PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BKCC.TO vs. UTES.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BKCC.TO vs. UTES.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) and Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.TO).

BKCC.TO and UTES.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKCC.TO is an actively managed fund by Global X. It was launched on May 16, 2011. UTES.TO is an actively managed fund by Evolve. It was launched on Sep 3, 2024.

Performance

BKCC.TO vs. UTES.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) and Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

BKCC.TO vs. UTES.TO - Yearly Performance Comparison

2026 (YTD)20252024
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call ETF		0.86%28.05%7.69%
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fund ETF		9.57%18.66%-4.25%

Returns By Period

In the year-to-date period, BKCC.TO achieves a 0.86% return, which is significantly lower than UTES.TO's 9.57% return.

BKCC.TO

1D
1.85%
1M
-3.78%
YTD
0.86%
6M
10.61%
1Y
33.59%
3Y*
16.79%
5Y*
9.57%
10Y*
8.51%

UTES.TO

1D
-2.03%
1M
-0.62%
YTD
9.57%
6M
8.75%
1Y
21.21%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Equal Weight Canadian Bank Covered Call ETF

Evolve Canadian Utilities Enhanced Yield Index Fund ETF

Often compared with BKCC.TO:
BKCC.TO vs. HMAX.TOBKCC.TO vs. VDY.TOBKCC.TO vs. XDV.TOBKCC.TO vs. BK.TOBKCC.TO vs. AI.TOBKCC.TO vs. BANK.TOBKCC.TO vs. ENCC.TO
Often compared with UTES.TO:
UTES.TO vs. ENCL.TOUTES.TO vs. XUT.TOUTES.TO vs. UMAX.TOUTES.TO vs. ZWU.TOUTES.TO vs. BANK.TOUTES.TO vs. UTIL.LUTES.TO vs. BMAX.TO

BKCC.TO vs. UTES.TO - Expense Ratio Comparison

BKCC.TO has a 0.84% expense ratio, which is higher than UTES.TO's 0.60% expense ratio.

BKCC.TO
Global X Equal Weight Canadian Bank Covered Call ETF
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fund ETF

Return for Risk

BKCC.TO vs. UTES.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BKCC.TO
BKCC.TO Risk / Return Rank: 9797
Overall Rank
BKCC.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
BKCC.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
BKCC.TO Omega Ratio Rank: 9797
Omega Ratio Rank
BKCC.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
BKCC.TO Martin Ratio Rank: 9696
Martin Ratio Rank
UTES.TO
UTES.TO Risk / Return Rank: 8989
Overall Rank
UTES.TO Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
UTES.TO Sortino Ratio Rank: 9090
Sortino Ratio Rank
UTES.TO Omega Ratio Rank: 8989
Omega Ratio Rank
UTES.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
UTES.TO Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKCC.TO vs. UTES.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) and Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BKCC.TOUTES.TODifference

Sharpe ratio

Return per unit of total volatility

2.94

1.94

+1.00

Sortino ratio

Return per unit of downside risk

3.88

2.54

+1.34

Omega ratio

Gain probability vs. loss probability

1.61

1.36

+0.25

Calmar ratio

Return relative to maximum drawdown

4.43

2.59

+1.83

Martin ratio

Return relative to average drawdown

18.46

10.83

+7.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKCC.TO vs. UTES.TO - Sharpe Ratio Comparison

The current BKCC.TO Sharpe Ratio is 2.94, which is higher than the UTES.TO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of BKCC.TO and UTES.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

BKCC.TOUTES.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.94

1.94

+1.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.00

1.36

-1.36

Correlation

The correlation between BKCC.TO and UTES.TO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BKCC.TO vs. UTES.TO - Dividend Comparison

BKCC.TO's dividend yield for the trailing twelve months is around 9.64%, less than UTES.TO's 15.76% yield.

TTM20252024202320222021202020192018201720162015
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call ETF		9.64%10.43%12.30%10.93%8.23%5.52%5.92%5.44%6.24%5.76%5.79%7.35%
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fund ETF		15.76%18.30%6.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BKCC.TO vs. UTES.TO - Drawdown Comparison

The maximum BKCC.TO drawdown since its inception was -100.33%, which is greater than UTES.TO's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for BKCC.TO and UTES.TO.

Loading graphics...

Drawdown Indicators

BKCC.TOUTES.TODifference

Max Drawdown

Largest peak-to-trough decline

-100.33%

-10.19%

-90.14%

Max Drawdown (1Y)

Largest decline over 1 year

-7.71%

-8.29%

+0.58%

Max Drawdown (5Y)

Largest decline over 5 years

-26.02%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-41.18%

—

—

Current Drawdown

Current decline from peak

-100.00%

-2.33%

-97.67%

Average Drawdown

Average peak-to-trough decline

-99.92%

-2.64%

-97.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.85%

2.01%

-0.16%

Volatility

BKCC.TO vs. UTES.TO - Volatility Comparison

Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) has a higher volatility of 5.34% compared to Evolve Canadian Utilities Enhanced Yield Index Fund ETF (UTES.TO) at 3.44%. This indicates that BKCC.TO's price experiences larger fluctuations and is considered to be riskier than UTES.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

BKCC.TOUTES.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.34%

3.44%

+1.90%

Volatility (6M)

Calculated over the trailing 6-month period

8.22%

6.98%

+1.24%

Volatility (1Y)

Calculated over the trailing 1-year period

11.49%

11.00%

+0.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.37%

11.12%

+2.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.97%

11.12%

+5.85%