ENCC vs. ZEO ETF Comparison

Comparison of Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) to BMO S&P/TSX Equal Weight Oil & Gas Index ETF (ZEO)

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

$11.24

Average Daily Volume

66,991

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ZEO

BMO S&P/TSX Equal Weight Oil & Gas Index ETF

ZEO Description

BMO Equal Weight Oil & Gas Index ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian large-cap oil and gas companies index, net of expenses. Currently, BMO Equal Weight Oil & Gas Index ETF seeks to replicate the performance of the Solactive Equal Weight Canada Oil & Gas Index.

Grade (RS Rating)

Last Trade

$70.28

Average Daily Volume

7,879

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ENCC	ZEO
30 Days	-2.22%	-1.11%
60 Days	2.23%	4.04%
90 Days	7.51%	11.82%
12 Months	6.80%	20.10%

6 Overlapping Holdings

Symbol	Grade	Weight in ENCC	Weight in ZEO	Overlap
ARX	B	7.89%	10.75%	7.89%
CNQ	B	6.68%	10.45%	6.68%
CVE	B	7.28%	8.3%	7.28%
IMO	B	7.16%	10.52%	7.16%
SU	A	6.59%	9.75%	6.59%
TOU	B	8.34%	8.59%	8.34%

ENCC Overweight 4 Positions Relative to ZEO

Symbol	Grade	Weight
ERF	B	8.3%
MEG	B	8.03%
VET	D	7.04%
WCP	B	6.62%

ENCC Underweight 4 Positions Relative to ZEO

Symbol	Grade	Weight
PPL	A	-11.06%
TRP	D	-10.71%
ENB	A	-9.98%
KEY	A	-9.94%

ENCC: Top Represented Industries & Keywords

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

ZEO: Top Represented Industries & Keywords

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