BKCL.TO vs. EASY.TO

Last updated Jun 4, 2026

BKCL.TO (Global X Enhanced Equal Weight Canadian Banks Covered Call ETF) and EASY.TO (Evolve All-in-One UltraYield ETF) are both exchange-traded funds - BKCL.TO is a Financials Equities fund actively managed by Global X, while EASY.TO is a Derivative Income fund actively managed by Evolve. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

BKCL.TO vs. EASY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) and Evolve All-in-One UltraYield ETF (EASY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKCL.TO

• 1D: -0.41%
• 1M: 4.79%
• YTD: 17.43%
• 6M: 22.33%
• 1Y: 53.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EASY.TO

• 1D: -1.73%
• 1M: 2.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKCL.TO vs. EASY.TO - Yearly Performance Comparison

	2026 (YTD)
BKCL.TO Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	16.55%
EASY.TO Evolve All-in-One UltraYield ETF	5.64%

Correlation

The correlation between BKCL.TO and EASY.TO is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	0.71

Return for Risk

BKCL.TO vs. EASY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKCL.TO

BKCL.TO Risk / Return Rank: 95
BKCL.TO Sharpe Ratio Rank: 96
BKCL.TO Sortino Ratio Rank: 96
BKCL.TO Omega Ratio Rank: 96
BKCL.TO Calmar Ratio Rank: 91
BKCL.TO Martin Ratio Rank: 94

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.

BKCL.TO vs. EASY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) and Evolve All-in-One UltraYield ETF (EASY.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.

	BKCL.TO	EASY.TO	Difference
Sharpe ratio Return per unit of total volatility	4.25	—	—
Sortino ratio Return per unit of downside risk	5.84	—	—
Omega ratio Gain probability vs. loss probability	1.82	—	—
Calmar ratio Return relative to maximum drawdown	5.85	—	—
Martin ratio Return relative to average drawdown	26.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BKCL.TO	EASY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.06	1.25	+0.81

Drawdowns

BKCL.TO vs. EASY.TO - Drawdown Comparison

The maximum BKCL.TO drawdown since its inception was -16.58%, which is greater than EASY.TO's maximum drawdown of -8.20%. Use the drawdown chart below to compare losses from any high point for BKCL.TO and EASY.TO.

Drawdown Indicators

	BKCL.TO	EASY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-16.58%	-8.20%	-8.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	—	—
Current Drawdown Current decline from peak	-1.81%	-3.94%	+2.13%
Average Drawdown Average peak-to-trough decline	-2.67%	-1.99%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	—	—

Volatility

Volatility by Period

	BKCL.TO	EASY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	22.21%	-9.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.17%	22.21%	-9.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.17%	22.21%	-9.04%

Dividends

BKCL.TO vs. EASY.TO - Dividend Comparison

BKCL.TO's dividend yield for the trailing twelve months is around 11.48%, more than EASY.TO's 6.35% yield.

Position	TTM	2025	2024	2023
BKCL.TO Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	11.48%	12.60%	15.02%	7.91%
EASY.TO Evolve All-in-One UltraYield ETF	6.35%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BKCL.TO and EASY.TO in my portfolio?

BKCL.TO and EASY.TO have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between BKCL.TO and EASY.TO?

BKCL.TO is categorized as Financials Equities, while EASY.TO is Derivative Income. They also come from different issuers: Global X and Evolve.