ENCC vs. ZUT ETF Comparison

Comparison of Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) to BMO Equal Weight Utilities Index ETF (ZUT)

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 ^*

* may have additional holdings in another (foreign) market

ZUT

BMO Equal Weight Utilities Index ETF

ZUT Description

BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index

Grade (RS Rating)

Last Trade

$21.92

Average Daily Volume

43,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ENCC	ZUT
30 Days	0.44%	-3.99%
60 Days	5.19%	-1.19%
90 Days	-1.22%	4.76%
12 Months	6.13%	13.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in ENCC	Weight in ZUT	Overlap

ENCC Overweight 9 Positions Relative to ZUT

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 9 Positions Relative to ZUT

Symbol	Grade	Weight
TA	B	-7.83%
BEP.UN	D	-7.43%
INE	D	-7.41%
BLX	D	-7.31%
BIP.UN	B	-7.28%
NPI	D	-7.23%
CPX	B	-7.02%
CU	C	-6.96%
EMA	C	-6.92%

ENCC: Top Represented Industries & Keywords

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

ZUT: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Utilities - Diversified Utilities - Regulated Electric