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EQCC.TO vs. ENCL.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EQCC.TO vs. ENCL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) and Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO). The values are adjusted to include any dividend payments, if applicable.

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EQCC.TO vs. ENCL.TO - Yearly Performance Comparison


Returns By Period

In the year-to-date period, EQCC.TO achieves a -0.75% return, which is significantly lower than ENCL.TO's 30.98% return.


EQCC.TO

1D
1.83%
1M
-5.62%
YTD
-0.75%
6M
2.42%
1Y
13.13%
3Y*
5Y*
10Y*

ENCL.TO

1D
0.00%
1M
11.87%
YTD
30.98%
6M
32.30%
1Y
40.62%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EQCC.TO vs. ENCL.TO - Expense Ratio Comparison

EQCC.TO has a 0.65% expense ratio, which is lower than ENCL.TO's 1.86% expense ratio.


Return for Risk

EQCC.TO vs. ENCL.TO — Risk / Return Rank

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

EQCC.TO
EQCC.TO Risk / Return Rank: 4545
Overall Rank
EQCC.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
EQCC.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
EQCC.TO Omega Ratio Rank: 5858
Omega Ratio Rank
EQCC.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
EQCC.TO Martin Ratio Rank: 4444
Martin Ratio Rank

ENCL.TO
ENCL.TO Risk / Return Rank: 8484
Overall Rank
ENCL.TO Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
ENCL.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
ENCL.TO Omega Ratio Rank: 9191
Omega Ratio Rank
ENCL.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
ENCL.TO Martin Ratio Rank: 7878
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.

EQCC.TO vs. ENCL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) and Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.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.


EQCC.TOENCL.TODifference

Sharpe ratio

Return per unit of total volatility

0.83

1.90

-1.07

Sortino ratio

Return per unit of downside risk

1.13

2.26

-1.14

Omega ratio

Gain probability vs. loss probability

1.22

1.39

-0.17

Calmar ratio

Return relative to maximum drawdown

1.01

2.07

-1.06

Martin ratio

Return relative to average drawdown

4.29

8.06

-3.77

EQCC.TO vs. ENCL.TO - Sharpe Ratio Comparison

The current EQCC.TO Sharpe Ratio is 0.83, which is lower than the ENCL.TO Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of EQCC.TO and ENCL.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


EQCC.TOENCL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.83

1.90

-1.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.98

1.31

-0.33

Correlation

The correlation between EQCC.TO and ENCL.TO is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EQCC.TO vs. ENCL.TO - Dividend Comparison

EQCC.TO's dividend yield for the trailing twelve months is around 8.84%, less than ENCL.TO's 13.37% yield.


Drawdowns

EQCC.TO vs. ENCL.TO - Drawdown Comparison

The maximum EQCC.TO drawdown since its inception was -15.94%, smaller than the maximum ENCL.TO drawdown of -21.05%. Use the drawdown chart below to compare losses from any high point for EQCC.TO and ENCL.TO.


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Drawdown Indicators


EQCC.TOENCL.TODifference

Max Drawdown

Largest peak-to-trough decline

-15.94%

-21.05%

+5.11%

Max Drawdown (1Y)

Largest decline over 1 year

-12.24%

-20.51%

+8.27%

Current Drawdown

Current decline from peak

-5.62%

0.00%

-5.62%

Average Drawdown

Average peak-to-trough decline

-1.75%

-3.96%

+2.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.89%

5.27%

-2.38%

Volatility

EQCC.TO vs. ENCL.TO - Volatility Comparison

Global X All-Equity Asset Allocation Covered Call ETF (EQCC.TO) has a higher volatility of 4.52% compared to Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) at 3.37%. This indicates that EQCC.TO's price experiences larger fluctuations and is considered to be riskier than ENCL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EQCC.TOENCL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.52%

3.37%

+1.15%

Volatility (6M)

Calculated over the trailing 6-month period

7.68%

12.00%

-4.32%

Volatility (1Y)

Calculated over the trailing 1-year period

15.94%

21.51%

-5.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.63%

19.52%

-5.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.63%

19.52%

-5.89%