EQLI.TO vs. BCCL.NEO

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI.TO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO).

EQLI.TO and BCCL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQLI.TO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Nov 6, 2025. BCCL.NEO is an actively managed fund by Global X. It was launched on Apr 21, 2025.

Performance

EQLI.TO vs. BCCL.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI.TO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO). The values are adjusted to include any dividend payments, if applicable.

EQLI.TO vs. BCCL.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
EQLI.TO Invesco S&P 500 Equal Weight Income Advantage ETF	2.05%	13.91%
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF	-29.77%	-17.22%

Returns By Period

In the year-to-date period, EQLI.TO achieves a 2.05% return, which is significantly higher than BCCL.NEO's -29.77% return.

EQLI.TO

• 1D: 1.76%
• 1M: -2.70%
• YTD: 2.05%
• 6M: 2.84%
• 1Y: 8.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCCL.NEO

• 1D: 0.44%
• 1M: 4.83%
• YTD: -29.77%
• 6M: -50.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQLI.TO vs. BCCL.NEO - Expense Ratio Comparison

EQLI.TO

Invesco S&P 500 Equal Weight Income Advantage ETF

Return for Risk

EQLI.TO vs. BCCL.NEO — Risk / Return Rank

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

EQLI.TO

EQLI.TO Risk / Return Rank: 32
EQLI.TO Sharpe Ratio Rank: 31
EQLI.TO Sortino Ratio Rank: 30
EQLI.TO Omega Ratio Rank: 31
EQLI.TO Calmar Ratio Rank: 31
EQLI.TO Martin Ratio Rank: 35

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.

EQLI.TO vs. BCCL.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI.TO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO). 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.

	EQLI.TO	BCCL.NEO	Difference
Sharpe ratio Return per unit of total volatility	0.62	—	—
Sortino ratio Return per unit of downside risk	0.94	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	0.80	—	—
Martin ratio Return relative to average drawdown	3.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EQLI.TO	BCCL.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	-0.88	+1.68

Correlation

The correlation between EQLI.TO and BCCL.NEO is 0.31, 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

EQLI.TO vs. BCCL.NEO - Dividend Comparison

EQLI.TO's dividend yield for the trailing twelve months is around 8.67%, while BCCL.NEO has not paid dividends to shareholders.

	TTM	2025	2024
EQLI.TO Invesco S&P 500 Equal Weight Income Advantage ETF	8.67%	8.74%	3.00%
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF	0.00%	0.00%	0.00%

Drawdowns

EQLI.TO vs. BCCL.NEO - Drawdown Comparison

The maximum EQLI.TO drawdown since its inception was -15.57%, smaller than the maximum BCCL.NEO drawdown of -57.91%. Use the drawdown chart below to compare losses from any high point for EQLI.TO and BCCL.NEO.

Drawdown Indicators

	EQLI.TO	BCCL.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-15.57%	-57.91%	+42.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.16%	—	—
Current Drawdown Current decline from peak	-3.03%	-54.81%	+51.78%
Average Drawdown Average peak-to-trough decline	-2.64%	-20.78%	+18.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	—	—

Volatility

Volatility by Period

	EQLI.TO	BCCL.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	50.92%	-37.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.50%	50.92%	-38.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.50%	50.92%	-38.42%