ENCL vs. FCQH ETF Comparison
Comparison of Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF (ENCL) to Fidelity US High Qlty Cur Ntrl Index ETF (FCQH)
ENCL
Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF
ENCL Description
Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. It invests directly, through derivatives and through other funds in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas sectors. The fund uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Equal Weight Canada Oil & Gas Index. Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF was formed on October 10, 2023 and is domiciled in Canada.
Grade (RS Rating)
Last Trade
$21.10
Average Daily Volume
132,918
1
FCQH
Fidelity US High Qlty Cur Ntrl Index ETF
FCQH Description
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. High Quality Currency Neutral Index (the Index). It invests primarily in equity securities of large and mid-capitalization U.S. companies with a higher quality profile than the broader U.S. equity market. The ETF uses derivatives to try to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars. The Index is designed to reflect the performance of of stocks of large- and mid-capitalization U.S. companies with a higher quality profile than the broader U.S. equity market.Grade (RS Rating)
Last Trade
$59.14
Average Daily Volume
631
1
Performance
Period | ENCL | FCQH |
---|---|---|
30 Days | 6.73% | 4.23% |
60 Days | 10.76% | 7.31% |
90 Days | 6.31% | 7.02% |
12 Months | 18.12% | 31.22% |
0 Overlapping Holdings
Symbol | Grade | Weight in ENCL | Weight in FCQH | Overlap |
---|
ENCL Overweight 1 Positions Relative to FCQH
Symbol | Grade | Weight | |
---|---|---|---|
ENCC | A | 126.39% |
ENCL Underweight 1 Positions Relative to FCQH
Symbol | Grade | Weight | |
---|---|---|---|
FCUQ | A | -100.23% |
ENCL: Top Represented Industries & Keywords
FCQH: Top Represented Industries & Keywords