CRT-UN.TO vs. ENCC.TO

Last updated Jun 5, 2026

CRT-UN.TO (CT Real Estate Investment Trust) is a stock, while ENCC.TO (Global X Canadian Oil and Gas Equity Covered Call ETF) is Derivative Income fund actively managed by Global X. Over the past 10 years, CRT-UN.TO returned 7.40%/yr vs 8.38%/yr for ENCC.TO. At a 0.17 correlation, their price movements are largely independent.

Performance

CRT-UN.TO vs. ENCC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CT Real Estate Investment Trust (CRT-UN.TO) and Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRT-UN.TO achieves a 11.28% return, which is significantly lower than ENCC.TO's 30.00% return. Over the past 10 years, CRT-UN.TO has underperformed ENCC.TO with an annualized return of 7.40%, while ENCC.TO has yielded a comparatively higher 8.38% annualized return.

CRT-UN.TO

• 1D: -0.11%
• 1M: 1.71%
• YTD: 11.28%
• 6M: 14.21%
• 1Y: 17.13%
• 3Y*: 12.19%
• 5Y*: 7.36%
• 10Y*: 7.40%

ENCC.TO

• 1D: 0.77%
• 1M: 3.00%
• YTD: 30.00%
• 6M: 26.45%
• 1Y: 44.04%
• 3Y*: 23.36%
• 5Y*: 25.50%
• 10Y*: 8.38%

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

CRT-UN.TO vs. ENCC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRT-UN.TO CT Real Estate Investment Trust	11.28%	20.98%	3.91%	-0.26%	-5.16%	16.13%	2.73%	47.58%	-15.83%	1.42%
ENCC.TO Global X Canadian Oil and Gas Equity Covered Call ETF	30.00%	13.13%	17.39%	5.72%	41.33%	80.55%	-27.98%	6.54%	-31.00%	-18.47%

Correlation

The correlation between CRT-UN.TO and ENCC.TO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Oct 25, 2013	0.17

The correlation between CRT-UN.TO and ENCC.TO shifts across timeframes, from -0.05 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CRT-UN.TO vs. ENCC.TO — Risk / Return Rank

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

CRT-UN.TO

CRT-UN.TO Risk / Return Rank: 78
CRT-UN.TO Sharpe Ratio Rank: 79
CRT-UN.TO Sortino Ratio Rank: 76
CRT-UN.TO Omega Ratio Rank: 71
CRT-UN.TO Calmar Ratio Rank: 81
CRT-UN.TO Martin Ratio Rank: 82

ENCC.TO

ENCC.TO Risk / Return Rank: 89
ENCC.TO Sharpe Ratio Rank: 91
ENCC.TO Sortino Ratio Rank: 89
ENCC.TO Omega Ratio Rank: 89
ENCC.TO Calmar Ratio Rank: 89
ENCC.TO Martin Ratio Rank: 87

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.

CRT-UN.TO vs. ENCC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CT Real Estate Investment Trust (CRT-UN.TO) and Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.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.

	CRT-UN.TO	ENCC.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.34	3.16	-1.82
Sortino ratio: Return per unit of downside risk	2.01	4.02	-2.01
Omega ratio: Gain probability vs. loss probability	1.23	1.56	-0.33
Calmar ratio: Return relative to maximum drawdown	2.76	5.22	-2.46
Martin ratio: Return relative to average drawdown	7.21	18.57	-11.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRT-UN.TO vs. ENCC.TO - Sharpe Ratio Comparison

The current CRT-UN.TO Sharpe Ratio is 1.34, which is lower than the ENCC.TO Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of CRT-UN.TO and ENCC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRT-UN.TO	ENCC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	3.16	-1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	1.11	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.29	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.00	+0.54

Drawdowns

CRT-UN.TO vs. ENCC.TO - Drawdown Comparison

The maximum CRT-UN.TO drawdown since its inception was -45.88%, smaller than the maximum ENCC.TO drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for CRT-UN.TO and ENCC.TO.

Drawdown Indicators

	CRT-UN.TO	ENCC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-45.88%	-89.91%	+44.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.24%	-8.48%	+2.24%
Max Drawdown (3Y) Largest decline over 3 years	-17.37%	-16.67%	-0.70%
Max Drawdown (5Y) Largest decline over 5 years	-24.70%	-25.57%	+0.87%
Max Drawdown (10Y) Largest decline over 10 years	-45.88%	-82.16%	+36.28%
Current Drawdown Current decline from peak	-1.12%	-1.24%	+0.12%
Average Drawdown Average peak-to-trough decline	-6.27%	-39.81%	+33.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	2.38%	0.00%

Volatility

CRT-UN.TO vs. ENCC.TO - Volatility Comparison

The current volatility for CT Real Estate Investment Trust (CRT-UN.TO) is 2.86%, while Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) has a volatility of 5.70%. This indicates that CRT-UN.TO experiences smaller price fluctuations and is considered to be less risky than ENCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRT-UN.TO	ENCC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	5.70%	-2.84%
Volatility (6M) Calculated over the trailing 6-month period	9.39%	12.31%	-2.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	14.05%	-1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	23.03%	-5.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	29.04%	-8.79%

Dividends

CRT-UN.TO vs. ENCC.TO - Dividend Comparison

CRT-UN.TO's dividend yield for the trailing twelve months is around 5.36%, less than ENCC.TO's 11.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRT-UN.TO CT Real Estate Investment Trust	5.36%	5.77%	6.40%	6.04%	5.48%	4.76%	5.09%	4.70%	6.37%	4.82%	4.57%	5.09%
ENCC.TO Global X Canadian Oil and Gas Equity Covered Call ETF	11.01%	13.62%	14.58%	14.87%	12.55%	4.23%	5.10%	6.09%	8.35%	6.92%	4.77%	15.15%

Frequently Asked Questions

Can I hold both CRT-UN.TO and ENCC.TO in my portfolio?

CRT-UN.TO and ENCC.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.