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

HTA.TO vs. ENCL.TO

Last updated Jun 4, 2026

HTA.TO (Harvest Tech Achievers Growth & Income ETF) and ENCL.TO (Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD) are both exchange-traded funds - HTA.TO is a Technology Equities fund actively managed by Harvest, while ENCL.TO is a Oil & Gas fund actively managed by Global X. Both are actively managed. Over the past year, HTA.TO returned 44.88% vs 52.50% for ENCL.TO. At a 0.10 correlation, their price movements are largely independent. HTA.TO charges 0.99%/yr vs 1.86%/yr for ENCL.TO.

Performance

HTA.TO vs. ENCL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Tech Achievers Growth & Income ETF (HTA.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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Returns By Period

In the year-to-date period, HTA.TO achieves a 26.21% return, which is significantly lower than ENCL.TO's 36.58% return.

HTA.TO

1D
-0.94%
1M
16.27%
YTD
26.21%
6M
26.86%
1Y
44.88%
3Y*
26.62%
5Y*
17.70%
10Y*
20.58%

ENCL.TO

1D
0.43%
1M
2.89%
YTD
36.58%
6M
32.07%
1Y
52.50%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023
HTA.TO
Harvest Tech Achievers Growth & Income ETF		26.21%12.42%23.53%11.65%
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD		36.58%14.97%20.32%-3.43%

Correlation

The correlation between HTA.TO and ENCL.TO is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.13

Correlation (All Time)
Calculated using the full available price history since Oct 12, 2023

0.10

The correlation between HTA.TO and ENCL.TO shifts across timeframes, from -0.13 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

HTA.TO vs. ENCL.TO - Sectors Allocation Comparison

Sectors
HTA.TO
ENCL.TO

Technology

90.1%

-

Communication Services

9.9%

-

Basic Materials

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

100.0%

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Technology

HTA.TO
90.1%
ENCL.TO

-

Communication Services

HTA.TO
9.9%
ENCL.TO

-

Basic Materials

HTA.TO

-

ENCL.TO

-

Consumer Cyclical

HTA.TO

-

ENCL.TO

-

Consumer Defensive

HTA.TO

-

ENCL.TO

-

Energy

HTA.TO

-

ENCL.TO
100.0%

Financial Services

HTA.TO

-

ENCL.TO

-

Healthcare

HTA.TO

-

ENCL.TO

-

Industrials

HTA.TO

-

ENCL.TO

-

Real Estate

HTA.TO

-

ENCL.TO

-

Utilities

HTA.TO

-

ENCL.TO

-

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Harvest Tech Achievers Growth & Income ETF

Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD

Often compared with HTA.TO:
HTA.TO vs. HTAE.TOHTA.TO vs. VGG.TOHTA.TO vs. TEC.TOHTA.TO vs. MTRX.TOHTA.TO vs. QQCC.TOHTA.TO vs. DIV.TOHTA.TO vs. HDIV.TO
Often compared with ENCL.TO:
ENCL.TO vs. ENCC.TOENCL.TO vs. UTES.TOENCL.TO vs. XEG.TOENCL.TO vs. UMAX.TOENCL.TO vs. OILY.TOENCL.TO vs. BANK.TOENCL.TO vs. HHIS.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HTA.TO
HTA.TO Risk / Return Rank: 6767
Overall Rank
HTA.TO Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
HTA.TO Sortino Ratio Rank: 7171
Sortino Ratio Rank
HTA.TO Omega Ratio Rank: 6868
Omega Ratio Rank
HTA.TO Calmar Ratio Rank: 6161
Calmar Ratio Rank
HTA.TO Martin Ratio Rank: 5858
Martin Ratio Rank
ENCL.TO
ENCL.TO Risk / Return Rank: 8585
Overall Rank
ENCL.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ENCL.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
ENCL.TO Omega Ratio Rank: 8383
Omega Ratio Rank
ENCL.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
ENCL.TO Martin Ratio Rank: 8484
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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest Tech Achievers Growth & Income ETF (HTA.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.

HTA.TOENCL.TODifference
Sharpe ratioReturn per unit of total volatility
2.52
2.98

-0.46

Sortino ratioReturn per unit of downside risk
3.25
3.66

-0.42

Omega ratioGain probability vs. loss probability

1.41

1.51

-0.10

Calmar ratioReturn relative to maximum drawdown

3.03

4.91

-1.87

Martin ratioReturn relative to average drawdown

10.32

17.58

-7.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current HTA.TO Sharpe Ratio is 2.52, which is comparable to the ENCL.TO Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of HTA.TO and ENCL.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

HTA.TOENCL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.52

2.98

-0.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

1.27

-0.54

Drawdowns

HTA.TO vs. ENCL.TO - Drawdown Comparison

The maximum HTA.TO drawdown since its inception was -38.77%, which is greater than ENCL.TO's maximum drawdown of -21.05%. Use the drawdown chart below to compare losses from any high point for HTA.TO and ENCL.TO.

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Drawdown Indicators

HTA.TOENCL.TODifference

Max Drawdown

Largest peak-to-trough decline

-38.77%

-21.05%

-17.72%

Max Drawdown (1Y)

Largest decline over 1 year

-14.87%

-10.75%

-4.12%

Max Drawdown (3Y)

Largest decline over 3 years

-25.02%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-38.77%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-38.77%

—

—

Current Drawdown

Current decline from peak

-0.94%

-2.54%

+1.60%

Average Drawdown

Average peak-to-trough decline

-8.23%

-3.95%

-4.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.36%

3.00%

+1.36%

Volatility

HTA.TO vs. ENCL.TO - Volatility Comparison

The current volatility for Harvest Tech Achievers Growth & Income ETF (HTA.TO) is 5.64%, while Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD (ENCL.TO) has a volatility of 7.30%. This indicates that HTA.TO experiences smaller price fluctuations and is considered to be less risky 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

HTA.TOENCL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.64%

7.30%

-1.66%

Volatility (6M)

Calculated over the trailing 6-month period

14.56%

15.75%

-1.19%

Volatility (1Y)

Calculated over the trailing 1-year period

17.91%

17.75%

+0.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.53%

20.15%

+3.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.08%

20.15%

+2.93%

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

HTA.TO has a 0.99% expense ratio, which is lower than ENCL.TO's 1.86% expense ratio.

Dividends

HTA.TO vs. ENCL.TO - Dividend Comparison

HTA.TO's dividend yield for the trailing twelve months is around 7.70%, less than ENCL.TO's 13.35% yield.

PositionTTM20252024202320222021202020192018201720162015
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD		13.35%17.14%18.56%4.68%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HTA.TO
Harvest Tech Achievers Growth & Income ETF		7.70%8.80%8.11%7.81%9.99%4.27%5.52%6.12%7.58%7.03%8.74%5.29%

Frequently Asked Questions

HTA.TO and ENCL.TO have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HTA.TO is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HTA.TO is cheaper with a 0.99% expense ratio, compared with 1.86% for ENCL.TO.

HTA.TO is categorized as Technology Equities, while ENCL.TO is Oil & Gas. They also come from different issuers: Harvest and Global X. Their fees differ too: 0.99% for HTA.TO and 1.86% for ENCL.TO.

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