Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD (EQCL.TO)

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The chart shows the growth of an initial investment of CA$10,000 in Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD, 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 Enhanced All-Equity Asset Allocation Covered Call ETF CAD (EQCL.TO) has returned -0.76% so far this year and 16.17% over the past 12 months.

Based on dividend-adjusted daily data since Oct 12, 2023, EQCL.TO's average daily return is +0.07%, while the average monthly return is +1.39%. At this rate, your investment would double in approximately 4.2 years.

Historically, 70% of months were positive and 30% were negative. The best month was May 2025 with a return of +5.2%, while the worst month was Mar 2026 at -5.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, EQCL.TO closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +10.3%, while the worst single day was Apr 4, 2025 at -6.1%.

Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD has an annualized alpha of 1.76%, beta of 0.89, and R² of 0.77 versus S&P 500 Index. Calculated based on daily prices since October 13, 2023.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (84.87%) than losses (70.86%) — typical of diversified or defensive assets.
• With beta of 0.89 and R² of 0.77, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

EQCL.TO has a high expense ratio of 2.20%, indicating above-average management fees.

EQCL.TO ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD (EQCL.TO) and compare them to a chosen benchmark (S&P 500 Index).

Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD provided a 10.88% dividend yield over the last twelve months, with an annual payout of CA$2.49 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD. 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 Enhanced All-Equity Asset Allocation Covered Call ETF CAD. 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 Enhanced All-Equity Asset Allocation Covered Call ETF CAD was 18.97%, occurring on Apr 8, 2025. Recovery took 73 trading sessions.

The current Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD drawdown is 5.50%.

The chart below shows the rolling one-month volatility.