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EACC.NEO vs. BKCC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EACC.NEO vs. BKCC.TO

Last updated Jun 5, 2026

EACC.NEO (Global X MSCI EAFE Covered Call ETF) and BKCC.TO (Global X Equal Weight Canadian Bank Covered Call ETF) are both Derivative Income funds from Global X. EACC.NEO is passively managed, while BKCC.TO is actively managed. Over the past year, EACC.NEO returned 20.09% vs 43.24% for BKCC.TO. At a 0.49 correlation, their price movements are largely independent. EACC.NEO charges 0.49%/yr vs 0.84%/yr for BKCC.TO.

Performance

EACC.NEO vs. BKCC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X MSCI EAFE Covered Call ETF (EACC.NEO) and Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EACC.NEO achieves a 8.26% return, which is significantly lower than BKCC.TO's 15.30% return.

EACC.NEO

1D
0.66%
1M
4.81%
YTD
8.26%
6M
8.64%
1Y
20.09%
3Y*
—
5Y*
—
10Y*
—

BKCC.TO

1D
0.93%
1M
4.66%
YTD
15.30%
6M
17.64%
1Y
43.24%
3Y*
22.66%
5Y*
10.26%
10Y*
9.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EACC.NEO vs. BKCC.TO - Yearly Performance Comparison

2026 (YTD)20252024
EACC.NEO
Global X MSCI EAFE Covered Call ETF		8.26%18.86%0.72%
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call ETF		15.30%28.05%12.56%

Correlation

The correlation between EACC.NEO and BKCC.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (All Time)
Calculated using the full available price history since May 22, 2024

0.49

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 MSCI EAFE Covered Call ETF

Global X Equal Weight Canadian Bank Covered Call ETF

Often compared with EACC.NEO:
EACC.NEO vs. CNQE.TOEACC.NEO vs. ZWE.TOEACC.NEO vs. EMCL.NEOEACC.NEO vs. NXF.TOEACC.NEO vs. AVGY.TOEACC.NEO vs. JEPQ.TOEACC.NEO vs. TILV.TO
Often compared with BKCC.TO:
BKCC.TO vs. HDIV.TOBKCC.TO vs. HMAX.TOBKCC.TO vs. VDY.TOBKCC.TO vs. BK.TOBKCC.TO vs. ENCC.TOBKCC.TO vs. BANK.TOBKCC.TO vs. AI.TO

Return for Risk

EACC.NEO vs. BKCC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EACC.NEO
EACC.NEO Risk / Return Rank: 3939
Overall Rank
EACC.NEO Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
EACC.NEO Sortino Ratio Rank: 3535
Sortino Ratio Rank
EACC.NEO Omega Ratio Rank: 4343
Omega Ratio Rank
EACC.NEO Calmar Ratio Rank: 3737
Calmar Ratio Rank
EACC.NEO Martin Ratio Rank: 3939
Martin Ratio Rank
BKCC.TO
BKCC.TO Risk / Return Rank: 9595
Overall Rank
BKCC.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
BKCC.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
BKCC.TO Omega Ratio Rank: 9696
Omega Ratio Rank
BKCC.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
BKCC.TO Martin Ratio Rank: 9494
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.

EACC.NEO vs. BKCC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI EAFE Covered Call ETF (EACC.NEO) and Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.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.

EACC.NEOBKCC.TODifference
Sharpe ratioReturn per unit of total volatility
1.35
4.20

-2.85

Sortino ratioReturn per unit of downside risk
1.83
6.03

-4.20

Omega ratioGain probability vs. loss probability

1.27

1.83

-0.55

Calmar ratioReturn relative to maximum drawdown

1.79

5.96

-4.17

Martin ratioReturn relative to average drawdown

6.14

27.66

-21.53

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

EACC.NEO vs. BKCC.TO - Sharpe Ratio Comparison

The current EACC.NEO Sharpe Ratio is 1.35, which is lower than the BKCC.TO Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of EACC.NEO and BKCC.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.

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Sharpe Ratios by Period

EACC.NEOBKCC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.35

4.20

-2.85

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.80

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.56

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

0.00

+0.91

Drawdowns

EACC.NEO vs. BKCC.TO - Drawdown Comparison

The maximum EACC.NEO drawdown since its inception was -13.35%, smaller than the maximum BKCC.TO drawdown of -41.18%. Use the drawdown chart below to compare losses from any high point for EACC.NEO and BKCC.TO.

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Drawdown Indicators

EACC.NEOBKCC.TODifference

Max Drawdown

Largest peak-to-trough decline

-13.35%

-41.18%

+27.83%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-7.30%

-4.00%

Max Drawdown (3Y)

Largest decline over 3 years

—

-13.16%

—

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

-0.08%

-0.50%

+0.42%

Average Drawdown

Average peak-to-trough decline

-2.09%

-5.91%

+3.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.28%

1.57%

+1.71%

Volatility

EACC.NEO vs. BKCC.TO - Volatility Comparison

Global X MSCI EAFE Covered Call ETF (EACC.NEO) has a higher volatility of 4.26% compared to Global X Equal Weight Canadian Bank Covered Call ETF (BKCC.TO) at 3.66%. This indicates that EACC.NEO's price experiences larger fluctuations and is considered to be riskier than BKCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EACC.NEOBKCC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.26%

3.66%

+0.60%

Volatility (6M)

Calculated over the trailing 6-month period

12.79%

9.17%

+3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

14.97%

10.34%

+4.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.05%

12.88%

+2.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.05%

16.99%

-1.94%

EACC.NEO vs. BKCC.TO - Expense Ratio Comparison

EACC.NEO has a 0.49% expense ratio, which is lower than BKCC.TO's 0.84% expense ratio.

Dividends

EACC.NEO vs. BKCC.TO - Dividend Comparison

EACC.NEO's dividend yield for the trailing twelve months is around 7.43%, less than BKCC.TO's 9.44% yield.

PositionTTM20252024202320222021202020192018201720162015
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call ETF		9.44%10.43%12.30%10.93%8.23%5.52%5.92%5.44%6.24%5.76%5.79%7.35%
EACC.NEO
Global X MSCI EAFE Covered Call ETF		7.43%7.55%5.12%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

EACC.NEO and BKCC.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EACC.NEO is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EACC.NEO is cheaper with a 0.49% expense ratio, compared with 0.84% for BKCC.TO.

Their fees differ too: 0.49% for EACC.NEO and 0.84% for BKCC.TO.

Portfolio Optimizer

Find the right allocation for EACC.NEO and BKCC.TO

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