ENCC vs. WXM ETF Comparison

Comparison of Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) to First Asset Morningstar Canada Momentum Index ETF (WXM)
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

$11.73

Average Daily Volume

68,816

Number of Holdings *

10

* may have additional holdings in another (foreign) market
WXM

First Asset Morningstar Canada Momentum Index ETF

WXM Description The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “Index”), net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.

Grade (RS Rating)

Last Trade

$26.35

Average Daily Volume

3,817

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period ENCC WXM
30 Days 3.53% -0.34%
60 Days 7.81% 2.32%
90 Days 9.78% 4.47%
12 Months 8.71% 6.24%
2 Overlapping Holdings
Symbol Grade Weight in ENCC Weight in WXM Overlap
ARX A 7.89% 3.42% 3.42%
MEG A 8.03% 3.58% 3.58%
ENCC Overweight 8 Positions Relative to WXM
Symbol Grade Weight
TOU A 8.34%
ERF A 8.3%
CVE A 7.28%
IMO A 7.16%
VET B 7.04%
CNQ A 6.68%
WCP A 6.62%
SU A 6.59%
ENCC Underweight 8 Positions Relative to WXM
Symbol Grade Weight
IVN A -3.67%
GIL B -3.6%
NA A -3.51%
TIH B -3.5%
MFC C -3.48%
X B -3.44%
CNR D -3.41%
GEI B -3.38%
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