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ENCC.TO vs. HPYT.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ENCC.TO vs. HPYT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) and Harvest Premium Yield Treasury ETF A (HPYT.TO). The values are adjusted to include any dividend payments, if applicable.

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ENCC.TO vs. HPYT.TO - Yearly Performance Comparison


2026 (YTD)202520242023
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ETF
19.85%13.13%17.39%-2.82%
HPYT.TO
Harvest Premium Yield Treasury ETF A
-0.23%4.39%-5.96%4.46%

Returns By Period

In the year-to-date period, ENCC.TO achieves a 19.85% return, which is significantly higher than HPYT.TO's -0.23% return.


ENCC.TO

1D
-2.61%
1M
4.16%
YTD
19.85%
6M
21.20%
1Y
27.67%
3Y*
20.32%
5Y*
26.65%
10Y*
8.99%

HPYT.TO

1D
-0.31%
1M
-3.00%
YTD
-0.23%
6M
-1.42%
1Y
-1.12%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ENCC.TO vs. HPYT.TO - Expense Ratio Comparison

ENCC.TO has a 0.76% expense ratio, which is higher than HPYT.TO's 0.45% expense ratio.


Return for Risk

ENCC.TO vs. HPYT.TO — Risk / Return Rank

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

ENCC.TO
ENCC.TO Risk / Return Rank: 7373
Overall Rank
ENCC.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
ENCC.TO Sortino Ratio Rank: 7575
Sortino Ratio Rank
ENCC.TO Omega Ratio Rank: 8383
Omega Ratio Rank
ENCC.TO Calmar Ratio Rank: 6363
Calmar Ratio Rank
ENCC.TO Martin Ratio Rank: 6464
Martin Ratio Rank

HPYT.TO
HPYT.TO Risk / Return Rank: 1010
Overall Rank
HPYT.TO Sharpe Ratio Rank: 99
Sharpe Ratio Rank
HPYT.TO Sortino Ratio Rank: 88
Sortino Ratio Rank
HPYT.TO Omega Ratio Rank: 88
Omega Ratio Rank
HPYT.TO Calmar Ratio Rank: 1111
Calmar Ratio Rank
HPYT.TO Martin Ratio Rank: 1111
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.

ENCC.TO vs. HPYT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) and Harvest Premium Yield Treasury ETF A (HPYT.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.


ENCC.TOHPYT.TODifference

Sharpe ratio

Return per unit of total volatility

1.59

-0.12

+1.71

Sortino ratio

Return per unit of downside risk

1.98

-0.09

+2.07

Omega ratio

Gain probability vs. loss probability

1.33

0.99

+0.35

Calmar ratio

Return relative to maximum drawdown

1.69

-0.03

+1.72

Martin ratio

Return relative to average drawdown

6.80

-0.06

+6.86

ENCC.TO vs. HPYT.TO - Sharpe Ratio Comparison

The current ENCC.TO Sharpe Ratio is 1.59, which is higher than the HPYT.TO Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of ENCC.TO and HPYT.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


ENCC.TOHPYT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

-0.12

+1.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.08

-0.08

Correlation

The correlation between ENCC.TO and HPYT.TO is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

ENCC.TO vs. HPYT.TO - Dividend Comparison

ENCC.TO's dividend yield for the trailing twelve months is around 11.72%, less than HPYT.TO's 18.19% yield.


TTM20252024202320222021202020192018201720162015
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ETF
11.72%13.62%14.58%14.87%12.55%4.23%5.10%6.09%8.35%6.92%4.77%15.15%
HPYT.TO
Harvest Premium Yield Treasury ETF A
18.19%18.87%18.61%3.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ENCC.TO vs. HPYT.TO - Drawdown Comparison

The maximum ENCC.TO drawdown since its inception was -89.91%, which is greater than HPYT.TO's maximum drawdown of -13.17%. Use the drawdown chart below to compare losses from any high point for ENCC.TO and HPYT.TO.


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Drawdown Indicators


ENCC.TOHPYT.TODifference

Max Drawdown

Largest peak-to-trough decline

-89.91%

-13.17%

-76.74%

Max Drawdown (1Y)

Largest decline over 1 year

-16.61%

-7.76%

-8.85%

Max Drawdown (5Y)

Largest decline over 5 years

-25.57%

Max Drawdown (10Y)

Largest decline over 10 years

-82.16%

Current Drawdown

Current decline from peak

-3.53%

-7.27%

+3.74%

Average Drawdown

Average peak-to-trough decline

-40.24%

-5.76%

-34.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.13%

3.43%

+0.70%

Volatility

ENCC.TO vs. HPYT.TO - Volatility Comparison

Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) has a higher volatility of 4.22% compared to Harvest Premium Yield Treasury ETF A (HPYT.TO) at 3.34%. This indicates that ENCC.TO's price experiences larger fluctuations and is considered to be riskier than HPYT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ENCC.TOHPYT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.22%

3.34%

+0.88%

Volatility (6M)

Calculated over the trailing 6-month period

10.01%

5.59%

+4.42%

Volatility (1Y)

Calculated over the trailing 1-year period

17.49%

9.53%

+7.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.26%

11.05%

+12.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.05%

11.05%

+18.00%