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Global X Canadian Oil and Gas Equity Covered Call ETF Class E (ENCC : TSX)
Energy Equity
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
Click for more information on Fundata’s ESG Grade.
|
Close (06-19-2026) |
$12.32 |
|---|---|
| Change |
$0.02
(0.16%)
|
| Open | $12.31 |
|---|---|
| Day Range | $12.28 - $12.40 |
| Volume | 84,584 |
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (April 11, 2011): 0.44%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -1.05% | 9.45% | 21.46% | 24.35% | 39.48% | 19.20% | 22.97% | 12.03% | 25.55% | 33.69% | 18.66% | 11.37% | 9.87% | 8.06% |
| Benchmark | -5.14% | 11.35% | 33.66% | 36.96% | 67.49% | 21.34% | 28.29% | 15.57% | 30.75% | 36.84% | 20.88% | 13.41% | 13.24% | 11.78% |
| Category Average | -4.33% | 24.44% | 24.44% | 26.72% | 48.86% | 18.73% | 21.33% | 12.52% | 20.57% | 23.85% | 13.78% | 8.03% | 7.84% | 6.73% |
| Category Rank | 2 / 67 | 11 / 66 | 50 / 65 | 45 / 65 | 44 / 64 | 23 / 61 | 23 / 56 | 37 / 49 | 18 / 47 | 8 / 45 | 12 / 42 | 12 / 42 | 18 / 41 | 24 / 39 |
| Quartile Ranking | 1 | 1 | 4 | 3 | 3 | 2 | 2 | 4 | 2 | 1 | 2 | 2 | 2 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.08% | 1.91% | 2.91% | 2.74% | -1.88% | 5.38% | -2.32% | 6.05% | 7.12% | 8.70% | 1.77% | -1.05% |
| Benchmark | 5.60% | 3.93% | 1.90% | 3.38% | -0.11% | 8.50% | -2.41% | 11.22% | 10.60% | 15.77% | 1.39% | -5.14% |
Best Monthly Return Since Inception
39.17% (April 2020)
Worst Monthly Return Since Inception
-46.65% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 28.48% | -18.03% | -30.92% | 6.05% | -28.54% | 83.52% | 40.10% | 5.75% | 17.45% | 13.01% |
| Benchmark | 39.64% | -10.61% | -26.57% | 9.75% | -34.64% | 85.18% | 54.02% | 4.14% | 14.91% | 17.31% |
| Category Average | 33.22% | -13.66% | -23.92% | 7.11% | -22.62% | 40.01% | 33.82% | 0.43% | 12.23% | 14.57% |
| Quartile Ranking | 3 | 4 | 4 | 3 | 3 | 1 | 3 | 1 | 2 | 2 |
| Category Rank | 27/ 38 | 37/ 39 | 38/ 41 | 23/ 42 | 33/ 45 | 8/ 46 | 26/ 47 | 8/ 49 | 21/ 60 | 23/ 62 |
Best Calendar Return (Last 10 years)
83.52% (2021)
Worst Calendar Return (Last 10 years)
-30.92% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 99.79 |
| Cash and Equivalents | 0.26 |
| International Equity | -0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Energy | 100.23 |
| Cash and Cash Equivalent | 0.26 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.05 |
| Asia | -0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Global X Equal Weight Cdn Oil & Gas Idx ETF (NRGY) | 34.94 |
| Cenovus Energy Inc | 6.10 |
| ARC Resources Ltd | 5.83 |
| Whitecap Resources Inc | 5.76 |
| Suncor Energy Inc | 5.37 |
| South Bow Corp | 5.25 |
| Keyera Corp | 5.20 |
| TC Energy Corp | 5.18 |
| Pembina Pipeline Corp | 5.18 |
| Imperial Oil Ltd | 5.09 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Global X Canadian Oil and Gas Equity Covered Call ETF Class E
Median
Other - Energy Equity
3 Yr Annualized
| Standard Deviation | 12.30% | 20.33% | 31.26% |
|---|---|---|---|
| Beta | 0.57% | 0.74% | 0.92% |
| Alpha | 0.06% | 0.03% | -0.03% |
| Rsquared | 0.89% | 0.90% | 0.93% |
| Sharpe | 1.46% | 1.08% | 0.35% |
| Sortino | 2.74% | 1.98% | 0.47% |
| Treynor | 0.31% | 0.30% | 0.12% |
| Tax Efficiency | 74.25% | 77.34% | 51.25% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.16% | 12.30% | 20.33% | 31.26% |
| Beta | 0.55% | 0.57% | 0.74% | 0.92% |
| Alpha | 0.04% | 0.06% | 0.03% | -0.03% |
| Rsquared | 0.90% | 0.89% | 0.90% | 0.93% |
| Sharpe | 2.64% | 1.46% | 1.08% | 0.35% |
| Sortino | 8.76% | 2.74% | 1.98% | 0.47% |
| Treynor | 0.58% | 0.31% | 0.30% | 0.12% |
| Tax Efficiency | 84.91% | 74.25% | 77.34% | 51.25% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | April 11, 2011 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $13.42 |
| 52 Week Low | $10.10 |
| Annual Dividend | $1.32 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | Yes |
Investment Objectives
The investment objective of the ETF seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of Canadian companies that are involved in the crude oil and natural gas industry (currently, the Solactive Equal Weight Canada Oil & Gas Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, the ETF will employ a dynamic covered call option writing program.
Investment Strategy
To achieve its investment objective, each of ENCC and BKCC invests in an equal weighted portfolio of Canadian companies in accordance with their respective investment objectives, which may include ETFs that provide exposure to such companies. Semi-annually, on the Constituent Reset Date, the Investment Manager will, based on the applicable reference index for ENCC and BKCC respectively
Portfolio Management
| Portfolio Manager |
Global X Investments Canada Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Global X Investments Canada Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.76% |
|---|---|
| Management Fee | 0.65% |
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