC.TO vs BKCL.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	ENCC.TO vs BANK.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	96	Mar 3, 2025	ENCC.TO vs GOGY.TO

Top Performing ENCC.TO Alternatives (YTD)

ENCC.TO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	28.41%	Feb 6, 2024	ENCC.TO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	25.17%	Oct 10, 2023	ENCC.TO vs ENCL.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.43%	Oct 25, 2022	ENCC.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.36%	Oct 20, 2011	ENCC.TO vs ZWU.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	11.06%	Apr 11, 2011	ENCC.TO vs GLCC.TO

Lowest Volatility Alternatives to ENCC.TO

ENCC.TO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.85%	Sep 12, 2024	ENCC.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.74%	Jun 14, 2023	ENCC.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.11%	Oct 20, 2011	ENCC.TO vs ZWU.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.53%	May 30, 2024	ENCC.TO vs HPYT.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.58%	Jun 8, 2022	ENCC.TO vs HLIF.TO

Lowest Drawdown Alternatives to ENCC.TO

ENCC.TO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	ENCC.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	ENCC.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	ENCC.TO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	ENCC.TO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	ENCC.TO vs HPYT.TO

Other ETFs from Global X

Most popular Global X ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	100	0.48%	Nov 1, 2021	ENCC.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	100	0.47%	Apr 12, 2023	ENCC.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Derivative Income	47	-2.23%	Oct 10, 2023	ENCC.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	40	-2.71%	Nov 30, 2010	ENCC.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	91	3.38%	Sep 14, 2010	ENCC.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	94	1.16%	Feb 5, 2020	ENCC.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	98	3.35%	Jul 5, 2023	ENCC.TO vs HBNK.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	8.14%	Jun 21, 2021	ENCC.TO vs CHPS.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Derivative Income	48	-1.53%	Sep 13, 2011	ENCC.TO vs QQCC.TO
EQCL.TO	Global X Enhanced All-Equity Asset Allocation Cove...	Derivative Income	51	0.58%	Oct 10, 2023	ENCC.TO vs EQCL.TO

Often Compared With ENCC.TO

What investors most often compare with ENCC.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZEO	Zeo Energy Corp		25	-44.36%	—	ENCC.TO vs ZEO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	94	-0.48%	Jan 20, 2023	ENCC.TO vs HMAX.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	93	7.90%	Jun 12, 2017	ENCC.TO vs XDIV.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	72	1.51%	Aug 7, 2019	ENCC.TO vs XEQT.TO
ENS.TO	E Split Corp.		86	18.59%	—	ENCC.TO vs ENS.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	58	-5.90%	Feb 4, 2022	ENCC.TO vs HYLD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	8.80%	Nov 2, 2012	ENCC.TO vs VDY.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	65	27.92%	Mar 26, 2025	ENCC.TO vs OILY.TO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	Energy Equities	85	36.24%	Sep 16, 2013	ENCC.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	Energy Equities	78	27.36%	Oct 20, 2009	ENCC.TO vs ZEO.TO
PPL.TO	Pembina Pipeline Corporation		54	17.56%	—	ENCC.TO vs PPL.TO
CRT-UN.TO	CT Real Estate Investment Trust		84	5.80%	—	ENCC.TO vs CRT-UN.TO
NNRG.NEO	Ninepoint Energy ETF	Energy Equities	79	32.61%	May 11, 2021	ENCC.TO vs NNRG.NEO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	91	4.82%	Jul 19, 2021	ENCC.TO vs HDIV.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	36.64%	Mar 19, 2001	ENCC.TO vs XEG.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	10.78%	Sep 3, 2024	ENCC.TO vs UTES.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	84	9.22%	Feb 6, 2024	ENCC.TO vs AMAX.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	30	-12.44%	Oct 25, 2023	ENCC.TO vs QMAX.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	89	15.69%	Aug 27, 2008	ENCC.TO vs CIF.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	63	-0.96%	Jan 7, 2022	ENCC.TO vs EBNK.TO

Compare ENCC.TO with Any Fund or Stock

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

Symbol name

Global X Canadian Oil and Gas Equity Covered Call ETF

Symbol name