PortfoliosLab logoPortfoliosLab logo
GOGY.TO vs. ENCL.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GOGY.TO vs. ENCL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.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.

Loading graphics...

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


Returns By Period

In the year-to-date period, GOGY.TO achieves a -8.54% return, which is significantly lower than ENCL.TO's 30.98% return.


GOGY.TO

1D
4.28%
1M
-8.15%
YTD
-8.54%
6M
19.07%
1Y
85.41%
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)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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

GOGY.TO has a 0.40% expense ratio, which is lower than ENCL.TO's 1.86% expense ratio.


Return for Risk

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

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

GOGY.TO
GOGY.TO Risk / Return Rank: 9595
Overall Rank
GOGY.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
GOGY.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
GOGY.TO Omega Ratio Rank: 9292
Omega Ratio Rank
GOGY.TO Calmar Ratio Rank: 9595
Calmar Ratio Rank
GOGY.TO Martin Ratio Rank: 9595
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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.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.


GOGY.TOENCL.TODifference

Sharpe ratio

Return per unit of total volatility

2.53

1.90

+0.63

Sortino ratio

Return per unit of downside risk

3.38

2.26

+1.11

Omega ratio

Gain probability vs. loss probability

1.41

1.39

+0.02

Calmar ratio

Return relative to maximum drawdown

4.29

2.07

+2.22

Martin ratio

Return relative to average drawdown

16.00

8.06

+7.94

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

The current GOGY.TO Sharpe Ratio is 2.53, which is higher than the ENCL.TO Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of GOGY.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.


Loading graphics...

Sharpe Ratios by Period


GOGY.TOENCL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.53

1.90

+0.63

Sharpe Ratio (All Time)

Calculated using the full available price history

1.76

1.31

+0.45

Correlation

The correlation between GOGY.TO and ENCL.TO is 0.05, 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

GOGY.TO vs. ENCL.TO - Dividend Comparison

GOGY.TO's dividend yield for the trailing twelve months is around 11.57%, less than ENCL.TO's 13.37% yield.


Drawdowns

GOGY.TO vs. ENCL.TO - Drawdown Comparison

The maximum GOGY.TO drawdown since its inception was -20.87%, roughly equal to the maximum ENCL.TO drawdown of -21.05%. Use the drawdown chart below to compare losses from any high point for GOGY.TO and ENCL.TO.


Loading graphics...

Drawdown Indicators


GOGY.TOENCL.TODifference

Max Drawdown

Largest peak-to-trough decline

-20.87%

-21.05%

+0.18%

Max Drawdown (1Y)

Largest decline over 1 year

-20.14%

-20.51%

+0.37%

Current Drawdown

Current decline from peak

-16.73%

0.00%

-16.73%

Average Drawdown

Average peak-to-trough decline

-5.39%

-3.96%

-1.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.40%

5.27%

+0.13%

Volatility

GOGY.TO vs. ENCL.TO - Volatility Comparison

Harvest Alphabet Enhanced High Income Shares ETF Class A Units (GOGY.TO) has a higher volatility of 9.11% compared to Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) at 3.37%. This indicates that GOGY.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.


Loading graphics...

Volatility by Period


GOGY.TOENCL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.11%

3.37%

+5.74%

Volatility (6M)

Calculated over the trailing 6-month period

21.37%

12.00%

+9.37%

Volatility (1Y)

Calculated over the trailing 1-year period

33.90%

21.51%

+12.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.44%

19.52%

+14.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.44%

19.52%

+14.92%