ENCC vs. XMA ETF Comparison

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

$11.35

Average Daily Volume

144,640

Number of Holdings *

9

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

iShares S&P/TSX Capped Materials Index ETF

XMA Description iShares S&P/TSX Capped Materials Index Fund, formerly iShares CDN S&P/TSX Capped Materials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Materials Index (the Index) through investments in the constituent issuers of such Index. The Index is a constrained market capitalization-weighted index that consists of the securities of Canadian materials sector issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. In the Index, the weight of any one company, in terms of market capitalization, is limited to 25%. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$21.09

Average Daily Volume

47,970

Number of Holdings *

8

* may have additional holdings in another (foreign) market
Performance
Period ENCC XMA
30 Days 0.44% -7.13%
60 Days 5.19% -4.09%
90 Days -1.22% -1.45%
12 Months 6.13% 24.94%
0 Overlapping Holdings
Symbol Grade Weight in ENCC Weight in XMA Overlap
ENCC Overweight 9 Positions Relative to XMA
Symbol Grade Weight
TOU B 8.34%
MEG D 8.03%
ARX A 7.89%
CVE D 7.28%
IMO B 7.16%
VET C 7.04%
CNQ D 6.68%
WCP D 6.62%
SU A 6.59%
ENCC Underweight 8 Positions Relative to XMA
Symbol Grade Weight
AEM D -12.72%
ABX D -10.99%
WPM C -8.73%
FNV D -7.53%
NTR D -7.49%
K C -3.63%
IVN D -3.35%
FM C -2.9%
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