ENCC vs. MCSM ETF Comparison

Comparison of Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) to Manulife Mulfact CDN Smid Cap Idx ETF (MCSM)

ENCC

Horizons Canadian Oil and Gas Equity Covered Call ETF

ENCC Description

Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) is a covered call ETF that gives investors exposure to some of the largest and most liquid Canadian oil & gas stocks and it then uses a covered call strategy to help generate additional income on the portfolio.

Grade (RS Rating)

Last Trade

$11.75

Average Daily Volume

140,278

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

MCSM

Manulife Mulfact CDN Smid Cap Idx ETF

MCSM Description

Manulife Multifactor Canadian SMID Cap Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the John Hancock Dimensional Canadian SMID Cap Equity Index (CAD), or any successor thereto. Manulife Multifactor Canadian SMID Cap Index ETF invests directly or indirectly primarily in mid and small capitalization Canadian equities.

Grade (RS Rating)

Last Trade

$42.23

Average Daily Volume

1,133

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	ENCC	MCSM
30 Days	1.49%	-1.22%
60 Days	6.50%	3.73%
90 Days	2.21%	6.51%
12 Months	5.85%	20.79%

2 Overlapping Holdings

	Symbol	Grade	Weight in ENCC	Weight in MCSM	Overlap
	MEG	D	8.03%	2.1%	2.1%
	WCP	C	6.62%	1.8%	1.8%

ENCC Overweight 7 Positions Relative to MCSM

	Symbol	Grade	Weight
	TOU	A	8.34%
	ARX	A	7.89%
	CVE	D	7.28%
	IMO	A	7.16%
	VET	C	7.04%
	CNQ	D	6.68%
	SU	A	6.59%

ENCC Underweight 7 Positions Relative to MCSM

	Symbol	Grade	Weight
	KEY	A	-2.31%
	CLS	A	-2.3%
	CPX	A	-1.92%
	FTT	D	-1.88%
	PSK	A	-1.86%
	AQN	F	-1.84%
	NPI	F	-1.81%

ENCC: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Oil Crude Oil Natural Gas Petroleum Energy Oil Sands Liquids Marketing Petroleum Geology Petroleum Industry Petroleum Industry In Canada Cardium Integrated Offshore Pipe Pipeline S&P/Tsx 60 Index Transport Athabasca Athabasca Oil Sands

MCSM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Utilities - Independent Power Producers Contract Manufacturers Industrial Distribution Oil & Gas Midstream Utilities - Regulated Electric

Keywords: Energy Natural Gas Oil Solar Pipe Pipeline Oil And Gas Petroleum Storage Waste Acquisitions Aerospace Algonquin Power & Utilities Alternative Energy Athabasca Athabasca Oil Sands Biomass Business Lines By Products Cardium