ENCC vs. XEG ETF Comparison

Comparison of Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) to iShares S&P/TSX Capped Energy Index ETF (XEG)

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

140,278

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

XEG

iShares S&P/TSX Capped Energy Index ETF

XEG Description

iShares S&P/TSX Capped Energy Index Fund, formerly iShares CDN S&P/TSX Capped Energy Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Energy Index (the Index) through investments in the constituent issuers of such index. The Index consists of securities of Canadian energy sector issuers listed on the TSX, selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Index includes stocks belonging to the S&P/TSX Energy industry sector classification, with the weight of any one company capped at 25% of the market capitalization of the Index. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$18.55

Average Daily Volume

1,248,890

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ENCC	XEG
30 Days	1.49%	1.74%
60 Days	6.50%	6.01%
90 Days	2.21%	-0.47%
12 Months	5.85%	10.41%

8 Overlapping Holdings

	Symbol	Grade	Weight in ENCC	Weight in XEG	Overlap
	ARX	A	7.89%	5.08%	5.08%
	CNQ	D	6.68%	24.71%	6.68%
	CVE	D	7.28%	10.94%	7.28%
	IMO	A	7.16%	5.85%	5.85%
	MEG	D	8.03%	2.56%	2.56%
	SU	A	6.59%	23.6%	6.59%
	TOU	A	8.34%	7.74%	7.74%
	WCP	C	6.62%	2.25%	2.25%

ENCC Overweight 1 Positions Relative to XEG

	Symbol	Grade	Weight
	VET	C	7.04%

ENCC Underweight 2 Positions Relative to XEG

	Symbol	Grade	Weight
	PSK	A	-2.44%
	VRN	D	-1.91%

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

XEG: Top Represented Industries & Keywords

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

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