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CNCC.TO vs. HXT.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CNCC.TO vs. HXT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO).

CNCC.TO and HXT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNCC.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60. It was launched on Mar 16, 2011. HXT.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 14, 2010. Both CNCC.TO and HXT.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CNCC.TO vs. HXT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). The values are adjusted to include any dividend payments, if applicable.

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CNCC.TO vs. HXT.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CNCC.TO
Global X Canadian S&P/TSX 60 Covered Call ETF		1.41%19.53%14.81%7.07%-4.03%30.41%-5.31%9.89%-6.18%6.57%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		3.38%28.74%20.94%12.02%-6.27%28.11%5.36%22.18%-7.89%9.77%

Returns By Period

In the year-to-date period, CNCC.TO achieves a 1.41% return, which is significantly lower than HXT.TO's 3.38% return. Over the past 10 years, CNCC.TO has underperformed HXT.TO with an annualized return of 8.48%, while HXT.TO has yielded a comparatively higher 12.67% annualized return.

CNCC.TO

1D
1.33%
1M
-2.91%
YTD
1.41%
6M
6.56%
1Y
19.60%
3Y*
13.31%
5Y*
10.90%
10Y*
8.48%

HXT.TO

1D
0.46%
1M
-3.46%
YTD
3.38%
6M
9.03%
1Y
30.27%
3Y*
20.09%
5Y*
14.40%
10Y*
12.67%
*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 Canadian S&P/TSX 60 Covered Call ETF

Global X S&P/TSX 60 Corporate Class ETF

Often compared with CNCC.TO:
CNCC.TO vs. XEG.TOCNCC.TO vs. TTP.TOCNCC.TO vs. CDAY.NEOCNCC.TO vs. CASH.TOCNCC.TO vs. HBNK.TOCNCC.TO vs. QQCC.TOCNCC.TO vs. QQCL.TO
Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO

CNCC.TO vs. HXT.TO - Expense Ratio Comparison

HXT.TO
Global X S&P/TSX 60 Corporate Class ETF

Return for Risk

CNCC.TO vs. HXT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CNCC.TO
CNCC.TO Risk / Return Rank: 8282
Overall Rank
CNCC.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
CNCC.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
CNCC.TO Omega Ratio Rank: 8888
Omega Ratio Rank
CNCC.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
CNCC.TO Martin Ratio Rank: 8787
Martin Ratio Rank
HXT.TO
HXT.TO Risk / Return Rank: 9191
Overall Rank
HXT.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 9292
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 9393
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.

CNCC.TO vs. HXT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.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.

CNCC.TOHXT.TODifference

Sharpe ratio

Return per unit of total volatility

1.61

2.11

-0.50

Sortino ratio

Return per unit of downside risk

2.14

2.73

-0.59

Omega ratio

Gain probability vs. loss probability

1.37

1.42

-0.05

Calmar ratio

Return relative to maximum drawdown

1.98

2.87

-0.89

Martin ratio

Return relative to average drawdown

10.75

13.88

-3.13

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

CNCC.TO vs. HXT.TO - Sharpe Ratio Comparison

The current CNCC.TO Sharpe Ratio is 1.61, which is comparable to the HXT.TO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of CNCC.TO and HXT.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.

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Sharpe Ratios by Period

CNCC.TOHXT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.61

2.11

-0.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

1.14

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.84

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.67

-0.67

Correlation

The correlation between CNCC.TO and HXT.TO is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CNCC.TO vs. HXT.TO - Dividend Comparison

CNCC.TO's dividend yield for the trailing twelve months is around 6.82%, while HXT.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
CNCC.TO
Global X Canadian S&P/TSX 60 Covered Call ETF		6.82%7.59%9.68%10.07%9.93%5.28%5.53%5.33%6.06%5.52%5.24%8.54%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CNCC.TO vs. HXT.TO - Drawdown Comparison

The maximum CNCC.TO drawdown since its inception was -38.22%, which is greater than HXT.TO's maximum drawdown of -35.48%. Use the drawdown chart below to compare losses from any high point for CNCC.TO and HXT.TO.

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Drawdown Indicators

CNCC.TOHXT.TODifference

Max Drawdown

Largest peak-to-trough decline

-38.22%

-35.48%

-2.74%

Max Drawdown (1Y)

Largest decline over 1 year

-10.28%

-10.76%

+0.48%

Max Drawdown (5Y)

Largest decline over 5 years

-16.01%

-16.33%

+0.32%

Max Drawdown (10Y)

Largest decline over 10 years

-38.22%

-35.48%

-2.74%

Current Drawdown

Current decline from peak

-3.43%

-3.46%

+0.03%

Average Drawdown

Average peak-to-trough decline

-6.24%

-4.70%

-1.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.90%

2.23%

-0.33%

Volatility

CNCC.TO vs. HXT.TO - Volatility Comparison

The current volatility for Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) is 4.12%, while Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a volatility of 5.08%. This indicates that CNCC.TO experiences smaller price fluctuations and is considered to be less risky than HXT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CNCC.TOHXT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.12%

5.08%

-0.96%

Volatility (6M)

Calculated over the trailing 6-month period

7.68%

9.77%

-2.09%

Volatility (1Y)

Calculated over the trailing 1-year period

12.26%

14.43%

-2.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.44%

12.69%

-0.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.80%

15.15%

-0.35%