FXM vs. ENCC ETF Comparison
Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC)
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.
Grade (RS Rating)
Last Trade
$25.94
Average Daily Volume
2,116
10
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
$11.74
Average Daily Volume
138,760
9
Performance
Period | FXM | ENCC |
---|---|---|
30 Days | 4.64% | 4.08% |
60 Days | 8.22% | 7.21% |
90 Days | 11.47% | 2.94% |
12 Months | 28.67% | 7.98% |
1 Overlapping Holdings
Symbol | Grade | Weight in FXM | Weight in ENCC | Overlap | |
---|---|---|---|---|---|
MEG | C | 3.39% | 8.03% | 3.39% |
FXM: Top Represented Industries & Keywords
ENCC: Top Represented Industries & Keywords