ENCL.TO vs. TTP.TO
Compare and contrast key facts about Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) and TD Canadian Equity Index ETF (TTP.TO).
ENCL.TO and TTP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENCL.TO is an actively managed fund by Global X. It was launched on Oct 10, 2023. TTP.TO is a passively managed fund by TD that tracks the performance of the Solactive Canada Broad Market Index. It was launched on Mar 22, 2016.
Performance
ENCL.TO vs. TTP.TO - Performance Comparison
Loading graphics...
ENCL.TO vs. TTP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ENCL.TO Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD | 30.98% | 14.97% | 20.32% | -3.43% |
TTP.TO TD Canadian Equity Index ETF | 3.81% | 31.96% | 20.92% | 7.05% |
Returns By Period
In the year-to-date period, ENCL.TO achieves a 30.98% return, which is significantly higher than TTP.TO's 3.81% return.
ENCL.TO
- 1D
- 0.00%
- 1M
- 11.87%
- YTD
- 30.98%
- 6M
- 32.30%
- 1Y
- 40.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TTP.TO
- 1D
- 2.82%
- 1M
- -4.49%
- YTD
- 3.81%
- 6M
- 10.34%
- 1Y
- 34.70%
- 3Y*
- 20.97%
- 5Y*
- 14.83%
- 10Y*
- 12.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ENCL.TO vs. TTP.TO - Expense Ratio Comparison
ENCL.TO has a 1.86% expense ratio, which is higher than TTP.TO's 0.05% expense ratio.
Return for Risk
ENCL.TO vs. TTP.TO — Risk / Return Rank
ENCL.TO
TTP.TO
ENCL.TO vs. TTP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) and TD Canadian Equity Index ETF (TTP.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.
| ENCL.TO | TTP.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.90 | 2.27 | -0.37 |
Sortino ratioReturn per unit of downside risk | 2.26 | 2.87 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.45 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 3.25 | -1.18 |
Martin ratioReturn relative to average drawdown | 8.06 | 14.58 | -6.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ENCL.TO | TTP.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.27 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.14 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.31 | 0.85 | +0.46 |
Correlation
The correlation between ENCL.TO and TTP.TO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ENCL.TO vs. TTP.TO - Dividend Comparison
ENCL.TO's dividend yield for the trailing twelve months is around 13.37%, more than TTP.TO's 2.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ENCL.TO Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD | 13.37% | 17.14% | 18.56% | 4.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TTP.TO TD Canadian Equity Index ETF | 2.01% | 2.06% | 2.56% | 2.91% | 3.68% | 1.86% | 2.84% | 2.09% | 2.89% | 2.32% | 1.85% |
Drawdowns
ENCL.TO vs. TTP.TO - Drawdown Comparison
The maximum ENCL.TO drawdown since its inception was -21.05%, smaller than the maximum TTP.TO drawdown of -37.03%. Use the drawdown chart below to compare losses from any high point for ENCL.TO and TTP.TO.
Loading graphics...
Drawdown Indicators
| ENCL.TO | TTP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.05% | -37.03% | +15.98% |
Max Drawdown (1Y)Largest decline over 1 year | -20.51% | -10.99% | -9.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.03% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.04% | +5.04% |
Average DrawdownAverage peak-to-trough decline | -3.96% | -3.38% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 2.45% | +2.82% |
Volatility
ENCL.TO vs. TTP.TO - Volatility Comparison
The current volatility for Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) is 3.37%, while TD Canadian Equity Index ETF (TTP.TO) has a volatility of 6.07%. This indicates that ENCL.TO experiences smaller price fluctuations and is considered to be less risky than TTP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ENCL.TO | TTP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 6.07% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 11.02% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.51% | 15.40% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 13.13% | +6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.52% | 14.83% | +4.69% |