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

$11.35

Average Daily Volume

144,640

Number of Holdings ^*

9

* 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

$75.78

Average Daily Volume

11,242

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ENCC	ZEO
30 Days	0.44%	1.54%
60 Days	5.19%	7.38%
90 Days	-1.22%	1.96%
12 Months	6.13%	20.35%

6 Overlapping Holdings

	Symbol	Grade	Weight in ENCC	Weight in ZEO	Overlap
	CNQ	D	6.68%	9.21%	6.68%
	CVE	D	7.28%	9.14%	7.28%
	IMO	B	7.16%	9.41%	7.16%
	MEG	D	8.03%	9.31%	8.03%
	SU	A	6.59%	8.97%	6.59%
	TOU	B	8.34%	9.46%	8.34%

ENCC Overweight 3 Positions Relative to ZEO

	Symbol	Grade	Weight
	ARX	A	7.89%
	VET	C	7.04%
	WCP	D	6.62%

ENCC Underweight 4 Positions Relative to ZEO

	Symbol	Grade	Weight
	KEY	A	-9.15%
	TRP	A	-9.04%
	PPL	A	-8.85%
	ENB	A	-8.83%

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

ZEO: Top Represented Industries & Keywords

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

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